Recent Posts - My Stocks Investing

Jaya Holding – breakout from consolidation and BULLISH!

Post author:Marubozu
Post published:September 7, 2009

Jaya Holding breakout from consolidation today after one month with a closing marubozu candle. All Standard Six Technical indicators show bullish convergence.

Stock price above 20D, 50D and 200D MA.
Stock price above Parabolic SAR line
Stock price at the upper Bollinger Band.
MACD blue line cross red line at upper half.
RSI on up trend
Stochastic Blue over Red lines on up trend.

Immediate resistance is at $0.51 and next resistance is $0.635 (161.8% Fibonacci).

Hongguo – breaking out from triangle soon but where is the direction?

Post author:Marubozu
Post published:September 7, 2009

Hongguo is going to breakout from a triangle but no clear indication where the stock price will go after the breakout. The minor up trend may not be sustainable because it is showing volume price divergence. Need to see where the next few candles go and whether it has enough volumn to support the trend.

Allgreen – breaking out from an ascending triangle soon!

Post author:Marubozu
Post published:September 7, 2009

Allgreen has a very strong resistance of $1.24 to break. If Allgreen fails the breakout in the next few days, it probably will retrace back to $0.90 (61.8% Fibonacci Retracement).