Wednesday 16 November 2011

Case Study - SCABLE

 1. Trendline:    sideway (neutral)
2. BB squezing, pending breakout (neutral)
3. ADX: uptrend with weak momentum (bullish)
4. MACD: signal line above 0, pending bullish crossover (bullish)
5. RSI: above 50%, pending 70% breakout (neutural)
6. Sto: singal line break 50%, with bullish crossover , pending 80% breakout (bullish)
7. volume distribution: high buying pressure (bullish)

 
conclusion: 4 bull 3 neutral

positon: long
entry price: 2.03
profit taking: 2.12, 2.21, 2.34
cut loss: 1.99

2 comments:

  1. Entry price reached... Get ready to depart... :D

    ReplyDelete
  2. Congrate to those who trust me.... Prepare for profit taking on tomorrow... Yeah!

    ReplyDelete