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Tuesday, March 8, 2011

Another Potential Short Thrill LIONIND

Looking for another short thrill and profit.. Here is one counter with potential reward but high risk. Do you have the balls to go in ?

1)Trendline - Downtrend - Bearish
2) Formed lower low- Bearish
3) MACD - Formed 4r1g potential bullish
4) RSI - waiting to break above 30% for bullish attack
5) ADX - Super strong momentum but bearish
6) Sto - Bullish crossover and breaking above 20% potential bullish

Entry price at 1.68
Stop loss at 1.59
Take profit at 1.89

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