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Monday, March 28, 2011

MHB Time to take profit

This could be a good time to take some profit



Observation
1) Trendline - Uptrend Bullish
2) Formed higher high - Bullish
3) MACD - Formed 4G1R ( Bearish Reversal)
4) RSI - Falling from 70% ( Bearish)
5) Sto - Bearish crossover ( Bearish)
6) ADX - Good momentum and bullish
7) Candle Stick - 2 black candle stick ( Bearish)

Conclusion
Be on lookout for this counter.

Resistance at 7.30
Support at 6.7


2 comments:

  1. STRONG BUY DAYANG BREAKOUT AT 2.13

    ReplyDelete
  2. AnonymousMay 03, 2011

    TUN DAIM BACK IN KLSE BOUGHT 6 % OF PETONE>>ELECTION COMING

    ReplyDelete

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