Wednesday 3 August 2011

Case Study - KPJ


1. Trendline: Uptredn (Bullish)
2. Candle Stick: hanging man (Bearish)
3. Bollinger Band: Start to widen (Bullish)
4. Form higher high & higher low (Bullish)
5. ADX: uptrend with strong momentum (Bullish)
6. MACD: Bullish crossover (Bullish)
7. RSI : Trending up, pending to break 70% (Bullish)
8. Stochastic: Break 80% (Bullish)
9. Volume Distribution:Strong buying force (Bullish)


Conclusion: 8 Bull 1 Bear

Entry Price: 4.69
Profit Taking: 4.84, 4.96, 5.07
Cut Loss: 4.59

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