Thursday 7 July 2011

Case Study - Keuro


1. Trend Analysis: Downtrend (Bearish)
2. Higher high & higher low: (Bullish)
3. Gap up with volume greater than 40d MA (Bullish)
4. ADX: Bullish crossover with good momentum (Bullish)
5. MACD: Bullish crossover and heading 0 (Bullish)
6. RSI : Break above 30% (Bullish)
7. Sto: Break to 80% (Bullish)

Conclusion: 6 Bull 1 Bear

Entry Price: 1.16
Profit Taking: 1.19, 1.25, 1.31
Cut Loss: 1.11

RR: 0.8, 2.25, 3

Remarks: Low liquidity stock.

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