Headlines News :
Home » » Pantech formed higher low

Pantech formed higher low

Written By Unknown on Thursday 22 November 2012 | 8:52:00 pm

After a good quarter result with inclining price of it stock.. This is a counter to keep and invest..




Indicators
1) Trendline - Uptrend (Bullish)
2)  Support/Resistance - Formed higher low  (Bullish)
3) MACD - Bullish Crossover . (Bullish)
4) RSI -Inclining towards 70%  (Slightly Bullish)
5) STO - Inclining towards 80% (Slightly Bullish
6) Ichimoku -  a) Price below above cloud (Bullish).
                          b) Conversion line above the base line (Bullish).
                          c) Price above the baseline ( Bullish)
7) Chart Pattern - Bullish Flag breakout but without high volume.. (Slightly Bullish
Nuffnang Ads


Conclusion:
SLightly Bullish after bullish flag breakout but the lack of volume does not satisfy the pattern much but anyhow it formed a higher low ..


E ( Entry) : 0.715 (Closed at or above it) 
S ( Stop Loss) : 0.69     
P ( Profit) :  0.745
RRR (Risk to Reward Ratio) = 1.37 (Average)

E ( Entry) : 0.715 (Closed at or above it) 
S ( Stop Loss) : 0.69     
P ( Profit) :  0.755
RRR (Risk to Reward Ratio) = 2.5 (Slightly Rewarding )


Resistance at 0.715 / 0.74 / 0.745 / 0.76  / 0.785
SUpport at 0.7/ 0.69 / 0.68 /0.65





Share this article :

0 comments:

Speak up your mind

Tell us what you're thinking... !

MY WATCH LIST

Check out my current investment

The Stock Library Chat

SPONSOR

KLSE

The Edge Malaysia Business & Markets

Business Times : latest

Followers

Network Follower

 
Support : Creating Website | Johny Template | Mas Template
Proudly powered by Blogger
Copyright © 2011. The Stock Library - All Rights Reserved
Template Design by Creating Website Published by Mas Template