Sunday, September 8, 2013
Industry: construction of power plants and buildings, property development, and civil engineer contractor, civil technical design, civil engineering and building turnkey contractor, piling
Company website: http://www.zelan.com/home/
Since March 2013, there was an upswing every 2 months...
Is it time yet for another upswing??
Now look good, if use 10 vol adj MA the closing is above 10VMa and also above 25MA , if move up 27.5c will have resistance then follow by the Auto RnS of 30c.
From my latest study of the volume adj MA use this ZELAN as study as an example use 10 vol adj MA a good up trend the VAMA will always in between the price bars body and close price have to be above the VAMA.
CCL thank for advice me to study the MA let me fund the important of AVMA. Not the same either you use 5SMA or EMA, some time look alike but most of the time not the same , look at ZELAN friday close 5SMA .232 bottom of the bar, 10VAMA .233 middle of the bar. Zelan is low profit company, but it is very low already. even if it goes up also won't go far. hidden gems can shoot 200% within the same period. That was what the Turtle Trading System experiment all about to trade mechanically without emotion. It's not about profit-making as the trade position is already profitable ... it's about discipline, emo-control n risk management, this separates the ten-percents from the rest.
