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Sunday, February 27, 2011

SP SETIA - is it the time to buy?




Is it the time to buy SPSETIA ( Number 1 in properties) and has SPSETIA went down the lowest and stop bleeding. Is it the time to wake up and fly !!

Observation
1) Trendline  - Downtrend ( Bearish)
2) HH - Formed Lower Low at 5.73 ( Bearish)
3) MACD - Bearish and let wait for the 4R1G signal to enter
4) RSI - Oversold Region ( Bearish) and waiting for it to break above 30% to buy again
5) ADX - Low Momentum and Bearish
6) Sto - Awaiting for Bullish Crossover ( Awaiting confirmation)
7) Candle Stick - Spinning top. ( Awaiting for confirmation)

Conclusion
Entry Price - 5.98
Stop Loss - 5.72
Take Profit - 6.12 (R1), 6.2 (R2) and 6.27 (3)

Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)
http://edwinextremebullrun.blogspot.com/search/label/FORUM

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