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Tuesday, May 31, 2011

Sunway Testing broke resistance and going for 15% gain

Hope those who read this blog manage to buy into Sunway and it had broke the resistance with high volume

Observation
1) Trendline - Uptrend Bullish
2) Formed higher high and break the 2.54  resistance- Bullish
3) MACD -  bullish
4) RSI - Broke above 70% ( Bullish)
5) Sto -  bullish crossover ( Bullish)
6) ADX - strong momentum and bullish
7) Candle Stick - Formed white candle ( Bullish)

Conclusion
High chances of big profit

Entry Price 2.55
Resistance at 2.97
Support at 2.42

Daily Buy Call in Forum.. (Do not forget to view here for daily Stock Picks)
http://edwinextremebullrun.blogspot.com/search/label/FORUM 

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