Google Ad Choice

Sunday, February 13, 2011

DRB HICOM Vrooom... Part 2

Let hope DRB HICOM continue to Vroom up up with good KLSE market Sentinment






Observation
1) Trend Line - Sideways
2) HH - Formed Lower High at 2.22 ( Bearish)
3) MACD - Bearish and formed 4G1R ( Bearish)
4) RSI - Broke Below 50% and retracing ( Bearish)
5) ADX - Good Momentum and Bullish

Conclusion
Entry Price - 2.09 if KLSE market Sentiment green will push the stock up.
Stop Loss  - 1.88
Take Profit - 2.22 (R1) , 2.27 (R2) and 2.38 (R3)

No comments:

Post a Comment

NUFFNANG ADS