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JOHOTIN testing the Resistance at 2.03

Written By Unknown on Monday 3 September 2012 | 8:31:00 pm



Johotin Testing the new Resistance at 2.03 and went down. It still remains stock but advisable to take some profit near the resistance and leave the other half for the next resistance at 2.14.

However if tomorrow it close negatively it will indicate that it has exhausted its bull power and high chances of retracing.

Uptrend
- MACD - Bullish Crossover
- RSI - Broke above 50% and testing 70%
- Sto - Bullish and testing the 80%
- Candle - A long white after a hammer


Resistance at  2.03 / 2.14 /  2.225
Support at 1.87 / 1.71/ 1.59
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1 comment:

  1. Nice lookout on this stock. I manage to get it at 1.85 and still holding it.

    Thanks
    Apple

    ReplyDelete

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