This is high risk and for quick cash ( Counter Trend Strategy)
Observation
1) Trendline - Downtrend ( Bearish)
2) Formed lower low- Bearish
3) MACD - $R1G ( Bullish Reversal)
4) RSI - broke above 30% ( Bullish)
5) Sto - Bullish crossover and above 20% ( Bullish)
6) ADX - weak momentum and bullish
7) Candle Stick - white candle bullish above 20d Ma
Conclusion
Take Profit at 20d MA or next Resistance
Take Profit at 2.79 and next at 2.88
Support 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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