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KUCHAI Formed Higher Low with MACD 4R2G

Edwin Toh
Publish date: Sat, 03 Nov 2012, 10:50 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..
Kuchai looks like on the rise after with higher low with MACD 4R2G signal..

Lets analyze the stock chart for Kuchai on 2nd November 2012




Indicators
1) Trendline - Broke above the Sideline(Bullish)
2) Support/Resistance - Formed higher low (Bullish)
3) MACD -4R2G(Bullish) . 
4) RSI - Testing 50% after rebounding from 30%(Bullish)  If break above 50% will indicate more bullish
5) STO - Bullish Crossover (Bullish). If break above 20% will indicate more bullish
6) Ichimoku -   a) Above support cloud (Bullish).
                       b) Conversion line below the base line .( Bearish
                       c) Price below the baseline ( Bearish)

Conclusion:
Bullish -
E ( Entry) :1.03( Closed at or above it)
S ( Stop Loss) : 1.01
P ( Profit) :1.05
RRR (Risk to Reward Ratio) =1 (Average)

E ( Entry) :1.03( Closed at or above it)
S ( Stop Loss) : 1.01
P ( Profit) :1.07
RRR (Risk to Reward Ratio) =2 (Rewarding)


Resistance at 1.02 / 1.06 / 1.08  
Support   at 1.00 / 0.97 / 0.95 









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