Monday, October 12, 2009

20091012 1425. Proton Weekly Chart. Should you buy a proton ?



Looking at Proton weekly chart will trading above mid Bollinger Band with Bollinger Band width continue to widen = Bullish with uptrend still intact. MACD histrogram still stay above positive zone but falling gratually = No much selling activity. At last done price advanced up 11 cents supported with volume today making a swing up after hitting recent low of RM3.91. 


Buy :4.11 
Target : 4.77. 
Stop : 3.89


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