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.
Thursday, 28 July 2011
Case Study - Tanco
1. Trendline: Downtrend (Bearish)
2. Bollinger band : Squeezing and potentially breakout anytime (Neutral)
3. Support : Below 20, 50, 200 EMA (Bearish)
4. Forming higher low (Bullish)
5. Candle Stick : Long white body (Bullish)
6. ADX : Uptrend with bullish crossver, weak momentum (Bullish)
7. MACD : Neutral
8. RSI: Rebounce and touching 50% (Bullish)
9. Stochastic: Bullish kissing with signal line above 80% (Bullish)
10. Volume Distribution: Strong buying force (Bullish)
Conclusion : 6 Bull 2 Bear 2 Neutral
Entry Price : 0.255
Profit Taking : 0.27, 0.30, 0.33
Cut Loss : 0.230
Labels:
TANCO
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