PCHEM higher low detected - Another bullish round

Observation
1) Uptrend - Bullish
2) Formed higher ;pw bullish
3) MACD - Kissing and potential bullish crossover ( Potential Bullish)
4) Sto - Broke above 50% bullish
5) RSI - Broke above 50% bullish
6) ADX - Bullish and strong momentum

Conclusion
Now currently it is walking up the band and if you see any black candle after hitting the resistance better take some profit first

Entry Price 7.26
Take Profit 7.6 and 7.98
Stop loss at 6.98

MHB Time to take profit

This could be a good time to take some profit

Observation
1) Trendline - Uptrend Bullish
2) Formed higher high - Bullish
3) MACD - Formed 4G1R ( Bearish Reversal)
4) RSI - Falling from 70% ( Bearish)
5) Sto - Bearish crossover ( Bearish)
6) ADX - Good momentum and bullish
7) Candle Stick - 2 black candle stick ( Bearish)

Conclusion
Be on lookout for this counter.

Resistance at 7.30
Support at 6.7

PCHEM shooting up

Observation
1) Uptrend - Bullish
2) Formed higher high bullish
3) MACD - Bullish and take profit at 4G1R
4) Sto - Bullish but overbought
5) RSI - Bullish but overbought
6) ADX - Momentum weak but bullish

Conclusion
Now currently it is walking up the band and if you see any black candle after hitting the resistance better take some profit first

R1 - 6.84, R2 -7.05 and R3 - 7.17

Everybody's Favourite PCHEM

 Will PCHEM be hot and break the Resistance of 6.39 and fly fly?

Observation
1) Trend - Uptrend Line - Bullish
2) HH - Formed higher low at 5.945 and going up (Bullish)
3) MACD - Bullish Crossover with 4R1G indicator few days ago (Bullish)
4) RSI - Now at 63% and going up ( Bullish)
5) ADX - Nice momentum with Bullish

Conclusion
Entry Price - 6.41
Stop Loss - 6.14
Take Profit - 6.6 (R1) , 6.73 (R2) and 6.83 (R3)

PCHEM

This counter is new and Technical Analysis on this counter is limited by will try my best to help my visitor to review this counter

Observation
1) Trendline - Broke the Uptrend line - Bearish
2) HH - Retracing from the Higher High but still far away from previous higher low at 5.81
3) MACD - Limited data but showing bullish
4) RSI - Retracing but if on Monday break above the uptrend line possible to rebound
5) ADX - At 44 which is having high momentum but bearish

Conclusion
Entry Price = 6.3
Stop Loss = 6
Take Profit = 6.6