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
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.
Tuesday, 28 June 2011
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
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