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Tuesday, June 21, 2011

GPACKET reach Entry Price.. Is it a buy Call?



Hmm. Is GPACKET a buy Call now? It hit our entry price at 0.85 and shot up to 0.88 and then dive back to 0.83 but lastly close at 0.85 with high volume 2 million Lots.. Wonder who is pushing the price down, Investor or Big Shark?














Observation
1) Trendline - Uptrend Bullish
2) Formed higher high- Bullish
3) MACD - Bullish Crossover ( Bullish)
4) RSI -rebound from 70%  ( Bullish)
5) Sto - Broke above 80% ( bullish )
6) ADX - Strong momentum and momentum ( Super BULL)
7) Candle Stick -Bullish Harami (bullish ) . What is bullish Harami?
8) Volume Distribution - High buying with high volume ( Bullish)





  0 Points



          8 Points







Conclusion


Winner BULL

Let hope tomorrow go up north and close above 0.85

Entry Price 0.85 above 10K lots ( REACHED)
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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