Saturday, 14 April 2012

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

Tuesday, 10 April 2012

Case Study - SYF

1. Trendline: breakout from downtrend, higher low & high higher high (bullish)
2. candle stick: white body: (bullish)
3. volume: less than 40ma (bearish)
4. ADX: uptrend with weak momentum bullish)
5. MACD: 4R1G (bullish)
6. RSI: touching 70% , pending 70% breakout (bullish)
7. Sto: breakout 80%, bullish kissover (bullish)
8. volume distribution: high buying pressure (bullish)


conclusion: 7 bull 1 bear

position: long

entry price: 0.54
profit taking: 0.57, 0.61
cut loss: 0.525