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Thursday, June 23, 2011

BIMB MACD 4R1G detected

DALSHABET MEMBER



Wow last time when i was monitoring it was downtrend during Feb and today looking at it was at uptrend since March. Miss this baby..













Observation
1) Trendline - Uptrend( Bullish)
2) Formed higher low- Bullish
3) MACD -4R1G ( Bullish )
4) RSI - Broke above 50% ( Bullish )
5) Sto - Attempting to formed bullish crossover and below 20 % (Pending)
6) ADX - normal momentum and bullish
7) Candle Stick - Went up after hammer detected ( Bullish) What is hammer
8) News - Good news from The Edge ( Refer to this) (Bullish)
9) Volume Distribution - Buying Pressure is very high  (Bullish)
0 Points







       8 Points







Conclusion


Winner BULL

Looks good with 4R1G but be cautious please with the entry price to reduced and downside on the next day

Entry Price 1.88
Take Profit  at 1.92 and 2.11
Support at 1.8

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

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