TAYO @ daily @ worst (-20%) 2016 share market, what`s next ?Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
58 SHARE INDICES worldwide (2016 Yearly Performance) @ drive.google.com
Best regards
Aaron
In-depth trading ideas
Buy TAY0 at 339,68, with a Stop Loss at 329,95 and Profit TargetAlthough in a descending triangle, TAY0 has tested a support level at 339,43 and reversed with a reverse candle. So we see a good Reward to Risk to try and capture the upside untl price reaches the descending triangle line.
0Long
Shanghai Class B Index Triangle Thrust Still Has Some Room to GoShanghai Class B Shares have thrusted out of a triangle which ended in June 2014.
The index still has just a bit further to rise before reaching the minimum expected upward thrust level, which nearly coincides with the upper trendline drawn through the peaks of 2001 and 2007. Targeting at least 567-586 before the correction ensues.
This action is of probable relevance to the entire Chinese stock market, namely the ongoing parabolic rally in the Shanghai A Shares.
