Case Study - FAVCO

1. Trendline: sideway (neutral)
2. ADX: uptrend with strong momentum (bullish)
3., MACD: signal line above 0 with 4R1G (bullish)
4. RSI: below 70% (neutral)
5. Sto: bullish crossover with signal line rebounce from 50%, pending 80% break out (bullish)
6. volume distribution: high buying pressure (bullish)

Conclusion: 4 bull 2 neutral

Position: Long

Entry Price: 1.12
Profit Taking: 1.18, 1.27
Cut Loss: 0.99

Case Study - FAVCO

Per King's request as below:

1. Trend Analysis : Uptrend (Bullish)
2. Higher high formed (Bullish)
3. Candle stick: retrace after hitting resistance (Bearish)
4. ADX: Bullish with weak momentum (Bullish)
5. MACD: Bullish
6. RSI : Belwo 30% (Bearsih)
7. Sto: Crossing towards 20% (Bearish)

Conclusion: 4 Bull 3 Bear

Entry Price: 1.53
Profit Taking: 1.63, 1.78
Cut Loss 1.38