Showing posts with label GADANG. Show all posts
Showing posts with label GADANG. Show all posts

Wednesday, 27 July 2011

Case Study - Gadang


1. Trendliline Analysis: Consolidation for 1.5 month after long downtrend (Neautral)
2. Bollinger Band : Both upper & lower band opening widen, thus increase price volatility (Bullish)
3. Candle Stick : Long white body (Bullish)
4. ADX : Uptrend with weak momentum (Bullish)
5. MACD : Bullish crossover above 0 (Bullish)
6. RSI : Above 50%, pending break up 70% (Bullish)
7. Stochastic: Rebounce and touch 80% (Bullish)
8. Volume Distribution : High selling pressure by Sharks to retailer, beware (Bearish)


Conclusion: 6 Bull 1 Bear 1 Neautral

Entry Price: 0.715
Profit Taking: 0.735, 0.76, 0.79
Cut Loss: 0.685

Saturday, 9 July 2011

Case Study - Gadang


1. Trendliline Analysis: Downtrend (Bearish)
2. Forming higher low: Bullish)
3. Candle Stick: Long white body with volume afeter dragon fly (Bullish reversal)
4. ADX: Bullish crossover with weak momentum (Bullish)
5. MACD: 4R1G with rounding bottom (Bullish)
6. RSI : Rebound at 50% and continue to rise closer to 70% (Bullish)
7. Sto: Bullish crossover and break 80% (Bullish)
8. Volume Distribution Analysis: Profit taking by some of the retailer at late trading session. However, if you observed carefully, big sharks are accumulating the stock when you are selling. Thus (Bullish)


Conclusion: 7 Bull 1 Bear

Entry Price: 0.7
Profit Taking: 0.735, 0.76
Cut Loss: 0.67