HWGB Formed MACD BULLISH CROSSOVER

Investor who have went into this counter i would like to wish you all congratulations and hope you all will profit a lot from the bull today.

Let check the HWGB Stock Analysis CHart on 21 September 2012

 

Indicators

1 ) Trendline - Broke above the downtrendline (Bullish)
 2)  Support/Resistance - formed Lower Low  ( Bearish)
3) MACD - Bullish Crossover (Bullish)
4) RSI - Broke above 50%( Bullish)  -

5) STO - Bullish Crossover and broke above 50%  (Bullish)

6) Ichimoku - a) Below  support cloud (Bearish).
                       b) Conversion line below the base line (Bearish).
                       c) Price above the baseline ( Bullish)
7) Volume Distribution - Strong Buying Pressure ( Bullish)

Conclusion:
Bullish
 

E ( Entry) : 0.33 

S ( Stop Loss) : 0.3         

P ( Profit) :0.375

RRR (Risk to Reward Ratio) = 1.6 (Slightly Rewarding)

 

Next Resistance at / 0.38 / 0.395
 Support at  0.32 / 0.335 / 0.355 /0.305 /0.285 / 0.25