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
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