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Friday, January 28, 2011

ALAM - Go go go

Bought Alam back few days ago at 1.11 at 500lots and happy to see it going up

















Observation
1) Formed higher low at 1.1 and now it is a new support
2) MACD - High chances of Kiss Of life tomorrow with Blue line going up
3) RSI - Saturating at 62% and waiting to go up
4) ADX - Momentum at 27 points and bullish

Conclusion
Entry Price at 1.15 ( Safe mode) and 1.11 ( Risky Mode)
Stop loss at 1.1
Take Profit at 1.25


1 comment:

NUFFNANG ADS