Saturday 22 October 2011

Case Study - Altera


1. Trendline: higher high / higher low - uptrend (Bullish)
2. Bollinger Band: Expanding (Bullish)
3. Candle Stick: Long white body (Bullish)
4. ADX: Bullish crossover (Bullish)
5. MACD: 4R1G (Bullish)
6. RSI: Break 70% (Bullish)
7. Stochastic: Break 80% (Bullish), pending bullish crossover for another bullish confirmation.

Conclusion : 7 Bull 0 Bear

Conservative Trader
Entry Price: 38.95
Profit Taking: 41.91
Cut Loss : 38.91

Aggresive Trader
Entry Price: 37.73
Profit Taking: 38.91, 41.91
Cut Loss: 37.69

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