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.
Saturday, 9 July 2011
Case Study - Gadang
1. Trendliline Analysis: Downtrend (Bearish)
2. Forming higher low: Bullish)
3. Candle Stick: Long white body with volume afeter dragon fly (Bullish reversal)
4. ADX: Bullish crossover with weak momentum (Bullish)
5. MACD: 4R1G with rounding bottom (Bullish)
6. RSI : Rebound at 50% and continue to rise closer to 70% (Bullish)
7. Sto: Bullish crossover and break 80% (Bullish)
8. Volume Distribution Analysis: Profit taking by some of the retailer at late trading session. However, if you observed carefully, big sharks are accumulating the stock when you are selling. Thus (Bullish)
Conclusion: 7 Bull 1 Bear
Entry Price: 0.7
Profit Taking: 0.735, 0.76
Cut Loss: 0.67
Case Study - Notion
Elvin,
Per your request on chart analysis above.
1. Trend Analysis: Sideway consolidation (Neautral)
2. Symmetry triangle : Pending breakout / breakdown (Neautral)
3. ADX: Sideway trending (Neautral)
4. MACD: Gradually forming bottom round (Bullish)
5. RSI: Break 50% (Bullish)
6. Sto: Bullish crossover break above 50% (Bullish)
7. Moving Average: Below 12, 20, 50 Moving average (Bearish)
8. Volume Distribution: Net Buying from big shark (Bullish)
Conclusion: 1 Bear 4 Bull 3 Neutral
Entry Price: 2.18
Profit Taking: 2.2, 2,27, 2.33 (TP for symmetry triangle breakout)
Cut Loss: 2.08
RR: 0.4, 0.9, 1.5
Remarks: Overally the setup is yet to formed. The price need to at least break the resistance of 50d MA before it could turned bull. Let's continue monitor and apply trading plan per above as soon as it meets our buy call specs.
Case Study - Johan
1. Trend Analysis : Downtrend (Bearish)
2. Candle Analysis: Spinning top - potentiang bearish reversal thus pending confirmation (Neautral)
3. Past 2 weeks pattern: Break higher of W of .295 - Potential Bullish Reversal (Bullish)
4. ADX : Bullish crossover with strong momentum (Bullish)
5. MACD: Trending up (Bullish)
6. RSI : Break 50% and heading 70% (Bullish)
7. Stochastic: Bearish Kissing and turinign down to 50% (Bearish)
Conclusion: 4 Bull 2 Bearish 1 Neautral
Entry Price: 0.305
Profit Taking: 0.315, 0. 325, 0.335
2. Candle Analysis: Spinning top - potentiang bearish reversal thus pending confirmation (Neautral)
3. Past 2 weeks pattern: Break higher of W of .295 - Potential Bullish Reversal (Bullish)
4. ADX : Bullish crossover with strong momentum (Bullish)
5. MACD: Trending up (Bullish)
6. RSI : Break 50% and heading 70% (Bullish)
7. Stochastic: Bearish Kissing and turinign down to 50% (Bearish)
Conclusion: 4 Bull 2 Bearish 1 Neautral
Entry Price: 0.305
Profit Taking: 0.315, 0. 325, 0.335
Cut Loss: 0. 0.275
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