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Scomi broke away from the Bullish Pennant

Edwin Toh
Publish date: Mon, 01 Oct 2012, 09:40 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..

Last Friday, Scomi breakout from the bullish pennant and went up and today it ended with a doji star..

Let check the Chart Analysis Stock on 1st October 2012





Indicators
1 ) Trendline - Above the bullish trendline (Bullish)
 2)  Support/Resistance - formed higher high and higher low (Bullish)
3) MACD - Upwards (Bullish)
4) RSI - Retrace below 70% (Bearish)


5) STO - Formed Bullish crossover (Slightly Bullish). 
6) Ichimoku - a) Above  support cloud (Bullish). 
                       b) Conversion line above  the base line (Bullish). 
                       c) Price above the baseline ( Bullish)
7) Candlestick - Formed a Gravestone Doji ( Bearish
8) Chart Pattern - Breakout from Bullish Pennant.. Target at 0.55

 

 

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1 person likes this. Showing 3 of 3 comments

kcfan

Woooo...Predict good.

2012-10-01 23:33

KC Loh

i always though kcfan is FA :)

2012-10-01 23:56

transformer123

Heading north be happening this week...
Target R!0.50

2012-10-02 00:11

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