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Sunday, January 9, 2011


Steel Counter

All indicators are showing up except the Accumulation is going now. Now need to wait for this counter to retrace back to 0.88 and rebound with candlestick. With this condition it will obey the Higher High and Higher Low which prove that there is further upside for this counter.

E = 0.88 ( With Candle Stick Reversal / Higher low)
S = 0.85 ( if purchase this counter at 0.88 on higher low and we need to cut loss it this counter suddenly break below 0.85)
P =  0.935 and 0.975

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