Case Study - MBSB

1. Trendline: higher high & higher low (bullish)
2. Candle Stick: Rebounce from support ~ 1.70 with White long body (Bullish)
3. Bollinger Band: Both lower & upper band heading north (Bullish)
4. ADX: uptrend with strong momentum (bullish)
5. MACD: above 0 (bullish)
6. RSI: Cross over 70% (Bullish)
7. Sto: Above 80% (Bullish)
8. Volume Distribution: High buying pressure (Bullish)


Conclusion: 8 Bull 0 Bear

Position: Long

Entry Price: 1.74~ 1.77
Profit Taking: 1.81, 1.89, 1.95
Cut Loss: 1.68

Case Study - MBSB

1. Trenline : Sideway (Neutral)
2. Candle Stick: Long white candle (Bullish)
3. Bollinger Band: Both upper and lower band is widening, thus increase the volativility of price (Bullish)
4. Support: Above 20, 50 EMA (Bullish)
5. ADX: Uptrend with weak momentum (Bullish)
6. MACD: Forming bottom round and break 0 (Bullish)
7. RSI : Rebounce and break above 50% (Bullish)
8. Stochastic: Break 80% (Bullish)
9. Volume Distribution: High buying force (Bullish)

Conclusion: 8 Bull 1 Neutral

Entry Price : 1.48
Profit Taking: 1.57, 1.63, 1.71
Cut Loss: 1.44

Case Study - MBSB

Per request from one of the reader to analysis this counter.

1. Trend Analysis : Down trend after forming double peak (Bearish)
2. Break out or Survive from breakdown of double peak with large volume (greater than 40d moving average) (Bullish)
3. Candle Stick: Long White Body (Bullish)
4. ADX: Bullish crossover with good momentum (Bullish)
5. MACD: Bullish crossover (Bullish)
6. RSI : Break 50% (Bullish)
7. Stochastic: Bullish Crossover and break 80% (Bullish)

Conclusion: 6 Bull 1 Bear

Entry Price: 1.47
Profit Taking: 1.57, 1.63, 1.71
Cut Loss: 1.30

RR: .59, .94, 1.41

Not so attractive from RR perspective, still many good counter for trading outside. Please trade carefully and for short term + aggressive traders only.