Poll

What indicators that you mainly use in Technical Analysis (TA)?
Moving Average (SMA/EMA)
RSI
Stochastic
MACD
Ichimoku Kinko Hyo
Volume
Momentum
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Wednesday, 28 March 2012

A glance on Hubline

Someone requested me to do TA on Hubline.
Lets see my opinion on this counter.

previously, there were 2 triangle created before. 1 more is on the way. If we take the previous low a a based, we will get projected price as in the chart.





for the 1st triangle, price projected was correct, where next TP was around 0.105.
Then 2nd triangle, price went to 0.100.
And the 3rd triangle, we will see probably next target is 0.09.

for those who want to buy, just buy lower at 0.08.
But for me, profit margin has became more small and hard to make profit.

As for other indicators, OBV is still high, mean possible of 0.09 TP.
With MFI & RSI are to stay more than 50%, and Stoch & Wm%R in up way.

As for Warrant, probably will stay at the current price if mother about to go up to 9cent only.

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