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There is no right no wrong on chart analysis. Every indicator or technical has its strength as well as weakness. See chart for details, chart worth a thousand words.
Global Logistic Properties Ltd Chart Analysis with Equal Distance Channel
Equal Distance Channel, price action is moved withing the EDC. Buy when price action supported by Channel. Sell when price action resisted by Channel.
July 10, 2015 Global Logistic Properties
Global Logistic Properties Limited
You may catch a falling knife, when price action near support and price action completed a bullish chart pattern. Do you see double bottom? Not yet, the second bottom have not yet completed; only when you see the valley.
July 10, 2015 Global Logistic Properties Limited
Global Logistic Properties Limited and River
July 10, 2015 Global Logistic Properties
Global Logistic Properties Limited and Fibonacci
July 10, 2015 Global Logistic Properties Limited and Fibonacci
You can find the earlier analysis on Global Logistic Properties Limited.
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Moses
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