Tuesday 28 June 2011

Case Study - Kian Joo


1. Trend Analysis : Higher High & Higher Low (Bullish)
2. ADX : Start to crossing 20 with uptrend (Start to Bullish)
3. MACD: 4R1G cross up 0 (Bullish)
4. RSI : Break out 70% (Bullish)
5. Stochastic : Break out 80% (Bullish)
6. Candle Stick : Long White Body (Bullish)

Entry Price : 2.09
Profit Taking : 2.19, 2.28, 2.40
Cut Loss : 2

Resistance : 2.21, 2.30, 2.42
Support : 2.02, 1.96, 1.91

1 comment:

  1. Yeah... Kian Joo gap up 8 sen with big volume. Reach our first profit taking level. Ready to go for next 2.28. Go go Kian Joo!

    Remarks: Kian Joo win the court case and now allow to declare bonus share and free warrant to shareholders. Wait the news out, and sell! Hold "Buy on rumors, sell on news" policy

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