HSL AND MUDA

Hi All,

Make small paper profit today by entering HSL at 1.35 and still waiting to sell at target price 1.45 tomorrow. Today i covering HSL and MUDA.

HSL

Chart Orientation

HSL break out Bollinger Band at 1.34 then move up with high volume before closed at 1.38 forming a MARUBOZU candlestick.  Target price at 1.45, 1.50 then next target should be 1.73.  A Gap sighted during opening at 1.33-1.34.  Next chart.

Indicators

Indicators wise:

From top, 1) accumulation spike up

                 2) stochastic below 80%

                 3) momentum in progress moving up

MUDA

Muda chart show a pole and a flag.  This is one of the bullish chart pattern.  2 gaps sighted, waiting for the 3rd gap and the last one before thinking of selling. Closing show Harami bullish candlestick pattern as per  below:

 Indicators

From top, 1) accumulation flat

                 2) MACD above 0

                 3) momentum move up

                 4) stochastic 65%

I will scan tonite for picking another 1 counter to trade tomorrow using Screener TRADE SIGNUM. 

Happy Trading!!!