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.

Thursday 4 August 2011

XOX will continue bull?

Trend: Uptrend (Bull)
ADX: Bull crossover bear with strong momentum (Bull)
MACD: Uptrend (bull)
RSI: Cross above 50% from below (Bull)
STO: Bull crossover bear with signal line above 80% (bull)
Volume distribution: Strong buy force(Bull)
Conclusion: 6 bulls
Entry: 0.37
TP: 0.435
Cut loss: 0.35
Posted by XTrader at 09:17 0 comments
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