Market Sense

DISCLAIMER

The information contained in this publication / this website is provided to you for general information only and is not intended to nor will it create/induce the creation of any binding legal relations. The information or opinions provided do not constitute investment advice, a recommendation, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on this information. Investments are subject to investment risks including possible loss of the principal amount invested. The value of the product and the income from them may fall as well as rise. You may wish to obtain advice from a financial adviser before making a commitment to purchase any of the investment products mentioned herein. In the event that you choose not to obtain advice from a financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest. Any views, opinions, references or other statements or facts provided in this blog/website are personal views and shall disclaim any liability for damages resulting from errors and omissions contained.

CK Choy.

Market Sense 市场意识: CSE Global FATA
Be decisive, Be patient, Don’t be greedy, Don't be stubborn

Disclaimer

如果要翻译这个网站，请使用google translate http://translate.google.com

The information contained in is provided to you for general information/circulation only and is not intended to nor will it create/induce the creation of any binding legal relations. The information or opinions provided do not constitute investment advice, a recommendation, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on this information. Investments are subject to investment risks including possible loss of the principal amount invested. The value of the product and the income from them may fall as well as rise.

You should seek advice from a financial adviser regarding the suitability of the investment products mentioned, taking into account your specific investment objectives, financial situation or particular needs, before making a commitment to purchase the investment product. In the event that you choose not to obtain advice from a financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest.

Any views, opinions, references or other statements or facts provided in this are personal views. No liability is accepted for any direct/indirect or any other damages of any kind arising from or in connection with your reliance on the information provided herein.

Personal Data Protection Act (PDPA)
You would like this website to collect your personally identifiable information that can be used to contact or identify you (“Personal Data”). Personal Data may include, but is not limited to:
- Your name, email address and phone number.
You acknowledge and consent to our collection of your personal data for contacting you on the purposes listed below:
- Marketing, advertising and promotional purposes related to the content of this website
- Provision of products & services which you have requested for
Please note that you are entitled to withdraw your consent for the collection of your personal data at any point in time by providing a notification to ckchoy77@gmail.com.

Note:
All TA (Technical Analysis) view using charts are for illustration purpose only.
Unless otherwise specified, all charts' sources are from POEMS(Phillip Online Electronic Mart System)

Monday, 16 October 2017

CSE Global FATA

TA ( Technical Analysis )
Support and resistance as shown: 0.565, 0.52, 0.485, 0.455, 0.415, 0.36, 0.33
After breaking down the long term support level at 0.415, CSE establishing a long term bearish trend. If have faith and wish to buy on dips, suggest to wait for a bottom consolidation line to be formed first, the consolidation bottom level should hang near to flat level for at least 1 to 6 months depending on the volume indication.
Conclusion: bearish

 recent activities and news that could be the main reason for CSE price being beaten down:
- 2Q17 recorded net loss of $13.8M
- CSE to pay US$12m as settlement for a potential civil liability to U.S. Department of the Treasury' s Office of Foreign Assets Control.
- The alleged violations arose from payment in USD for rendering non-US goods to Iran.

- CSE Global is expected to recognise a 2Q17 net loss arising from the one-off charge.
Mid to long term analysis (source : Poems Live Chart ) TA view for illustration purpose only

Posted by ckchoy77 at 13:27
Labels: ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)