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
Conclusion
Wait to break up another resistance line at 8
Entry Price 8.83
Resistance at 8.94
Support at 8.47
Daily Buy Call in Forum.. (Do not forget to view here for daily Stock Picks)
http://edwinextremebullrun.blogspot.com/search/label/FORUM
You might also like:
Hi bro, just to warn you about the bad candle in MHB, looks like smart money is flowing out. i might be wrong, just an opinion. cheers take care. keep up the good work.
ReplyDeleteEverything is possible my friend. Most important rule is follow our stop loss and take profit. Dont be too greedy and dont be too safe..
ReplyDeleteJust follow the easy 123 step :)
yeap you are right. but i have a bad habit of averaging down, and when it comes to cutting losses, i would have lost a lot :( I hope it doesnt happen to other people. cheers bro! c u
ReplyDelete