Thursday, 28 July 2011

Case Study - CHHB


1. Trendline: Sideway (Neutral)
2. Bollinger Band: Start to squeeze, pending breakout (Neutral)
3. Candle Stick: White Body (Bullish)
4. ADX: Uptrend with strong momentum (Bullish)
5. MACD: fluctuating above 0 (Neutral)
6. RSI: Rebounce from 30%, pending break 50% (Bullish)
7. Stochastic: Break 50% (Bullish)
8. Volume Distribution: High buying pressure (Bullish)


Conclusion: 5 Bull 3 Neutral

Entry Price: 1.21
profit Taking: 1.24,1.28, 1.34,1.41
Cut Loss: 1.14

Case Study - Support


1. Trendline: Sideway (Neutral)
2. Bollinger Band: Both upper and lower is squeezing (Neutral)
3. ADX: Bullish crossover with weak momentum (Bullish)
4. MACD: Bullish crossover (Bullish)
5. RSI: Re-bounce from 50% (Bullish)
6. Stochastic: Drop to 80% (Bullish)
7. Volume Distribution: High buying pressure (Bullish)


Conclusion: 5 Bull 2 Neutral

Entry Price: 1.04
Profit Taking: 1.07, 1.13
Cut Loss: 1.01

Remarks: Take note on last minutes big sharks selling force...