EdwinExtremeBullRun Stocks: DRBHICOM

Showing posts with label DRBHICOM. Show all posts

Sunday, April 8, 2012

DRBHICOM broke the downtrend line

PRevious Call

Entry Price - 2.65
Support at 2.55 and 2.47
Take Profit at 2.87 and 3.03

1) Uptrend - Broke the downtrend line
2) Higher low and need to have higher high to confirm uptrend
3) MACD - Bullish Crossover
4) RSI - Broke above 50% ( Bullish)
5) Sto - Broke above 80% ( Bullish)

Wednesday, March 28, 2012

DRBHICOM - Technical Rebound or a Dead Cat Bounce ( Bear Trap)

Based on TA, this counter look like it is rebound but the main question is it a Technical Rebound or a Dead Cat Bounce ( Bear Trap)

1) Downtrend
2) Pattern - Descending Triangle Forming. If pattern formed by breaking below 2.47, it might hit the target at 1.68.. ( Wow that is the price of 2011!!)
3) MACD - Formed 3R1G ( not that strong indicator but please monitor)
4) RSI - Uturn towards 30%. Breaking it will formed a bullish run
5) Sto - Both are kissing and if tomorrow it goes up possible Bullish Crossover will be formed and might break the 20% ..

THIS IS A RISKY TRADE.. Please be Cautious

Entry Price - 2.65
Support at 2.55 and 2.47
Take Profit at 2.87 and 3.03

Thursday, March 1, 2012

DRBHICOM bouncing from support

DRBHICOM rebouding from the 2.47 support line

1) MACD - 4R1G ( Good)
2) Waiting for RSI to break 30%
3) Waiting for Sto to break 20%

Entry Price at 2.66
Stop loss at 2.47
Take Profit 2.87 and 3.03

Sunday, July 3, 2011

DRBHICOM - Potential BB Squeeze Breakout

DRBHICOM has been on the sideways for 2 week and will this counter become the investor liking again and join the High Volume List again?

Observation
1) Trendline - Sideways
2) Formed the same low - Sideways
3) MACD - bullish crossover (Bullish)
4) RSI - Broke 50% (Bullish)
5) Sto -Broke 80% (Short term bullish)
6) ADX - weak momentum and bullish
7) Candle Stick - 3 WHite candle stick ( Bullish)
8) Volume Distribution - High Selling Pressure ( Bearish)