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, 3 April 2012

SOLUTN on trending

Let's analyze SOLUTN's chart.

  1. Parabolic is still green despite price dropped from 0.145 to 0.135.
  2. MFI still remain above 80% even price dropped.
  3. RSI still stay above 50%.
  4. Stoch & Wm%R, look going down and got sign to reverse. probably current price is better price to go in.
  5. CCI, today trade got sign of go up.
  6. ADX = +DI and -DI getting bigger. Signal line is above 20 for quite sometime and now going to 40 and above.
  7. Today volume low, waiting for another big volume to come in.
There is possibility this share going to go up again. For those who scare, just secure 1cent profit margin. Those who believe this share can go up, maybe 0.155 not possible, or perhaps could fly as previous high of  0.165.
A gently advice= just secure profit once go up.
Happy trading.

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