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
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5 comments:

  1. Jessprince30 October 2011 at 18:47

    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!!!!

    ReplyDelete
  2. Anonymous8 November 2011 at 18:54

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

    ReplyDelete
  3. Jessprince9 November 2011 at 04:57

    Dear, this is a share split 1:1.

    ReplyDelete
  4. Anonymous14 November 2011 at 04:54

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

    ReplyDelete
  5. Jessprince14 November 2011 at 18:32

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

    ReplyDelete

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