On 20 December it has formed another higher low at 2.41 and hooking upwards again for another bull run.
Indicators
1 ) Trendline - Above the uptrend ine .. ( Bullish)
2) Support/Resistance - Formed higher high and formed higher low ( Bullish)
3) MACD -Formed 4R1G ( Bullish) .
4) RSI - Rebounding from 50% and testing 70% (Bullish) ,
5) STO -Starting of Bullish Crossover ( .Bullish)
6) Ichimoku - a) Price above the support cloud ( Bullish)
b) Conversion line above the base line ( Bullish)
c) Price close above the baseline ( Bullish)
Conclusion:
Bullish
If break above 2.46 and 2.5 it will show another higher high and potential to reach the next resistance at 2.65
Resistance- 2.46 / 2.5 / 2.65
Support - 2.36 2.28 / 2.25 / 2.22 / 2.2 / 2.16 / 2.12
benson911
Is it Naim will be cheaper entry into Dayang?
2012-12-23 19:12