Tuesday, 8 November 2011

Case Study - Perdana

1. Trendline; uptrend (bullish)
2. Candle stick: rebounce from support ~ 10ema (bullish)
3. BB: both upper & lower band widening (bullish)
4. ADX: uptrend with weak momentum (bullish)
5. MACD: signal line above 0 (bullish)
6. RSI: sideway (neutral)
7. Sto: bullish crossover with signal line rebounce and break 80% (Bullish)
8. volume distribution: high buying pressure (bullish)


Conclusion: 7 bull 1 neutral

Position: Long

Entry Price: 0.76
Profit Taking: 0. 84, 0.94
Cut Loss: 0. 70

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