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.
Sunday, 10 July 2011
Case Study - FAVCO
Per King's request as below:
1. Trend Analysis : Uptrend (Bullish)
2. Higher high formed (Bullish)
3. Candle stick: retrace after hitting resistance (Bearish)
4. ADX: Bullish with weak momentum (Bullish)
5. MACD: Bullish
6. RSI : Belwo 30% (Bearsih)
7. Sto: Crossing towards 20% (Bearish)
Conclusion: 4 Bull 3 Bear
Entry Price: 1.53
Profit Taking: 1.63, 1.78
Cut Loss 1.38
Labels:
FAVCO
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