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Showing posts with label EO. Show all posts
Showing posts with label EO. Show all posts

Thursday, June 2, 2011

E&O MACD 4R1G - Confirm of bull run


Observation
1) Trendline - Uptrend Bullish
2) Formed higher low- Bullish
3) MACD - Finally 4R1G Bullish
4) RSI - waiting to break rebound from 30%
5) Sto - kissing and waiting for bullish crossover
6) ADX - strongmomentum and bullish
7) Candle Stick - Formed spinning top on support
Conclusion
Could be a potential profit counter

Entry Price 1.53
Resistance at 1.6 & 1.65 & 1.81
Support at 1.45

Friday, May 27, 2011

E&O hammer detected ( Bullish Radar)




 Nice Heritage E&O situated in Penang.











Observation
1) Trendline - Uptrend Bullish
2) Formed higher high- Bullish
3) MACD - waiting for 4R1G with a white candle on Next Monday
4) RSI - waiting to break above 70%
5) Sto - kissing and waiting for bullish crossover
6) ADX - strongmomentum and bullish
7) Candle Stick - Formed hammer on 20d MA
Conclusion
Could be a potential profit counter

Entry Price 1.6
Resistance at 1.65 & 1.8
Support at 1.48


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