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Sunday, May 15, 2011

Mitra positively up up

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Observation
1) Trendline - Uptrend Bullish
2) Formed higher low- Bullish
3) MACD - Formed 4G1R  and going to Bullish Crossover ( Bullish Reversal)
4) RSI - rebound from 30% ( Bullish)
5) Sto - Bullish crossover and above 20% ( 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 2.4
Resistance at 2.53
Support at 2.35

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