Showing posts with label BENALEC. Show all posts
Showing posts with label BENALEC. Show all posts

Friday, 28 October 2011

Case Study - Benalec


1. Trendline: Higher low & higher high (Bullish)
2. Candle Stick: Rebounce from support 1.23 with white long body (Bullish)
3. Bollinger Band: Both upper & lower band widening (Bullish)
4. ADX: uptrend with strong momentum (Bullish)
5. MACD: 4R1G (Bullish)
6. RSI: Cross above 70% (Bullish)
7. Stochastic: Cross above 80% (Bullish)
8. Volume Distribution: Stong buying pressure (Bullish)

Conclusion: 8 Bull 0 Bear

Position: Long
Entry Price: 1.30
Profit Taking: 1.36, 1.40
Cut Loss: 1.21

Thursday, 7 July 2011

Case Study - BENALEC


1. Trend Line: Consolidation - Side Way (Neautral)
2. Breakout from sysmetrical triangle (Bullish)
3. higher high and higher low: (Bullish)
4. Candle Stick: Long whilet body with high vol -- greater than 40d MA(Bullish)
5. ADX: Good momentum (Bullish)
6. MACD: Cross 0 (Bullish)
7. RSI: Break 70% (Bullish)
8. Sto: Break 80% (Bullish)

Conclusion: 7 Bull 1 Bear

Agrresive Trader:
Entry Price: 1.57
Profit Taking: 1.60, 1.64, 1.69
Cut Loss: 1.49

Conservative Trader:
Entry Price: 1.62
Profit Taking: 1.64, 1.69, 1.73