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.
Saturday, 9 July 2011
Case Study - Gadang
1. Trendliline Analysis: Downtrend (Bearish)
2. Forming higher low: Bullish)
3. Candle Stick: Long white body with volume afeter dragon fly (Bullish reversal)
4. ADX: Bullish crossover with weak momentum (Bullish)
5. MACD: 4R1G with rounding bottom (Bullish)
6. RSI : Rebound at 50% and continue to rise closer to 70% (Bullish)
7. Sto: Bullish crossover and break 80% (Bullish)
8. Volume Distribution Analysis: Profit taking by some of the retailer at late trading session. However, if you observed carefully, big sharks are accumulating the stock when you are selling. Thus (Bullish)
Conclusion: 7 Bull 1 Bear
Entry Price: 0.7
Profit Taking: 0.735, 0.76
Cut Loss: 0.67
Labels:
GADANG
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