Monday 14 November 2011

Case Study - Coastal


1. Trendline: sideway (neutral)
2. candle stick: rebounce from support ~ 10 ema (bullish)
3. ADX: bullish crossover(bullish)
4. MACD: bullish crossover (bullish)
5. RSI: break 50%, pending breat out 70% (bullish)
6. Sto: bullish crossover with signal line break 50%, pending berakout 80% (bullish)
7. volume distribution: high selling pressure (bearish)


conclusion: 5 bull 1 bear 1 neutral

position: long
entry price: 2.11
profit taking: 2.23, 2.34
cut loss: 1.97

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