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Perisai broke above the resistance with MACD 4R2G
Edwin Toh
Publish date: Thu, 01 Nov 2012, 07:43 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..
Miss out this counter yesterday. Today it went up breaking the resistance at 1.06 with MACD 4R2G signal..
Indicators
1) Trendline - Broke above the Uptrendline (Bullish)
2) Support/Resistance - Formed higher low (Bullish)
3) MACD -4R2G (Bullish)
4) RSI - Broke above 50% (Bullish) .If breaks above 70% will indicate more bullish
5) STO - Bullish Crossover and broke above 20%(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 -
1) Trendline - Broke above the Uptrendline (Bullish)
2) Support/Resistance - Formed higher low (Bullish)
3) MACD -4R2G (Bullish)
4) RSI - Broke above 50% (Bullish) .If breaks above 70% will indicate more bullish
5) STO - Bullish Crossover and broke above 20%(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 -
E ( Entry) :1.08 ( Closed at or above it)
S ( Stop Loss) : 1.04
P ( Profit) :1.11
RRR (Risk to Reward Ratio) = 0.75 (RISKY)
E ( Entry) :1.08 ( Closed at or above it)
S ( Stop Loss) : 1.04
P ( Profit) :1.13
RRR (Risk to Reward Ratio) = 1.25 (Average)
E ( Entry) :1.08 ( Closed at or above it)
S ( Stop Loss) : 1.04
P ( Profit) :1.18
RRR (Risk to Reward Ratio) = 2.5 (Rewarding)
Resistance 1.11/ 1.15 / 1.16/ 1.2 / 1.23 / 1.25
Support 1.06 / 1.02 / 0.995 / 0.97 / 0.93
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