Saturday, 14 April 2012

Case Study - KIANJOO


1. Trendline: downtrend (bearish)
2. Candle Stick: white long body (bullish)
3. volume : above 40 ma (bullish)
4. Bollinger band: both upper & lower band start to expand (bullish)
5. ADX: bullish crossover, uptrend with low momentum (Bullish)
6. MACD: 4R1G, bullish kiss over (bullish)
7. RSI: rebounce from 30% and breakout 50%, pending 70% breakout (bullish)
8. Sto: BUllish crossover, breakout 50%, pending 80% breakout (bullish)
9. volume distributionL: high buying pressure (bullish)


conclusion: 8 bull 1 bear

position: long

entry: 2.07
profit taking: 2.10, 2.14, 2.22, 2.28, 2.33
cut loss: 1.98

Case Study - IGB


1. Trendline: sideway (neutral)
2. Candle stick: white long body (bullish)
3. BB: Squeezing, pending brekout (neutral)
4. volume; above 40ma (bullish)
5. ADX; uptrend with moderate momentum (bullish)
6. MACD: histrogram forming rouding bottom, MACD above 0, pending bullish crossover (bullish)
7. RSI: breakout 50%, pending 70% breakout (bullish)
8. Sto: breakout 80% (bullish)
9. volume distribution: high buying pressure (bullish)


conclusion: 7 bull 2 neutral

position: long

entry: 2.92
profit taking: 3.13, 3.29
cut loss: 2.77

Case Study - CANONE


1. Trendline: sideway (neutral)
2. Candle Stick: long white body (bullish)
3. Bolinger Band: upper & lower band expand, start breakout after squeezed for 5 weeks (Bullish)
4. Volume: above 40ma (bullish)
5. ADX: uptrend with weak momentum (bullish)
6. MACD: above 0 (bullish)
7. RSI: rebounce from 50%, pending 70% breakout (bullish)
8. Sto: 80% breakout (bullish)
9. volume distribution: high buying pressure (bullish)

conclusion: 8 bull 1 neutral

position: long

entry: 1.97
profit taking: 2.04, 2.16
cut loss: 1.84