4-Apr-2013 (BUY)
1. Crossed 200 DMA – bullish.
2. The resistance lines are shown on
chart. It’s broken 2, and at third resistance.
3. BB SMA 20 Crossed.
4. Volume increased.
5. MACD Crossover
5. MACD Crossover
( Note - This stock may retrace (kinda pullback, take support at the given lines and shoot)
One one precaution - it's not broken 168 (previous TOP) yet so unconfirmed that it's in uptrend. This is again trading against trend where I have burnt my money. Let's watch.
ReplyDeleteIt's gone down, but did not go below the first support in the chart (163.82). Good to see what happens on Monday. Is it in pullback mode as expected?
ReplyDelete