Monday 25 July 2011

Case Study - Kulim (Monitor for BB Squeue Breakout)


1. Trendline: Sideway (Neautral)
2. Candle stick : white candle Bar (Bullish)
3. Bollinger Band squeue for 1 month pending breakout -- (Neautral)
4. Moving above 20, 50, 200 EMA (Bullish)
5. ADX: Uptrend with weak momentum (Bullish)
6. MACD : 3R2G (Bullish)
7. RSI: Break 50% (Bullish)
8. Stochastic: Break 50% with bullish crossover (Bullish)
9. Volume Distribution: Selling force is high (Bearish)





Conclusion: 6 Bull 1 Bear 2 Neautral

Entry Price : 3.61
Profit Taking: 3.66, 3.95
Cut Loss: 3.46

Remark: Monitor for BB breakout with entry price and TP above.

1 comment:

  1. 3.80 hit today. Heading 3.95. For those who follow on wc (TP = 1.30 reached, entry price 1.04)
    Good luck!!!

    ReplyDelete