Showing posts with label Profit. Show all posts
Showing posts with label Profit. Show all posts

Wednesday, February 23, 2011

Ezion


On 23 Feb 2011, I have bought Ezion for contra play only since price drop so much and below 200MA.
My reason its only because there is gap down on 0.65-0.66 and according gap theory, it will cover up.

EMA: 0.663
Hammer candlestick (bullish)
Volume quite average sign of bulls haven't coming yet
Bull Power shown weakness, while Bear Power shown strength
Stochastic 13.95 shown oversold
TMF shown increase
Support/Resistant: 0.60/0.675

Buy @0.61
TP @0.65
Cut Loss @0.60
Close @0.64 (Profit 4.91%)

Saturday, February 19, 2011

Sunvic


On 18 Feb 2011 Sunvic unable to break 0.785 level for the third times.

EMA: 0.750 (uptrend)
Long upper candlestick (bearish)
Vol decrease since few days (bearish)
Bull Power decrease (weakness of trend)
Bear Power increase (confirm of bull weakness)
Stochastic: 81.63 (oversold and bearish divergence)
TMF: Negative (Distribution has started)
Support/Resistance: 0.750/0.785

Short @0.76
TP @0.70
Cut Loss @0.775
Close @0.725 (Profit 4.6%)