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.
Wednesday, 27 July 2011
Case Study - Media
1. Trendline : Consolidation for 2.5 months (Neautral)
2. Bollinger Band : Upper band start to opern which would increase volatility (Bullish)
3. Candle Stick: White Body (Bullish)
4. ADX : Uptrend with moderate momentum (Bullish)
5. MACD : Bullish kissing above 0 (Bullish)
6. RSI : Rebounce from 50%, pending break up 70% (Bullish)
7. Stochastic : Rebounce and break 80% (Bullish)
8. Volume Distribution :Big selling force from big shark at end of market. Overall, both selling and buying force are comparable today. (Neutral)
Conclusion : 6 Bull 2 Neautral
Entry Price : 2.92
Profit Taking : 2. 96, 3.05, 3.15, 3.24, 3.32
Cut Loss : 2.81
Remarks: Please pay extra careful when trade with this counter to prevent in trapping in the sideway.
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MEDIA
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