Wednesday 2 November 2011

Case Study - LIONDIV


1. Trendline: Sideway (Neutral)
2. Candle Stick Signal - counter attack pattern which rebounce from support ~ 20ema (Bullish)
3. MACD: signal line above 0, wait for 4R1G (Bullish)
4. RSI: Break below 70% (Bearish)
5. Sto: bearish crossover with signal line cross below 80% (Bearish)
6. ADX: uptrend with momentum (Bullish)
7. Volume Distribution: High buying pressure (Bullish)


Conclusion: 4 Bull 2 Bear 1 Neutral

Postion (Long)

Entry price: 0.41
Profit Taking: 0.425, 0.46, 0.48
Cut Loss: 0.36

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