Monday, July 14, 2008

SPC (Final)

OK, just an final update before the battle ;)
Often, one signal/indicator is not enough to confirm the trend and breakup. Hence a few are usually used to positively confirm and reduce the margin of errors. So what got here?

1. Alligator mouth opening up for action (3 moving average lines branching out)
2. GMMA (Guppy Multiple Moving Average) signals crossover to bullish trend
3. MACD inching up
4. Stochastic hook up again

It's look affirmative. The last close price is $.698, ideally I could like to have it at $6.85 (which is around 50% ~ 62% fibonaaci). Well, I think $6.9 will do, 1st target $7.8, 2nd target $8.2 ..... let see if these work out by end of next week. :D


= THE END =

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