The Stock Library
CMSB awaking from the sideline sleep
Edwin Toh
Publish date: Thu, 27 Sep 2012, 09:41 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..
CMSB was resting and hover on the support at 3.26 for 2 weeks and finally seeing some signs of bullish..
Indicators
1 ) Trendline - Sideline ( Bearish)
2) Support/Resistance - Formed Higher High and higher low (Bullish)
3) MACD - Formed 4R3G (Bullish)
4) RSI - Broke above 50% ( Bullish )
5) STO - Bullish Crossover and inclining toward 50% ( Bullish )
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)
Conclusion:
Bullish
1 ) Trendline - Sideline ( Bearish)
2) Support/Resistance - Formed Higher High and higher low (Bullish)
3) MACD - Formed 4R3G (Bullish)
4) RSI - Broke above 50% ( Bullish )
5) STO - Bullish Crossover and inclining toward 50% ( Bullish )
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)
Conclusion:
Bullish
E ( Entry) : 3.34 ( Ensure closed above this price)
S ( Stop Loss) : 3.24
P ( Profit) : 3.48
RRR (Risk to Reward Ratio) = 1.75 (Slightly Rewarding)
Resistance at 3.32/ 3.38/ 3.51
Support at 3.26 / 3.2/ 3.06 / 2.98
Support at 3.26 / 3.2/ 3.06 / 2.98
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
