Monday 25 July 2011

Case Study - Tambun

1. Trendline: Sideway (Neautral)
2. Candle Stick : White Body (Bullish)
3. Support : Above 20 & 50 EMA (Bullish)
4. ADX: Uptrend with weak momentum (Bullish)
5. MACD: Bullish Crossover (Bullish)
6. RSI: Cross above 50% (Bullish)
7. Stochastic: Cross above 80% (Bullish)
8. Volume Distribution: High buying pressure (Bullish)


Conlcusion : 7 Bull 1 Neautral

Entry Price: 0.78
Profit Taking: 0.80, 0.82, 0.86,
Cut Loss: 0.75

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