The blog is with intention to enhance and polish your wealth management skills. Let's learn up the skill set to pick up the bull running hot stock for the day... We will discuss it based on TA (Technical Analysis). We will learn to establish a good TP (trading plan) and be disciplined in trading. Most importantly, we could learn from the friend all around the world. This blog is definitely able to provide a platform to TA devourer for in-depth discussion.
Tuesday, 2 August 2011
Case Study - Tasco
1. Trendline : Sideway (Neutral)
2. Candle Stick: Long white body (Bullish)
3. Bollinger Band: Breakout with volume greater than 30d EMA (Bullish)
4. Support: Above 20, 50, 200d MA (Bullish)
5. ADX: Uptrend with moderate momentum (Bullish)
6. MACD: 4R2G with signal line cross 0 (Bullish)
7. RSI: Rebounce and touch 70% (Bullish)
8. Stochastic: Bullish kissover with signal line breaking 80% (Bullish)
9. Volume Distribution: Higher buying pressue (Bullish)
Conclusion: 8 Bull 1 Neutral
Entry Price: 1.66
Profit Taking: 1.70, 1.76,1.80(TP)
Cut Loss: 1.63
Labels:
TASCO
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