Observation
1) Trendline - Uptrend- (Bullish)
2) Formed higher low- (Bullish)
3) MACD -Bullish Crossover (Bullish)
4) RSI - Broke above 70% (Bullish) -
5) Sto -Kissing (Potential Bearish)
6) ADX - high momentum and bullish crossover ( Bullish)
7) Candle Stick -2x white candle (Bullish)
8) Global Factor - USA Index down and lose of confidence of investor after German Finance Minister Speech (Refer to the news ).
2Points
6 Points
Conclusion
Winner BULL
Eventhough all the indication are great we need to follow the support and resistance rules
Entry Price 1469
Resistance 1475 and 1496
Support at 1442 and 1422
Daily Buy Call in Forum.. (Do not forget to view here for daily Stock Picks)
No comments:
Post a Comment