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Tuesday, June 21, 2011

IJMLAND quietly Going Up


Kim Hyun A






Wow, this stock starting to get active and quietly going up behind our backs .. Hope that it will get hot like last time and wont burn our hands again like last time too :)











Observation
1) Trendline - Uptrend Bullish
2) Formed higher high- Bullish
3) MACD - Bullish Crossover ( Bullish)
4) RSI -rebound from 50%  ( Bullish)
5) Sto - Bullish crossover  and broke above 50% and heading towards 80% ( bullish )
6) ADX - Strong momentum and momentum ( Super BULL)
7) Candle Stick -Gravestone Doji (Bearish)
8) Volume Distribution - High buying with high volume ( Bullish)




1 Points







 7 Points







Conclusion


Winner BULL

Monitor closely and only goes it when the area is clear . Wait for Higher high( Uptrend) and Rsi positive

Entry Price - 2.94
Take Profit - 3.04 and 3.24
Stop loss at 2.85




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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