Singapore Stock Ichimoku Trade of the Week (26-9-2014) F83-SES COSCOCORP

On 26th Sept 2014, we received a 3 sell timeframe signal for the Singapore stock Coscocorp. Below is the email alert:

F83-EMAIL

The entry of this stock is at $0.673 and intitial stop at $0.702 and target at $0.665. I have chosen a target instead of preserve mode because on the daily, it is actually a consolidation pattern. The reward risk ratio is very bad, thus I do not take a bad reward risk ratio opportunity.

Below is the chart:

F83-CHART

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About the Author Maneshkumar Patel