Monday, 25 July 2011

Case Study - Kulim (Monitor for BB Squeue Breakout)


1. Trendline: Sideway (Neautral)
2. Candle stick : white candle Bar (Bullish)
3. Bollinger Band squeue for 1 month pending breakout -- (Neautral)
4. Moving above 20, 50, 200 EMA (Bullish)
5. ADX: Uptrend with weak momentum (Bullish)
6. MACD : 3R2G (Bullish)
7. RSI: Break 50% (Bullish)
8. Stochastic: Break 50% with bullish crossover (Bullish)
9. Volume Distribution: Selling force is high (Bearish)





Conclusion: 6 Bull 1 Bear 2 Neautral

Entry Price : 3.61
Profit Taking: 3.66, 3.95
Cut Loss: 3.46

Remark: Monitor for BB breakout with entry price and TP above.

Case Study - Johotin


1. Trend Line: Higher Low (Bullish)
2. Candle Stick: White body (Bullish)
3. ADX: Uptrend with strong momentum (Bullish)
4. MACD: 4R3G with bullish crossover (Bullish)
5. RSI : Drop to 50% (Bearish)
6. Stochastic: Break 80% with bullish crossover (Bullish)
7. Volume Distribution: Strong Buying Force (Bullish)



Conclusion: 6 Bull 1 Bear

Entry Price: 0.94
Profit Taking: 0.99, 1.03, 1.06
Cut Loss: 0.86