Tuesday 2 August 2011

Case Study - Takaful

1. Trendline: Sideway (Neutral)
2. Candle Stick: White body: (BUllish)
3. Bollinger Band: Squeezing, pending breakout (Neutral)
4. Support: Above 20,30, 200d MA (Bullish)
5. ADX: Uptrend with strong momentum (Bullish)
6. MACD: 4R1G (Bullish)
7. RSI: Break 50% (Bullish)
8. Stochastic: Bullish crossover with signal line break 80% (Bullish)
9. Volume Distribution: Strong buying force (Bullish)


Conclusion: 7 Bull 2 Neutral

Entry Price: 2.17
Profit Takiing: 2.25, 2.34,2.42
Cut Loss: 2.09

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