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.
Thursday, 28 July 2011
Case Study - KUB
1. Trendline : Consolidatoin in symmetrical triangle which pending breakout, Sideway (Neutral)
2. Bollinger band: Lower band start to move upward, indication of short term uptrend (Bullish)
3. ADX: Uptrend with weak momentum (Bullish)
4. MACD: Neutral
5. RSI : Rebounce towards 50% (Bullish)
6. Stochastic: Bullish crossover with signal above 80% (Bullish)
7. Volume Distribution: Buying pressure is high close to market end (Bullish)
Conclusion: 5 Bull 2 Neutral
Entry Price: 0.77
Profit Taking: 0.78, 0.81, 0.84
Cut Loss 0.75
Remarks: Only buy when symmetrical triangle breakout with volume support. Also, the breakout should would expand BB and make the price volatile.
Labels:
KUB
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