Monday 11 July 2011

Case Study - Return of BIMB after re-bounce at support?


1. Trend Analysis : Uptrend (Bullish)
2. Candle Stick Analysis: Inverted Hammer -- Pending Confirmation (Bullish)
3. Hihger high and higher low: (Bullish)
4. ADX: Uptrend with good momentum (Bullish)
5. MACD: Trending high (Bullish)
6. RSI: Re-bounce from 70% to higher (Bullish)
7. Sto: Touching 80% (Bullish)

Conclusioin: 7 Bull 0 Bear

Entry Price: 2.41
Profit Taking: 2. 38, 2.48, 2.57
Cut Loss: 2.26

No comments:

Post a Comment