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.
Monday, 24 October 2011
Case Study - MEGB
1. Trenline analysis: sideway (neutral)
2. Candle stick: Long white back (Bullish)
3. BB: Start to break out (Bullish)
4. ADX: Bullish crossover with strong momentum (Bullish)
5. MACD: 4R1G with Signal line approaching 0 (Bullish)
6. RSI: Approaching 70% (Bullish)
7. Stochstic: Break 80% (Bullish)
8. Volume Distribution: Strong buying pressue (Bullish)
Conclusion: 7 Bull 1 Bear
Position (Long)
Entry price: 1. 31
Profit Taking: 1.42, 1.54
Cut Loss: 1.18
RR: 0.85, . 1.77
Labels:
MEGB
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