Monday 4 July 2011

Case Study - Ulicorp


1. Trend : Uptrend (Bullish)
2. Forming higher low (Bullish)
3. Candle Stick: Long White Bar (Bullish)
4. ADX : Above 40 -- Oversold, +DI is above -DI --> Uptrend with strong momentum (Bullish)
5. MACD: 4R2G and potential bullish crossover (Bullish)
6. RSI:  Break 30% (Bullish)
7. Stochastic: Break50% with bullish crossover (Bullish)

Conclusion: 7 Bull 0 Bear

Entry Price: 1.19
Profit Taking: 1.28, 1.42
Cut Loss: 1.1

No comments:

Post a Comment