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Friday, June 3, 2011

GPACKET - MACD 4R1G detected - Could be bullish



Observation
1) Trendline - Uptrend Bullish
2) Formed higher low- Bullish
3) MACD - 4R1G ( Bullish)
4) RSI - wait for confirmation to break above 70%
5) Sto - Bullish crossover and rebound at 50% ( Bullish)
6) ADX - strong momentum and bullish
7) Candle Stick -  WHite candle ( Bullish)

Conclusion
Another round of bull if market is good

Entry Price 0.85
Resistance at 0.94  & 0.99
Support at 0.80

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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