Thursday, 4 August 2011

Case Study - RHBCAP


1. Trendline: Sideway (Neutral)
2. Bollinger Band: Upper band start to open (Bullish)
3. ADX: Bullish crosover wtih weak momentum (Bullish)
4. MACD: Forming bottom round (Bullish)
5. RSI: Rebounce from 50% (Bullish)
6. Stochastic: Bullsih crossover with signal line break above 80% (Bullish)
7. Volume Distribution:


Conclusion: 5 Bull 1 Bear 1 Neutral

Entry Price: 9.31
Profit Taking: 9.58, 9.89, 10.13, 10.38
Cut Loss: 8.98

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