Observation
1) Trend Line - Downtrend ( Bearish
2) HH - Formed lower high at 5.19 and retracing ( Bearish)
3) Pattern - Descending Triangle ( Extreme Bearish)
4) MACD - Slightly Bullish ..
5) RSI - up to 56% and going up.. ( Bullish)
6) ADX - Low momentum and bullish
Conclusion
Entry Price - 5.3 with high volume
Stop Loss - 4.96 ( Beware of descending triangle)
Profit Taking - 5.45 (R1) and 5.75 (R2)
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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