The Stock Library
Is Amedia Bottoming Out
Edwin Toh
Publish date: Sun, 21 Oct 2012, 12:24 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..
After the big drop from 1.15 to 0.32, it has been in sideline line between 0.32 and 0.38 for 1 week. Does it indicates anything that the bottoming has been completed?
4) RSI - Sideline under 30% . If break above 30% will indicate Bullish
5) STO - Sideline under 20% . If break above 30% will indicate Bullish
6) Ichimoku - a) Price below support cloud (Bearish).
b) Conversion line below the base line (Bearish).
c) Price below the baseline ( Bearish)
Conclusion:
Bearish
E ( Entry) : 0.39 ( Ensure closed above this price)
ndicators
1 ) Trendline - below Downtrend ( Bearish)
2) Support/Resistance - Formed lower low (Bearish)
3) MACD - (Bearish) . If 4R5G. with this bottoming effect there is might be 2 possiblities
1 ) Trendline - below Downtrend ( Bearish)
2) Support/Resistance - Formed lower low (Bearish)
3) MACD - (Bearish) . If 4R5G. with this bottoming effect there is might be 2 possiblities
a) 4G1R - Another Bearish Run and break below 0.32 - Bearish
b) Bullish Crossover and break above 0.38 Bullish
4) RSI - Sideline under 30% . If break above 30% will indicate Bullish
5) STO - Sideline under 20% . If break above 30% will indicate Bullish
6) Ichimoku - a) Price below support cloud (Bearish).
b) Conversion line below the base line (Bearish).
c) Price below the baseline ( Bearish)
Conclusion:
Bearish
E ( Entry) : 0.39 ( Ensure closed above this price)
S ( Stop Loss) : 0.32
P ( Profit) : 0.43
RRR (Risk to Reward Ratio) = 0.57(RISKY)
E ( Entry) : 0.39 ( Ensure closed above this price)
S ( Stop Loss) : 0.32
P ( Profit) : 0.50
RRR (Risk to Reward Ratio) = 1.57 (Slightly Rewarding)
Resistance at 0.385 /0.445 / 0.52
Support at 0.32 / 0.3
Support at 0.32 / 0.3
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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....
gkheng
MACD Bullish Crossover? from math perspective, i think it meant the loss is not so drastic; does not mean it's bullish
2012-10-22 00:24