Friday, April 9, 2010

Muhibbah Engineering, Signal Appears


Buy signal for Muhibbah Engineering based on below technical indicators;
SMA
  • 20-day MA (green line) has crossed 50-day MA (red line). It is buy signal
  • Price moving above both 20-day MA and 50-day MA – showing moving uptrend

SLOW STOCHASTIC
  • Both Stoch %D (green line) and Stoch %K (blue line) moving uptrend where blue line (%K) always moving above green line (%D) à indicating uptrend movement.

MACD
  • MACD line (blue bar)has crossed signal line (green line) à good buy signal
Conclusion is good for buy....


- Sabri Jalil

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