Daily Chart of Utd Envirotech Ltd

CSI Buy Signal - Utd Envirotech Ltd (Follow Up)

This stock has broken the peak (resistance) on 26/7/13 at the price of 1.00 and hence a 3^rd arrow has been generated. The trough (support) for this stock is at 0.97. One can add position when the price breaks one bid above 1.03. This stock has just made a new high and is an up trending stock. One has to manage the position sizing when following the arrows.

When one enters a trade using the mechanical trading system like CSI, one should also exit by following the system. By removing the responsibility from the trader of having to choose the entry and exit, the CSI expert is supposed to help the trader overcome emotion. With emotions eliminated from each trade, the trader may be in a stronger position.

To find out more about the CSI Trading system, come and join us at our events.

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Upcoming Event

Collin's Client Meeting – Stock Market Technical Review

Come and join Collin as he shares his views on the Stock Market using Technical Analysis. If you are not a client yet, we welcome you to attend the seminar to find out what value-added services we offer to our clients.

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Date : 6^th Aug 2013 (Tue)

Time : 7pm - 9pm

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