Wow i hope every body is glad to gain a 5% regardless of overall sector are in red due to Dow Jones monthly period again.
Observation
1) Trendline - Uptrend ( bullish)
2) Formed higher low- Bullish
3) MACD - bullish crossover (Bullish)
4) RSI -broke above 50% and waiting to break above 70% (bullish)
5) Sto -Broke above 80% and bullish crossover ( Bullish)
6) ADX - HIgh momentum and bullish ( Bullish)
7) Candle Stick - White Candle ( Bullish)
Conclusion
Lets take some small profit and hold it longer because need to play safe since Dow Jones is at red again
Entry Price 4.52
Resistance at & 4.8
Support at 4.45
Observation
1) Trendline - Uptrend ( bullish)
2) Formed higher low- Bullish
3) MACD - bullish crossover (Bullish)
4) RSI -broke above 50% and waiting to break above 70% (bullish)
5) Sto -Broke above 80% and bullish crossover ( Bullish)
6) ADX - HIgh momentum and bullish ( Bullish)
7) Candle Stick - White Candle ( Bullish)
Conclusion
Lets take some small profit and hold it longer because need to play safe since Dow Jones is at red again
Entry Price 4.52
Resistance at & 4.8
Support at 4.45
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