Monday 7 November 2011

Case Study - AEM


1. Trendline: uptrend (bullish)
2. candle stick: rebounce from support ~0.24  with white long body (bullish)
3. BB: upper & lower band widening (bullish)
4. ADX: uptrend with strong momentum (bullish)
5. MACD: signal line above 0 with 4R1G (bullish)
6. RSI: rebounce and break 70% (bullish)
7. sto: bullish crossover with signal line break 80% (bullish)
8. volume distribution: high buying pressure (bullish)

Conclusion: 8 bull 0 bear

Position: Long

Entry Price: 0.295
Profit Taking: 0.325, 0.360
Cut Loss: 0.255

1 comment:

  1. Yeah!
    Fly high high...
    Profit Taking at 0.36 (half done)...
    Next TP:0.40, 0.44

    ReplyDelete