Amedia alive...

Everybody must be happy of going into Amedia but becareful of the 20d Ma at 0.47... Take some profit there..

Indicators
1 ) Trendline - below  Downtrend ( Bearish)
2)  Support/Resistance - Formed lower low (Bearish)
3) MACD -  Bullish Crossover (Bullish)  .

4) RSI - Break above 30% (Bullish)  .. If break above 50% will indicate more Bullish 

5) STO - Bullish Crossover and broke above 20%  (Bullish) .If break above 50% will indicate more Bullish
 6) Ichimoku -  a) Price below support cloud (Bearish).
                          b) Conversion line below the base line (Bearish).
                          c) Price below the baseline ( Bearish)



Conclusion:
Bearish

Buy call on 21 OctoberE ( Entry) : 0.39 ( Ensure closed above this price)

S ( Stop Loss) : 0.32         

P ( Profit) :  0.43

RRR (Risk to Reward Ratio) = 0.57(RISKY)

E ( Entry) : 0.39 ( Ensure closed above this price)

S ( Stop Loss) : 0.32         

P ( Profit) :  0.50

RRR (Risk to Reward Ratio) = 1.57 (Slightly Rewarding)

 

Watch out for the 0.47 (20d Ma)

Resistance at  0.385 /0.445 / 0.52
Support at    0.32 / 0.3