Prices 12 Months
high 0.395 (14-May-09) low 0.140 (17-Mar-09)
The minor support at 0.17 already broken. 0.15/0.14 is the final support level.
My Elliot wave reading says it cannot go below 0.14 . Assuming it's right and 0.14 is the worst it can go, the reward over risk still tremendous. The reward need a lot of holding power (time).
Click to enlarge: SAAG daily chart:
Previous blog post on SAAG klse stocks blog
Prices 12 Months
high 0.395 (14-May-09) low 0.140 (17-Mar-09)
The minor support at 0.17 already broken. 0.15/0.14 is the final support level.
My Elliot wave reading says it cannot go below 0.14 . Assuming it's right and 0.14 is the worst it can go, the reward over risk still tremendous. The reward need a lot of holding power (time).
Click to enlarge: SAAG daily chart:
Previous blog post on SAAG klse stocks blog
2 comments:
what happened to SAAG?
any new support to your opinion?
Ivaan,
Hopeless for now.
New update at http://klse-stocks.blogspot.com/2010/03/saag-hopeless-for-now.html.
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