Wednesday 2 November 2011

Case Study - MAA


1. Trendline: higher high & higher low (Bullish)
2. Candle Stick: white long body (Bullish)
3. ADX: uptrend with strong momentum (bullish)
4. MACD: signal cross above 0 (Bullish)
5. RSI: Rebounce above 70% (Bullish)
6. Sto: Break 80& (Bullish)
7. Volume Distribution: High buying pressure (Bullish)


Conclusion: 7 Bull

Position: Long

Entry price; 0.53
Profit Taking: 0.555, 0.595
Cut Loss: 0. 48

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