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, 13 July 2011

14 July stock to watch

KULIM, 2 white candles after double doji, indicating bullish signal.  ADX is flat indicate that price correction is happening.  MACD waiting for bull to cross bear from below, undetermine now.  RSI and STO showing bullish signal.  Volume distribution showing great buy force, bullish!

Entry price: 3.61
Take profit: 3.66,3.83
Cut loss: 3.53

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