Wednesday 2 November 2011

Case Study - PERISAI


1. Trendline: higher high & higher low (bullish)
2. Candle stick: piercing with rebounce from support ~ 20 ema (Bullish)
3. ADX: uptrend with strong momentum (Bullish)
4. MACD: signal line above 0 (Bullish)
5. RSI: above 50%, pending break 70%  (Neutral)
6. Sto: rebounce toward 80% (Bullish)
7. Volume Distribution: High buying pressure (Bullish)


Conclusion: 6 Bull 1 Neutral

Position: Long

Entry Price: 0.675
Profit Taking: 0.73, 0.79
Cut Loss: 0.59

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