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.
Wednesday, 6 July 2011
High High Sapcres High
1. Trend Analysis : Uptrend (Bullish)
2. Higher high and higher low : (Bullish)
3. Candle stick: long white body with great vol -- above 40 days moving average (Bullish)
4. ADX : Uptrend with strong momentum (Bullish)
5. MACD: Bullish crossover (Bullish)
6. RSI : Cross 70% (Bullish)
7. Stochastic : Cross 80% (Bullish)
Conclusion: 7 Bull 0 Bear
Entry Price: 4.55
Profit Taking: 4.65, 4.75,4.87
Cut Loss: 4.30
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