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DRBHCOM

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Post by 8888 Mon 20 Jun 2011, 00:31

DRB HICOM broke out from symmetrical triangle!!



Everybody think this stock was a goner but since we are in Boleh Land. This stock came back to life again and now many people who are buying on tips are talking about DRBHICOM!!



Saturday Morning

Uncle A : This counter seem good and goreng

Uncle B : Wah really ah, this monday will go buy 10 lots..




Really respect this uncle all buy stock on instinct and tips..


Observation
1) Trendline - Uptrend Bullish
2) Formed lower high - bearish
3) MACD - 4R1G and bullish crossover (Bullish)
4) RSI - heading toward 70% and rebound from 50% (Bullish)
5) Sto -Bullish crossover and rebound from 50% and K% broke 80% (Short term bullish)
6) ADX - weak momentum and bullish
7) Candle Stick - bullish engulfing ( Bullish)
8) Chart Pattern - Symmetrical Triangle Break out ( Bullish) Target at 2.54

Conclusion
Just broke out from Symmetrical Triangle and if volume is above 3.9 Million with increase price high chances to follow the breakout


Entry Price 2.34
Resistance at 2.5
Support at 2.28
8888
8888
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Posts : 6667 Credits : 7168 Reputation : 50
Male Join date : 2011-01-31
Comments : Failure is just a stepping stone towards success as long as we learn from the mistake and never do it again.
Profit & Loss Winning!!!

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Post by hlk Mon 20 Jun 2011, 01:28

8888, ur going hv a v bz day ... Thumbs Up
hlk
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Post by 8888 Mon 20 Jun 2011, 06:04

hopefully will be a early morning Pt-ed, hit my target then i'll run
8888
8888
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Posts : 6667 Credits : 7168 Reputation : 50
Male Join date : 2011-01-31
Comments : Failure is just a stepping stone towards success as long as we learn from the mistake and never do it again.
Profit & Loss Winning!!!

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