Thursday 28 July 2011

Case Study - CHHB


1. Trendline: Sideway (Neutral)
2. Bollinger Band: Start to squeeze, pending breakout (Neutral)
3. Candle Stick: White Body (Bullish)
4. ADX: Uptrend with strong momentum (Bullish)
5. MACD: fluctuating above 0 (Neutral)
6. RSI: Rebounce from 30%, pending break 50% (Bullish)
7. Stochastic: Break 50% (Bullish)
8. Volume Distribution: High buying pressure (Bullish)


Conclusion: 5 Bull 3 Neutral

Entry Price: 1.21
profit Taking: 1.24,1.28, 1.34,1.41
Cut Loss: 1.14

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