Monday, 14 November 2011

Case Study - KIMLUN


1. Trendline: sideway (neutral)
2. candle stick: rebounce from support ~ 1.56 (bullish)
3. ADX: uptrend with strong momentum (bullish)
4. MACD: bullish kissing with 4R1G (bullish)
5. RSI: rebounce, pending breakout 70%  (Bullish)
6. Sto: rebounce, bullish kissing, pending breakout 80%, (bullish)
7. volume distribution: high buying pressure (Bullish)


conclusion: 6 bull 1 neutral

position: long
entry price: 1. 62
profit taking: 1. 65, 1.74, 1.84
cut loss: 1.58

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