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Saturday, March 26, 2011

Tan CHong white soldier detected



Observation
1) Trend Line - Downtrend - Bearish
2) Formed lower low - Bearish
3) MACD - Almost forming bullish crossover ( Bullish)
4) RSI - Break above 30% Bullish
5) Sto - Bullish Crossover ( Bullish
6) ADX - Weak momentum and bearish
7) Candlestick pattern - White soldier and bullish engulfing ( Bullish)

COnclusion
WIth good market sentiment ( Hopefully :D ) , let hope this is have already bottom down and time rise and shine again

Entry Price - 4.75
Stop loss - 4.52
Take Profit -  4.88 (R1) and 5.13 (R2)

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