Wednesday 3 August 2011

Case Study - MAS


1. Trendline: Sideway (Neutral)
2. Candle Stick: Bullish engufing (Bullish)
3. Bollinger Band: Breakout with volume greater than 30d EMA (Bullish)
4. ADX: Uptrend with weak momentum (Bullish)
5. MACD: Break 0 (Bullish)
6. RSI: Rebounce and touching 70% (Bullish)
7. Stochastic:  Rebounce and break 80% (Bullish)
8. Volume Distribution: High buying pressure (Bullish)


Conclusion: 8 Bull

Entry Price: 1.65
Profit Taking: 1.72, 1.78, 1.87
Cut Loss: 1.62

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