I've followed this stock for more than 10 days ago waiting to retest the broken resistance at 41.5 Fils (small Kuwaiti currency like pence). Unfortunately, I was sleeping when the confirmation signal triggered. However, there still a change to follow the trend and jump in tomorrow to make some money for next week. So my plan is to buy this stock at the current level or below unless the support at 41.5 broken. My target is 47 or when the minor trend shows a relative weaken and stop loss at 41.
Here I present my thoughts about the markets and my way in using technical analysis. every one is welcome
Thursday, June 25, 2015
Good set up of stock in Kuwait financial exchange
Updated (8-20): Kuwait stocks are avoided till the index find ground.
I've followed this stock for more than 10 days ago waiting to retest the broken resistance at 41.5 Fils (small Kuwaiti currency like pence). Unfortunately, I was sleeping when the confirmation signal triggered. However, there still a change to follow the trend and jump in tomorrow to make some money for next week. So my plan is to buy this stock at the current level or below unless the support at 41.5 broken. My target is 47 or when the minor trend shows a relative weaken and stop loss at 41.
I've followed this stock for more than 10 days ago waiting to retest the broken resistance at 41.5 Fils (small Kuwaiti currency like pence). Unfortunately, I was sleeping when the confirmation signal triggered. However, there still a change to follow the trend and jump in tomorrow to make some money for next week. So my plan is to buy this stock at the current level or below unless the support at 41.5 broken. My target is 47 or when the minor trend shows a relative weaken and stop loss at 41.
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