Re: What to Analyse

[bullstreet]

one of expert said, big FDI will not come until without USD stable. he expect USD will settle around 160+
then FDI will come.

[smallvilleTop contributor]

Good one dude..

I already said I'm positive on CSE but then CSE crashed below 6000
But its rather force effect or manipulative effort to me. If you look at some counters, all of a sudden som idiot sells low and panic sales happened thereafter. Even for REEF < 7 and some other hot counters at dirt cheap would never had happened.

And yes.. media is acting on some agenda.. They want to put the Govt in difficult situation. Other than that economy is in recovery path is what my small mind says too.. There's much revenue expected from VAT increase and adhoc tax hikes, lets hope ministers wont use de money for their luxury.

[pathfinderTop contributor]

ASI sliding to extreme correction zone I mentioned here
https://forum.lankaninvestor.com/t11252p75-cse-l-where-are-we-heading

Recovery of ASI is nearby,don't sell good shares cheap.Actually this is the time for brave hearts to collect for longterm.Short term people will follow.

[karuna2]

Thank u path.
Last few days collected adequate block of LOFC

[pathfinderTop contributor]

Good day, as expected ASI got a support at extreme correction level. Tomorrow will be another good day.
Hope ASI to have a mini bull run, reach 6000 during next 45 days and to have a correction wave to 5800.
Happy trading guys  

[sereneTop contributor]

Good day, as expected ASI got a support at extreme correction level. Tomorrow will be another good day.
Hope ASI to have a mini bull run, reach 6000 during next 45 days and to have a correction wave to 5800.
Happy trading guys  

Thanks Path.
Hope your wish come true.

[nihal123Top contributor]

Thank you Path

[dhanurrox]

Great job path.Hope you will be active here with more predictions in coming weeks and months

[BackstageTop contributor]

Path, did you find a way to post charts ?

[pathfinderTop contributor]

Path, did you find a way to post charts ?

Hi Backs!
Still I'm unable to post charts as I did earlier,find a way to present it as attachment.

[sereneTop contributor]

YK might be able to help Path on this regard.

[yellow knifeTop contributor]

what i do is just cut and paste.. or copy paste from excel charts.

SWITCH TO EDITORS MODE of above icon list some times activate or deactivate it...

[BackstageTop contributor]

Admin should help out here. Thanks

[pathfinderTop contributor]

Thanks YK and Backs,Find a way by my own 

ASI became green at the upper band of the support zone which is 5500,I expected a big red candle before turnaround.
Friday there was a good battle between Bulls and Bears, finally ASI recovered from initial red.Last candle of weekly chart is a doji,that might be the point of turnaround.Anyway ASI recovery is not far away.

[lanka]

Thanks, Path

[BackstageTop contributor]

It will be interesting to see how the banking sector behaves during a market recovery. will it shrug off the current hiccup and rise with the tide ?

[LeonTop contributor]

It will be interesting to see how the banking sector behaves during a market recovery. will it shrug off the current hiccup and rise with the tide ?

And possible re-entry of EPF will make it more interesting. Coz, they have a great exposure to BFI sector.

[yellow knifeTop contributor]

@ Pathfinder

Extremely happy to see you with Charts... Now we have a set of TAs to advice us.

[BackstageTop contributor]

Now Le' Black Swan has graced twice in quick succession. How does that show up on Tech charts ?
Curious.

[BackstageTop contributor]

Looks like the techies and the funda's are still in their bunkers !

[ruwan326]

Looks like the techies and the funda's are still in their bunkers !

Both are useless under terrorist attacks
Need different strategy

[BackstageTop contributor]

I still like to see some charts........

[sereneTop contributor]

I still like to see some charts........

Backs Do away with the charts at least the our members to say just hi..

[Ethical TraderTop contributor]

This is some what similar to belief in astrology.

I still like to see some charts........

[pathfinderTop contributor]

Looks like the techies and the funda's are still in their bunkers !

Hay Back,Both Funda and Tech are helpless with terror attacks.
Hope of a recovery is destroyed by Islamic terrorism.

Falling below 5400 was not a healthy sign at all.We saw some support at 5200 with the entry of EPF.Still ASI is struggling to get a good turnaround.Hope the rate cut announced at the end of May will boost the economy and the CSE.

Before the whole CSE (ASI) rises, there are some shares showing good technical turnarounds.

I would like to draw your attention to CFVF,CSEC for medium term traders,and APLA for position traders.