1. Trendline: Sideway (Neautral)
2. Candle Stick : White Body (Bullish)
3. Support : Above 20 & 50 EMA (Bullish)
4. ADX: Uptrend with weak momentum (Bullish)
5. MACD: Bullish Crossover (Bullish)
6. RSI: Cross above 50% (Bullish)
7. Stochastic: Cross above 80% (Bullish)
8. Volume Distribution: High buying pressure (Bullish)
Conlcusion : 7 Bull 1 Neautral
Entry Price: 0.78
Profit Taking: 0.80, 0.82, 0.86,
Cut Loss: 0.75
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.
Monday, 25 July 2011
Case Study - TDM
1. Trendline : Uptrend (Bullish)
2. Candle Stick : Hanging man -- potentially bearish reversal (Bearish)
3. ADX: uptrend with high momentum (Bullish)
4. MACD : Trending up (Bullish)
5. RSI : Crossing above 70% (Bullish)
6. Stochastic: Above 80% (Bullish)
7. Volume Distribution: Shark is distributing while small & medium retailer are collecting. Beware! (Bearish)
Conclusion: 5 Bull 2 Bear
Entry Price: 3.13
Profit Taking: 3.17, 3.25, 3.33
Cut Loss: 2.99
Case Study - Ulicorp (Potential Symmetry Triangle Breakout)
1. Trend : Uptrend (Bullish)
2. Forming higher low (Bullish)
3. ADX : Uptrend with strong momentum (Bullish)
4. MACD: Bullish crossover (Bullish)
5. RSI: Pending crossover 70% (Neautral)
6. Stochastic: Cross below 80% (Bearish)
7. Symmetry Triangle Pattern: Breakout without volume support -- might potentially false breakout (small bull)
8. Bollinger Band: Uptrend for shorterm (Bullish)
9. Candle Stick : Shooting Star Formation, potential bearish reversal -- pending confirmatioon (Bearish)
10. Volume Distribution Analysis: High buying force (Bullish)
Conclusion: 7 Bull 1 Neautral 2 Bear
Entry price: 1.25
Profit Taking: 1.40, 1.58
Cut Loss: 1.06
Remarks: Candle stick form a shooting star during uptrend and at high. Potential bearish reversal. Make you position after confirmation.
Case Study - Ranhill
1. Trendline : Downtrend (Bearish)
2. Candle Stick : White Body (Bullish)
3. ADX: Uptrend with strong momentum (Bullish)
4. MACD: Forming rounding bottom and cross 0 (Bullish)
5. RSI : Rebounce from 70% (Bullish)
6. Stochastic: Rebounce from 80% (Bullish)
7. Volume Distribution : Buy force from retailer is high while big shark is selling. Potential of distribution of SM to retailer. (Bearish)
Conclusion : 5 Bull 2 Bear
Entry Price: 0.73
Profit Taking: 0.75. 0.79, 0.81
Cut Loss: 0.67
Case Study - Perwaja
1. Long Term Trendline: Downtrend (Bearish)
2. Higher low and higher high (Bullish)
3. Candle Stick: Shooting Star - pending confirmation (Bearish)
4. Support : Above 20, 50, 200 EMA (Bullish)
5. ADX: Uptrend with strong momentum (Bullish)
6. MACD : Bullish Crossover (Bullish)
7. RSI : Rebounce and heading 70% (Bullish)
8. Stochastic: Rebounce down from 80% (Bearish)
9. Volume Distribution : Buying force from retailer is big while big shark is dumping their share (Bearish)
Conlclusion: 5 Bull 4 Bear
Entry Price: 1.08
Profit Taking: 1.11, 1.15, 1.21
Cut Loss: 1.00
Remarks: Since shooting star formed today, it is advisable to wait for confirmation on subsequent day before position your trading. Also, Big shark is dumping their share, beware of getting caught in high price.
Case Study - Guh (Monitoring for BB Squeeze Breakout)
1. Trendline : Sideway (Neautral)
2. Candle Stick : Haning Man (Bearish)
3. Bollinger Band : BB Squeue for 1 month, candle start to move above 20 MA for last 2 weeks, window start to open, pending breakout (Bullish)
4. Support: Last candle stick close above 20, 50 & 200 EMA, and close above BB squeue upper band support (Bullish)
5. ADX: Uptrend with weak momentum (Bullish)
6. MACD: Forming round bottom, pending crossing above 0 from bottom (Bullish)
7. RSI: Rebounce above 50% and heading 70% (Bullish)
8. Rebounce from 80% (Bullish)
9. Volume Distribution :High Buying pressure (Bullish)
Conclusioin: 7 Bull 1 Bear 1 Neautral
Entry Price: 1.24
Profit Taking: 1.29, 1.34, 1.38
Cut Loss: 1.19
Remarks: Pending BB breakout confirmation with entry, tp and cut loss as above.
Case Study - Kulim (Monitor for BB Squeue Breakout)
1. Trendline: Sideway (Neautral)
2. Candle stick : white candle Bar (Bullish)
3. Bollinger Band squeue for 1 month pending breakout -- (Neautral)
4. Moving above 20, 50, 200 EMA (Bullish)
5. ADX: Uptrend with weak momentum (Bullish)
6. MACD : 3R2G (Bullish)
7. RSI: Break 50% (Bullish)
8. Stochastic: Break 50% with bullish crossover (Bullish)
9. Volume Distribution: Selling force is high (Bearish)
Conclusion: 6 Bull 1 Bear 2 Neautral
Entry Price : 3.61
Profit Taking: 3.66, 3.95
Cut Loss: 3.46
Remark: Monitor for BB breakout with entry price and TP above.
Case Study - Johotin
1. Trend Line: Higher Low (Bullish)
2. Candle Stick: White body (Bullish)
3. ADX: Uptrend with strong momentum (Bullish)
4. MACD: 4R3G with bullish crossover (Bullish)
5. RSI : Drop to 50% (Bearish)
6. Stochastic: Break 80% with bullish crossover (Bullish)
7. Volume Distribution: Strong Buying Force (Bullish)
Conclusion: 6 Bull 1 Bear
Entry Price: 0.94
Profit Taking: 0.99, 1.03, 1.06
Cut Loss: 0.86
Case Study - Ivory
1. Trendline: Higher low (Bullish)
2. Candle Stick: White Body (Bullish)
3. ADX: Uptrend with strong momentum (Bullish)
4. MACD: 4R1G + Bullish Kissing -- pending bulish crossover confirmation (Bullish)
5. RSI : Rebounce from 50% (Bullish)
6. Stochastic: Rebouce from 30% and pending to cross 80% + Bullish kissing -- pending bullish kissing over (Bullish)
7. Volume Distribution: Strong buying force (Bullish)
Conclusion: 7 Bull 0 Bear
Entry Price: 1.21
Profit Taking: 1.23, 1.28, 1.36
Cut Loss: 1.14
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