Ichimoku Singapore Stock Trade of the Week (24-2-2014) U14-SES UOL

On 24th Feb 2014, We received a 4 TF buy signal for the Singapore Stock UOL.
Below is the email alert:
U14-EMAIL
 
 
 
 
 
 
 
 
When I receive the email alert, I spotted a good pullback entry level at $5.87. The stop is at $5.839 and preserve mode at $5.96. I also have a target which is at $6.108. I have a target because this bullish move is a counter trend move on the higher tf, eg daily. If it can reach the preserve mode, it will be a 300% reward risk ratio trade. The stock did reached to the target which gave a reward risk ratio of 766%.
Below is the chart:
U14-CHART
 
 
 
 
 
 
 
 
 
 
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About the Author Maneshkumar Patel