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GPACKET Formed a higher low at 0.57

Edwin Toh
Publish date: Tue, 13 Nov 2012, 01:30 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..
Previous failed reach our entry price but managed to formed a higher low at 0.57 support with a white candle and followed with a spinning top. ( Indecisive whether to go up or go down).




ndicators
1) Trendline -  above the Uptrend (Bullish)
2)  Support/Resistance - formed higher high ( Bullish)
3) MACD - Bearish Crossover  (Bearish)  Waiting for 4R1G signal
4) RSI -  Broke above 50% (Bullish
5) STO - Broke below 20%(Bearish) . Waiting for break above 20%
6) Ichimoku - a) Broke Above  support cloud (Bullish). 
                       b) Conversion line above the base line (Bullish). 
                       c) Price above the baseline ( Bullish)
7) Candle stick - a white candle and followed with a spinning top. ( Indecisive whether to go up or go down).
8) Company Performance  - Earning Negative but improving
Stock Performance Chart for Green Packet Berhad
 


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Conclusion:
Bullish -


E ( Entry) : 0.61 ( Ensure closed above this price)
S ( Stop Loss) : 0.56        
P ( Profit) :  0.67
RRR (Risk to Reward Ratio) = 1.2 (Slightly Rewarding)

E ( Entry) : 0.61 ( Ensure closed above this price)
S ( Stop Loss) : 0.57        
P ( Profit) :  0.69
RRR (Risk to Reward Ratio) = 1.6 (Slightly Rewarding)

E ( Entry) : 0.61 ( Ensure closed above this price)
S ( Stop Loss) : 0.57        
P ( Profit) :  0.725
RRR (Risk to Reward Ratio) = 2.3 (Rewarding)

Resistance at  0.605 / 0.635 /0.66 / 0.68 / 0.7 / 0.72 / 0.735 / 0.755 / 0.78 / 0.815 ( Target bullish Pennant Breakout)

Support   at  0.57 / 0.5

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