Monday 1 August 2011

Case Study - LINGUI


1. Trendline: sideway (Neutral)
2. Candle Stick: White Body (Bullish)
3. Form higher low (Bullish)
4. Bollinger band : Band is closing, reduce price volatility , pending breakout (Bearish)
5. ADX: Downtrend with weak momentum (Bearish)
6. MACD: Bullsih crossover (Bullish)
7. RSI: Touching 50% (Bullish)
8. Stochastic: Break 80% (Bullish)
9 Volume Distribution: High buying force (Bullish)


Conclusioin: 5 Bull 3 Bear 1 Neutral

Entry Price: 1.86
Profit Taking: 1.91, 1.96, 2.02 (TP1), 2.08 (TP2)
Cut Loss: 1.80

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