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WIll Digista make a big UTURN back to profit?

Edwin Toh
Publish date: Sun, 16 Dec 2012, 10:09 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..
Digista has been in a downtrend since Feb 2012 and recently we are seeing sign of reversal at 0.27



Indicators
1 ) Trendline - Downtrend  ( Bearish)
2)  Support/Resistance - Formed lower  low ( Bearish
3) MACD - 4R5G .(Bullish) and waiting for bullish crossover
4) RSI - IF break above 30% will indicate stronger bullish sentiment
5) STO -Bullish  Crossover ( .Bullish) and if break above 50% will indicate stronger bullish sentiment
6) Ichimoku -  a) Price below   the support cloud Bearish)
                       b) Conversion line  below the base line  Bearish)
                       c) Price close below the baseline  Bearish)






Conclusion:
Bearish but if RSI and STO show some life of bull signal there are some potential of this sleeping dragon..

E ( Entry) 0.32 ( Closed at or above it)  -
S ( Stop Loss) :0.3
P ( Profit) : 0.35
RRR (Risk to Reward Ratio) = 1.5 (Slightly Rewarding)

E ( Entry) 0.32 ( Closed at or above it)  -
S ( Stop Loss) :0.3
P ( Profit) : 0.37
RRR (Risk to Reward Ratio) = 2.5 (Slightly Rewarding)


Resistance  0.315 / 0.34 / 0.36 /0.38
Support -    0.27 / 0.25









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