Google Ad Choice

Tuesday, February 15, 2011

Orang Sangat Kuat Counter (OSK)

This counter had bull strong from Dec 2010 with the rumour of take over by Maybank but unfortunately this is not true but however OSK is doing pretty well as their are increasing.

1) Trendline - Downtrend - Bearish
2) HH - Formed lower high at 1.88 and retracing
3) MACD - Bearish but waiting for Bullish Crossover for Bullish Reversal
4) RSI - Broke the 50% ( Bullish)
5) ADX - Weak Momentum and Bearish

 For this counter let wait for further confirmation before entry

Entry Price - 1.92
Stop Loss - 1.69
Take Profit - 2.04 (R1) and 2.19(R2)

No comments:

Post a Comment