TRANSPORTATION trade ideas

JeremyTee_ws

Touching the resistance now. Lets wait for it to break up this resistance line. Bull or Bear, this line will decide.

JeremyTee_ws

Breaking new high mainly lead by air freight and Marine shipper counter. In any sector, just pick 1 or 2 higher performance counter will do.

JeremyTee_ws

Forming a higher low above the support line. Who will be the most benefited from this industries?

JeremyTee_ws

Index fall off EMA10 and getting weaken. Now we need to monitor another support line at 730. Fall off then potential lower low is forming.

JeremyTee_ws

Forming another shoulder now. Even though continue high demand in this sector business, the high cost of operation and competitiveness are still the concerns of the market.

JeremyTee_ws

Still follow my projection line. Index 723 is the crucial support line.

JeremyTee_ws

As projected, now pulling back and 723 will be the support now.

MasSahamMuar

Transportation index already breakout, as long as the RBS does not break it will go much higher guys.. :) look for the transportation stock that has not been breakout yet like CJCEN and a few others.