Masteel, it seem then it may broke the downtrend line and may go up forth like previous January.. Let monitor this stock closely.. Hope that i can provide a good analyze for our fellow Mikiyo in the forum..
Observation
1) Trendline - Downtrend Bearish
2) Formed lower low - Bearish
3) MACD - Bullish Crossover ( BUllish)
4) RSI - Broke above 30% ( Bullish)
5) Sto - Bullish Crossover and reboung from 20% ( Bullish)
6) ADX - weak momentum and bullish crossover
Conclusion
Let hope it will continue to go up with US market is good tonight..
Entry Price 1.28
Resistance at 1.34, 1.43 and 1.55
Support at 1.22
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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