Sunday, August 17, 2014

AIMS AMP CAPITAL INDUSTRIAL REITS - Heading For Potential Gap Resistance Zone


Beautiful inverted hammer reversal on 11th Aug 2014 at lower green channel support area.

Immediate potential resistance is the black gap zone.

Next potential resistance zone if the black gap is penetrated successfully is the red mid channel resistance range.

A strong upward swing above the red mid channel will result in a challenge to test the upper blue channel resistance boundary.

Take note that any failure to clear and stay above the black gap resistance will probably see range trading between the gap resistance zone and  lower green channel support zone.

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