Eratat Lifestyle

Found this article
www.investment-in-stocks.com/case-study-...t-lifestyle-limited/

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fundamentalist, thanks for the sharing the link...

Saw this really beautiful bearish chart set up somewhere else
Just before the release of results!



So exciting! Will it break past resistance? Or will it get resisted by the resistance line?

ist channel deline is abt 10deg, 2nd channel decline abt 45deg.

what is the 3rd one, any guess?

Generally, I wouldn’t be too excited about S-Chip quarterly results as they are not audited. The financial year end audited results is more imported, even then they are not 100% as it depends on the quality of the auditors.

As for using charts to predict S-Chips, can’t understand why investors do this when even predicting Blue Chips is tough. Similarly, just using financial analysis to assess/buy S-Chips can lead to a painful trap. Unfortunately, many smart/educated but inexperienced investors fall into this trap. If just using FA will succeed, then most can quit their day jobs. ( One in five working adults has tertiary qualifications and would have no problems understanding financial statements )

relaxing

agreed with most of the write-up h/e what is your advice/criteria on the selection of S-chip if any kindly share ?

Thanks