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Amedia breakout after bollinger squeeze

Edwin Toh
Publish date: Wed, 21 Nov 2012, 08:02 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..
After staying dormant for a few weeks, lastly investor / traders started to have interest of this counter and started to accumulate this stock rapidly after 3.30pm today..






Indicators
1) Trendline - Side way trend between 0.465 and 0.315
2)  Support/Resistance - Formed lower high (Bearish)
3) MACD - Formed 4R1G signal.. (Bullish)
4) RSI -Stagnant at the  55% to 65 %.. If break above 70% will indicate bullish and retrace toward 50% will indicate bearish 
5) STO - Bullish Crossover  (Slightly BullishIf break above 50% will indicate bullish and retrace toward 50% will indicate bearish 
6) Ichimoku -  a) Price below support cloud (Bearish).
                          b) Conversion line meeting with each other the base line 
                          c) Price above the baseline ( Bullish)
7) Chart Pattern - Bollinger band squeeze breakout.
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Conclusion:
SLightly Bullish after MACD 4R1G.. Waiting for another white candle to confirmation the bullish reversal..- 

BUY CALL ON NOV 17..

Risky Breakout but big gain 
E ( Entry) : 0.4  Met Entry Price
S ( Stop Loss) : 0.36      
P ( Profit) :  0.455
RRR (Risk to Reward Ratio) = 1.37 (Average)

E ( Entry) : 0.40.4  Met Entry Price
S ( Stop Loss) : 0.36      
P ( Profit) :  0.5
RRR (Risk to Reward Ratio) = 2.5 (Slightly Rewarding )

E ( Entry) : 0.4 0.4  Met Entry Price
S ( Stop Loss) : 0.36      
P ( Profit) :  0.61
RRR (Risk to Reward Ratio) = 5.25  (Rewarding )





Slow and Steady Buy Call

E ( Entry) : 0.47 ( Ensure closed above this price)
S ( Stop Loss) : 0.40     
P ( Profit) :  0.59
RRR (Risk to Reward Ratio) = 1.71 (Slightly Rewarding)

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