In Retrospect : ASIA, COL, APC, UPM

ASIA

ASIA went up for another day before the sell down. The possibility of a flag or pennant formation fizzled out .

COL

COL seem to have successfully broken the pennant formation and has reached the target price at 7.5.

APC

APC retested support and seems to be on a sideward movement for the moment. Might have established support at 0.41. If price moves below 0.41, sell.

UPM

The possible symmetrical triangle was invalidated as price went to as low as 0.68. Price formation transformed to either a downward channel or a slender symmetrical triangle.