Thursday, July 28, 2011

MapleTree Industrial Trust - The Long Waited Breakout!


Finally, the long waited breakout in MapleTree has materialized! Those who sold off early and took profits, congrats. Those who reentered because of good results, congrats too! this breakout is going to last not because the analyst had put a targeted price of 1.36, but more important, the big interests managed to buy a huge chunk at the bottom and wear off the premature bulls. The zones of accumulation highlighted in black represents area of buying. The red circle represents the long waited breakout that was discussed earlier on my previous post.

http://stockmarketmindgames.blogspot.com/2011/07/mapletree-industrial-trust-charts.html

Ronald K