Pelikan Longterm Downtrend Line Already Broken

Wednesday, October 20, 2010

Pelikan weekly chart

Last week, I bought Pelikan at Rm1.13 and the set target for profit is at RM1.25. Set sell at Rm1.25 last week but not triggered. I am not able to contact my stock remisier as celcom coverage area at my office is not good. This is bad news. (normally I just set the sell/buy online trading platform in the morning)

But the good news is Pelikan hike to RM1.29 yesterday (today chart cannot be attached as blogger platform doing their maintenance). So my gain profit is much much better. Yeeahhhaaaa... From my chart as we can see, the downtrend line already broken. Weekly chart downtrend line broken this week. I bought it last week based on the daily chart downtrendline broke. Now my target changed to RM1.34.
weekly chart by tomorrow.

Happy investing...


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