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Sunday, April 8, 2012

Bursa Stock : MRCB (1651) ( SELL….SELL..SELL.. )

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From tokancorner view

Bursa Stock : MRCB (1651) ( SELL….SELL..SELL.. )

Why ????

Observation From Chart:

MRCB (1651)  has broken (Z) baseline support and rushing down now. Still maybe there will be a minor pullback but 1.870 will become resistance at that time.

Suggestion :

Sell…. Sell…sell… save your pockets from burned !!!

Start collecting at

1. =/> 1.630 + area or at 78.6% fib based on X-Y retracement or

2. Start collecting at 1.480 + area

CL : < 1.480 area ( use risk management 2 % / 3 %/ 5 % suite your self )

 

TP : 1) 1.870 2) 2.260 3) 2.500 ^_6

Just my 2 cent of view @ http://tokancorner.com/

 

1651

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