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Wednesday, February 23, 2011

Dialog - Will it formed a higher low and rebound super high!!




Observation
1) Trendline - Uptrend - Bullish
2) HH - Formed higher high ( Shooting Star) and retrace.. Let hope it will formed a higher low and rebound again testing new higher high.. ( Bullish)
3) MACD - Still slightly bullish
4) RSI - Horizontal and let wait for it to break above 70% for bullish breakout
5) ADX - Normal Momentum and Bullish

Conclusion
Entry Price - 2.31
Stop Loss - 2.15
Take Profit - 2.42 (R1) and 2.5 (R2)

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http://edwinextremebullrun.blogspot.com/search/label/FORUM

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