Thursday, 28 July 2011

Case Study - MBSB


1. Trenline : Sideway (Neutral)
2. Candle Stick: Long white candle (Bullish)
3. Bollinger Band: Both upper and lower band is widening, thus increase the volativility of price (Bullish)
4. Support: Above 20, 50 EMA (Bullish)
5. ADX: Uptrend with weak momentum (Bullish)
6. MACD: Forming bottom round and break 0 (Bullish)
7. RSI : Rebounce and break above 50% (Bullish)
8. Stochastic: Break 80% (Bullish)
9. Volume Distribution: High buying force (Bullish)


Conclusion: 8 Bull 1 Neutral

Entry Price : 1.48
Profit Taking: 1.57, 1.63, 1.71
Cut Loss: 1.44

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