COAL OCT 5 2014

What we have here is COAL Asia Holdings. Current trend of the issue is downtrend. Should there be a continuation of the prevailing trend, there's a safe assumption that prices might go below the 1 peso mark. Should the 1 peso major psychological support be breached, the initial price target should be at 0.9152 or at 0.92 cents. The target price is a wild guess based on the assumption that the prior Strong up run on April 29 2014 will be retraced by atleast 50%. Open, High, Low and Close for that day are the following 0.79, 1.04, 0.79, and 1.03. That day is a strong white candle day. 50% of the range of the white candle is 24 cents divided by 2 which is 12 cents, adding that to the low or open of the day. is 0.91. 0.9152 if you'll consider the high instead of the close. This issue is still highly speculative. It still has to report on the quality and quantity of its proven reserves of coal. For short term players support is pegged at 1.13. Resistance is seen at 1.37. Resistance is designated with a window! Japanese term for the Western term of gap.