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.
Friday, 28 October 2011
Case Study - RSAWIT
1. Trenline: higher low & higher high (Bullish)
2. Candle Stick: Rebounce from support (1.235) with white long body (Bullish)
3. Bollinger Band: upper & lower band heading north (Bullish)
4. ADX: Bullish crossover with high momemtum (Bullihs)
5. MACD: 4R1G, with signal line above 0 (Bullish)
6. RSI: Above 70% (Bullish)
7. RSI (Bullish crossover with signal line above 80% (Bullish)
8,. Volume Distribution: High buying pressure (Bullish)
Conclusion: 8 Bull 0 Bear
Position: Long
Entry Price: 1.33
Profit Taking: 1.37, 1.41
Cut Loss: 1.21
Case Study - Bornoil
1. Trendline: Higher low & higher high - uptrend (Bullish)
2. Candle stick: Rebounce from support (5 EMA, 0.36) with white long body (Bullish)
3. Bollinger Band: Both upper & lower band widening (Bullish)
4. ADX: uptrend with strong momentum (Bullish)
5. MACD: 4R1G with signal line above 0 (Bullish)
6. RSI: Break 70% (Bullish)
7. Stochastic: Break above 80% (Bullish)
8. Volume Distribution: High buying pressure (bullish)
Conclusion: 8 Bull 0 Bear
Position: Long
Entry Price: 0.40 - 0.41
Profit Taking: 0.45, 0.495
Cut Loss: 0. 38
Case Study - Benalec
1. Trendline: Higher low & higher high (Bullish)
2. Candle Stick: Rebounce from support 1.23 with white long body (Bullish)
3. Bollinger Band: Both upper & lower band widening (Bullish)
4. ADX: uptrend with strong momentum (Bullish)
5. MACD: 4R1G (Bullish)
6. RSI: Cross above 70% (Bullish)
7. Stochastic: Cross above 80% (Bullish)
8. Volume Distribution: Stong buying pressure (Bullish)
Conclusion: 8 Bull 0 Bear
Position: Long
Entry Price: 1.30
Profit Taking: 1.36, 1.40
Cut Loss: 1.21
Case Study - CIMB
1. Trendline analysis: higher high & higher low - uptrend (Bullish)
2. 5 EMA cross 10 EMA (Bullish)
3. Bollinger Band: upper band heading north (Bullish)
4. ADX: Uptrend with weak momentum (Bullish)
5. MACD: 4R1G with signal above 0 (Bullish)
6. RSI: Rebounce to 70% (Bullish)
7. Stochastic: Break 80% (Bullish)
8. Volume Distribution: High buying pressure (Bullish)
Conclusion: 8 Bull 0 Bear
Position: Long
Entry Price: 7.5
Profit Taking: 7.98
Cut Loss: 7.11
RR: 1.23
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