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Tuesday, May 31, 2011

DRB HICOM blast off...

Those who saw my buy call and let hope everybody follow the rules of the stop loss at 2.17 and since it did not touch let keeps it hehe.. look like it may go up

1) Trendline - Uptrend Bullish
2) Formed higher low- Bullish
3) MACD -  4R1G Bullish
4) RSI - above 50% (Bullish)
5) Sto -waiting Bullish crossover and wait to rebound above 20%
6) ADX - weak momentum and bearish
7) Candle Stick -  bullish engulfing ( Bullish)
Could be a potential profit counter

Entry Price 2.26
Resistance at 2.41 & 2.5
Support at 2.17

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