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SYF Broke the 0.745 resistance

Edwin Toh
Publish date: Wed, 17 Oct 2012, 08:42 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..
Remember the Previous Buy Call for 9 October


E ( Entry) : 0.755 ( Closed at or above it)
S ( Stop Loss) : 0.67           
P ( Profit) :0.82
RRR (Risk to Reward Ratio) = 1 (Average)



Indicators
1) Trendline - Broke above the down trendline (Bullish)
2) Support/Resistance - Formed higher low (Bullish)
3) MACD -If bullish crossover will indicate strong bullish 
4) RSI - Broke above 50% (Bullish
5) STO - Bullish Crossover and broke above 50% (Bullish).
6) Ichimoku - a) Above  support cloud (Bullish). 
                       b) Conversion line meeting the base line 
                       c) Price above the baseline ( Bullish)
7) Candlestick -White Candle after many dojis... Bullish). 
Next Resistance at 0.83 / 0.877
Support at    0.75 / 0.68 / 0.635 / 0.615 / 0.59 / 0.53

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