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ASUPREM Testing the 0.35 new support.. Will it rebound for a second bullish run?

Edwin Toh
Publish date: Sat, 22 Sep 2012, 02:00 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..

ASUPREM surge up after break the resistance at 0.35 but retrace back to the support after the bad economic data from China on Thursday.. It is possible to pick up more units for the second bull run..

 



Let check on  ASUPREM stock analysis chart on 21 September 2012




 



Indicators
1 ) Trendline - Above the bullish trendline (Bullish)
 2)  Support/Resistance - formed Lower High  (Bearish)
3) MACD -The Bullish Signal Meeting with the Bearish Signal. If Bullish Crossover will confirm the second bullish round
4) RSI - Hovering below 50% and if break above it will confirm the second bullish round

5) STO - Broke above 50% (Bullish)
 
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