This analysis is for my bro, Mr. Nga:
1. Trendlline: Downtrend (Bearlsh)
2. Higher high & higher low (Bullish)
3. ADX : Good Momentum (slowing down) with uptrend (Bullish)
4. MACD : Touching 0 -- Pending 4R1G (Neautral)
5. RSI : Above 50% - Pending crossover to 70% (Neautral)
6. Stochastic: Bullish / bearish kissing above 50% - pending confirmation if bull or bear (Neautral)
Conclusion : 2 Bull 1 Bear 3 Neautral
Entry price: 1.57
Profit Taking: 1.62, 1.68, 1.79
Cut Loss: 1.48
Remarks: Advisable to wait for confirmation on tomorrow on several indicators (neutral as of today). If desperate on counter above, can considered to enter at 1.57 with high buy momentum on tomorrow.
Good Luck and happy trading!!!!
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