Thursday 30 June 2011

Case Study - Kurasia

2011 June 28
1. Trend Analysis: Higher high & higher low -- uptrend & retracing (Bullish)
2. Candle Stick: hammer -- bullish reversal (Bullish)
3. ADX: Good momentum (Bullish)
4. MACD: Trend up (Bullish)
5. RSI: Above 70% (Bullish)
6. Stochastic: Above 80% (Bullish)

Conclusion: 6 Bull 0 Bear

Entry Price: 0.505
Profit Taking: 0.52, 0.535, 0.55, 0.565
Cut Loss: 0.46

Case Study - Perisai

1. Trend Analysis : Forming Higher High (Bullish)
2. ADX : Weak Mommentom & (Bullish)
3. MACD : 4R1G Signal, Bullish Kissing (Bullish)
4. RSI : Break above 30% (Bullish)
5. Stochastic : Bullish crossover to 50% (Bullish)
6. Candle Stick: Abandon Child (Bullish)
7. Volume : High vol above 40 moving averagre (Bullish)

Conclusion: Bullish Trend

Entry Price: 0.845
Profit Taking: 0.875, 0.92
Cut Loss: 0. 79, 0.755

Resistance: 0.835, 0.885, 0.93
Support: 0.8, 0.765, 0.725

Case Study - KKB

1. Trendline Analysis: HIgher low - uptrend (Bullish)
2. L2 Line Analysis: Below long term L2 support line -- Potentially resistance (Bearish)
3. Volume Analysis: Above 40d moving average (Bullish)
4. ADX Analysis : Increasing slowly (Bullish)
5. MACD : Cross 0 from bottom (Bullish)
6. RSI:  Above 70% (Bullish)
7. Stochastic: Above 80% (Bullish)
8. Candle Stick: Long white body (Bullish)

Conclusion: Bullish Signal (7 Bull vs 1 Bear)

Entry Price: 1.97
Profit Taking: 2.04, 2.12. 2.2
Cut Loss: 1.89

RR ratio: 0.75, 1.78, 2.93