The Stock Library
Alam broke above the 0.695 Resistance
Edwin Toh
Publish date: Fri, 07 Dec 2012, 08:48 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..
Those who have followed the buy call on 13 November which the entry price at 0.68 and it went down to 0.645 and then rebound back to 0.7
Indicators
Indicators
1 ) Trendline - Sideway trending between 0.645 and 0.715. If break above 0.715 will indicate uptrend
2) Support/Resistance - Formed lower low ( Bearish )
2) Support/Resistance - Formed lower low ( Bearish )
3) MACD -Awaiting for bullish crossover. If bullish crossover will indicate bullish
4) RSI - Broke above 50% (Bullish) ,
4) RSI - Broke above 50% (Bullish) ,
5) STO - bullish crossover and broke above 50% (Bullish)
6) Ichimoku - a) Price above the support cloud (Bullish).
6) Ichimoku - a) Price above the support cloud (Bullish).
b) Conversion line below the base line (Bearish).
c) Price close above the baseline ( Bullish) .
c) Price close above the baseline ( Bullish) .
Conclusion:
Bullish
Testing the 0.715 and if break above it will indicate it is uptrend again and we can aim higher.
After breaking 0.715 the momentum will be stronger with high volume.
Since 9 November
E ( Entry) :0.68 (Meet entry price closed a 0.685)
S ( Stop Loss) : 0.64
P ( Profit) :0.73 ----> Try to sell 50% here and then try for 0.77... if it goes up and goes down below 0.73 then sell it there..
RRR (Risk to Reward Ratio) = 1.25 (Average)
E ( Entry) :0.68((Meet entry price closed a 0.685)
S ( Stop Loss) : 0.64
P ( Profit) :0.77
RRR (Risk to Reward Ratio) = 2.25 (Slightly Rewarding)
Resistance at 0.715 / 0.735 / 0.78 / 0.79 / 0.815
Support at 0.695 /0.67 / 0.645 / 0.59Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
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