Thursday, July 29, 2010

A share SSE bounce to where?

Shang Hai A share bounce from 2300 up to now 2650 around, the bottom just as my last months post anticipated, reach to min 2300 around . In fact, I treate 2300-2500 is a bottom area that worth to buy in.

So now issue is: this time up trend will go to where? I think current it has passed the 60days MA and now stand on it, it will go up but will stop at any point between 2600-2880 to start a small correct. I just can get that its max up to 2850+_40 points around for this time bouncing.

I will post a chart here later.

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