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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Thursday, 5 April 2012

Request: EAH

A request from visitor for EAH

Current Closed price = 0.18
1st target down = 0.175
2nd target down = 0.165

If you check on this company, from 2010 until now, the share pattern is in depreciation. If the pattern keep on the same, soon, this stock probably will become penny stock priced less than 10cent.




Lets check for short term possibility.
  1. ADX = signal line below 20, with -DI above +DI. Not a buy sign.
  2. CCI = creating mountain below -100, and crossing -200.
  3. MFI is going down below 50%.
  4. RSO going down to 30% and in oversold area which mean, sell sentiment is strong.
  5. Stoch and Wm%R, both are going down and in oversold.
  6. MACD become more worst, going down more deeper.
 Summary
There is possibility that this share going to drop more. And obviously, this stock is not good for mid or long term.. Soon, this stock will be goreng2..

Anyway, this is my point of view.



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