Friday, 27 July 2012

Case Study - OLDTOWN



1. Trendline: uptrend (bullish)
2. Candle stick: long white body (bullish)
3. BB: Start expanding (bullish)
4. Volume: Above 40 EMA (bullish)
5. ADX: uptrend with strong momentum (bullish)
6. MACD: bullish crossover (bullish)
7. RSI: pending 70% breakout (bullish)
8. Sto: bullish crossover (bullish)
9. Volume distribution: high selling pressure (bearish)






Conclusion: 8 bull 1 bear

Position: Long

Entry price: 2.06
TP: 2.10, 2.14, 2.18, 2.20
CL: 1.98

3 comments:

  1. Mission completed. 6.7 % in 3 days...

    ReplyDelete
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