Wednesday 2 November 2011

Case Study - KURASIA


1. Trendline : breaking out ascending triangle (Bullish)
2. Candle Analysis: White long body from support ~ 20ema (Bullish)
3. MACD: above 0 (Bullish)
4. RSI : Trending up, pending break out 70% (Bullish)
5. Sto: Break out 80% (Bullish)
6. ADX: Uptrend with strong momentum (Bullish)
7. Volume Distribution: Stong buying pressure (Bullish)

 
Conclusion: 7 Bull

Position (Long)

Entry Price: 0. 535
Profit taking: 0.56, 0. 605
Cut Loss: 0.47

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