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.
Monday, 25 July 2011
Case Study - Ranhill
1. Trendline : Downtrend (Bearish)
2. Candle Stick : White Body (Bullish)
3. ADX: Uptrend with strong momentum (Bullish)
4. MACD: Forming rounding bottom and cross 0 (Bullish)
5. RSI : Rebounce from 70% (Bullish)
6. Stochastic: Rebounce from 80% (Bullish)
7. Volume Distribution : Buy force from retailer is high while big shark is selling. Potential of distribution of SM to retailer. (Bearish)
Conclusion : 5 Bull 2 Bear
Entry Price: 0.73
Profit Taking: 0.75. 0.79, 0.81
Cut Loss: 0.67
Labels:
RANHILL
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