Case Study - MRCB

1. Trendline: higher high & higher low - uptrend (bullish)
2. Candle Stick: Bullish engulfy rebounce from support ~ 20 ema (Bullish)
3. MACD: Signal line above 0 (Bullish)
4. RSI: pending rebounce to 70% (Neutral)
5.Sto: Rebounce from 50% (Bullish)
6. ADX: Trending down (Bearish)
7. Volume Distribution: High buying pressure (Bullish)


Conclusion: 5 Bull 1 Bear 1 Neutral

Position : Long

Entry Price: 2.0 (above 100 ema)
profit taking: 2.18, 2. 28
Cut Loss: 1.9

Case Study - MRCB

1. Trend Analysis - Sideway trading after in symmetrical triangle in past 6 monyh (Neautral)
2. Form higher high & higher low after breakout from symmetrical trianlge in past 1 month (Bullish)
3. ADX - Storng momentum (Bullish)
4. Bollinger Band : Both upper & lower band are trending up, indication for uptrend (Bullish)
5. Candle Stick: long white body (Bullish)
6. Support : Above 20, 50 & 200 EMA (Bullish)
7. ADX : Uptrend with strong momentum (Bullish)
8. MACD : trending up (Bullish)
9. RSI : Rebounce up from 50%, pending for 70 % breakout (Bullish)
10. Stochastic : Rebounce and break up 80% with bullish crossover (Bullish)
11. Volume Distribution : Strong buying pressure (Bullish)

Conclusion: 10 Bull 1 Neautral

Entry Price: 2.33 on 7/27 or 2.41 thereafter
Profit Taking : 2.52, 2.66
Cut Loss: 2.29

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

Case Study - MRCB

1. Trend: Consolidation with Symetry Triangble (Side Way)
2. RSI: Break down 30% (Bearish)
3. ADX: Good momentum (Bullish)
4. MACD: Bullish Crossover (Bullish)
5. Stochastic: Bullish Crossover above 50% (Bullish)

Conclusion: 3 B 1 Bear 1 Neautral

Advice: Pending buying signal when breakout above 2.28

Entry Price: 2.30
Profit Taking: 2.39, 2.58
Cut Loss: 2.20