Friday, 28 October 2011

Case Study - RSAWIT

1. Trenline: higher low & higher high (Bullish)
2. Candle Stick: Rebounce from support (1.235) with white long body (Bullish)
3. Bollinger Band: upper & lower band heading north (Bullish)
4. ADX: Bullish crossover with high momemtum (Bullihs)
5. MACD: 4R1G, with signal line above 0 (Bullish)
6. RSI: Above 70% (Bullish)
7. RSI (Bullish crossover with signal line above 80% (Bullish)
8,. Volume Distribution: High buying pressure (Bullish)

Conclusion: 8 Bull 0 Bear

Position: Long

Entry Price: 1.33
Profit Taking: 1.37, 1.41
Cut Loss: 1.21


  1. Rsawit fly... hope everybody make some profit from this counter... TP (1.41) reached.. suggest to sell half (take some profit). Next profit taking point at 1.45 & 1.5....
    Good luck!!!!

  2. whats happening with RSAWIT today? closed at RM1.48 yesterday, today open at RM0.74!!

  3. Dear, this is a share split 1:1.

  4. thank you so much for yur tip, i've made rm2,850

  5. Congrate to you!!!
    We have more hot picks from time to time...
    Feel free to bookmark her and visit us again!