The market is weaker than I initially thought, and checking on these 3 weak counters again, I realise they are resuming their downtrend and should retest their Oct lows pretty soon. Parkway the most likely to be the first to breach its low. So, stand by.
Levels to look out for :
NOL: 0.94
Parkway: 1.25
SPC:1.77
Chart pattern: all 3 exhibit the 1-2-3 down, testing multi-year lows
LT: Down
ST: Down
ROC: Parkway and NOL < 0
Vol. EMA: Price have been rising on below average vol.
I will be waiting, especially for Parkway.
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