Tuesday 10 April 2012

Case Study - MBMR

1. Trendline: uptrend (bullish)
2. candle stick: white body (bullish)
3. volume: above 40ma (bullish)
4. ADX: uptrend with strong momentum (bullish)
5. MACD: uptrend (bullish)
6. RSI: above 70% (Bullish)
7. Sto: downtrend (bearish)
8. volume distribution: high selling pressure (bearish)


conclusion 6 bull 2 bear

position: long

entry: 4.98
profit taking: 5.15, 5.22, 5.29
cut loss: 4.81

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