December 31, 2014
ZTE Corp, look left (back) stock price started decline since October 2013. May has token a turn and changed direction. PA started to travel north. In November, PA has made a double top. Double top sometime signal a change in direction; PA test and re-test a similar high.
Picture worth a thousand words. Starting December, the price has declined rapidly. Is the stock price hit the bottom? Will, to catch a falling knife; buy and expect the price to start travel north. Risky! Trade with eyes open.
Chart worth a thousand words! See chart for details.
ZTE Corp, December 30, 2014 Daily Chart
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Remember all setup can fail!
Thanks for visiting the site.
Moses
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