Wow suddenly a big miracle then Air Asia manage to get it engine working last minute before crash landing and flying up again..
Observation
1) Trend line - Broke Above the down trend line and close at 2.83 ( Starting of a nice bull run)
2) HH - Manage to rebound at the previous higher low at 2.7 and close 2.83 ( Good news)
3) MACD - Finally a 4R1G signal Bullish attack signal
4) RSI - Rebound at 50% and close at 54% Bullish attack signal
5) ADX - Momentum slightly good and bullish since it kiss the bear and go up again
Conclusion
Good chance to accumulate
Entry Price - Now
Stop Loss - 2.7
Take Profit at 3.02 - 10% profit Good :)
Observation
1) Trend line - Broke Above the down trend line and close at 2.83 ( Starting of a nice bull run)
2) HH - Manage to rebound at the previous higher low at 2.7 and close 2.83 ( Good news)
3) MACD - Finally a 4R1G signal Bullish attack signal
4) RSI - Rebound at 50% and close at 54% Bullish attack signal
5) ADX - Momentum slightly good and bullish since it kiss the bear and go up again
Conclusion
Good chance to accumulate
Entry Price - Now
Stop Loss - 2.7
Take Profit at 3.02 - 10% profit Good :)
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