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.

Sunday 13 May 2012

LFECORP (7170)


LFECORP is interesting, extraordinary high volume! Lets analyze it technically
Trend:Side way (Neutral)
MACD: Bullish line cross above bearish line (Bull)
RSI: 70% (Bull)
STO: Above 50% (Bull)
Volume Distribution: High buy force (Bull)
Conclusion: 4 bulls 1 neutral

Entry: Fish at 0.15
TP:0.17
CL: 0.14

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