Google Ad Choice

Sunday, June 19, 2011

DRB HICOM broke out from symmetrical triangle!!

Everybody think this stock was a goner but since we are in Boleh Land. This stock came back to life again and now many people who are buying on tips are talking about DRBHICOM!!

Saturday Morning

Uncle A : This counter seem good and goreng

Uncle B : Wah really ah, this monday will go buy 10 lots..

Really respect this uncle all buy stock on instinct and tips..

1) Trendline - Uptrend Bullish
2) Formed lower high - bearish
3) MACD -  4R1G and bullish crossover (Bullish)
4) RSI - heading toward 70% and rebound from 50% (Bullish)
5) Sto -Bullish crossover and rebound from  50% and K% broke 80% (Short term bullish)
6) ADX - weak momentum and bullish
7) Candle Stick -  bullish engulfing ( Bullish)
8) Chart Pattern - Symmetrical Triangle Break out ( Bullish) Target at 2.54

Just broke out from Symmetrical Triangle and if volume is above 3.9 Million with increase price high chances to follow the breakout

Entry Price 2.34
Resistance at 2.5
Support at 2.28

No comments:

Post a Comment