Headlines News :
Home » » KUCHAI Formed Higher Low with MACD 4R2G

KUCHAI Formed Higher Low with MACD 4R2G

Written By Unknown on Saturday, 3 November 2012 | 10:50:00 pm

Kuchai looks like on the rise after with higher low with MACD 4R2G signal..

Lets analyze the stock chart for Kuchai on 2nd November 2012




Indicators
1) Trendline - Broke above the Sideline(Bullish)
2) Support/Resistance - Formed higher low (Bullish)
3) MACD -4R2G(Bullish) . 
4) RSI - Testing 50% after rebounding from 30%(Bullish)  If break above 50% will indicate more bullish
5) STO - Bullish Crossover (Bullish). If break above 20% will indicate more bullish
6) Ichimoku -   a) Above support cloud (Bullish).
                       b) Conversion line below the base line .( Bearish
                       c) Price below the baseline ( Bearish)

Conclusion:
Bullish -
E ( Entry) :1.03( Closed at or above it)
S ( Stop Loss) : 1.01
P ( Profit) :1.05
RRR (Risk to Reward Ratio) =1 (Average)

E ( Entry) :1.03( Closed at or above it)
S ( Stop Loss) : 1.01
P ( Profit) :1.07
RRR (Risk to Reward Ratio) =2 (Rewarding)


Resistance at 1.02 / 1.06 / 1.08  
Support   at 1.00 / 0.97 / 0.95 









Nuffnang Ads
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