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.
Monday, 1 August 2011
Case Study - GUANCHG
1. Trendline: Consolidation & sideway (Neutral)
2. Bollinge Band: Breakout after squeeze for 2 weeks with volume greater than 30d EMA (Bullish)
3. MACD : Forming bottom round and pending to cross 0 (Bullish)
4. ADX: Uptrend with weak momentum (Bullish)
5. RSI: Rebounce from 50% (Bullish)
6. Stochastic: Bullish crossover with signal line break 80% (Bullish)
7. Volume Distribution: High buying force (Bullish)
Conclusion: 6 Bull 1 Neutral
Entry Price: 2.81
Profit Taking: 2.87, 2.98, 3.06
Cut Loss: 2.72
Labels:
GUANCHG
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