Trend Runner Trading Adventure

Technical analysis is the forecasting of market prices by means of analysis of data generated by the process of trading. Technical analysis relies on the assumption that markets discount everything except information generated by market action, ergo, all you need is data generated by market action. Let's join and discuss the technical analysis in depth on particular stock with the traders all over the world.

Tuesday, 5 July 2011

KURASIA (5097)

5 July 2011
Entry price: 0.52
profit takaing: 0.54, 0.56,0.58
cut loss: 0.48
uptrend
CandleStick: double hammers, high chance to reverse
ADX: Strong momentum bullish
MACD: Bullish waiting for 4R1G
RSI: Above 70% bullish
Sto: Cross above 80% bullish
Conclusion: 5 bulls

Posted by XTrader at 08:42
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3 comments:

  1. XTrader6 July 2011 at 06:59

    Hit our entry price. Prepare to ride with bull!

    ReplyDelete
  2. Jessprince6 July 2011 at 23:19

    Selling force so high... it is appropriate to enter at this price?

    ReplyDelete
  3. XTrader7 July 2011 at 08:48

    Jess,
    Today selling pressure high in second half by big shark. It close 0.525 today :) All signal still look fine. Don't worry.

    ReplyDelete

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