Professional Documents
Culture Documents
7HFKQLFDO(YHQW(GXFDWLRQDO0DWHULDO
7HFKQLFDO(YHQW(GXFDWLRQDO0DWHULDO
'LDPRQG7RS
&ODVVLF3DWWHUQ
,PSOLFDWLRQ
$'LDPRQG7RSLVFRQVLGHUHGDEHDULVKVLJQDOLQGLFDWLQJDSRVVLEOHUHYHUVDORIWKHFXUUHQWXSWUHQGWRDQHZGRZQWUHQG
'HVFULSWLRQ
'LDPRQGSDWWHUQVXVXDOO\IRUPRYHUVHYHUDOPRQWKVLQYHU\DFWLYHPDUNHWV9ROXPHUHPDLQVKLJKGXULQJWKHIRUPDWLRQRIWKLV
SDWWHUQ7KH'LDPRQG7RSLQGLFDWHVDUHYHUVDOWRDGRZQWUHQG
7KH'LDPRQG7RSSDWWHUQRFFXUVEHFDXVHSULFHVFUHDWHKLJKHUKLJKVDQGORZHUORZVLQDEURDGHQLQJSDWWHUQ7KHQWKHWUDGLQJ
UDQJHJUDGXDOO\QDUURZVDIWHUWKHKLJKVSHDNDQGWKHORZVVWDUWWUHQGLQJXSZDUG7KH7HFKQLFDO(YHQWRFFXUVZKHQSULFHV
EUHDNGRZQZDUGRXWRIWKHGLDPRQGIRUPDWLRQ
7UDGLQJ&RQVLGHUDWLRQV
DurationofPattern
&RQVLGHUWKHGXUDWLRQRIWKHSDWWHUQDQGLWVUHODWLRQVKLSWR\RXUWUDGLQJWLPHKRUL]RQV7KHGXUDWLRQRIWKHSDWWHUQLVFRQVLGHUHG
WREHDQLQGLFDWRURIWKHGXUDWLRQRIWKHLQIOXHQFHRIWKLVSDWWHUQ7KHORQJHUWKHSDWWHUQWKHORQJHULWZLOOWDNHIRUWKHSULFHWR
PRYHWRLWVWDUJHW7KHVKRUWHUWKHSDWWHUQWKHVRRQHUWKHSULFHPRYH,I\RXDUHFRQVLGHULQJDVKRUWWHUPWUDGLQJRSSRUWXQLW\
ORRNIRUDSDWWHUQZLWKDVKRUWGXUDWLRQ,I\RXDUHFRQVLGHULQJDORQJHUWHUPWUDGLQJRSSRUWXQLW\ORRNIRUDSDWWHUQZLWKDORQJHU
GXUDWLRQ
TargetPrice
KWWSVVLWHUHFRJQLDFRPSKLOOLSVHUYHVKWPO"SDJH HGXFDWLRQ HYHQWW\SHLG UHI HGXFDWLRQBPHQX VLG RXWSXW SULQW
7HFKQLFDO(YHQW(GXFDWLRQDO0DWHULDO
7KHWDUJHWSULFHSURYLGHVDQLPSRUWDQWLQGLFDWLRQDERXWWKHSRWHQWLDOSULFHPRYHWKDWWKLVSDWWHUQLQGLFDWHV&RQVLGHUZKHWKHU
WKHWDUJHWSULFHIRUWKLVSDWWHUQLVVXIILFLHQWWRSURYLGHDGHTXDWHUHWXUQVDIWHU\RXUFRVWVVXFKDVFRPPLVVLRQVKDYHEHHQWDNHQ
LQWRDFFRXQW$JRRGUXOHRIWKXPELVWKDWWKHWDUJHWSULFHPXVWLQGLFDWHDSRWHQWLDOUHWXUQRIJUHDWHUWKDQEHIRUHDSDWWHUQ
VKRXOGEHFRQVLGHUHGXVHIXO+RZHYHU\RXPXVWFRQVLGHUWKHFXUUHQWSULFHDQGWKHYROXPHRIVKDUHV\RXLQWHQGWRWUDGH$OVR
FKHFNWKDWWKHWDUJHWSULFHKDVQRWDOUHDG\EHHQDFKLHYHG
InboundTrend
7KHLQERXQGWUHQGLVDQLPSRUWDQWFKDUDFWHULVWLFRIWKHSDWWHUQ$VKDOORZLQERXQGWUHQGPD\LQGLFDWHDSHULRGRIFRQVROLGDWLRQ
EHIRUHWKHSULFHPRYHLQGLFDWHGE\WKHSDWWHUQEHJLQV/RRNIRUDQLQERXQGWUHQGWKDWLVORQJHUWKDQWKHGXUDWLRQRIWKHSDWWHUQ
$JRRGUXOHRIWKXPELVWKDWWKHLQERXQGWUHQGVKRXOGEHDWOHDVWWLPHVWKHGXUDWLRQRIWKHSDWWHUQ
&ULWHULDWKDW6XSSRUW
SupportandResistance
6XSSRUWFDQEHIRXQGDWWKHWXUQLQJSRLQWRIWKHORZVDQGUHVLVWDQFHDWWKHWRSSHDNRIWKH'LDPRQG
MovingAverage
:DWFKIRUWKHGD\0RYLQJ$YHUDJHWRIODWWHQRXW7KHQZDWFKIRUWKHGD\0RYLQJ$YHUDJHWRFURVVEHORZWKHGD\
0RYLQJ$YHUDJH7KLVVKRXOGVLJQDOWKHEUHDNRXW
&ULWHULDWKDW5HIXWH
NoVolume
$ODFNRIDYROXPHWKURXJKRXWWKHSDWWHUQLVDQLQGLFDWLRQWKDWWKLVSDWWHUQPD\QRWEHUHOLDEOH
ShortInboundTrend
$QLQERXQGWUHQGWKDWLVVLJQLILFDQWO\VKRUWHUWKDQWKHSDWWHUQGXUDWLRQLVDQLQGLFDWLRQWKDWWKLVSDWWHUQVKRXOGEHFRQVLGHUHG
OHVVUHOLDEOH
7KH5HFRJQLD7HFKQLFDO$QDO\VLVVHUYLFHLVSURYLGHGE\5HFRJQLD,QF7KLVVHUYLFHLVIRULQIRUPDWLRQDOSXUSRVHVRQO\7KHLQIRUPDWLRQFRQWDLQHGLQ
WKLVVHUYLFHGRHVQRWFRQVWLWXWHDGYLFHRUDUHFRPPHQGDWLRQE\3KLOOLS6HFXULWLHVRU5HFRJQLD,QFLQUHVSHFWRIWKHLQYHVWPHQWLQILQDQFLDO
LQVWUXPHQWV
)XQGDPHQWDOFRPSDQ\GDWDLVSURYLGHGE\:RUOGYHVW%DVH,QF:9%+LVWRULFDOFKDUWGDWDIURP7KRPVRQ5HXWHUVLVSURYLGHGE\6XQ*DUG
TechnicalEventDQGRecogniaDUHUHJLVWHUHGWUDGHPDUNVRI5HFRJQLD,QF
5HFRJQLDSURGXFWVDQGVHUYLFHVDUHSURWHFWHGXQGHU863DWHQW1RVDQGDQG
FRUUHVSRQGLQJIRUHLJQSDWHQWV