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FGV possible to enter FBMKLCI 30

Edwin Toh
Publish date: Sun, 23 Dec 2012, 06:54 PM
Edwin Toh
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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..
Rumours about FGV will be entering into FBMKLCI 30 which is around the corner is there. On 21 December, saw broke above the resistance at 4.66 with high volume.



Indicators
1 ) Trendline - Broke above the sideway trend between 4.66 and 4.5. ( Bullish)
2)  Support/Resistance - formed higher low ( Bullish
3) MACD -Postive ( Bullish) .
4) RSI - Broke above 70%  (Bullish) ,
5) STO -Broke above 80 ( .Bullish)
6) Ichimoku -  a) Price starting to penetrate resistance cloud Bullish)
                       b) Conversion line  above the base line  Bullish)
                       c) Price close above the baseline  Bullish)





Conclusion:
Bullish
WIll resume super bullish if able to break above the resistance cloud at 4.78


Resistance 4.71 / 4.78 / 4.87 / 4.98 / 5.14
Support -  4.66 / 4.57 / 4.5
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