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Wednesday, May 4, 2011

DRBHICOM GOOD CHANCES


Observation

Observation
1) Trendline - Uptrend Bullish
2) Formed higher low- Bullish
3) MACD - Formed 4G1R ( Bullish Reversal)
4) RSI - above from 30% ( Bullish)
5) Sto - Bullish crossover ( Bullish)
6) ADX - weak momentum and bearish
7) Candle Stick - awaiting for bullish engulfing ( white candle) or doji

Conclusion
Could be a potential profit counter


Entry Price 2.26
Resistance at 2.48
Support at 2.08

1 comment:

  1. AnonymousMay 10, 2011

    hwgb is next after MSC ..high tin price will give hwgb stellar profits..STRONG BUY 50 cents

    ReplyDelete

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