Thursday 17 November 2011

Case Study - KUCHAI


1. Trendline: sideway (neutral)
2. candle stick: shooting start (bearish)
3. BB, pending breakout (neutral)
4. ADX: uptrend with strong momentum (bullish)
5. MACD: signal line above 0 (bullish)
6. RSI: breakout 70% (bullish)
7. Sto: rebounce from 50%, pending 80% breakout (neutral)
8. volume distribution: high buying pressure (bullish)

 
conclusion: 4 bull 3 bear 1 neutral

position: long
entry price: 1.01
profit taking: 1.06, 1.11, 1.15
cut loss: 0. 93

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