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
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) -
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
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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