MAS MAS we are on business again... Look at the two beautiful stewardess cheering when MAS rebounded and testing the bullish ride again.
Observation
1) Trendline - Uptrend Bullish
2) Formed higher low- Bullish
3) MACD - Going to break the 0 Region and awaiting for 4R1G ( Undetermined). If tomorrow goes up for sure it will be 4R1G
4) RSI -broke below above 70% ( Bearish)
5) Sto - Bullish Crossover in progress and rebound at 50% ( Bullish)
6) ADX - strong momentum and Bullish
7) Candle Stick -Inverted hammer on support and spinning top (bullish )
8) Volume Distribution - High Buying Pressure ( bullish )
1 Points
6 Points
Conclusion
Winner BULL!!
Rebound and going up
Entry Price 1.55
Resistance at 1.59 and 1.65
Support at 1.49
Support at 1.49
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