Monday 9 April 2012

Case Study - JOHOTIN


1. Trendline: consolidation (neutral)
2. Candle Stick: white long body (bullish)
3. Bollinger band: squeezing, pending breakout (neutral)
4. MACD: forming rounding bottom, pending positive histogam (bullish)
5. ADX: uptrend with high momentum (bullish)
6. RSI: breakout 50% (bullish)
7. Sto: bullish crossover (breakout 80%- bullish)
8. volume distribution: high buying pressure (bullish)


conclusion: 6 bull 2 neutral

position : long

entry price: 1.32
profit taking: 1.41, 1.49
cut loss: 1.16

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