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Tuesday, 15 November 2011
Case Study - Xinquan
1. trendline: sideway (neutral)
2. candle stick: rebounce from support (bullish)
3. BB, pending breakout (neutral)
4. ADX: bullsih crossover (bullish)
5. MACD: 4R1G (bullish)
6. RSI: rebounce from 50% , pending 70% breakout (bullish)
7. sto: breakout 80% (bullish)
8. volume distribution: high buying pressure (bullish)
conclusion: 6 bull 2 neutral
position: long
entry price: .93
profit: .97, 1.03, 1.07
cut loss: .88
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XINQUAN
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looking the price fell onto the deep oversold region. It will likely rally next week, don't you think?
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