Geely Automobile (0175): Possible price consolidation

  Geely break its support way back in Nov/Dec 2010. And ultimately, break down from the kumo support from 3.60 Since then, the sharp drop has slowly disappear and the price has slowly consolidated around 2.80 Current support from the Ichimoku chart shows $2.78 as identified by the Chikou Span. Second support is around $2.55… Continue reading Geely Automobile (0175): Possible price consolidation

Ford (F) : Breaks resistance with kumo twist

An interesting move for Ford today. The general market is down while it gaps up and break through resistance at around 12.56 The price is above the kumo and we can also see that the leading kumo is twisting (another sign that its uptrend is going up and intact) It’s next resistance is around 13.25;… Continue reading Ford (F) : Breaks resistance with kumo twist