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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Tuesday, 20 March 2012

Request: PADINI

Today i got a request from one of my visitor, asking about PADINI.
Lets see from my TA point of view.

Stock has been played up since it's price was 80cent in Oct 2011 to highest RM1.57.
With all indicators showing bearish, expecting price will continue drop with RM1.40 is the 1st target, then RM1.33.
Pattern of CCI seems bearish with target going down to -100.
Maybe in this week will trade in bearish mode.




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