AXIATA–To Buy or not to buy? (from TA perspective)

Technically speaking, there is one very strong resistance zone ahead. AXIATA couldn’t break it for few times. What’s your confidence level of AXIATA will break that zone?

To long a stock, we need to see higher high and higher low pattern first. As of now, I personally do not see that. I might be wrong.

AXIATA-TA-13092013

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One thought on “AXIATA–To Buy or not to buy? (from TA perspective)

  1. ya , the chart pattern DO NOT offer such a view as mentioned , LC !

    Take a look at both the AT&T (T) & VERIZON (VZ) , the 2 giants that having similar biz , they both made the bullish move ahead of $DOW & $SPX , after May 2013 , the bullish move was paused and …….

    such a long time never read from here , as always , ya do provide excellence infos through this blog as well as ya FB (I lately only know that ya are the one who run/update the FB page , Towards Total Financial Freedom !!

    KEEP UP THE GOOD WORK !!

    just a thought !!

    Like

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