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.

Wednesday, 3 August 2011

Mahsing

Trend: Form higher low, waiting to form higher high (Neutral)
ADX: Downtrend (Bearish)
MACD: Bullish crossover bearish (Bullish)
RSI: Moving upward (bullish)
STO: Uptrend (bullish)
Volume distribution: Strong sell force (bearish)
Conclusion: 3 Bull 2 bear 1 neutral
Entry Price: 2.53
TP: 2.55, 2.63, 2.68
Cut Loss: 2.4
Posted by XTrader at 09:06
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)