The Stock Library
COCOLND Forming Bullish Pennant
Edwin Toh
Publish date: Mon, 24 Sep 2012, 08:18 PM
Edwin Toh
0 184
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..
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..
After Cocolnd has went up more than 15% and it starts to consolidated with lower volume due to profit taking. In progress it created a pennant.
Indicators
1 ) Trendline - Uptrend (Bullish) .
2) Support/Resistance - Formed Higher High (Bullish)
3) MACD - Formed 4G1R(Bearish)
4) RSI - Retracing towards 70% (Slightly Bearish)
5) STO - Bearish Crossover and retracing towards 80% and Bearish Crossover (Slightly Bearish)
Read the results at here..
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