Sunday 6 November 2011

Case Study - GUANCHG


1. Trendline: sideway (Neutral)
2. ADX: Uptrend with moderate momentum (Bullish)
3. MACD: Signal line above 0 with 4R1G (Bullish)
4. RSI: Rebounce from 50%, pending break out 70% (Bullish)
5. Sto: Bullish crossover with signal break 80% (Bullish)
6. Volume Distribution: High buying pressure (Bullish)

Conclusion: 6 BULL 0 BEAR

Positioin: Long

Entry price: 2.52
Profit Taking: 2.61, 2. 71, 2.80
Cut Loss: 2. 37

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