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Wednesday, March 7, 2012

NICORP (NAIM) - Only for those who dare during downtrend



This is only for daring investor who love to invest for thrill and big profit ( Goreng Goreng in Malaysia Language or Chow in Cantonese)., This counter was informed by the Chartnexus Forum at 12.30 whereby it mention that this counter in a buy at 0.61

1) Broke the pennant formation and bull upward with super volume ( Bullish)
2) Candle Stick - Bullish Engulfing ( Bullish)
3)RSI broke above 50% ( Bullish)
4) Sro Broke above 50% ( BUllish)
5) VOlume distribution - Huge Buying Pressure ( Bullish)


ENtry Price = 0.73
Take Profit = 0.915 , 1.18 and 1.24 (Pennant signal)
Stop loss = 0.67 ( Please be cautious about this stock at this is a GORENG STOCK)

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