Happy Rich Way

Happy Rich Way

"How To Get Rich From Home With Your Own Business!”

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Archive for Stocks

Breaking Resistance Trading

Here is an example of trading when resistance is broken.
 
Met our trading objection of >10% and sold it with a tidy profit of 11% or $880.
 

Posted on August 2nd, 2009 under Rich Way, Stocks, Wealth. Tags: , , , , . Comments: None

Trading on Support/Resistance line

Here is a example of trading on support and resistance line.  I’ve bought Kep Corp 2000 @$6.60 on 13 July based on support and upswing momentum.  Sold it on 22 July @$7.62 based on resistance line.  Made a tidy profit of 15.5% or $2040.

The prove is here.

Posted on July 22nd, 2009 under Stocks. Tags: , , , . Comments: None

Trend Line

Technical Analysis experts advised “Never fight against the Trend and the trend is your true friend”.
An important principle in charting is to find out the current trend and when it has changed direction by just drawing a straight line. The straight line should connects at least two prominent peaks or low point of price [...]

Posted on February 2nd, 2009 under Stocks. Tags: . Comments: None


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