Tuesday 26 July 2011

Case Study - QSR


1. Trendline : Uptrend (Bullish)
2. Candle Stick : Long white body (Bullish)
3. ADX : Uptrend with strong momentum (Bullish)
4. MACD : Trending up from 0 with bullish crossover (Bullish)
5. RSI : Above 70% (Bullish)
6. Stochastic : Above 80% (Bullish)
7. Volume Distribution : High buying force by big shark at market end (bullish)


Conclusion: 7 Bull

Entry Price: 6.30
Profit Taking: 6.60, 6.81
Cut Loss : 6.09

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