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Friday, June 24, 2011

KKB - 4R1G detected with many other bullish Indicator

I hope everybody had fun on today stock bull. Suprising green today for all stock. Cool.. Spotted one stock mentioned by one of our forummer  on KKB.

 Please kindly refer to the analyze below.

1) Trendline - Downtrend( Bearish)
2) Formed lower low- ( Bearish)
3) MACD -4R1G ( Bullish )
4) RSI - Broke above 50% ( Bullish )
5) Sto - formed bullish crossover and break above 50 % (Bullish )
6) ADX - weak momentum and bullish
7) Candle Stick - Went up after inverted hammer detected ( Bullish) What is hammer
8) Volume Distribution - Selling Pressure is more during the last hour (Bearish)

3 Points

       5 Points


Winner BULL

Looks good with 4R1G but be cautious because there selling pressure is high.

Entry Price 1.94
Take Profit  at 2.03 and 2.07
Support at 1.87

Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)

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