Thursday, 28 July 2011

Case Study - CHHB


1. Trendline: Sideway (Neutral)
2. Bollinger Band: Start to squeeze, pending breakout (Neutral)
3. Candle Stick: White Body (Bullish)
4. ADX: Uptrend with strong momentum (Bullish)
5. MACD: fluctuating above 0 (Neutral)
6. RSI: Rebounce from 30%, pending break 50% (Bullish)
7. Stochastic: Break 50% (Bullish)
8. Volume Distribution: High buying pressure (Bullish)


Conclusion: 5 Bull 3 Neutral

Entry Price: 1.21
profit Taking: 1.24,1.28, 1.34,1.41
Cut Loss: 1.14

Case Study - Support


1. Trendline: Sideway (Neutral)
2. Bollinger Band: Both upper and lower is squeezing (Neutral)
3. ADX: Bullish crossover with weak momentum (Bullish)
4. MACD: Bullish crossover (Bullish)
5. RSI: Re-bounce from 50% (Bullish)
6. Stochastic: Drop to 80% (Bullish)
7. Volume Distribution: High buying pressure (Bullish)


Conclusion: 5 Bull 2 Neutral

Entry Price: 1.04
Profit Taking: 1.07, 1.13
Cut Loss: 1.01

Remarks: Take note on last minutes big sharks selling force...

Case Study - Bertam


1. Trendline: Sideway (Neutral)
2. Bollinger Band : BB breakout with volume after 2 weeks squeezed, both upper and lower band are widening which increase the volatility of price (Bullish)
3. Candle stick: white long body (Bullish)
4. ADX: uptrend with weak momentum (Bullish)
5. MACD: Forming bottom round and approaching 0 (Bullish)
6. RSI : Touch 70% (Bullish)
7. Stochastic: Rebounce and above 80% (Bullish)
8. Volume Distribution: High buying pressure (Bullish)



Conclusion: 7 Bull 1 Neutral

Entry Price: 0.785
Profit Taking: 0.82, 0.87, 0.91
Cut Loss: 0.74

Remarks: Beware of false breakout as high selling pressure by Sharks close to market end.

Case Study - Olympia


1. Trendline : Sideway (Neutral)
2. Bollinger Band: Breakout with high volume (Bullish)
3. Candle Stick : Long white body (Bullish)
4. ADX: Uptrend with weak momentum (Bullish)
5. MACD : forming bottom round and crossing 0 (Bullish)
6. RSI : Rebounce from 30% (Bullish)
7. Stochastic: Break 80% (Bullish)
8. Volume Distribution: High buying pressure when close to market end (Bullish)


Conclusion: 7 Bull 1 Neutral

Entry Price: 0.325
Profit Taking: 0.36, 0.41, 0.465
Cut Loss: 0.29

Case Study - MBSB


1. Trenline : Sideway (Neutral)
2. Candle Stick: Long white candle (Bullish)
3. Bollinger Band: Both upper and lower band is widening, thus increase the volativility of price (Bullish)
4. Support: Above 20, 50 EMA (Bullish)
5. ADX: Uptrend with weak momentum (Bullish)
6. MACD: Forming bottom round and break 0 (Bullish)
7. RSI : Rebounce and break above 50% (Bullish)
8. Stochastic: Break 80% (Bullish)
9. Volume Distribution: High buying force (Bullish)


Conclusion: 8 Bull 1 Neutral

Entry Price : 1.48
Profit Taking: 1.57, 1.63, 1.71
Cut Loss: 1.44

Case Study - DXN (Second Wave)?


Rienne, per your request.

1. Trendline: Uptrend (Bullish)
2. Double bottom (circled with pink) with hammer form on support (1.34), potential bullish reversal pattern --  Bullish
3. Support : Above 20, 30 & 200 EMA (Bullish)
4. Bollinger Band : Lower and upper band trending up, indication for uptrend for shorterm (Bullish)
5.ADX: Uptrend with strong momentu (Bullish)
6. MACD: Above 0 (Bullish)
7. RSI : fluctuating below 70%, pending break above 70% (Neutral)
8. Stochastic: fluctuating between 50% & 80%, pending break above 80% (Neutral)
9. Volume Distribution:

Conclusion: 7 Bull 2 Neutral

Entry Price: 1.42
Profit Taking: 1.47, 1.50, 1.53
Cut Loss: 1.38

Remarks: Beware of head & shoulder pattern if break below 1.34. Also, please wait for confirmation of candlestick on next day before position your trading. Good luck!

Case Study - Farlim


1. Long term Trenline: Downtrend (Bearish)
2. Forming higher low (Bullish)
3. Bollinger Band : Upper band expanding upper while lower band flat, uptrend in shorterm (Bullish)
4. Support : Above 20, 50 EMA, below 200 EMA -- conincident become resistance on 25'May & 26'July (Neutral)
5. ADX : Uptrend with strong momentum (Bullish)
6. MACD : singal line trending up above 0 (Bullish)
7. RSI: Above 50%, pending breaking 70% (Neutral)
8. Stochastic: Bearish crossover (Bearish)
9. Volume Distribution:

Conclusion: 5 Bull 2 Bear 2 Neutral

Entry Price: 0.33
Profit Taking: 0.345, 0.37,
Cut Loss: 0.315

Case Study - Tanco


1. Trendline: Downtrend (Bearish)
2. Bollinger band : Squeezing and potentially breakout anytime (Neutral)
3. Support : Below 20, 50, 200 EMA (Bearish)
4. Forming higher low (Bullish)
5. Candle Stick : Long white body (Bullish)
6. ADX : Uptrend with bullish crossver, weak momentum (Bullish)
7. MACD : Neutral
8. RSI: Rebounce and touching 50% (Bullish)
9. Stochastic: Bullish kissing with signal line above 80% (Bullish)
10. Volume Distribution: Strong buying force (Bullish)


Conclusion : 6 Bull 2 Bear 2 Neutral

Entry Price : 0.255
Profit Taking : 0.27, 0.30, 0.33
Cut Loss : 0.230

Case Study - KUB


1. Trendline : Consolidatoin in symmetrical triangle which pending breakout, Sideway (Neutral)
2. Bollinger band: Lower band start to move upward, indication of short term uptrend (Bullish)
3. ADX: Uptrend with weak momentum (Bullish)
4. MACD: Neutral
5. RSI : Rebounce towards 50% (Bullish)
6. Stochastic: Bullish crossover with signal above 80% (Bullish)
7. Volume Distribution: Buying pressure is high close to market end (Bullish)


Conclusion: 5 Bull 2 Neutral

Entry Price: 0.77
Profit Taking: 0.78, 0.81, 0.84
Cut Loss 0.75

Remarks: Only buy when symmetrical triangle breakout with volume support. Also, the breakout should would expand BB and make the price volatile.