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Eu Yan Sang in Possible Triangle

Posted on the 04 July 2013 by Technicalanalysistalk

Evening traders,

I have a short post for today. This is Eu Yan Sang, E02.SI. Year-to-date, Eu Yan Sang’s share performance is noteworthy – having risen about 25%. In recent months, however, Eu Yang Sang has been consolidating in what looks like a possible symmetrical triangle. It is not the best of small triangle because of candlestick wicks sticking out, but the general psychology of a consolidation after a big move is there. I will keep a close eye on Eu Yan Sang in the next few days.

Eu

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