Google Ad Choice

Wednesday, June 29, 2011

Magna Reach today Entry Price at 1.02 buy or not?

As discussed in yesterday Investment Chat and Forum , we have conclude that we will go in to this counter at 1.02 with high volume. Look like now it is at .1.03 let hope it will shoot up higher..

1) Trendline - Uptrend( Bullish)
2) Formed higher high- ( Bullish)
3) MACD -Formed 4R1G and formed bullish crossover ( Bullish )
4) RSI -Broke above 70%(  Bullish)
5) Sto - formed bullish crossover and rbreak above 80% (Bullish )
6) ADX - high momentum and bullish ( On Red Bull liao fully energized)
7) Candle Stick - 3 White Soldier(Bullish.)
8) Volume Distribution - Buying Pressure is more good  (Bullish)

0 Points

       8 Points


Winner BULL

waiting to break out from 1.02 with high volume
Entry Price 1.02
Resistance 1.05 and 1.10 ( Breaut target)
Support 0.95

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

No comments:

Post a Comment