Johotin reaches the higher at 2.22 and many investor took profit and retracing to the uptrend line again.. Possible to pick up for another bull run..


Let Check on the Johotin Chart which was closed on Sept 24 2012.
 

 

ndicators
1 ) Trendline - Broke above  Uptrendline ( Bullish)
2)  Support/Resistance - Formed higher low and Higher High (Bullish)
3) MACD - Formed bearish crossover (Bearish)  . If 4R1G occur potential bullish reversal
4) RSI - Retracing toward 50% ( Bearish)
5) STO - Bearish Crossover and retracing toward 50% ( Bearish)
 6) Ichimoku -  a) Price above support cloud (Bullish).
                          b) Conversion line above the base line (Bullish).
                          c) Price above the baseline ( Bullish)
7) Candlestick Pattern : Formed bullish engulfing above a hammer ( Bullish)

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