Continued from Technology Stock Rally ?
Of the 6, Valuetronics is the strongest followed by Sunningdale Tech in term of bullishness. The weakest UMS. The rest I should say is a 50-50 case that they will turn bullish.
That the last statement from the analysis done 1 week ago. Let see how they turned out 1 week later.
AEM
It didn't turn bullish but instead getting more bearish. The rise finally stop not even touching bottom of the cloud. The Tenkan line also failed to turn up and cut up the Kijun line. The short-term GMMA did compress but failed to cut up the expanded downtrend long-term GMMA. Not a single bullish sign was observed.
Hi-P
Similar situation as AEM and in fact a little bit weaker than AEM as the short-term GMMA now look appears to be expanding in a downtrend.
Sunningdale Tech
......
