Monday, 14 November 2011

Case Study - MSC


1. Trendline: uptrend (bullish)
2. ADX: uptrend with strong momentum (bullish)
3. MACD: signal line above 0 (bullish)
4. RSI: break above 70% (bullish)
5. Sto: Signal line break above 80%, (bullish)
6. volume distribution: high selling pressure (bearish)

 
conclusion: 5 bull 1 bear

position: long
entry price: 4.42
profit taking: 4.56, 4.75, 4.97
cut loss: 4.19

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