Google Ad Choice

Wednesday, June 22, 2011

YTLPOWER broke resistance and up up..

Kim Hyun Joong

In Malaysia, when something good happens such as win jackpot and stock went up, we will normally praise handsome ( English) or Leng Chai ( Cantonese). Well for this YTLPOWER it is very handsome yesterday :). Let hope that today also will be handsome and break above 2.25 !!

1) Trendline - Uptrend , broke the downtrend with a long white candle(  Bullish)
2) Formed lower low- Bearish and let waited for the next signal whether higher high or lower high
3) MACD - bullish crossover (Bullish) but it need to move above 0 to show it will be a long term continuous uptrend
 4) RSI -broke above 30% a(bullish)
5) Sto -Broke above 20% and bullish crossover ( Bullish)
6) ADX - weak momentum and bullish
7) Candle Stick -  White Candle ( Bullish)

0 Points

 7 Points


Winner BULL

Broke the resistance but many more hurdles to pass..

Entry Price 2.26
Resistance at  & 2.25, 2.28 ,2.31, 2.36 and 2.39 ( Wow many small resistance)
Support at 2.22

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

No comments:

Post a Comment