The Stock Library
SKPETRO Formed MACD 4R1G Signal
Edwin Toh
Publish date: Sat, 13 Oct 2012, 03:47 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..
SKPETRO is the merge company of Sapuracrest and Kencana and in the Oil and Gas Sector which are in play after tax cut after announce at budget recently
Let Check the stock Analysis Chart for October 12 2012
Indicators
1) Trendline - Broke above the down trendline (Bullish)
2) Support/Resistance - Formed higher low (Bullish)
3) MACD -4R1G (Bullish)
4) RSI - Inclining and test 70% (Bullish) .If breaks above 70% will indicate more bullish
5) STO - Bullish Crossover and broke above 80% (Bullish).
6) Ichimoku - a) Above support cloud (Bullish).
b) Conversion line above the base line (Bullish).
c) Price above the baseline ( Bullish)
7) Candlestick - Bullish Engulfing with a black candle. ( Bullish).
Conclusion:
Bullish -
Broke the Entry price and resistance at 2.42
Next Resistance at 2.48 / 2.51 / 2.57 / 2.66
Support at 2.42/ 2.37 / 2.3
Let Check the stock Analysis Chart for October 12 2012
Indicators
1) Trendline - Broke above the down trendline (Bullish)
2) Support/Resistance - Formed higher low (Bullish)
3) MACD -4R1G (Bullish)
4) RSI - Inclining and test 70% (Bullish) .If breaks above 70% will indicate more bullish
5) STO - Bullish Crossover and broke above 80% (Bullish).
6) Ichimoku - a) Above support cloud (Bullish).
b) Conversion line above the base line (Bullish).
c) Price above the baseline ( Bullish)
7) Candlestick - Bullish Engulfing with a black candle. ( Bullish).
Conclusion:
Bullish -
Broke the Entry price and resistance at 2.42
E ( Entry) :2.44 ( Closed at or above it)
S ( Stop Loss) : 2.42
P ( Profit) :2.47
RRR (Risk to Reward Ratio) = 1.5 (Average)
E ( Entry) :2.44 ( Closed at or above it)
S ( Stop Loss) : 2.42
P ( Profit) :2.51
RRR (Risk to Reward Ratio) = 3.5 (Rewarding)
E ( Entry) :2.44 ( Closed at or above it)
S ( Stop Loss) : 2.42
P ( Profit) :2.53
RRR (Risk to Reward Ratio) = 4.5 (Rewarding)
Support at 2.42/ 2.37 / 2.3
More articles on The Stock Library
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Apps
Top Articles
1
2
BFM Podcast
3
4
SKY IS THE LIMIT
6
BFM Podcast
7
BFM Podcast
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
No trading signals available.
Stock
Time
Signal
Duration
No trading signals available.
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
