Many people have not noticed on how Accumulation take place and we will like to share with our viewers on 1 particular counter GOODPACK. Looking at the chart from JUNE TO SEPTEMBER 2013 currently,GOODPACK has been trading in an accumulation range of $1.6 to $1.43 most of the time and always face resistance at $1.6 However recently it traded past its resistance level at $1.6 and closed at $1.64. This indicate upside bias as it has break out of its range! Its inverese head and shoulder upside targeted price will be $1.75 and ultimately $2.
At SgxWinner, we strike to work hard for our future and punting intra-day doing wonders. This is one particular counter that SgxWinner is positioning to take advantage of the surge in price once it clear the hurdle at $1.6 resistance.