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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