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Wednesday, June 1, 2011

MHB go go..

I hope you all bought this counter as i have posted many many buy signal :)

Observation
1) Trendline - Uptrend Bullish
2) Formed higher high- Bullish
3) MACD - Bullish Crossover ( Bullish)
4) RSI - Broke above 70%
5) Sto -waiting Bullish crossover and going to break above 80%
6) ADX - strong momentum and bullish
7) Candle Stick -  testing at 7.86 support line

Conclusion
Wait to break up another resistance line at 8

Entry Price 8
Resistance at 8.15 & 8.46
Support at 7.86


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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