Thursday 30 June 2011

Case Study - Kurasia

2011 June 28
1. Trend Analysis: Higher high & higher low -- uptrend & retracing (Bullish)
2. Candle Stick: hammer -- bullish reversal (Bullish)
3. ADX: Good momentum (Bullish)
4. MACD: Trend up (Bullish)
5. RSI: Above 70% (Bullish)
6. Stochastic: Above 80% (Bullish)

Conclusion: 6 Bull 0 Bear

Entry Price: 0.505
Profit Taking: 0.52, 0.535, 0.55, 0.565
Cut Loss: 0.46

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