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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.
Tuesday, 26 July 2011
Case Study - Ramunia
1. Trendline : Downtrend (Bearish)
2. Candle Stick : Long white body (Bullish)
3. ADX : Bullish crossover with strong momentum (Bullish)
4. MACD : Bullish Crossover (Bullish)
5. RSI : Rebounce from 30% to 50% (Bullish)
6. Stochastic : Bullish crossover with signal line break 50% and heading 80% (Bullish)
7. Volume Distribution : Strong buying force from both Sharks and retailer. (Bullish)
Conclusion : 6 Bull 1 Bear
Entry Price : 0.435
Profit Taking: 0.45, 0.485, 0.51
Cut Loss: 0.39
Remarks: Since this is a downtrend counter, please trade with extra careful. Recommend to set tight cut loss.
Labels:
RAMUNIA
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