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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Showing posts with label IGB. Show all posts
Showing posts with label IGB. Show all posts

Friday, 7 December 2012

CANONE & IGB

No comments:
CANONE (5105)

Current Price = RM2.31
Target = RM2.36 / RM2.46

Pattern quite similar to JOHOTIN.. Hope JOHOTIN will rebound later and dont miss the opportunity.. Nevermind, ignore JOHOTIN.. Back to CANONE, got bullish divergence on RSI.. Perfect condition to break into cloud and pass through it.. hope index will keep on bullish so that would get perfect momentum and drive it to pass the cloud resistance..

Resistance will be at 2.33, the highest of 4 days ago.. after that, follow the cloud for you to take profit..