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Red tone formed a higher low with a MACD 4R1G Signal

Edwin Toh
Publish date: Fri, 26 Oct 2012, 09:23 AM
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..
Well hope that everybody earn money on the previous buy call on October 2 ( Refer to previous post)


E ( Entry) : 0.345 
S ( Stop Loss) : 0.315         
P ( Profit) :0.375
RRR (Risk to Reward Ratio) = 1 (Average)




On Thursday 25 October , it has formed a MACD 4R1G after 2 white candle from the higher low. This will provided some good support at 0.36

Let check the Stock Analysis Chart on 25 October 2012


 

Indicators
1 ) Trendline -  above the Uptrend (Bullish)
 2)  Support/Resistance - formed Higher Low at 0.36 ( Bullish)
3) MACD -4R1G signal ( Bullish)
4) RSI - Trending up from 50%( Slightly Bullish
5) STO - If rebound from 20% and with a bullish crossover at 1~2 days after MACD 4R1G signal will provide more bullish confirmation
6) Ichimoku - a) Broke Above  support cloud (Bullish). 
                       b) Conversion line above the base line (Bullish). 
                       c) Price above the baseline ( Bullish)


Conclusion:
Bullish -


E ( Entry) : 0.395
S ( Stop Loss) : 0.35   
P ( Profit) :0.405
RRR (Risk to Reward Ratio) =0.37 (Risky)


E ( Entry) : 0.395
S ( Stop Loss) : 0.35   
P ( Profit) :0.425
RRR (Risk to Reward Ratio) = 0.75 (Slightly Risky)


E ( Entry) : 0.395
S ( Stop Loss) : 0.35   
P ( Profit) :0.44
RRR (Risk to Reward Ratio) = 1.12 (Average)
 
Next Resistance at  0.39/ 0.41 / 0.435 / 0.45/ 0.46
Support at 0.38 / 0.37 /0.36/ 0.35 

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1 person likes this. Showing 1 of 1 comments

alexisvics

The brother gpacket already moved, its redtone show next week.

2012-10-26 12:40

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