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. Enjoy all in one blog for your daily needs for your stock picks.
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Sunday, January 16, 2011
Dayang
Observation
1) Uptrend - Still above the uptrend line but need to be cautious that if broke the Uptrend Line at 2.96 on monday Jan 17, it maybe be a start of a reversal
2) HH - Formed Higher HIgh at 3.1 and retrace back and next support will be at 2.96 and 2.85 ( Last Higher low)
3) MACD- Moving Sideways waiting for next confirmation on Bull or Bear
4) RSI - Now currently 64% after overbought region on Thursday ( Jan 14)
5) ADX - 24% moving sideways
Conclusion cut loss at 2.96 and if it break the resistance at 3.1 there will be another long bull run for this counter
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