Thursday, June 4, 2009


SUPPORT & RESISTANCE + Volume are the 3 most CRITICAL and telling factors of trading >>> ZL suggest every BT Chatter learn it >>>> ECM is a CLASSIC EXAMPLE Mid Bollinger Support
The rationale of accumulating 2143 ECM is based on a strong S&P 500 turnaround. SPX aka S&P500 just broke above the SMA 200 which is technically a bullish achievement. Other than the 30 DOW components, all the major banks and financial issues are grouped into the SPX. ECM being an investment bank will also benefit from the Govt efforts to promote and increase foreign investments in local financial instituitions.

U saw how SUPPORT worked >>>> now look very carefully and try spot ECM RESISTANCE >>>> Do not chase at resistance. To those who CONTRA >>>> BT policy is always BUY RED SELL GREEN @ Buy at SUPPORT SELL at RESISTANCE >>> check the ECM RESISTANCE >>>> Pls try on your own >>>> U gotta mature technically >>> no one can feed you forever. Be your own man >>> LEARN http://zlbursatheme.blogspot.com/2009/06/2143-ecm-buy-on-dips-tp-rm100.html

ZL tolong2 sikit becoz u admit u blur2 >>>> # 1 Chart ECM >>>> can see the FIBO 50% 78.5 sen line???? THat is RESISTANCE >>>> U can trade S&R and sell just b4 it reaches the Fibonacci 50% Retracement @ 78.5 >>> Try Google what is FIBONACCI techniques

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