Amedia - Bollinger Squeeze..

Amedia is currently in the bollinger band squeeze for 1 week and awaiting the right signal to boom up or down.. Those who are holding it be prepared for any surprises whether it is good or bad..

Indicators

1) Trendline - Side way trend between 0.465 and 0.315

2)  Support/Resistance - Formed lower high (Bearish)

3) MACD -  Waiting for 4R1G signal

4) RSI -Stagnant at the  55% to 65 %.. If break above 70% will indicate bullish and retrace toward 50% will indicate bearish 

5) STO - Bearish Crossover and retracing towards 50%  (Bearish) 

6) Ichimoku -  a) Price below support cloud (Bearish).
                          b) Conversion line below the base line (Bearish).
                          c) Price below the baseline ( Bearish)

7) Chart Pattern - Bollinger Squeeze.. Bandwidth at the lowest level and waiting to bollinger band breakout. What is Bollinger Squeeze.. Click here..

Conclusion:

Bearish - Waiting for 4R1G signal accompany with bollinger band breakout above..

Risky Breakout but big gain 

E ( Entry) : 0.4 ( Ensure closed above this price)

S ( Stop Loss) : 0.36      

P ( Profit) :  0.455

RRR (Risk to Reward Ratio) = 1.37 (Average)

E ( Entry) : 0.4( Ensure closed above this price)

S ( Stop Loss) : 0.36      

P ( Profit) :  0.5

RRR (Risk to Reward Ratio) = 2.5 (Slightly Rewarding )

E ( Entry) : 0.4 ( Ensure closed above this price)

S ( Stop Loss) : 0.36      

P ( Profit) :  0.61

RRR (Risk to Reward Ratio) = 5.25  (Rewarding )

Slow and Steady Buy Call

E ( Entry) : 0.47 ( Ensure closed above this price)

S ( Stop Loss) : 0.40     

P ( Profit) :  0.59

RRR (Risk to Reward Ratio) = 1.71 (Slightly Rewarding)

Resistance at  0.4 / 0.465 0.52

Support at    0.385 / 0.32 / 0.3