Thursday, 17 November 2011

Case Study - KFIMA


1. Trendline: uptrend (bullish)
2. candle stick: rebounce from support ~ 1.68 (bullish)
3. BB: both upper & lower band heading north (bullish)
4. ADX: uptrend with weak momentum (bullish)
5. MACD: signal line above 0 with bullish crossover (bullish)
6. RSI: pending breakout 70% (neutral)
7. sto: above 80% (bullish)
8. Volume distribution:high buying pressure (bullish)


conclusion: 7 bull 1 neutral

position: long
entry price: 1.75
profit taking: 1.81, 1.85
cut loss: 1.66

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