Google Ad Choice

Wednesday, June 15, 2011

PCHEM higher low detected - Another bullish round





Observation
1) Uptrend - Bullish
2) Formed higher ;pw bullish
3) MACD - Kissing and potential bullish crossover ( Potential Bullish)
4) Sto - Broke above 50% bullish
5) RSI - Broke above 50% bullish
6) ADX - Bullish and strong momentum

Conclusion
Now currently it is walking up the band and if you see any black candle after hitting the resistance better take some profit first

Entry Price 7.26
Take Profit 7.6 and 7.98
Stop loss at 6.98

2 comments:

  1. AnonymousJune 16, 2011

    time to enter ulicorp...1.08-1.12 is the most comfortable price to buy...news only 3 days old..they bound to play up in coming days

    ReplyDelete
  2. AnonymousJune 16, 2011

    MUHIBBAH FAVCO SELL NOW..WILL LIMIT DOWN IN AFTERNOON SESSION

    ReplyDelete

NUFFNANG ADS