Showing posts with label KKB. Show all posts
Showing posts with label KKB. Show all posts

Wednesday, 27 July 2011

Case Study - KKB


1. Trendline : Sideway since breakdown from symmetrical triangle on 5/16. (Neautral)
2. Resistance & Support : Support line,L1 as indicated as pink color has been the resistance (tested on 5/16, 6/30, 7/8 & 7/11 respectively) since then. Break L1 line with high volume on 7/27 (Bullish)
3. Bollinger Band: Both upper & lower band are widen indicating the begining of price volatilify, since is breakout , thus proability of price moving upward is increasing. (Bullish)
4. Candle Stick: White long body (Bullish)
5. ADX : Uptrend with strong momentum (Bullish)
6. MACD : Bullish crossover with 4R1G above 0 (Bullish)
7. RSI : Rebounce and break up 50% (Bullish)
8. Stochastic: Rebounce and breakout 80% with bullish crossover (Bullish)
9. Volume Distribution : Strong buying pressure whole day long (Bullish)



Conclusion 8 Bull 1 Neautral

Entry Price : 1.99
Profit Taking: 2.02, 2.10, 2.19
Cut Loss : 1.95

Thursday, 30 June 2011

Case Study - KKB

1. Trendline Analysis: HIgher low - uptrend (Bullish)
2. L2 Line Analysis: Below long term L2 support line -- Potentially resistance (Bearish)
3. Volume Analysis: Above 40d moving average (Bullish)
4. ADX Analysis : Increasing slowly (Bullish)
5. MACD : Cross 0 from bottom (Bullish)
6. RSI:  Above 70% (Bullish)
7. Stochastic: Above 80% (Bullish)
8. Candle Stick: Long white body (Bullish)

Conclusion: Bullish Signal (7 Bull vs 1 Bear)

Entry Price: 1.97
Profit Taking: 2.04, 2.12. 2.2
Cut Loss: 1.89

RR ratio: 0.75, 1.78, 2.93