Monday 24 October 2011

Case Study - YTLLAND


1. Trendline: higher low & higher high (Bullish)
2. BB: both upper & lower band with direction to north (Bullish)
3. ADX: Bullish with strong momentum (Bullish)
4. MACD: 3 continuous red bar, pending for green bar (Bearish)
5. RSI: Above 70% (Bullish)
6. Sto: Cross above 80% (Bullish)
7. Volume Distribution: High buying pressure (Bullish)

Conclusion: 6 Bull 1 Bear

Position (Long)
Entry Price: 1.30
Profit Taking: 1.38, 1.45
Cut Loss: 1.18
RR: 0.67, 1.25

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