Case Study - Bornoil

1. Trendline: Higher low & higher high - uptrend (Bullish)
2. Candle stick: Rebounce from support (5 EMA, 0.36) with white long body (Bullish)
3. Bollinger Band: Both upper & lower band widening (Bullish)
4. ADX: uptrend with strong momentum (Bullish)
5. MACD: 4R1G with signal line above 0 (Bullish)
6. RSI: Break 70% (Bullish)
7. Stochastic: Break above 80% (Bullish)
8. Volume Distribution: High buying pressure (bullish)



Conclusion: 8 Bull 0 Bear

Position: Long
Entry Price: 0.40 - 0.41
Profit Taking: 0.45, 0.495
Cut Loss: 0. 38

Case Study - Bornoil

1. Trendline : Downtrend (Bearish)
2. Candle Stick : Long white body (Bullish)
3. Bollinger band : Upper & lower band narrowing, pending breakout (Neutral)
4. Support: Above 20, 30 & 200 EMA (Bullish)
5. ADX : Bullish crossover, uptrend with weak momentum (Bullish)
6. MACD : Bullish crossover and breaking 0 (Bullish)
7. RSI: Rebounce from 50% (Bullish)
8. Stochastic: Break 80% (Bullish)
9. Volume Distribution: High buying force (Bullish)

Conclusion: 7 Bull 1 Bear 1 Neutral

Entry Price: 0.460
Profit Taking: 0.50, 0.54, 0.57, 0.62
Cut Loss : 0.44