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KULIM formed Bullish Engulfing

Edwin Toh
Publish date: Thu, 04 Oct 2012, 08:48 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..


Indicators
1 ) Trendline -  Broke back above the uptrendline the (Bullish )
 2)  Support/Resistance - Formed higher Low  (Bullish )
3) MACD - Positive Region and Bull signal above the bearish signal (Bullish )
4) RSI - Rebound from 50% and inclining (Bullish )  .If break the 70% it will indicate more bullish
5) STO - Broke below 80% and formed bearish crossover (Bearish)  .If break the 80% and bearish mode will be erased 
6) Ichimoku - a) Below resistance cloud (Bearish). 
                       b) Conversion line below the base line (Bearish). 
                       c) Price above the baseline ( Bullish)
7) Candlestick BUllish EngulfingBullish). 

Conclusion:
Bullish - If remain above the uptrend line

Entry Price at 5.05
Stop Loss at 4.7
Take Profit at 5.37
Risk to Reward Ration ( RRR) = 0.94 (Slightly Below Average)
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