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Tuesday, July 19, 2011

DXN - Jewel Stock



Wow, this is what a called a jewel stock. Even with the hard hitting in KLSE stock with 75% stock in red but this baby this going up strong.. DXN which was mentioned in the forum and investment discussion room (Chatroom)












Observation
1) Trendline - Uptrend( Bullish)
2) Formed higher high- Bullish
3) MACD -4R1G ( Bullish)
4) RSI - rebound toward 70% ( Bullish )
5) Sto -  formed bullish crossover and rebound at 80 % (Bullish)
6) ADX - strong momentum and bullish
7) Candle Stick -Gap up with white candle ( Bullish)
8) Volume Distribution - Buying Pressure is very high  (Bullish)




0 Points







       8 Points







Conclusion


Winner BULL

Entry Price 1.35
Take Profit  at 1.47 and 1.53
Support at 1.31

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

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