Monday 14 November 2011

Case Study - MEDIA


1. Trendline: uptrend (bullish)
2. Candle stick: rebounce with big white candle from support ~ 10 ema (bullish)
3. BB: breakout (bullish)
4. ADX: uptrend with moderate momentum (bullish)
5. MAC: signal line above 0 with 4R1G (bullish)
6. RSI: breakout 70% (Bullish)
7. Sto: bullish crossover with signal line above 80% (bullish)
8. volume distribution : high buying pressure (bullish)


conclusion: 8 bull 0 bear

position: long
entry price: 2. 64
profit taking: 2. 73, 2.82, 2.93
cut loss: 2. 52

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