Sunday 10 July 2011

Case Study - TRC


1. Trend Analysis : Uptrend (Bullish)
2. Candle Stick: Doji testing resistance 1.84 (Undetermine)
3. ADX: Uptrend with strong momentum (Bullish)
4. MACD: Bullish Kissing (Bullish)
5. RSI: Break 50% (Bullish)
6. Sto: Bullish crossover with signal line touch 80% (Bullish)
7. Volume Distribution Analysis: Selling force is high (Bearish)


Conclusion: 5 Bull 1 Bear 1 Neutral

Entry Price: 1.84
Profit Taking: 1.87, 1.94, 1.98
Cut Loss: 1.74

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