1. Trendline: Uptrend (Bullish)
2. Candle stick : White long body (Bullish)
3. Support : Above 20, 50, 200 EMA (Bullish)
4. Bollinger band, Both upper & lower band narrowing, pending breakout (Neutral)
5. ADX : uptrend with moderate momentum (Bullish)
6. MACD : 4R1G (Bullish)
7. RSI : Rebounce and break 50% (Bullish)
8. Stochastic : Bullish crossover and touching 80% (Bullish)
9. Volume Distribution : High selling pressure from SHARKs to retailer close to end of market (Bearish)
Conclusion: 7 Bull 1 Bear 1 Neutral
Entry Price : 4.23
Profit Taking: 4.29, 4,36, 4.42, 4.48
Cut Loss : 4.19
Remarks: Beware of the selling pressure big sharks. Advice to monitor closely on the volume distribution, if selling force from sharks continue to be high. Sell immediately!
No comments:
Post a Comment