Monday 1 August 2011

Case Study - CUSCAPI


1. Trendline: Sideway (Neutral)
2. Candle Stick: Long white body (Bullish)
3. Support: Above 20, 50, 200 MA (Bullish)
4. Bollinger Band: Breakout with volume (Bullish)
5. ADX: Uptrend with moderate momentum (Bullish)
6. MACd: Bullish crossover (Bullish)
7. RSI: Rebounce from 50& (Bullish)
8. Stochastic: Bullish crossover with signal line cross above 80% (Bullish)
9. Volume Distribution: Strong buying force (Bullish)



Conclusion: 8 Bull 1 Neutral

Entry Price: 0.51
Profit Taking: 0.545, 0.57, 0.60,0.63
Cut Loss: 0.48

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