Tuesday, 8 November 2011

Case Study - DBHD


1. trendline: uptrend (bullish)
2. candle stick: rebounce from support ~20ema (bullish)
3. ADX: uptrend with strong momentum (bullish)
4. MACD: signal line above 0, 4R1G, pending for bullish crossover (bullish)
5. RSI: rebounce from 50%, pending 70% breakout (bullish)
6. Sto: bullish crossver with signal rebounce and break 50%, pending 80% breakout (bullish)
7. volume distribution: high buying pressure (bullish)


conclusion: 7 bull

Position: Long

entry price:0.85
profit taking: 0.90, 0.95
cut loss: 0.77

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