May I ask which service you use to get that report?
My own
Ellies
Started by
10gbusc
, Sep 19 2014 01:47 PM
325 replies to this topic
#321
10gbusc
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Posted 19 September 2014 - 02:09 PM
#322
HDB
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Posted 19 September 2014 - 02:07 PM
down 7% today 
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#323
chrisp
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Posted 19 September 2014 - 02:01 PM
May I ask which service you use to get that report?
Trade View:
Long Ellies (ELI) @ R2.00
Technical View:
The share seems to have found a double bottom at the R1.75 level, and has since been moving higher on increasing volume.
Our Impulse system indicates we have a buy signal of short term momentum to follow.
The MACD has given us a higher low whilst the price has made the same low (Bullish Divergence).
The first target would be 50 EMA and previous resistance level at R2.35, with second target at R3.00
A trade below R2.05 with targets mentioned above, should be set with a stop loss at R1.90
This represents a reward/risk ratio of 3:1 to target 1, and 10:1 to target 2.
Edited by Christo, 19 September 2014 - 02:01 PM.
#324
10gbusc
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Posted 19 September 2014 - 01:59 PM
How do i add a picture screenshot of the chart?
#325
zoner
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Posted 19 September 2014 - 01:57 PM
About time...
Paranoid Android
#326
10gbusc
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- Members
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Posted 19 September 2014 - 01:47 PM
Trade View:
Long Ellies (ELI) @ R2.00
Technical View:
The share seems to have found a double bottom at the R1.75 level, and has since been moving higher on increasing volume.
Our Impulse system indicates we have a buy signal of short term momentum to follow.
The MACD has given us a higher low whilst the price has made the same low (Bullish Divergence).
The first target would be 50 EMA and previous resistance level at R2.35, with second target at R3.00
A trade below R2.05 with targets mentioned above, should be set with a stop loss at R1.90
This represents a reward/risk ratio of 3:1 to target 1, and 10:1 to target 2.
