PWROOT - supplies good and yummy Tongkat Ali Coffee. This is a good energy boost for us investor before the market session open at 9am .
Based on the Stock Forum and Discussion, we had discuss about this counter to enter at 1.03 and now it is 1.07. Let hope it will reach our target price for profit taking
Let check on the Stock Analysis Chart for Power Root on 14 September 2012
Indicators
1 ) Trendline - Above uptrend line (Bullish)
1 ) Trendline - Above uptrend line (Bullish)
2) Support/Resistance - formed Higher Low (Bullish)
3) MACD - Formed MACD 4R2G (Bullish).
3) MACD - Formed MACD 4R2G (Bullish).
4) RSI - Hovering below 50% - Waiting for a white candlestick and break above 50% to formed bullish
5) STO - Formed Bullish Crossover and broke above 50% - (Bullish)
6) Ichimoku -a) Above support cloud (Bullish). b) Conversion line above the base line (Bullish).
c) Price above the baseline ( Bullish)
7) Candlestick - Formed Spinning top - Possible forming a bullish flag or a pennant. Another pattern of decision making whether to proceed to bullish or go back to bearish.
Conclusion:
Bullish -
E ( Entry) : 1.03
S ( Stop Loss) : 0.94
P ( Profit) :1.14
RRR (Risk to Reward Ratio) = 0.89 (Slightly Risky)
E ( Entry) : 1.03
S ( Stop Loss) : 0.94
P ( Profit) :1.25
RRR (Risk to Reward Ratio) = 2.44(Rewarding)
Resistance at 1.12 / 1.27/ 1.36
0 comments:
Speak up your mind
Tell us what you're thinking... !