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Tuesday, May 24, 2011

Dialog - Close watch on Entry Price for another round of big profit




Observation
1) Trendline - Uptrend Bullish
2) Formed higher low- Bullish
3) MACD - Kissing and waiting for 4R1G. If tomorrow white candle then it is 4r1G
4) RSI - waiting for confirmation above 70%
5) Sto -Kissing and waiting Bullish crossover and wait to break above 80%
6) ADX - good momentum and bullish
7) Candle Stick -  spinning top and waiting for a bullish doji
Conclusion
Could be a potential profit counter


Entry Price 2.72
Resistance at 2.84 & 2.93
Support at 2.6

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