Hapseng Formed a higher low

Observation
1) Trendline - Uptrend( Bullish)
2) Formed higher low- ( Bullish)
3) MACD -Broke 0 level  ( Bullish )
4) RSI -If break above 70% (Undetermined)
5) Sto - wait for bullish crossover (Undetermined)
6) ADX - Weak momentum and bullish
7) Candle Stick - White Candle(Bullish.)

0 Points

       4 Points







Conclusion

Winner BULL

If break the resistance 5.45 it may continue to break upwards..

Etry Price 5.47
Resistance 5.625 , 5.8 and 5.97 ( Breakout target)
Support 5.4 

 

 

Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)

http://edwinextremebullrun.blogspot.com/search/label/FORUM

Hap Seng Symmetrical Breakout

This buy call have to really thank of the forumer gave us some hints about this counter and after analyze it is seems it is forming a symmetrical triangle yesterday.. Do not believe check out the post in our forum yesterday.

Observation
1) Trendline - Uptrend( Bullish)
2) Formed higher high- ( Bullish)
3) MACD -Formed 4R1G last friday and have kiss of life too ( Bullish )
4) RSI -Rebound from 30%(  Bullish)
5) Sto - formed bullish crossover and rebound from 20% (Bullish )
6) ADX - Weak momentum and bullish
7) Candle Stick - White Candle(Bullish.)
8) Chart Pattern - Symmetrical Triangle breakout ( Bullish)
9) Volume Distribution - Selling Pressure is more due take profit  (Bearish)

1 Points

       8 Points







Conclusion

Winner BULL

Symmetrical Breakout and need to ensure continuous buying pressure have tomorrow if not the breakout might fail.

Entry Price 5.25
Resistance 5.44, 5.625 , 5.8 and 5.97 ( Breakout target)
Support 5.18 if fail the breakout

Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)

http://edwinextremebullrun.blogspot.com/search/label/FORUM

Hapseng BB Squeeze.. Once burst up or down?

Observation
1) Trendline - Sideways with Bollinger Squeeze
2) Formed higher low - Bullish
3) MACD - formed 4r1G - Good indication of bullish
4) ADX - Weak momentum ( Sideways) but the bull and bear is French Kissing (Wow). Let wait who will give in either the bear or bull will win..
5) RSI - Rebounded at 50% and uptrend ( Bullish)
6) Sto - k% up and waiting for Bullish Crossover ( Waiting for confirmation)
7) Candlestick Pattern - Bullish Engulfing ( Bullish)

COnclusion
There is a small chances it will burst upwards or downward big time within 2 weeks. Those who are day or position trader can go for this counter..

Entry Price at 6.8
Stop loss at 6.5
Take Profit - 7.05 (R1) and 7.52 (R2)