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.
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.
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