Monday, 7 November 2011

Case Study - BTM


1. Trendline: Uptrend (Bullish)
2. Candle Stick: white long body breaking resitance ~ 0.4 (Bullish)
3. BB: Both upper & lower band is widening (Bullish)
4. ADX: uptrend with strong momentum (bullish)
5. MACd: signal line above 0 (Bullish)
6. RSI: rebounce and break 70% (Bullish)
7. Sto: Bullish crossover with signal line rebounce and break 80% (Bullish)
8. Volume Distribution: High buying pressure (bullish)

Conclusion: 8 Bull 0 Bear

Position: Long

Entry Price: 0.44
Profit Taking: 0.46, 0.50
Cut Loss: 0.39

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