The blog is with intention to enhance and polish your wealth management skills. Let's learn up the skill set to pick up the bull running hot stock for the day... We will discuss it based on TA (Technical Analysis). We will learn to establish a good TP (trading plan) and be disciplined in trading. Most importantly, we could learn from the friend all around the world. This blog is definitely able to provide a platform to TA devourer for in-depth discussion.
Thursday, 28 July 2011
Case Study - Bertam
1. Trendline: Sideway (Neutral)
2. Bollinger Band : BB breakout with volume after 2 weeks squeezed, both upper and lower band are widening which increase the volatility of price (Bullish)
3. Candle stick: white long body (Bullish)
4. ADX: uptrend with weak momentum (Bullish)
5. MACD: Forming bottom round and approaching 0 (Bullish)
6. RSI : Touch 70% (Bullish)
7. Stochastic: Rebounce and above 80% (Bullish)
8. Volume Distribution: High buying pressure (Bullish)
Conclusion: 7 Bull 1 Neutral
Entry Price: 0.785
Profit Taking: 0.82, 0.87, 0.91
Cut Loss: 0.74
Remarks: Beware of false breakout as high selling pressure by Sharks close to market end.
Labels:
BERTAM
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