Showing posts with label ALTR. Show all posts
Showing posts with label ALTR. Show all posts

Monday, 31 October 2011

Case Study - ALTR


Candle Stick Study: Bearish Harami
RSI: Turning down, crossing 70% soon
Sto: Turning down, crossing 80%


Conclusion:
Potential bearish reversal pattern, highly recommended to tk profit if open lower than 39.6 and cont down. Potentially to retrace to next support ~ 37.47

Saturday, 22 October 2011

Case Study - Altera


1. Trendline: higher high / higher low - uptrend (Bullish)
2. Bollinger Band: Expanding (Bullish)
3. Candle Stick: Long white body (Bullish)
4. ADX: Bullish crossover (Bullish)
5. MACD: 4R1G (Bullish)
6. RSI: Break 70% (Bullish)
7. Stochastic: Break 80% (Bullish), pending bullish crossover for another bullish confirmation.

Conclusion : 7 Bull 0 Bear

Conservative Trader
Entry Price: 38.95
Profit Taking: 41.91
Cut Loss : 38.91

Aggresive Trader
Entry Price: 37.73
Profit Taking: 38.91, 41.91
Cut Loss: 37.69

Tuesday, 26 July 2011

Case Study - Altera


Aunty Lok,

This is for you.

1. Trendline : Downtrend (Bearish)
2. Support : Below 20, 50, 200 EMA (Bearish)
3. ADX : Downtrend with moderate momentum (Bearish)
4. MACD : Cross below 0 (Bearish)
5. RSI : Cross below 30% (Bearish)
6. Stochastic: Below 50% (Bearish)

Conclusion : 6 Bear 0  Bull

Remarks: Short or medium term, this counter is in downtrend / sideway. It needs to break the pink (L1) line and form higher low or higher high in order to go bullish again. So, sell if you can't wait for it!