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The blog is with intention to enhance and polish your wealth management skills. Let's learn up the skill set to pick up the bull running hot stock for the day... We will discuss it based on TA (Technical Analysis). We will learn to establish a good TP (trading plan) and be disciplined in trading. Most importantly, we could learn from the friend all around the world. This blog is definitely able to provide a platform to TA devourer for in-depth discussion.
Monday, 7 November 2011
Case Study - FAVCO
1. Trendline: sideway (neutral)
2. ADX: uptrend with strong momentum (bullish)
3., MACD: signal line above 0 with 4R1G (bullish)
4. RSI: below 70% (neutral)
5. Sto: bullish crossover with signal line rebounce from 50%, pending 80% break out (bullish)
6. volume distribution: high buying pressure (bullish)
Conclusion: 4 bull 2 neutral
Position: Long
Entry Price: 1.12
Profit Taking: 1.18, 1.27
Cut Loss: 0.99
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FAVCO
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FAVCO move... Congrate on those who are following closely...
ReplyDeleteSell half @ 1.27... Keep the rest for next TP 1.30,1.36.
ReplyDelete