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Sunday, October 16, 2011

Maybulk have a technical Buy




Observation
1) Trendline - Uptrend- (Bullish)
2) Formed higher high  - (Bullish)
3) MACD -Bullish Crossover (Bullish)
4) RSI - Broke above 50% (Bullish) -
5) Sto - Formed Bullish Crossover and broke above 50% (Bullish)
6) ADX - high momentum and bullish crossover ( Bullish)
7) Candle Stick -2x white candle (Bullish)



0Points







      7 Points





Conclusion



Winner BULL

Now it has sky rocketed too high. Let wait till it break above 1.88 or retrace to the next support at 1.79

Entry Price 1.9
Resistance 1.95 and 2.11
Support at  1.79 and 1.68


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

2 comments:

  1. BUYER BEWARE! I NOTICE MANY RECOMMEND TO BUY ENG TEKNOLOGI AT THIS LEVEL.BTW ENG WAS THE TOP LOSER LAST FRIDAY...PLS READ CAREFULLY THE OFFER OF 2.50 I DID WANT TO BUY THE STOCK TEHN I NOTICE THE OWNER THAT WANT TO BUY OVER THE COMPANY ACTUALLY OWED ENG TEKNOLOGI BERHAD A LARGE SUM OF MONEY. SO EVERYONE THE ACTUAL PRICE THE OWNER BUYING OVER ENG IS NOT 2.50 BUT around 1.80-1.85(roughly) TAKING CONSIDERATION HIS DEBT THAT IS GOING TO BE ELIMINATED AFTER THE DEAL...CORRECT ME IF I AM WRONG HERE...SPSETIA-WB STILL ON MY MIND

    ReplyDelete
  2. In a ver RARE move S&P acknowledge that ISLAMIC BANKING will lead FINANCING IN Asia's infrastructure needs. STRONG BUY CIMB BIMB MAYBANK

    ReplyDelete

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