The blog is with intention to enhance and polish your wealth management skills. Let's learn up the skill set to pick up the bull running hot stock for the day... We will discuss it based on TA (Technical Analysis). We will learn to establish a good TP (trading plan) and be disciplined in trading. Most importantly, we could learn from the friend all around the world. This blog is definitely able to provide a platform to TA devourer for in-depth discussion.
Monday, 9 April 2012
Case Study - TSH
1. Trendline: uptrend (bullish)
2. Bollinger band : squeezed, pending breakout (neutral)
3. Volume: above 40ma (bullish)
4. ADX: uptrend with strong momentum (bullish)
5. MACD: uptrend, pending bullish crossover, rounding bottom (bullish)
6. RSI: break 50%, pending 70% breakout (bullish)
7. Sto: bullish crossover, penidng 80% breakout (bullish)
8. volume distributiion : big fish is selling, be careful (bearish)
conclusion: 7 bull 1 neutral
position: long
entry price: 2.42
profit taking: 2.55,2.63
cut loss: 2.22
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TSH
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Depart now.. tighten your seat belt!
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