Air Asia with a confirmatioAir Asia with a confirmation white candle after support hammer n white candle after support hammer

Air Asia with a confirmation white candle after support hammer

 Brave words for Tony Fernandes that Malindo wont cause much issue with them for the domestic flights in Malaysia







Let check the Chart for Air Asia

 

ndicators
1 ) Trendline - Below the bearish trendline and touching (Bearish)
 2)  Support/Resistance - formed Lower Low ( Bearish)
3) MACD -4R1G signal ( Bullish)
4) RSI - Still below 30% but trying to break 30% . If break it will confirm the bullish

 5) STO - Still below 20% but trying to break 20% . If break it will confirm the bullish
6) Ichimoku -  a) Below support cloud (Bearish ).
                       b) Conversion line below the base line (Bearish ).
                       c) Price below the baseline ( Bearish )
7) Candlestick - White Candle after a bullish hammer  ( Bullish)

8) Volume - Buying Pressure is a bit higher than selling pressure 

 

Conclusion:
Bearish  -

Safe Investment - Break above 3.1

Next Resistance at 3.1 / 3.2/ 3.28/ 3.34 /3.48 / 3.54
Support at 2.88/ 2.75 / 2.68

Stock Analysis September 10 2012

Check this out Stock Analysis forecast on whether BULL or BEAR
Dow Jones, S&P 500 , Nasdaq, Oil, Gas, USD, Silver, Gold index for September 10  2012





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The Stock Library

SYF Rebound with confirmation

Today it went up with a white candle after a hammer to provide some bullish confirmation after a bullish reversal

Next Resistance at 0.73/0.745 / 0.76 /0.8
Support at 0.645 / 0.62

 

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SYF Formed a strong Hammer ( Bullish Reversal)

SYF Formed a strong Hammer ( Bullish Reversal)

SYF formed a very strong hammer on the support line at 0.645. If today US indices goes green we can seem some action on this counter. We need to make sure there is a Bullish Candlestick ( White Candle) for confirmation.



Support at 0.645/ 0.62
Resistance at 0.73/ 0.745

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CMSB UP UP AND AWAY!!!

Remember, in transition to moving to a new blogsite. Visit this new and improved blog..

http://edwinstock-king.blogspot.com/

CMSB UP UP AND AWAY!!!

CMSB closed at 3.5 and will testing the new resistance at 3.59. If there is any retrace it will show that the bull run has exhaust and possible to retrace.

MACD = Bullish  ...  Please monitor the MACD and if show 4G1R ( Better take some profit because it might run out of bull power and will retrace to the next support)

RSI - BULLISH
STO - Kissing ( Movement not sure)
Uptrend

Please beware and ready to take profit

Resistance at 3.6/ 3.7
Support at  3.46/ 3.25/3.05