October 8, 2014
Over the past few weeks SIMO – Silicon Motion Technologies managed to repeatedly grab my attention. Here are a few reasons why: SIMO is trading close to its all time high Bullish ascending triangle chart pattern Impressive display of resilience during recent market weakness Bottoming tails and bottoming tails cluster the past two days It […]
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October 8, 2014
Quick follow up post to my recent take on KNDI – Kandi Technologies sometimes referred to as the ‘Chinese Tesla’. http://www.tischendorf.com/2014/10/06/kndi-kandi-technologies-potential-long-term-topping-chart-pattern/ The long-term topping pattern remains in place. Price got rejected by triple resistance: Former gap area resistance Topping tails cluster MA 200 resistance As long as the stock stays below that resistance area there is […]
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