Case Study - Ulicorp (Potential Symmetry Triangle Breakout)

1. Trend : Uptrend (Bullish)
2. Forming higher low (Bullish)
3. ADX :  Uptrend with strong momentum (Bullish)
4. MACD: Bullish crossover (Bullish)
5. RSI:  Pending crossover 70% (Neautral)
6. Stochastic: Cross below 80% (Bearish)
7. Symmetry Triangle Pattern: Breakout without volume support -- might potentially false breakout (small bull)
8. Bollinger Band: Uptrend for shorterm (Bullish)
9. Candle Stick : Shooting Star Formation, potential bearish reversal -- pending confirmatioon (Bearish)
10. Volume Distribution Analysis: High buying force (Bullish)

 
Conclusion: 7 Bull 1 Neautral 2 Bear

Entry price: 1.25
Profit Taking: 1.40, 1.58
Cut Loss: 1.06

Remarks: Candle stick form a shooting star during uptrend and at high. Potential bearish reversal. Make you position after confirmation.

Ulicorp - Pending Symmetry Triangle Breakout

1. Trend : Uptrend (Bullish)
2. Forming higher low (Bullish)
3. ADX :  Uptrend with strong momentum (Bullish)
4. MACD: Potential bullish / bearish crossover 3R1G (Bullish)
5. RSI:  Reverse above 50% (Bullish)
6. Stochastic: Break above 50% (Bullish)
7. Symmetry Triangle Pattern: Pending breakout with volume support (Neautral)
8. Volume Distribution Analysis: Higher selling force (Bearish)

Conclusion: 6 Bull 1 Bear 1 Neautral

Entry price: 1.21
Profit Taking: 1.23,1.31 1.44, 1.52, 1.65 (TP)
Cut Loss: 1.06

Remarks : Enter only when breakout with large volume. Cautious to get into bull trap.

Case Study - Ulicorp

1. Trend : Uptrend (Bullish)
2. Forming higher low (Bullish)
3. ADX : Above 40 -- Oversold, +DI is above -DI --> Uptrend with strong momentum (Bullish)
4. MACD: Potential bullish / bearish crossover 4G1R (Bearish)
5. RSI:  Maintained above 50% (Bullish)
6. Stochastic: Break50% with bullish / bearish kissing (Bullish)
7. Symmetry Triangle Pattern: if breakout with TP (1.69)
8. News: ULICORP worth 2.12 per shares...
9. Volume Distribution Analysis: Big sharp is buying close to market end (14:00-15.30 time frame). Sell force are mainly from small retailer.

Conclusion: 7 Bull 1 Bear 1 Neautral

Entry price: 1.23
Profit Taking: 1.31, 1.44, 1.52, 1.67 (TP)
Cut Loss: 1.1

Case Study - Ulicorp

1. Trend : Uptrend (Bullish)
2. Forming higher low (Bullish)
3. Candle Stick: Long White Bar (Bullish)
4. ADX : Above 40 -- Oversold, +DI is above -DI --> Uptrend with strong momentum (Bullish)
5. MACD: 4R2G and potential bullish crossover (Bullish)
6. RSI:  Break 30% (Bullish)
7. Stochastic: Break50% with bullish crossover (Bullish)

Conclusion: 7 Bull 0 Bear

Entry Price: 1.19
Profit Taking: 1.28, 1.42
Cut Loss: 1.1