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HWGB Formed MACD BULLISH CROSSOVER

Edwin Toh
Publish date: Fri, 21 Sep 2012, 11:11 PM
Edwin Toh
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Talk about everything all under one roof which help us profit big money!! This blog have Technical Analyze Chart on Selected Stock and Forum for Daily Buy and Sell Call.


Disclaimer
All observation, buy call and sell call based on my own personal view are just for informational purpose and for my personal references to remind my self what i have analyze before and now for self improvement. Buy at your own risk and do not follow my view as i am only a novice analyzer with 60% success only..

nvestor who have went into this counter i would like to wish you all congratulations and hope you all will profit a lot from the bull today.

Let check the HWGB Stock Analysis CHart on 21 September 2012


 

 
 
 
 
Indicators

1 ) Trendline - Broke above the downtrendline (Bullish)
 2)  Support/Resistance - formed Lower Low  ( Bearish)
3) MACD - Bullish Crossover (Bullish)
4) RSI - Broke above 50%( Bullish)  -

5) STO - Bullish Crossover and broke above 50%  (Bullish)

6) Ichimoku - a) Below  support cloud (Bearish).
                       b) Conversion line below the base line (Bearish).
                       c) Price above the baseline ( Bullish)
7) Volume Distribution - Strong Buying Pressure ( Bullish)




Conclusion:
Bullish
 



E ( Entry) : 0.33 

S ( Stop Loss) : 0.3         
P ( Profit) :0.375
RRR (Risk to Reward Ratio) = 1.6 (Slightly Rewarding)
 

Next Resistance at / 0.38 / 0.395
 Support at  0.32 / 0.335 / 0.355 /0.305 /0.285 / 0.25

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