Wednesday 16 November 2011

Case Study - LBS


1. Trendline: uptrend (bullish)
2. candle stick: white long body (bullish)
3. BB breakout (bullish)
4. ADX: uptrend with strong momentum (bullish)
5. MACD: signal line above 0 (bullish)
6. RSI: signal breakout 70% (bullish)
7. Sto: signal breakout 80% (bullish)
8. volume distribution: high buying pressure (bullish)


conclusion: 8 bull

positioin: long
entry price: 0. 82
profit taking: 0.86, 0.90
cut loss: 0.78

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