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Monday, March 7, 2011

SEG Watchout

Those who have bought SEG, please better watchout tomorrow there might be a possible drastic movement..

1) Trendline - Uptrend ( Bullish)
2) Formed higher high ( Bullish)
3) MACd - Bullish but beware of any 4G1R signal
4) RSI - Overbought region and retracing ( Bearish)
5) Sto - Bearish crossover ( Bearish)
6) Candle Stick - Bearish Hanging Man ( Bearish)
7) ADX - Super high volume and bullish ( Beware of bearish because with super high momentum it might drop down like a nuclear bomb


Ensure Stop loss at 3.40 ( If close below this better take profit fast)
But if break above and close 3.63 then continue to hold

Next resistance at 3.811 and 3.95

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