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Wednesday, July 13, 2011

Coastal Possible Breakout or down from symmetrical triangle

Let see whether coastal can break up or down from this from symmetrical triangle. Let hear what is the Glass says...

Hmmm. UP UP UP..

1) Trendline - Uptrend( Bullish)
2) Formed higher low- ( Bullish)
3) MACD -Bullish crossover and above 0 ( Bullish )
4) RSI -went up and testing  70% (Bullish)
5) Sto -  bullish crossover  and rebound from 50%(Bullish)
6) ADX - weak momentum and bullish
7) Volume Distribution -  Buying Pressure good ( Bullish)

0 Points

       8 Points


Winner BULL

This is require a lot of luck and timing to aim for this breakout..

Etry Price 3.69
Resistance 3.81and 4.78 ( Breakout target)
Support 3.63

In addition tomorrow Ex Date

  1 bonus for 3 shares
   1 wa free for 8 shares
Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)

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