Sunday 6 November 2011

Case Study - CEPAT


1. Trendline: higher high & higher low - uptrend (bullish)
2. volume higher than 40ema, got fuel (Bullish)
3. BB: both upper & lower band heading north (Bullish)
4. ADX: uptrend with moderate mementum (Bullish)
5. MACD: signal line above 0 (Bullish)
6. RSI: rebounce, pending breakout 70% (Bullish)
7. Sto: rebounce, break out 80%, pending bullish crossover (Bullish)
8. Volume analysis: higher buying pressure (Bullish)

Conclusion: 8 Bull 0 Bear

Position: Long

Entry Price: 1.50
Profit Taking: 1.57
Cut Loss: 1.38

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