Monday 7 November 2011

Case Study - Mediac


1. Trendline: sideway (neutral)
2. BB: both upper & lower band heading north (bullish)
3. ADX: uptrend with high momentum (bullish)
4. MACD: signall line above 0 with 3R1G (bullish)
5. RSI: rebounce from 50% , pending breakout 70% (Bullish)
6. Sto: Bullish kissover with signal rebounce, pending breakout 80% (bullish)
7. volume distribution: high buying pressure (bullish)

Conclusion: 6 bull 1 neutral

Position: Long

Entry price: 1. 14
profit taking: 1.18, 1.23, 1.27
cut loss: 1.05

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