Syndicate Club

MIECO Is Ready breakup to $0.80/0.830

Speculator101
Publish date: Tue, 07 Apr 2015, 01:16 AM
The stock market revolves around the simple principles of accumulation and distribution, which are
processes that are not well known to most traders.
Perhaps you can now appreciate the unique position that the market-makers, syndicate traders, and other
specialist traders are in – they can see both sides of the market at the same time, which represents a
significant advantage over the ordinary trader.

I am stay bullish on MIECO and forcast it will breakaway from imediate resistence at 0.745/0.755 and heading to $0.80/0.830, the conclusion I make is base on the technical analysis as stated below

  1. Hidden divegent formation is comfirm the up-tend will continue.
  2. RSI was reversing up at above 50, this is very bullish implication.
  3. Stochastic cross over is given buy signal
  4. Last Friday contrarian ease away, this will reduce resistance when price is being pushing up
  5. Monday Open with GAP UP and comfirm with volume incresed, this is very solid evident, this stock is being mark up with LESS SUPPLIER.

The chart below show an Pennent formation and it also had signal every ready breakout. I am pretty much confident it surpasss 0.745/755 and heading to 0.80/0.83

I will buy on tomorrow morning open market, Target prices as 0.80/0.830.

SL is <0.660

 

 

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Be the first to like this. Showing 3 of 3 comments

edwin_stockC

Hamtam lah ...ini kali lah

2015-04-07 07:54

kuatcong123

Mau naik ini hari lah..

2015-04-07 07:56

saltedfish

Buy shares base on TA instead of whats happening in the company, sure die faster. Lol

2015-04-07 23:23

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