Wednesday 9 November 2011

Case Study - KianJoo


1. trendline: uptrend (bullish)
2. candle stick: rebounce from support with long white body (bullish)
3. BB: both upper & lower band heading north (bullish)
4. ADX: uptrend with weak momentum (bullish)
5. MACD: signal line above 0 with 4R1G (Bullish)
6. RSI: rebounce from 50%, pending breakout 70% (bullish)
7. Sto: rebounce from 50% and breakout 80% with bullish crossover (bullish)
8. volume distribution: high buying pressure (bullish)


conclusion: 8 bull

position: Long

entry price: 1.975
profit takingL 2.01, 2.08. 2014
cut loss: 1.89

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