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RSAWIT - Another Plantation Counter Formed bullish harami

Written By Unknown on Thursday 4 October 2012 | 9:12:00 pm



Indicators
1 ) Trendline -  Below the down trendline (Bearish)
 2)  Support/Resistance - Formed lower Low  (Bearish)
3) MACD - 3R1G (Bullish )
4) RSI - inclining and testing the 30%  (Slightly Bullish )  .If break the 30% it will indicate more bullish
5) STO -Bullish crossover and inclining (Slightly Bullish)  .If break the 20% and it will indicate more bullish
6) Ichimoku - a) Below resistance cloud (Bearish). 
                       b) Conversion line below the base line (Bearish). 
                       c) Price below the baseline ( Bearish)
7) Candlestick BUllish Harami Bullish). 

Conclusion:
Bullish - 

Entry Price at  0.945
Stop Loss at 0.89
Take Profit at  0.965
Risk to Reward Ration ( RRR) = 0.36 (Risky)

Entry Price at  0.945
Stop Loss at 0.89
Take Profit at  0.99
Risk to Reward Ration ( RRR) = 0.82 (Slightly Risky)

Entry Price at  0.945
Stop Loss at 0.89
Take Profit at  1.06
Risk to Reward Ration ( RRR) = 2 (Rewarding)
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