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