Hexza
Sunday, September 9, 2007
Hexza Daily Chart
In my last comment, Hexza was traded in it's trendline and symmetrical triangle. It already broke the trendline and breakout happened. New trendline already made and it retraced at 61% fibo line.
Building wealth is about regular saving, intelligent investing and continuous learning. Manage personal finance, planning cashflow, saving and tracking money expenses are boring part and very slow on creating wealth. While buying and selling stocks are very interesting and challenging job in investment strategy which will make you thinking always.
Hexza Daily Chart
In my last comment, Hexza was traded in it's trendline and symmetrical triangle. It already broke the trendline and breakout happened. New trendline already made and it retraced at 61% fibo line.
Hexza Weekly Chart
From the price chart showing that Hexza rebounced at the trendline and at 61.8% Fibo line. Currently it take breath at 50% Fibo line. The last black candle indicate that investor still doubtful due to US market crisis and be careful of the market action. On the technical indicator RSI showing that overall price decline/reflect to downtrend line (I forgot to to make RSI trendline). RSI bounce on the previous support and still stick down. My impression is it will follow the market which I can assume that the downtrend line only will break if overall market showing good picture (KLCI>1300).
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