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Monday, January 12, 2009

qmdrycell

some friends asked me to say something about this stock.my thought is:


qmdrycell is a hold.my primary buy signal of this stock was 22.12.08 and secondary buy signal was on 1.1.09. it is increasing for 13 days. i will say it may be risky for fresh buy.its rsi is greater than 72 which is a risky zone for fresh entry.
Though i have not seen any offloading volume but i want to be safe.It has some strong rumour in the market which is hammering its price up.It needs some consolidation or pullback for the fresh buy.However who are holding it can hold it before any weaksess is seen in it.

6 comments:

Anonymous said...

dear optomizer,
can you please tell me which software do you use for this analysis and how can i get that?plz give me a source of this software.

optimizer said...

i use "amibroker" for technical analysis.You can get this software in different websites.For cracked version you can make a search in the following link:

www.4shared.com

optimizer

Anonymous said...

thank you brother.
i will try.
but how i link the software with dse website for collect daily share price?

optimizer said...

Different person has developed different softwares to feed amibroker with dse data.I use DDD made by mithu vai(abyss vai,a great contributor for the development of TA in bangladesh).

Anonymous said...

dear brother
have u any plan to arrange another TA course?plz try to arrange another TA course.i want to do that.if u arrange that plz inform me at mohasin@msn.com

waiting for ur early reply

optimizer said...

i may take another course in near future.may be at the end of this month or next month.I will publish about the course on my blog.Keep an eye.
thanks