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Sunday, January 30, 2011

4G Provider - Green Packet

Dear Mama,
Thanks for coming into this blog and will try to help on analyze this counter and hope this will aid you.


















Observation
1) MACD - Bearish
2) RSI - 38% and retracing (Bearish)
3) ADX - 16point and showing a very slow movement or sideways


Conclusion
Entry Price - 0.85
Stop Loss - 0.745 ( Danger level and now at 0.755) and next support at 0.705
Take Profit - 0.94
























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