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Tuesday, February 1, 2011

Where is the Train Operator for Alam

I have been in the train named "ALAM" since last week thursday at RM1.11 and waiting for the train operator ( Big Shark and Local Fund) to move the train...
































Observation
1) Still going up .. Testing and flirting with the resistance line at 1.15
2) MACD - Slightly bullish with 4R1G signal
3) RSI - Going up and now at 64.8%. With big volume and price up it will break the Overbought and super bull
4) ADX - Momentum slight healthy above 25 and bullish

Conclusion
Entry Now with high volume above 4.5M units
Stop Loss - 1.10
Profit - 1.25 and 1.50

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