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