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Thursday, May 19, 2011

AMMB

Potential CLimbing Stock




Observation
1) Trendline - Uptrend Bullish
2) Formed higher low- Bullish
3) MACD - Bullish Crossover ( Bullish
4) RSI - ascending towards 70% ( Bullish)
5) Sto -  80% ( Bullish)
6) ADX - weak momentum and bullish
7) Candle Stick -  white candle bullish above 20d Ma


Conclusion
Could be a potential profit counter


Entry Price 6.54
Resistance at 6.67 & 7.05
Support at 6.27

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