Wednesday 16 November 2011

Case Study - CENSOF


1. Trendline: sideway (neutral)
2. BB breakout (bullish)
3. ADX: uptrend with weak momentum (bullish)
4. MACD: signal line above 0 (bullish)
5. RSI: rebounce from 50% (bullish)
6. Sto: rebounce to 50%, pending bullish crossover (bullish)
7. volume distribution: high selling pressure (bearish)


conclusion: 5 bull 1 bear 1 neutral

positon: long
entry price: 0. 495
profit taking: 0.55, 0.59, 0. 64
cut loss: 0. 42

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