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.
Sunday, 10 July 2011
Case Study - Ulicorp
1. Trend : Uptrend (Bullish)
2. Forming higher low (Bullish)
3. ADX : Above 40 -- Oversold, +DI is above -DI --> Uptrend with strong momentum (Bullish)
4. MACD: Potential bullish / bearish crossover 4G1R (Bearish)
5. RSI: Maintained above 50% (Bullish)
6. Stochastic: Break50% with bullish / bearish kissing (Bullish)
7. Symmetry Triangle Pattern: if breakout with TP (1.69)
8. News: ULICORP worth 2.12 per shares...
9. Volume Distribution Analysis: Big sharp is buying close to market end (14:00-15.30 time frame). Sell force are mainly from small retailer.
Conclusion: 7 Bull 1 Bear 1 Neautral
Entry price: 1.23
Profit Taking: 1.31, 1.44, 1.52, 1.67 (TP)
Cut Loss: 1.1
Labels:
ULICORP
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