The Stock Library
ASUPREM Formed MACD 4R1G Bullish Reversal
Edwin Toh
Publish date: Mon, 01 Oct 2012, 07:22 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..
Today ASUPREM formed a very nice hammer on the bollinger band support with a MACD 4R1G..
Let check on the Stock Analysis Chart for October 01 2012
Indicators
1 ) Trendline - Below the bullish trendline (Bearish)
2) Support/Resistance - formed Lower low and lower high (Bearish)
3) MACD - 4R1G Signal (Bullish)
4) RSI - Hovering towards 50% (Slightly Bullish)
b) Conversion line below the base line (Bearish).
c) Price below the baseline ( Bearish)
7) Candlestick - Formed a support hammer on the bollinger band support ( Bullish)
Conclusion:
Slightly Bearish -
Counter Attack trend
Next Resistance at 0.275 / 0.3 / 0.31 / 0.35
Support at 0.25 / 0.24 / 0.21 / 0.19
Let check on the Stock Analysis Chart for October 01 2012
Indicators
1 ) Trendline - Below the bullish trendline (Bearish)
2) Support/Resistance - formed Lower low and lower high (Bearish)
3) MACD - 4R1G Signal (Bullish)
4) RSI - Hovering towards 50% (Slightly Bullish)
5) STO - Formed Bullish crossover (Slightly Bullish). If broke above the 20% will indicate more bullish
6) Ichimoku - a) below support cloud (Bearish). b) Conversion line below the base line (Bearish).
c) Price below the baseline ( Bearish)
7) Candlestick - Formed a support hammer on the bollinger band support ( Bullish)
Conclusion:
Slightly Bearish -
Counter Attack trend
E ( Entry) : 0.28 ( Ensure closed above it)
S ( Stop Loss) : 0.245
P ( Profit) :0.31
RRR (Risk to Reward Ratio) = 0.86 ( Slightly Risky)
E ( Entry) : 0.28 ( Ensure closed above it)
S ( Stop Loss) : 0.245
P ( Profit) :0.335
RRR (Risk to Reward Ratio) =1.57 (Slightly Rewarding)
Support at 0.25 / 0.24 / 0.21 / 0.19
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