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Global Logistic Properties Ltd, MC0
General Terrain
Price action trigger the bull trap, and the price action begin to fallen and head south. Price exceeds the lower band and the trend continue. The price action has also completed a three drive pattern.
Visual View
Moving average is pointing down; bearish bias. Price action is below 21 MA and 50 MA. Price action crossed below a support line. The price action is continued on the falling trend.
To join the down trend the stop lost will be the last high. If must trade and do not want to have such a big stop lost, the best is put a stop lost one bit above the last candlestick.
Be careful.
Global Logistic Properties Limited June 22, 2015
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Thanks for visiting the website.
Moses
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