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What indicators that you mainly use in Technical Analysis (TA)?
Moving Average (SMA/EMA)
RSI
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MACD
Ichimoku Kinko Hyo
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Sunday, 1 April 2012

Request: AEONCR

As usual, a request from visitor.
AEONCR is a Finance counter.

Last Friday share was closed at RM8.90. In the past 2weeks, volume traded quite low.
Share has been on run for a long time. since march last year, price has moved from RM3.50 to RM9, an increase of more than 150%.



     
    Lets see what potential it can be. 
  1. ADX showing long trend with +DI still above -DI.
  2. OBV getting higher.
  3. RSI, Stoch & Wm%R, have been in oversold area almost 1month.
  4. MFI start to going down. Last week, price managed to go near RM8.90 with very low volume. Not a good sign.
  5. If uptrend is persist, next target is RM9.10.\
  6. If Parabolic still green, possible to go above RM9 soon.
Hopefully with Finance sector seems to be bullish, this factor could push this share to another high or perhaps, trader will start taking profit after a long run.
Trade with cautious for swinger.

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