Wednesday 6 July 2011

Case Study - MRCB


1. Trend: Consolidation with Symetry Triangble (Side Way)
2. RSI: Break down 30% (Bearish)
3. ADX: Good momentum (Bullish)
4. MACD: Bullish Crossover (Bullish)
5. Stochastic: Bullish Crossover above 50% (Bullish)

Conclusion: 3 B 1 Bear 1 Neautral

Advice: Pending buying signal when breakout above 2.28

Entry Price: 2.30
Profit Taking: 2.39, 2.58
Cut Loss: 2.20

1 comment:

  1. Yeah... Testing our first lvl resistance 2.35. If break then ll be heading 2.41. Go Go MRCB GO!!!!

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