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 - 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
Labels:
FARLIM
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