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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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Saturday, 24 March 2012

Request: INTEGRA bearish possibility

Hi All.
Happy Saturday. Hope you guys have a wonderful weekend.
As usually, my visitor has made a request about INTEGRA.

There is 2 possibilities.
  1. If this share about to rebound after a big flop/gap down, then there is possibility to go up back to RM1.36 with condition of price could not go lower than current price.
  2. There are many signal that this share will drop more. if it does, then next price is RM1.28, if persist then 1.26. Lets see what are the points of bearish.
    1. price has break the 1st resistance of cloud. Expecting to break 2nd resistance at RM1.27 soon. if once break 2nd resistance, possible going down further.
    2. From CCI indicator, if dark green is created below -100, there is possibility another bearish and more big dark green will be created.
    3. MACD seems to be long bearish
    4. Stochastic went down to be at oversold.



Lastly, this is only my opinion. Don't let this opinion reflect your emotion and affect your judgement.

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