Tuesday, 26 July 2011

Case Study - Altera


Aunty Lok,

This is for you.

1. Trendline : Downtrend (Bearish)
2. Support : Below 20, 50, 200 EMA (Bearish)
3. ADX : Downtrend with moderate momentum (Bearish)
4. MACD : Cross below 0 (Bearish)
5. RSI : Cross below 30% (Bearish)
6. Stochastic: Below 50% (Bearish)

Conclusion : 6 Bear 0  Bull

Remarks: Short or medium term, this counter is in downtrend / sideway. It needs to break the pink (L1) line and form higher low or higher high in order to go bullish again. So, sell if you can't wait for it!

Case Study - GENM


1. Trendline : Sideway (Neautral)
2. Candle Stick : Hanging man -- potential bearish reversal, pending confirmation on subsequent day (Bearish)
3. Support: Above 20, 50, 200 EMA (Bullish)
4. ADX : Uptrend with moderate momentum (Bullish)
5. MACD: Bullish crossover (Bullish)
6. RSI : Drop to 50% (Bearish)
7. Stochastic: Above 50%, pending to break 80% (Bullish)
8. Volume Distribution: Selling force is high (Bearish)




Conclusion: 4 Bull 3 Bear 1 Neautral

Entry Price: 3.82
Profit Taking: 3.85, 3.91, 3.98
Cut Loss: 3.70

Remarks : Beware to be trap to be another sideways, high selling pressure. Avoid this counter if possible.

Case Study - Dutalnd


1. Trendline : Sideway (Neautral)
2. Candle Stick : Long white body (Bullish)
3. Bollinger Band : Breakout after squeeze for 2.5 months with high volume support (Bullish)
4. ADX : Uptrend with weak momentum (Bullish)
5. MACD : Bullish crossover (Bullish)
6. RSI : Rebounce from 50% and pending to break 70% (Bullish)
7. Stochastic: Rebounce and break 50%, 80% (Bullish)
8. Volume Distribution: High buying pressure (Bullish)


Conclusion: 7 Bull 1 Neautral

Entry Price: 0.54
Profit Taking : 0.55, 0.58, 0.61
Cut Loss: 0.49

Case Study - KFC


1. Trendline : Sideway (Neautral)
2. ADX : Uptrend with strong momentum (Bullish)
3. MACD : Signal line trending up (Bullish)
4. RSI : Rebounce and pending to break 70% (Bullish)
5. Stochastic : Rebounce from 50% and break 80% with bullish kissing (Bullish)
6. Volume Distribution: Strong buying force (Bullish)


Conclusion: 5 Bull 1 Neautral

Entry Price: 4.00
Profit Taking : 4.09, 4.31, 4.45
Cut Loss : 3.83

Remarks: Beware of getting trap as this setup is a sideway unless breakout with volume support.

Case Study - EPMB


1. Trendline : Downtrend (Bearish)
2. Candle Stick : Long White Body (Bullish)
3. Support : Above L1 line and 20, 50 200 EMA (Bullish)
4. Bollinger Band : Breakout BB Squeeze with volume greater than 30 EMA (Bullishe)
5. ADX : Uptrend with strong momentum (Bullish)
6. MACD : Bullish crossover and pending to cross 0 from bottom (Bullish)
7. RSI : Break 70% (Bullish)
8. Stochastic : Break 80% with bullish crossover (Bullish)
9. Volume Distribution :High buying pressure especially close to market end (Bullish)


Conclusion : 8 Bull 1 Bear

Entry Price; 1.02
Profit Taking: 1.05, 1.11,1.17
Cut Loss : 0.92

Case Study - Daiboci


1. Trendline: Sideway (Neautral)
2. Candle Stick : Long white body (Bullish)
3. Bollinger Band : Breakout with high volume, Upper & Lower band open increase price volatility (Bullish)
4. ADX : Uptrend with strong momentum (Bullish)
5. MACD : 4R1G (Bullish)
6. RSI : Break and stay above 70% (Bullish)
7. Stochastic : Break and stay above 80% (Bullish)
8. Volume Distribution: Strong buying pressure (Bullish)


Conclusion: 7 Bull 1 Neautral

Entry Price:  2.88
Profit Taking : 3.01, 3.15
Cut Loss : 2.78

Case Study - QSR


1. Trendline : Uptrend (Bullish)
2. Candle Stick : Long white body (Bullish)
3. ADX : Uptrend with strong momentum (Bullish)
4. MACD : Trending up from 0 with bullish crossover (Bullish)
5. RSI : Above 70% (Bullish)
6. Stochastic : Above 80% (Bullish)
7. Volume Distribution : High buying force by big shark at market end (bullish)


Conclusion: 7 Bull

Entry Price: 6.30
Profit Taking: 6.60, 6.81
Cut Loss : 6.09

Case Study - Ramunia


1. Trendline : Downtrend (Bearish)
2. Candle Stick : Long white body (Bullish)
3. ADX : Bullish crossover with strong momentum (Bullish)
4. MACD : Bullish Crossover (Bullish)
5. RSI : Rebounce from 30% to 50% (Bullish)
6. Stochastic :  Bullish crossover with signal line break 50% and heading 80% (Bullish)
7. Volume Distribution : Strong buying force from both Sharks and retailer. (Bullish)




Conclusion : 6 Bull 1 Bear

Entry Price : 0.435
Profit Taking: 0.45, 0.485, 0.51
Cut Loss: 0.39

Remarks: Since this is a downtrend counter, please trade with extra careful. Recommend to set tight cut loss.

Case Study - KNM


1. Trenline: Downtrend (Bearish)
2. Candle Stick: spinning top with gap up (Neutral)
3. Bollinger Band : BB squeeze and has sign of break out with news (Bullish)
4. ADX : Uptrend with stronog momentum (Bullish)
5. MACD: Signal line uptrend and slowly forming round bottom (Bullish)
6. RSI : Break 50% and heading 70% (Bullish)
7. Stochastic: Bullish kissing over and break above 50%, pending breaking 80% (Bullish)
8. Volume Distribution: Strong buying pressure (Bullish)



Conclusion: 6 Bull 1 Bear 1 Neautral

Entry Price: 1.94
Profit Taking: 2, 2.14,2.27
Cut Loss: 1.90

Remarks: Since the new has out that causing gap up. Also, selling pressure is high close to end session. Thus, please put extra attention on it.