Jackson Investment Sharing

2015年1月24日星期六

Current Closing (as at 23^th January 2015)	1803.08
Projection Closing (as at 30^th January 2015)	1840
Recommendation	Buy
Resistance	1^st Resistant 1818 (38% Retracement, Intermediate Term Down Trendline ) 2^nd Support 1832 (50% Retracement) 3^rd Support 1840 ( 1 Objective) 4^th Support 1847 (62% Retracement) 5^th Support 1895 (52-week high) 6^th Support 1940 (2 Objectives)
Support	1^st Support 1770 (Price Pattern Support) 2^nd Support 1722 (38% Retracement) 3^rd Support 1707 (50% Retracement) 4^th Support 1693 (62% Retracement) 5^th Support 1672 (52-week low)

Medium Term Trend	Up Trend · Ascending Triangle Breakout o Breakout develop at ¾ with volume expansion Hitting Intermediate Down Trendline Resistant · Resistant of Intermediate down trendline at 1818, same as 38% Retracement · Expanding Volume, High chance to break the resistant · If the down trend been violated, the price might up till 1840 (1 Objective)
Momentum Analysis	· MACD o Overbought Signal o MACD line rises above the zero line, suggests long-term market sentiment is bullish · Stochastic o Buy Signal § Stochastic %K Line reaches Extreme (100%) in a rising market · Overbought condition has been “neutralized” · Next rally is going to take the price higher

Volume Analysis

· Bullish Signal

o Price on the move back lower stays higher than the previous low

o Volume is diminished on second decline

Disclaimer: This is not buy calls, all the info shared here are for sharing purpose only. Trade at your own risk.

2015年1月18日星期日

Current Closing (as at 16^th January 2015)	1743.57
Projection Closing (as at 23^th January 2015)	1730
Recommendation	Sell
Resistance	1^st Resistant 1770 (Price Pattern Resistant) 2^nd Resistant 1818 (38% Retracement) 3^rd Support 1832 (50% Retracement) 4^th Support 1847 (62% Retracement) 5^th Support 1895 (52-week high, 100% Retracement)
Support	1^st Support 1722 (38% Retracement) 2^nd Support 1707 (50% Retracement) 3^rd Support 1692 (62% Retracement) 4^th Support 1672 (52-week low) 5^th Support 1645 (Price Pattern Support, 100% Retracement)

Medium Term Trend

Down Trend

· Triple Top Breakout

· Death Cross Confirm

· Violation of Long Up Trend

o Length of the trendline more than 3 years

o Trendline has been touched for 5 times

o Flat trendline

o Base on the measuring, the price might drop till 1580

Momentum Analysis

· MACD

o Overbought Signal

o MACD line fall below the zero line, suggests long-term market sentiment is bearish

· Rate of Change

o Bearish Signal

§ Negative Divergence

· Almost no upside momentum when price reach 52-week high

· Confirm with Uptrend line violation in price

· Confirm with Moving Average Penetration

o Death Cross Confirm

Volume Analysis

· Rising Volume with Falling Prices

o Bearish Signal

· Rising Price with Falling Volume

o Weak and “suspected” rally

o Market up due to lack of selling pressures

o Price will fall substantially

Disclaimer: This is not buy calls, all the info shared here are for sharing purpose only. Trade at your own risk.