Monday, 14 November 2011

Case Study - KWANTAS


1. Trendline: sideway (neutral)
2. Candle Stick: long white body from support ~ 1.95 (bullish)
3. BB: breakout after squeeze (bullish)
4. ADX: uptrend with weak momentum (bullish)
5. MACD: cross above 0 (bullish)
6. RSI: breakout 70%, (bullish)
7. Sto: Above 80% (bullish)
8. volume distribution: high buying pressure (bullish)


conclusion: 7 bull 1 neutral

position: long

entry price: 2.10
profit taking: 2.18, 2,27, 2.36
cut loss: 2.01

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