Showing posts with label TASCO. Show all posts
Showing posts with label TASCO. Show all posts

Monday, 9 April 2012

Case Study - TASCO


1. Trendline: uptrend (bullish)
2. candle stick: white long body (bullish)
3. volume : below 40ma (bearish)
4. ADX: uptrend with strong momentum (bullish)
5. MACD: uptrend, bottom rounding, pending bullish crossover (bullish)
6. RSI: rebounce from 50%, pending 70% crossover (bullish)
7. Sto: bullish kissover, pending 80% crossover (bullish)
8. volume distribution: high buying pressure (bullish)


conclusion: 7 bull 1 bear

position: long

entry price: 2.19
profit taking: 2.29, 2.38
cut loss: 2.02

Tuesday, 2 August 2011

Case Study - Tasco


1. Trendline : Sideway (Neutral)
2. Candle Stick: Long white body (Bullish)
3. Bollinger Band: Breakout with volume greater than 30d EMA (Bullish)
4. Support: Above 20, 50, 200d MA (Bullish)
5. ADX: Uptrend with moderate momentum (Bullish)
6. MACD: 4R2G with signal line cross 0 (Bullish)
7. RSI: Rebounce and touch 70% (Bullish)
8. Stochastic: Bullish kissover with signal line breaking 80% (Bullish)
9. Volume Distribution: Higher buying pressue (Bullish)


Conclusion: 8 Bull 1 Neutral

Entry Price: 1.66
Profit Taking: 1.70, 1.76,1.80(TP)
Cut Loss: 1.63