Monday, 9 April 2012

Case Study: HIBISCS


1. trendline: sideway (neutral)
2. candle stick: long white body (bullish)
3. volume : declining,less than 40ma (bearish)
4. Bollinger band: squeezing, pending breakout (neutral)
5. ADX: uptrend with weak momentum (bullish)
6. MACD: BUllish kissover, rounding bottom (bullish)
7. RSI: rebounce and break 50%, (bullish)
8. Sto: break 50% (bullish)
9. volume distribution: high buying pressure (bullish)



conclusion: 6 bull 1 bear 2 neutral

entry price: 1.85
profit taking: 2.05, 2.20, 2.33
cut loss: 1.74

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