SIELCORP

SIELCORP Updated 

As a trader, you should be trading this downtrend. Place buy orders at the 12700 mark and set stops at 0.618 fib level. Make sure to sell (go short) if it breaks the 0.618 fib level as you will most likely see a retracement to the 10938 (0.78 fib) to 10,000 support. I am still long on BTC long term but we can abuse this downtrend for profit.

SIELCORP Updated 

We need to pay attention to the 330 entry level. There was a new trend after the sell off between 12/12 -> 12/15. The trend has been stable but if there is a break in support in the 0.236 fib level ($330~) we may see a retractment to the 300 support line. Being a swing trade we have to realise that 300 is a very strong support line and will most likely just result...

SIELCORP Updated 

The 17,200 support level is key and long trades should be entered above the 17,320 (0 fib) levels. There is strong resistance around 19,000 so we should be expecting a pullback and setting our profit target to 20,000, selling a majority of our holdings as it is a major resistance point. If 17,200 support fails we should look for entries on 16,000 based on whether...