The blog is with intention to enhance and polish your wealth management skills. Let's learn up the skill set to pick up the bull running hot stock for the day... We will discuss it based on TA (Technical Analysis). We will learn to establish a good TP (trading plan) and be disciplined in trading. Most importantly, we could learn from the friend all around the world. This blog is definitely able to provide a platform to TA devourer for in-depth discussion.
Wednesday, 9 November 2011
Case Study - Tanco
1. Trendline: uptrend (bullish)
2. Candle stick: rebounce from support ~.24 with long white body (bullish)
3. ADX: uptrend with strong momentum (bullish)
4. MACD: signal line above 0 with 3R1G (bullish)
5. RSI: rebounce from 50%, pending breakout 70% (bullish)
6. Sto: rebounce from 50%, pending breakout 80% and bullish crossover (bullish)
7. volume distribution: hihg buying pressure (bullish)
Conlcusion: 7 bull
Position: Long
Entry Price: 0.30
Profit Taking: 0.315, 0.35, 0.38
Cut Loss: 0.285
Labels:
TANCO
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