Tuesday 28 June 2011

Case Study - UEMLAND

1. Trend Analysis: Breakout symetry triangle with vol above 40d moving average(Bullish)
2. Candle Stick : shooting star (potentially bearish reversal) - pending confirmation
3. ADX : Trending up above 20 (Bullish)
4. MACD : Bullish crossover above 0 (Bullish)
5. RSI : Crossing 70% (Bullish)
6. Stochastic : Crossing 80% (Bullish)

Entry Price : 2.88
Profit: 2.93, 2.98, 3.23
Cut Loss : 2.80

Resistance: 2.95, 3
Support : 2.82, 2.78

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