Monday 24 October 2011

Case Study - PERISAI


1. Trendline: Higher high & higher lower (Bullish)
2. Candle Stick: White body (Bullish)
3. ADX: Bullish with strong momentum (Bullish)
4. MACD: 4R1G with signal cross over 0 (Bullish)
5. RSI: break above 70% (Bullish)
6. Sto: Break above 70% (Bullish)
7. volume distribution: strong buying force (Bulllish)
Conclusion: 7 Bull 0 Bear

Position (Long)
Entry Price: 0.635
Profit Taking: 0.655, 0.71
Cut Loss: 0.62
RR: 1.33, 5

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