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 - TDM
1. Trendline : Uptrend (Bullish)
2. Candle Stick : Hanging man -- potentially bearish reversal (Bearish)
3. ADX: uptrend with high momentum (Bullish)
4. MACD : Trending up (Bullish)
5. RSI : Crossing above 70% (Bullish)
6. Stochastic: Above 80% (Bullish)
7. Volume Distribution: Shark is distributing while small & medium retailer are collecting. Beware! (Bearish)
Conclusion: 5 Bull 2 Bear
Entry Price: 3.13
Profit Taking: 3.17, 3.25, 3.33
Cut Loss: 2.99
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