Spikes wrote:hisah wrote:hisah wrote:karasinga wrote:karasinga wrote:Angelica _ann wrote:
Also consider doing TA for ARM!!!
Hello Angelica _ann. Have a look at what I am seeing and my thought process on the chart. I concur with sparkly. Fundamental gurus are highly welcome to bring their side of the story.
hope this will help.
note: remember disclaimer
best wishes
think market marker and insiders have something here up their sleeves
due you do diligence and remember disclaimer
best wishes
A month later price action still stuck here. Dojis continue forming on the weekly and monthly chart. Accumulation? Loaded some this week. Aggressive play. 
Tough obstacle starts from 24 all the way to 30 handle. My expectation is the bear has overcooked the bad news so if FY comes out are burnt food the price will edge up! Any positive news will boost the resistance breakout. Pray for positive FY news. If negative a new breakout south is most likely to demote your expectations.
@ spikes. You are right on that a false break out south is a possibility.Technically, bulls have had a laboured move north which tells me bears are still present. But on "praying".... NO NO NO. We don't hope/pray in this business. It is either there are reasons to engage or not.
@ hisah. quoting Mark douglas
"You must learn to trust your edge. The edge means there is a higher probability of one outcome than another out of 100 trades. The greater your confidence, the easier it will be to execute your trades"... you are doing well mate as long as you are following your trading plan. happy hunting
It's not over until I winskype id: karasinga. email:
kkarasinga@gmail.com