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Thursday, June 23, 2011

Ann Joo Formed higher low, Beginning of uptrend



Ready Set Go!!!!.. Ann Joo has formed a higher low and let hope it will be a beginning of a bullish trend ( Uptrend). Vrooom!! and speed like Formula 1 and rise up












Observation
1) Trendline - Uptrend ( Bullish)
2) Formed higher low  - ( Bullish)
3) MACD - Uptrend  ( Bullish)
4) RSI - Rebound from 50% ( Bullish)
5) Sto - Bullish Crossover and broke the 20% ( Bullish)
6) ADX - weak momentum and bullish
7) Candle Stick -  Inverted Hammer ( Slight bullish)





0 Points







 7 Points







Conclusion


Winner BULL

Broke the resistance but many more hurdles to pass..

Entry Price 2.8
Take Profit  at 2.88 and2.97
Support at 2.73 and stop loss at 2.7



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

http://edwinextremebullrun.blogspot.com/search/label/FORUM


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