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Wednesday, June 1, 2011

Media Bullish with 4R1G MACD detected



Observation
1) Trendline - Uptrend Bullish
2) Formed higher high- Bullish
3) MACD - 4R1G Bullish
4) RSI - Broke above 70% Bullish
5) Sto - Bullish crossover and broke above 50% ( Bullish)
6) ADX - good momentum and bearish
7) Candle Stick -  White Candle ( Bullish)
Conclusion
Could be a potential profit counter


Entry Price 2.93
Resistance at 3.15 & 3.42
Support at 2.7

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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