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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.
Wednesday, 27 July 2011
Case Study - Hexagon
1. Trendline : Consolidation for 2 months after 'waterfall' downtrend (Neatural)
2. Break symmetrical triangle during consolidation with TP achieved (Bullish)
3. Form higher high & higher low (Bullish)
4. Bollinger Band : Both upper & lower band opening is widen (Bullish)
5. ADX: uptrend with moderate momentum (Bullish)
6. MACD : Forming a round bottom and crossing up 0 (Bullish)
7. RSI : Rebounce up from 70% (Bullish)
8. Stochastic : Rebounce and break 80% with bullish cross over (Bullish)
9. Volume Distribution : Slightly higher buying force (Bullish)
Conclusion : 8 Bull 1 Neautral
Entry Price: 0.305
Profit Taking: 0.335, 0.38
Cut Loss : 0.265
Labels:
HEXAGON
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