FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

ASI Technical Analysis - Book Your Profits Now before too Late Vote_lcap68%ASI Technical Analysis - Book Your Profits Now before too Late Vote_rcap 68% [ 178 ]
ASI Technical Analysis - Book Your Profits Now before too Late Vote_lcap18%ASI Technical Analysis - Book Your Profits Now before too Late Vote_rcap 18% [ 47 ]
ASI Technical Analysis - Book Your Profits Now before too Late Vote_lcap13%ASI Technical Analysis - Book Your Profits Now before too Late Vote_rcap 13% [ 35 ]

Total Votes : 260

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » ASI Technical Analysis - Book Your Profits Now before too Late

ASI Technical Analysis - Book Your Profits Now before too Late

Go down  Message [Page 1 of 1]

spindain


Equity Analytic
Equity Analytic
This is just my opinion. Think wisely and don't think market will go up like a rocket. Then you are a trader with emotions.
As a new Trader (You are miles away from being an investor) learn how to book profits at the right time.

See the below chart with Fibo points and RSI attached. If anyone says market will go straight to 7000 then you are a fool. 

ASI Technical Analysis - Book Your Profits Now before too Late Asi_ch11


* Last significant drop happened in Early July due to a Corona 2nd wave rumor. Approx 350.00 - 400.00 points dropped during a short period of time. 

* RSI over 75.00 line which indicates market highly overbought level. 

*So with the bad news we have atm there might be a retracement towards minimum 5,800.00 mark. Ideal point should be at Fib 61.8 - 5,600.00 which is highly unlikely. 

* Don't listen to experts. 90% of them are still at a loss and try to recover losses by promoting crap stocks here.

* Invest in fundamental / dividend paying stocks 

My suggestion is book some profits if you are green and collect them at lower prices. If you are in RED it is time to average.

In any case Good luck !

spindain, arrowms, Junior investor, RJ1010, Mithooshan, judecroos and geesura like this post

spindain


Equity Analytic
Equity Analytic
Charts don't lie. 


5,600.00 achieved as predicted. Next stop will be 5,000.00 (Fib level 38.2)  if we going at this current speed. Another bad news or two we will be there.  Invest wisely. 

Exit from crap shares and move for the fundamental shares.

spindain likes this post

Eranga87 dislikes this post

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum