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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kcfan
Woooo...Predict good.
2012-10-01 23:33