Tuesday 28 June 2011

Case Study - UEMLAND

1. Trend Analysis: Breakout symetry triangle with vol above 40d moving average(Bullish)
2. Candle Stick : shooting star (potentially bearish reversal) - pending confirmation
3. ADX : Trending up above 20 (Bullish)
4. MACD : Bullish crossover above 0 (Bullish)
5. RSI : Crossing 70% (Bullish)
6. Stochastic : Crossing 80% (Bullish)

Entry Price : 2.88
Profit: 2.93, 2.98, 3.23
Cut Loss : 2.80

Resistance: 2.95, 3
Support : 2.82, 2.78

Case Study - Kian Joo


1. Trend Analysis : Higher High & Higher Low (Bullish)
2. ADX : Start to crossing 20 with uptrend (Start to Bullish)
3. MACD: 4R1G cross up 0 (Bullish)
4. RSI : Break out 70% (Bullish)
5. Stochastic : Break out 80% (Bullish)
6. Candle Stick : Long White Body (Bullish)

Entry Price : 2.09
Profit Taking : 2.19, 2.28, 2.40
Cut Loss : 2

Resistance : 2.21, 2.30, 2.42
Support : 2.02, 1.96, 1.91