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Tuesday, May 31, 2011

Kimlun keep a close watch

1) Trendline - Uptrend Bullish
2) Formed higher low- Bullish
3) MACD - 4R1g ( Bullish)
4) RSI -Hovering at 50% ( Indecisive)
5) Sto -bearish crossover  and going below 20% (Bearish)
6) ADX - strong momentum and bullish
7) Candle Stick -  Spinning top at 50d Ma( Decision making)

Have to wait today whether will it rebound and fall from the support 1.75

Entry Price 1.86 
Resistance at 2.09
Support at 1.7

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