Topic: Armstrong Industrial Corporation Limited 力达工业 (Read 1751 times)

CU · « **on:** August 31, 2007, 04:11:53 PM »

2007-08-06 daily chart ($0.365)

Armstrong Ind Technical Analysis:

Comments:

Daily Chart - stock has formed a bearish H&S Top breakout on 1/8 after closing below neckline of $0.40

Conclude: initial target objective points to $0.315 , along 50% fibo retracement

HC · « **Reply #1 on:** January 20, 2008, 10:02:53 AM »

Armstrong (2008-01-18 Closing Price $0.325)

This double top chart of Armstrong make my legweak

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HC · « **Reply #2 on:** October 12, 2008, 01:57:35 PM »

Armstrong (2008-10-10 Closing Price $0.115)

Price now resting on a very long term support at 0.11, which I think has good chance to hold.

CU · « **Reply #3 on:** March 18, 2010, 12:41:08 AM »

Armstrong [2010-03-17] - $0.30

Stock took a 6-month consolidation in a parallel trend and finally saw a final breakout last week to form a bullish Cup with Handle pattern on weekly chart. Volume was powerful, in addition weekly MacD also saw a bullish signal cross while staying positive

Resist - 0.35 | 0.46 (pattern target)
Support - 0.28
Validity - 4 weeks or upon breaking of support/resist

Chart created with ChartNexus charting software

Armstrong Industrial Corporation Limited 力达工业

CU · « **Reply #4 on:** March 25, 2010, 11:50:31 AM »

Stock has completed 1st target of 0.35 , a very good gain over over 15%

Current analysis closed.

ChartistsUnited

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Author Topic: Armstrong Industrial Corporation Limited 力达工业 (Read 1751 times)

CU

Armstrong Industrial Corporation Limited 力达工业

HC

Re: Armstrong Industrial Corporation Limited

HC

Re: Armstrong Industrial Corporation Limited

CU

Armstrong - Cup with Handle breakout on weekly chart

CU

Armstrong - completed immediate target of 0.35 (current analysis closed)