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Pantech formed higher low

Edwin Toh
Publish date: Thu, 22 Nov 2012, 08:52 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 a good quarter result with inclining price of it stock.. This is a counter to keep and invest..




Indicators
1) Trendline - Uptrend (Bullish)
2)  Support/Resistance - Formed higher low  (Bullish)
3) MACD - Bullish Crossover . (Bullish)
4) RSI -Inclining towards 70%  (Slightly Bullish)
5) STO - Inclining towards 80% (Slightly Bullish
6) Ichimoku -  a) Price below above cloud (Bullish).
                          b) Conversion line above the base line (Bullish).
                          c) Price above the baseline ( Bullish)
7) Chart Pattern - Bullish Flag breakout but without high volume.. (Slightly Bullish
Nuffnang Ads


Conclusion:
SLightly Bullish after bullish flag breakout but the lack of volume does not satisfy the pattern much but anyhow it formed a higher low ..


E ( Entry) : 0.715 (Closed at or above it) 
S ( Stop Loss) : 0.69     
P ( Profit) :  0.745
RRR (Risk to Reward Ratio) = 1.37 (Average)

E ( Entry) : 0.715 (Closed at or above it) 
S ( Stop Loss) : 0.69     
P ( Profit) :  0.755
RRR (Risk to Reward Ratio) = 2.5 (Slightly Rewarding )


Resistance at 0.715 / 0.74 / 0.745 / 0.76  / 0.785
SUpport at 0.7/ 0.69 / 0.68 /0.65





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Discussions
Be the first to like this. Showing 3 of 3 comments

skyland

good FA counter with high dividen...worth to keep

2012-11-22 21:24

kcfan

Good measuring the strength of the High-Low pattern on Pantech.Foresee continue it uptrend.

2012-11-22 21:49

hamPAS

Should hold till she reaches RM1 - may be by dec 2012?

2012-11-23 07:54

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