The Stock Library
Dow Jones Chart Analysis 30 November 2012
Edwin Toh
Publish date: Sun, 02 Dec 2012, 12:30 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..
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..
Dow Jones still in the downtrend zone and rebounded on the 12531 support to formed a lower low and it looks like it is about to complete its rebound cycle and formed lower high after forming a doji star after a white candle.
Indicators
Indicators
1) Trendline - below the downtrend line .. ( Bearish )
2) Support/Resistance - Formed lower low ( Bearish )
2) Support/Resistance - Formed lower low ( Bearish )
3) MACD - Positive ( Bullish )
4) RSI - Stagnant at 61%.... Temporary waiting for a bigger reaction of the price to know whether bullish or bearish.
4) RSI - Stagnant at 61%.... Temporary waiting for a bigger reaction of the price to know whether bullish or bearish.
5) STO - Bullish crossover and broke over 80% (Bullish ) .
6) Ichimoku - a) Price coming entering from the support cloud (Bearish).
6) Ichimoku - a) Price coming entering from the support cloud (Bearish).
b) Conversion line below the base line (Bearish).
c) Price close below the baseline ( Bearish) .
7) Candlestick pattern - Doji Star after a white candle ( Bearish) .
c) Price close below the baseline ( Bearish) .
7) Candlestick pattern - Doji Star after a white candle ( Bearish) .
Conclusion:
Bearish
With the fiscal cliff fear , weak europe and Slowdown in China is causing a weaker market sentiment to uphold the index..
With the fiscal cliff fear , weak europe and Slowdown in China is causing a weaker market sentiment to uphold the index..
Resistance- 13057 / 13134 / 13335 / 13583
Support - 12964 / 12794 / 12716 / 12531 / 12314 / 12237 / 11757 / 11649
More articles on The Stock Library
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
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
Apps
Top Articles
1
2
3
Good Articles to Share
What’s behind the slew of restaurant bankruptcies in 2024? Experts unpack the problems
4
Good Articles to Share
5
Good Articles to Share
Four convicted in Spain over homophobic murder that sparked nationwode protests
6
Good Articles to Share
7
Good Articles to Share
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
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....
