Tuesday, 26 July 2011

Case Study - Daiboci


1. Trendline: Sideway (Neautral)
2. Candle Stick : Long white body (Bullish)
3. Bollinger Band : Breakout with high volume, Upper & Lower band open increase price volatility (Bullish)
4. ADX : Uptrend with strong momentum (Bullish)
5. MACD : 4R1G (Bullish)
6. RSI : Break and stay above 70% (Bullish)
7. Stochastic : Break and stay above 80% (Bullish)
8. Volume Distribution: Strong buying pressure (Bullish)


Conclusion: 7 Bull 1 Neautral

Entry Price:  2.88
Profit Taking : 3.01, 3.15
Cut Loss : 2.78

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