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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.
Monday, 11 July 2011
Case Study - FBM KLCI retracement in place?
1. Trendline: Uptrend (Bullish)
2. Higher high & higher low: (Bullish)
3. ADX:Uptrnd with good momentum (Bullish)
4. MACD: Trending up (Bullish)
5. RSI: Above 70% (Bullish)
6. Sto: Bearish crossover and break below 80% (Bearish)
Conclusion: 5 Bull 1 Bear
Entry Price: 1601
Profit Taking: 1609, 1618
Cut Loss: 1581
Labels:
FBM KLCI
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