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.
Tuesday, 26 July 2011
Case Study - EPMB
1. Trendline : Downtrend (Bearish)
2. Candle Stick : Long White Body (Bullish)
3. Support : Above L1 line and 20, 50 200 EMA (Bullish)
4. Bollinger Band : Breakout BB Squeeze with volume greater than 30 EMA (Bullishe)
5. ADX : Uptrend with strong momentum (Bullish)
6. MACD : Bullish crossover and pending to cross 0 from bottom (Bullish)
7. RSI : Break 70% (Bullish)
8. Stochastic : Break 80% with bullish crossover (Bullish)
9. Volume Distribution :High buying pressure especially close to market end (Bullish)
Conclusion : 8 Bull 1 Bear
Entry Price; 1.02
Profit Taking: 1.05, 1.11,1.17
Cut Loss : 0.92
Labels:
EPMB
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