Wednesday 9 November 2011

Case Study - SAPIND


1. trendline: uptrend (bullish)
2 candle stick : rebounce and break resitance (bullish)
3. BB: squezing, pending breakout: (neutral)
4. ADX: uptrend with weak momentum (bullish)
5. MACD: signal line above 0 with 4R1G (bullish)
6. RSI: rebounce and break 70% (Bullish)
7. Sto: break 80% with bullish crossover (bullish)
8. volume distribution: high buying pressure (bullish)


conclusoin: 7 bull 1 neutral

positioin: long

entry price: 1.41
profit taking: 1. 48, 1.52, 1.57
cut loss: 1.33

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