The Stock Library
DRBHICOM breaking above the support cloud
Edwin Toh
Publish date: Mon, 19 Nov 2012, 08:10 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 MACD 4R1G, DRBHICOM begin to rebound and ended up 3.3% .
Indicators
1 ) Trendline - Broke above the down trendline (Bullish )
2) Support/Resistance -Formed higher low (Bullish )
3) MACD - Formed 4R3G and bullish crossover (Bullish )
4) RSI - Moving sideways.. If break above 70% will indicate more bullish
5) STO -Bullish Crossover and rebound from 20% (Bullish ) .
6) Ichimoku - a) Breaking above support cloud (Slightly Bullish ). If break above 2.52 will indicate more bullish
b) Conversion line below the base line (Bearish).
c) Price above the baseline ( Bullish )
Indicators
1 ) Trendline - Broke above the down trendline (Bullish )
2) Support/Resistance -Formed higher low (Bullish )
3) MACD - Formed 4R3G and bullish crossover (Bullish )
4) RSI - Moving sideways.. If break above 70% will indicate more bullish
5) STO -Bullish Crossover and rebound from 20% (Bullish ) .
6) Ichimoku - a) Breaking above support cloud (Slightly Bullish ). If break above 2.52 will indicate more bullish
b) Conversion line below the base line (Bearish).
c) Price above the baseline ( Bullish )
Conclusion:
Bullish -
Entry Price at 2.53
Stop Loss at 2.48
Take Profit at 2.58
Risk to Reward Ration ( RRR) =1 (Average)
Entry Price at 2.53
Stop Loss at 2.48
Take Profit at 2.63
Risk to Reward Ration ( RRR) =2 (Slightly Rewarding )
Resistance - 2.52 / 2.6 / 2.66 / 2.72
Bullish -
Entry Price at 2.53
Stop Loss at 2.48
Take Profit at 2.58
Risk to Reward Ration ( RRR) =1 (Average)
Entry Price at 2.53
Stop Loss at 2.48
Take Profit at 2.63
Risk to Reward Ration ( RRR) =2 (Slightly Rewarding )
Resistance - 2.52 / 2.6 / 2.66 / 2.72
Support - 2.5 / 2.39 / 2.35
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on The Stock Library
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-11-25 16:35:00
TURTLE SYSTEM 20
5 Mins
BUY
2024-11-25 16:35:00
TURTLE SYSTEM 55
5 Mins
BUY
2024-11-25 16:30:00
EMA 5
30 Mins
BUY
2024-11-25 16:30:00
TURTLE SYSTEM 20
30 Mins
BUY
2024-11-25 16:30:00
VOLUME BREAKOUT
10 Mins
BUY
Apps
Top Articles
1
2
3
TA Sector Research
4
Good Articles to Share
What’s behind the slew of restaurant bankruptcies in 2024? Experts unpack the problems
5
M+ Online Research Articles
6
Good Articles to Share
7
MQ Market Updates
8
Good Articles to Share
Four convicted in Spain over homophobic murder that sparked nationwode protests
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
