Monday 21 November 2011

Case Study - BRDB


1. Trendline: sideway (neutral)
2. Candle stick: rebounce above support ~ 2.08 (bullish)
3. BB: breakout (bullish)
4. ADX: uptrend with weak momentum (bullish)
5. MACD: singal line cross above 0 (bullish)
6. RSI: breakout 70% (bullish)
7. Sto: bullish croosover with signal breakout 80% (bullish)
8. volume distribution: high buying presure (bullish)


conclusion: 7 bull 1 neutral

posiiton: long
entry price: 2.22
profit taking: 2.28, 2.42, 2.46, 2.50
cut loss: 2.06