The blog is with intention to enhance and polish your wealth management skills. Let's learn up the skill set to pick up the bull running hot stock for the day... We will discuss it based on TA (Technical Analysis). We will learn to establish a good TP (trading plan) and be disciplined in trading. Most importantly, we could learn from the friend all around the world. This blog is definitely able to provide a platform to TA devourer for in-depth discussion.
Wednesday, 2 November 2011
Case Study - MRCB
1. Trendline: higher high & higher low - uptrend (bullish)
2. Candle Stick: Bullish engulfy rebounce from support ~ 20 ema (Bullish)
3. MACD: Signal line above 0 (Bullish)
4. RSI: pending rebounce to 70% (Neutral)
5.Sto: Rebounce from 50% (Bullish)
6. ADX: Trending down (Bearish)
7. Volume Distribution: High buying pressure (Bullish)
Conclusion: 5 Bull 1 Bear 1 Neutral
Position : Long
Entry Price: 2.0 (above 100 ema)
profit taking: 2.18, 2. 28
Cut Loss: 1.9
Labels:
MRCB
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