Wednesday 9 November 2011

Case Study - JAVA


1. trendline: uptrend (bullish)
2. candle stick: rebounce from support ~ 10 MA (bullish)
3. BB: both upper & lower band heading north (bullish)
4. ADX: uptrend with strong momentum (bullish)
5. MACD: signal line above 0 with 4R1G (bullish)
6. RSI: rebounce above 70% (bullish)
7. Sto: rebounce and break 80% with bullish crossover (bullish)
8. volume distribution: high selling pressure (bearish)


conclusion: 7 bull 1 bear

position: long

entry price: 0.70
profit tking: 0.74, 0.79, 0.83
cut loss: 0.64

1 comment:

  1. I hope everybody get a handsome profit for this counter...
    Happy trading!!!!

    ReplyDelete