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Sunday, July 17, 2011

Kurasia hit the Entry Price with High Volume. WIll it bull more?

After waiting for so long that we mention to buy when it hit the entry price at 0.54 last week but after monitor for the whole week only hit on friday. Sometimes it need patience.. This was highlighted in the Forum 1 week ago.

1) Trendline - Uptrend Bullish
2) Formed higher high- Bullish
3) MACD - 4R1G ( Bullish)
4) RSI - Rebound at 50% ( Bullish )
5) Sto -  Broke above 50%  and going up (Bullish)
6) ADX - strong momentum and Bullish
7) Candle Stick - White Candle after Doji on 20d MA( slight bullish)
8) Volume Distribution - Buying Pressure High ( Bullish)

0 Points

       8 Points


Winner BULL

Rebounded on the 20d MA and went up beautifully

Entry Price 0.54
Take Profit  at 0.575 and 0.6
Support at 0.51

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

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