Showing posts with label TANCO. Show all posts
Showing posts with label TANCO. Show all posts

Wednesday, 9 November 2011

Case Study - Tanco


1. Trendline: uptrend (bullish)
2. Candle stick: rebounce from support ~.24 with long white body (bullish)
3. ADX: uptrend with strong momentum (bullish)
4. MACD: signal line above 0 with 3R1G (bullish)
5. RSI: rebounce from 50%, pending breakout 70% (bullish)
6. Sto: rebounce from 50%, pending breakout 80% and bullish crossover (bullish)
7. volume distribution: hihg buying pressure (bullish)


Conlcusion: 7 bull

Position: Long

Entry Price: 0.30
Profit Taking: 0.315, 0.35, 0.38
Cut Loss: 0.285

Thursday, 28 July 2011

Case Study - Tanco


1. Trendline: Downtrend (Bearish)
2. Bollinger band : Squeezing and potentially breakout anytime (Neutral)
3. Support : Below 20, 50, 200 EMA (Bearish)
4. Forming higher low (Bullish)
5. Candle Stick : Long white body (Bullish)
6. ADX : Uptrend with bullish crossver, weak momentum (Bullish)
7. MACD : Neutral
8. RSI: Rebounce and touching 50% (Bullish)
9. Stochastic: Bullish kissing with signal line above 80% (Bullish)
10. Volume Distribution: Strong buying force (Bullish)


Conclusion : 6 Bull 2 Bear 2 Neutral

Entry Price : 0.255
Profit Taking : 0.27, 0.30, 0.33
Cut Loss : 0.230