Hong Leong Asia - Bearish Continuation Wedge

A "Continuation Wedge (Bearish)" chart pattern formed on Hong Leong Asia Ltd (H22:SGX-ST). This bearish signal indicates that the stock price may fall from the close of 0.51 to the range of 0.45 - 0.47.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.