Wednesday 3 August 2011

Case Study - CAREPLS


1. Trendline: Uptrend (Bullish)
2. Candle Stick: Bullish Engufy (Bullish)
3. Bollinger Band: Squeezing (Neutral)
4. ADX: uptrend with strong momentum (Bullish)
5. MACD: turning down (Bearish)
6. RSI: Rebounce and break 50% (Bullish)
7. Stochastic: Bullish crossover and break 80% (Bullish)
8. Volume Distribution: Strong buying force (Bullish)


Conclusion: 6 Bull 1 Bear 1 Neutral

Entry Price: 0.515
Profit Taking: 0.54, 0.56
Cut Loss: 0.49

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