Potential Head & Shoulders On Sun Hung Kai Properties
22 February 2012 09:00:16 WIB
Shkai-Hk

Hourly chart of Shkai-Hk stocks movement potential form head and shoulders pattern. The confirmation level of the pattern the neckline area marked with the green line in chart above. If the neckline is broken, the movement potential continued the correction aiming the support at 115.35 until 113.83. The bearish projection is also reinforced by CCI and stochastic movement was on the overbought area. However be alert a rebound aiming the resistance at 121.80 if the neckline area holds.
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