Which stocks to buy today
MOYA ASIA (5WE)
RATIONALE BEHIND SIGNAL
Stock is now bouncing from bottom on chart and may bounce more till the level of 0.13. if we analyze daily chart of stock it has consolidation, immediate resistance was placed at 0.12 and now if it manages to sustain above this level we can expect further targets of 0.13
Suggest midterm investors to pick stock at 0.122 . Stock has a major support of 0.114.
Overlays:
Bollinger Band: Stock has crossed the mid band on 0.121 & now trading @ 0.123.
Indicator & Oscillator
MACD- MACD momentum above Signal line which is indicating bullish signal.
RSI –Relative strength Index is near 86.67 and sustaining above the level giving confirmation to positive trend.
Stochastic: K% Crossed D% which indicates bounce from bottom.
Happy Trading..... :)
Keep reading for more updates...
Keep reading for more updates...
Thank you :)
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