Thursday, 28 July 2011

Case Study - Farlim


1. Long term Trenline: Downtrend (Bearish)
2. Forming higher low (Bullish)
3. Bollinger Band : Upper band expanding upper while lower band flat, uptrend in shorterm (Bullish)
4. Support : Above 20, 50 EMA, below 200 EMA -- conincident become resistance on 25'May & 26'July (Neutral)
5. ADX : Uptrend with strong momentum (Bullish)
6. MACD : singal line trending up above 0 (Bullish)
7. RSI: Above 50%, pending breaking 70% (Neutral)
8. Stochastic: Bearish crossover (Bearish)
9. Volume Distribution:

Conclusion: 5 Bull 2 Bear 2 Neutral

Entry Price: 0.33
Profit Taking: 0.345, 0.37,
Cut Loss: 0.315

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