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.
Monday, 31 October 2011
Case Study - MBSB
1. Trendline: higher high & higher low (bullish)
2. Candle Stick: Rebounce from support ~ 1.70 with White long body (Bullish)
3. Bollinger Band: Both lower & upper band heading north (Bullish)
4. ADX: uptrend with strong momentum (bullish)
5. MACD: above 0 (bullish)
6. RSI: Cross over 70% (Bullish)
7. Sto: Above 80% (Bullish)
8. Volume Distribution: High buying pressure (Bullish)
Conclusion: 8 Bull 0 Bear
Position: Long
Entry Price: 1.74~ 1.77
Profit Taking: 1.81, 1.89, 1.95
Cut Loss: 1.68
Case Study - Unisem
1. Trendline: Sideway (Neutral)
2. Candle Stick: White body (Bullish)
3. ADX: Uptrend with strong momentum (Bullish)
4. MACD: 4R1G with signal line crossover 0 (Bullish)
5. RSI: droping (Bearish)
6. Sto: Bullish crossover with signal line cross over 80% (Bullish)
7. Volume Distribution: High buying pressure (Bullish)
Conclusion: 5 Bull 1 Bear 1 Neutral
Position: Long
Entry Price: 1.28
Profit Taking: 1.4, 1.6
Cut Loss: 1.14
Case Study - ALTR
Candle Stick Study: Bearish Harami
RSI: Turning down, crossing 70% soon
Sto: Turning down, crossing 80%
Conclusion:
Potential bearish reversal pattern, highly recommended to tk profit if open lower than 39.6 and cont down. Potentially to retrace to next support ~ 37.47
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