Dmx Tech looks weak. Trend conclusion is possible scene. And sellers’ force are strong. It is currently trading below 150-day moving average. I am interested in watching DMX for possible short sell opportunity. Immediate support : 0.82 First target is set at 0.74.
As expected, it was a choppy day for SIMSCI. No position was established as market seems to be directionless. This is 12-min chart. The view of choppy day was built when observing positive Nikkei and negative Hang Seng during morning session. These two leading indices in regional market are contradicting and it was likely to […]
I saw DataCraft and Statchipac as interesting shorting candidate for 24-May-2006. Position has not been established yet. As market tends to be moving sideway. Nikkei is trading is positive territory as well. I would like to watch further before taking any action. Datacraft daily chart statChipac daily chart