Thursday 4 August 2011

Case Study - DIJACOR


1. Trendline: sideway (Neutral)
2. Bollinger Band: squeesing, pending breakout (neutral)
3. Candle Stick : white body (Bullish)
4. ADX: UPtrend with strong momentum (Bullish)
5. MACD: Bullish kissover (Bullish)
6. RSI: Breakout 50% (Bullish)
7. Stochastic: uptrend and above 80% (Bullish)
8. Volume Distribution: High buying pressure (Bullish)


Conclusion: 6 Bull 2 Neutral

Entry Price: 1.61
Profit taking: 1.69, 1.75,1.80
Cut Loss: 1.53

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