Showing posts with label TDM. Show all posts
Showing posts with label TDM. Show all posts

Saturday, 22 October 2011

TDM - Case Study


1. Trendline: Forming higher low, pending higher high for trend reversal confirmation (Semi-bull)
2. Volume analysis: Mark up occured on13/10/2011 with high vol (~0.26M), consolidate with low vol there after (10/14~10/21), possible breakout if break previous high with high volume support (>0.20M) (Semi-bear)
3. Bolingger Band Analysis: Upper band start widening with lower band tempering, indication of price move up (Bull)
4. EMA Analysis: Getting support from 10 EMA, and resistance at 50d EMA (once break, 50EMA, potential to breakout) - Neutral
5. ADX: Uptrend with with strong momentum (Bulll)
6. MACD: Histogram start to form rounding top (Bearish), indication for shorterm bearish at consolidation tunnel, wait for 4R1G (semi-bear)
7. RSI: Rebounce up touchig 70%, will be bullish if break 70%. (Semi-bull)
8. Stochastic: Rebounce from 70% (Bull)

Conclusion: 3 Bull 2 Semibull 1 Neutral 2 Semibear

Position: (Long)
Entry Price: 2.94
Profit Taking: 3.10, 3.19
Cut Loss: 2.83
RR: 1.45, 2.27

Monday, 25 July 2011

Case Study - TDM


1. Trendline : Uptrend (Bullish)
2. Candle Stick : Hanging man -- potentially bearish reversal (Bearish)
3. ADX: uptrend with high momentum (Bullish)
4. MACD : Trending up (Bullish)
5. RSI : Crossing above 70% (Bullish)
6. Stochastic: Above 80% (Bullish)
7. Volume Distribution: Shark is distributing while small & medium retailer are collecting. Beware! (Bearish)



Conclusion: 5 Bull 2 Bear

Entry Price: 3.13
Profit Taking: 3.17, 3.25, 3.33
Cut Loss: 2.99