Tuesday, 26 July 2011

Case Study - Dutalnd


1. Trendline : Sideway (Neautral)
2. Candle Stick : Long white body (Bullish)
3. Bollinger Band : Breakout after squeeze for 2.5 months with high volume support (Bullish)
4. ADX : Uptrend with weak momentum (Bullish)
5. MACD : Bullish crossover (Bullish)
6. RSI : Rebounce from 50% and pending to break 70% (Bullish)
7. Stochastic: Rebounce and break 50%, 80% (Bullish)
8. Volume Distribution: High buying pressure (Bullish)


Conclusion: 7 Bull 1 Neautral

Entry Price: 0.54
Profit Taking : 0.55, 0.58, 0.61
Cut Loss: 0.49

Case Study - KFC


1. Trendline : Sideway (Neautral)
2. ADX : Uptrend with strong momentum (Bullish)
3. MACD : Signal line trending up (Bullish)
4. RSI : Rebounce and pending to break 70% (Bullish)
5. Stochastic : Rebounce from 50% and break 80% with bullish kissing (Bullish)
6. Volume Distribution: Strong buying force (Bullish)


Conclusion: 5 Bull 1 Neautral

Entry Price: 4.00
Profit Taking : 4.09, 4.31, 4.45
Cut Loss : 3.83

Remarks: Beware of getting trap as this setup is a sideway unless breakout with volume support.