Observation
1) Trendline - Uptrend ( Bearish)
2) Formed higher low ( Not sure yet have to wait for Monday Data)
3) MACD - Uptrend ( Bullish)
4) RSI - Awaiting for it to break above 50% ( Awaiting Confirmation)
5) Sto - Bearish and below 20% ( Bearish) but if break above 20% with Doji/ Engulfing possible rebound
6) ADX - weak momentum and bullish
7) Candle Stick - Spinning Top above the support line 2.73
Conclusion
This is the most critical session whether this will rebound and formed a higher low or retrace below and break the support toward lower low..
Entry Price 2.8
Take Profit at 2.88 and2.97
Support at 2.73 and stop loss at 2.7
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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