马 到 功 成.
Success is when the horses come. Success goes only to those who dare and act, it seldom goes to the timid.
The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.
Friday, June 07, 2013
MHB Dead Cat Bounce?
The above chart of MHB (last trade at 3.41) looks dangerous. It is in the formation of a Dead Cat Bounce or a Bull Trap. The last two red candles portend further downtrend ahead. Be careful if you are playing this counter. It can go much lower. This is my prediction. Whatever you do, you do so at your own risk.