Wednesday 27 July 2011

Case Study - Hiro


1. Trendline : Sideway (Neutral)
2. Candle Stick : White body (Bullish)
3. Bollinger Band : Both upper & lower band opening start to widen, price might more volatility (Bullish)
4. ADX : Bullish crossover, uptrend with moderate momentum (Bullish)
5. MACD : Bullish crossover (Bullish)
6. RSI : Breakout 50%, pending break up 70% (Bullish)
7. Stochastic : Break up 80% (Bullish)
8. Volume Distribution : High buying force especially close to market end. (Bullish)


Conclusion : 7 Bull 1 Neautral

Entry Price : 0.81
Profit Taking : 0.825, 0.84, 0.86(TP1), 0.88, 0.90 (TP2)
Cut Loss: 0.79

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