Case Study - CBIP

 

1. Trendlie: sideway (neutral)
2. candle stick: rebounce from support (bullish)
3. BB: break out after squeeze (bullish)
4. ADX: uptrend with moderate momentum (bullish)
5. MACD: signal line above 0 (bullish)
6. RSI: break 50%, pending 70% breakout (bullish)
7. Sto: signal line above 80% (bullish)
8. volume distribution: high selling pressure (bearish)

 

conclusion: 6 bull 1 bear 1 neutral

position: long
entry price: 3.92
profit taking: 4.08,4.18, 4.27
cut loss: 3.88
 

Case Study - CBIP

1. Trendline: sideway (Neutral)
2. Bollingerband : Breakout after squeeze with volume higher than 30 EMA (Bullish)
3. Candle Stick : Long white bar (Bullish)
4. ADX: Uptrend with weak momentum (Bullish)
5. MACD: Forming bottom round cross 0 (Bullish)
6. RSI : Break up 70% (Bullish)
7. Stochastic: Break 80% (Bullish)
8. Volume Distribution: High selling pressure by big shark to retailer (Bearish)

Conclusion: 6 Bull 1 Bear 1 Neutral

Entry Price: 4.25
Profit Taking: 4.35, 4.46
Cut Loss: 4.21

Remarks: Beware of high selling pressure by Sharks close to market end.