Saturday, November 7, 2009

Medc

Medc energy is an oil producers company. The chart showing some signal on reversal in Medc. As we can see that medc medium term support is at around Rp. 2,600 (see graph below), with a resistant at around Rp 2,800 for tomorrow. Additionally I saw there is a doji star on candle stick arise from yesterday trading might indicate a signal for reversal. Downtrending for long time would change to uptrending if the doji star arises from candle stick pattern.

Fundamental of medc is still good and showing profit. So, the only problem to go up is the time. Do not wait, time has come be ready and get more profit for coming days. . Happy trading... Will I Am Chen .. GBU

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