Thursday, 17 November 2011

Case Study - SCOMIMR


1. trendline: uptrend (bullish)
2. candle stick: long white body rebounce from support ~ 20ma (bullish)
3. BB: both upper & lower channel heading north (bullish)
4. ADX: uptrend with strong momentum (bullish)
5. MACD: signal line above 0 (bullish)
6. RSI: pending breakout 70% (neutral)
7. sTO: breakout 80% (bullish)
8. volume distribution: high buying pressure (bullish)


conclusion: 7 bull 1 neutral

positon: long
entry price: 0.41
profit taking: 0. 42, 0.44, 0.46
cut loss: 0.37

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