Monday 1 August 2011

Case Study - ECM


1. Trendline: Sidway (Neutral)
2. Candle Stick: White long body (Bullish)
3. Bollinger Band: Upper and lower band start to expand (Bullish)
4. Support: Above 20, 50, 200d MA (Bullish)
5. ADX: Uptrend with weak momentum (Bullish)
6. MACD: Bullish Crossover (Bullish)
7. RSI: Rebounce from 50% and touch 70% (Bullish)
8. Stochastic: Break 80% (Bullish)
9. Volume Distribution: High buying pressure (Bullish)


Conclusion: 8 Bull 1 Neutral

Entry Price: 0.94
Profit Taking: 0.98, 0.99
Cut Loss: 0.91

Case Study - LINGUI


1. Trendline: sideway (Neutral)
2. Candle Stick: White Body (Bullish)
3. Form higher low (Bullish)
4. Bollinger band : Band is closing, reduce price volatility , pending breakout (Bearish)
5. ADX: Downtrend with weak momentum (Bearish)
6. MACD: Bullsih crossover (Bullish)
7. RSI: Touching 50% (Bullish)
8. Stochastic: Break 80% (Bullish)
9 Volume Distribution: High buying force (Bullish)


Conclusioin: 5 Bull 3 Bear 1 Neutral

Entry Price: 1.86
Profit Taking: 1.91, 1.96, 2.02 (TP1), 2.08 (TP2)
Cut Loss: 1.80

Case Study - RSAWIT


1. Trendline: Consolidaton & Sidway (Neutral)
2. Bollinger band: squeeze for 2 weeks and start to breakout, both upper and lower band start to widen (Bullish)
3. Candle Stick: White body (Bullish)
4. Support: Above 20, 50, 200d MA (Bullish)
5. ADX: Uptrend with weak momentum (Bullish)
6. MACD: Bullish crossover (Bullish)
7. RSI: Rebounce from 50& (Bullish)
8. Stochastic: K line rebounce from 50% and break above 80% (Bullish)
9. Volume Distribution: Strong buying force (Bullish)



Conclusion: 8 Bull 1 Neutral

Entry Price: 2.52,
Profit Taking: 2. 60, 2.75, 2.84
Cut Loss: 2.47

Remarks: Beware of high selling pressure close to market end.

Case Study - CUSCAPI


1. Trendline: Sideway (Neutral)
2. Candle Stick: Long white body (Bullish)
3. Support: Above 20, 50, 200 MA (Bullish)
4. Bollinger Band: Breakout with volume (Bullish)
5. ADX: Uptrend with moderate momentum (Bullish)
6. MACd: Bullish crossover (Bullish)
7. RSI: Rebounce from 50& (Bullish)
8. Stochastic: Bullish crossover with signal line cross above 80% (Bullish)
9. Volume Distribution: Strong buying force (Bullish)



Conclusion: 8 Bull 1 Neutral

Entry Price: 0.51
Profit Taking: 0.545, 0.57, 0.60,0.63
Cut Loss: 0.48

Case Study - GUANCHG


1. Trendline: Consolidation & sideway (Neutral)
2. Bollinge Band: Breakout after squeeze for 2 weeks with volume greater than 30d EMA (Bullish)
3. MACD : Forming bottom round and pending to cross 0 (Bullish)
4. ADX: Uptrend with weak momentum (Bullish)
5. RSI: Rebounce from 50% (Bullish)
6. Stochastic: Bullish crossover with signal line break 80% (Bullish)
7. Volume Distribution: High buying force (Bullish)




Conclusion: 6 Bull 1 Neutral

Entry Price: 2.81
Profit Taking: 2.87, 2.98, 3.06
Cut Loss: 2.72

Case Study - YTL

Dear Bro Leung,

Below are the analysis on YTL for your reference.

1. Trendline: Downtrend (Bearish)
2. Support : Below 20, 50, 200 MA (Bearish)
3. Bollinger Band : Both upper & lower band down trend, indication for downtrend (Bearish)
4. ADX: Downtrend with strong momentum (Bearish)
5. MACD: Downtrend (Bearish)
6. RSI : Break 30% (Bullish)
7. Stochastic: Bullish crossover with K line cross above 20% (Bullish)
8. Volume Distribution: Higher buying pressue (Bullish), however, selling force high close to market end.


Conclusion: 3 Bull 5 Bear

Remarks: Generally, the counter is at downtrend, migh temperaly pull back to 20d MA based on candle stick, RSI & STo. In order to release herself from downtrend, she need to break the L1 (Pink) line and form higher low /. higher high. Let's continue to monitor this counter.

Case Study - CBIP


1. Trendline: sideway (Neutral)
2. Bollingerband : Breakout after squeeze with volume higher than 30 EMA (Bullish)
3. Candle Stick : Long white bar (Bullish)
4. ADX: Uptrend with weak momentum (Bullish)
5. MACD: Forming bottom round cross 0 (Bullish)
6. RSI : Break up 70% (Bullish)
7. Stochastic: Break 80% (Bullish)
8. Volume Distribution: High selling pressure by big shark to retailer (Bearish)



Conclusion: 6 Bull 1 Bear 1 Neutral

Entry Price: 4.25
Profit Taking: 4.35, 4.46
Cut Loss: 4.21

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