JCY Formed MACD 4R1G

Been monitoring this counter since 8 November after it broke above the sideway trend at 0.74 and it rebound and formed a higher low.

Indicators

1) Trendline - Above Uptrend line (Bullish)
2) Support/Resistance - Formed higher low and higher high (Bullish)
3) MACD -Formed 4R1G  (Bullish)
4) RSI - Broke above 70% (Bullish)

5) STO - Bullish Crossover and broke above 80%  (Bullish) . 

6) Ichimoku - a)   Starting to penetrate the support cloud  (Slightly Bullish).
                       b) Conversion line above the base line . ( Bullish)
                       c) Price above the baseline (Bullish)

7) Candle Stick - Bullish Engulfing (Bullish)

Conclusion:
Bullish - 
Broke the resistance at 0.815 and heading toward next resistance at 0.91..

Buy Call on 15 November 2012

E ( Entry) :0.78( Meet the entry price on Nov 14)

S ( Stop Loss) : 0.72

P ( Profit) :0.89

RRR (Risk to Reward Ratio) =1.83 (Rewarding)

E ( Entry) :0.81( Closed at or above it)

S ( Stop Loss) : 0.77

P ( Profit) :0.89

RRR (Risk to Reward Ratio) =2 (Rewarding)

Resistance at  0.91 / 1.01/ 1.06 

Support   at  0.82 / 0.795 / 0.74 / 0.7 / 0.65 / 0.615