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Tuesday, June 7, 2011

Mitra broke the resistance finally !!


Hope that everybody benefit on the buy call on May 15 and buy at 2.4 , and able to earn about 9.5%. Let wait till it reaches the next resistance for another 9.5% which total up of 18%!!!

http://edwinextremebullrun.blogspot.com/2011/05/mitra-positively-up-up.html




Observation
1) Trendline - Uptrend Bullish
2) Formed higher low- Bullish
3) MACD - Bullish Crossover ( Bullish Reversal)
4) RSI - broke above 70% ( Bullish)
5) Sto - Bullish crossover and above 20% ( Bullish)
6) ADX - weak momentum and bullish
7) Candle Stick -  white candle bullish above 20d Ma

Conclusion
Let wait until next resistance and take profit..

Take Profit  at 2.77 50% and next at 2.94
Support at 2.53


Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)

http://edwinextremebullrun.blogspot.com/search/label/FORUM

 

1 comment:

  1. AnonymousJune 08, 2011

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