Edwin, I agree with you that Cocoaland is interesting.
Just curious.
You said 'Break below 2.54 with high volume ( 8K Lots) - Target lose at 2.06 ( 18.9%)'.
Why not set a CL at 2.40?

Bullish Pennant can go both way..

If break below , just provide some precaution that it might hit the target which is 18% below. Scary..

Why 2.54 and not 2.4 because pennant plays is about a few cents below the Pennant Line..

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Added on September 24, 2012, 9:17 pmJohotin reaches the higher at 2.22 and many investor took profit and retracing to the uptrend line again.. Possible to pick up for another bull run..


Let Check on the Johotin Chart which was closed on Sept 24 2012.





ndicators
1 ) Trendline - Broke above Uptrendline ( Bullish)
2) Support/Resistance - Formed higher low and Higher High (Bullish)
3) MACD - Formed bearish crossover (Bearish) . If 4R1G occur potential bullish reversal
4) RSI - Retracing toward 50% ( Bearish)
5) STO - Bearish Crossover and retracing toward 50% ( Bearish)
6) Ichimoku - a) Price above support cloud (Bullish).
b) Conversion line above the base line (Bullish).
c) Price above the baseline ( Bullish)
7) Candlestick Pattern : Formed bullish engulfing above a hammer ( Bullish)


Conclusion:
Bullish

E ( Entry) : 2.06 ( Ensure closed above this price)
S ( Stop Loss) : 1.96
P ( Profit) : 2.20
RRR (Risk to Reward Ratio) = 1.4 (Slightly Rewarding)

E ( Entry) : 2.06 ( Ensure closed above this price)
S ( Stop Loss) : 1.96
P ( Profit) : 2.32
RRR (Risk to Reward Ratio) = 2.6 (Rewarding)

Resistance at 2.22 / 2.12 / 2.34 / 2.48
Support at 1.87 / 1.8 / 1.75

This post has been edited by edwin32us: Sep 24 2012, 09:22 PM

This Budget 2013, probably something good for MBSB again?

CBL is the chairman of Ingens..

Will Carlsbg have a little kumo rebound as happened twice past? If continue downtrend or break further down, then change to another indicator for assessment purpose.



This post has been edited by primepeng: Sep 25 2012, 01:24 AM

so ur conclusion is....

for optimistic shareholder, hold/wait for a bullish signal when the price passes above the blue line aka base line or 12.04.
two bullish signal will show up: 1st price reach above blue line, and 2nd red line go above blue line. also set one exit price though.
budget and dividend ex date will show up on the same week, I predict there to be another U turn on exdate prior to rebound.


This post has been edited by primepeng: Sep 25 2012, 02:08 AM

I guess CL is quite subjective questions. It is all depend on your risk appetite and how much cash in your bank !

Sky gor said that MBSB get Sungai Buloh medium range house project

For cocolnd
E = 2.68( break above the bullish pennant)
s = 2.54 ( break below 1~2% below the bullish pennant)
P = 2.8 , 2.85 , 2.9 and 3.1

I doubt it will occur since the global is bearish again..

Gold had a big slip yesterday night.

Gold down nearly 1%; dollar gains on growth fears

SAN FRANCISCO (MarketWatch) — Gold futures sold off on Monday, as a stronger dollar and profit-taking after recent highs took a toll on metals and other commodities futures.

The broader metals complex tracked gold lower, with palladium among the top losers, off nearly 4%.

Despite the daily losses, however, metals and particularly gold are far from having lost their allure.

Gold enjoyed price forecast upgrades and renewed interest from money managers and retail investors through exchange-traded funds. Goldman Sachs made a bullish call for commodities, with industrial and precious metals among its top picks. Read Goldman Sachs's bullish call on commodities, including copper.

Gold has gained for five consecutive weeks, buoyed by the U.S. Federal Reserve’s latest round of quantitative easing and policy action by central banks in Europe and Japan which has encouraged buyers to seek tangible assets amid fears of inflation.

Gold is viewed as a safe store of value and tends to benefit from expectations of currency debasement. Monday’s fall chipped away at monthly and yearly gains, but those are still at a respectable 4.7% for the month and nearly 13% for the year.

Gold for December delivery (XCEC:GCZ2) declined $13.40, or 0.8%, to end at $1,764.60 an ounce on the Comex division of the New York Mercantile Exchange.

Many investors wanted to be long on gold over the weekend as a cautionary measure, but dumped gold and other metals on Monday to take recent profits, said Carlos Sanchez, director of risk management at CPM Group in New York...




This post has been edited by Boon3: Sep 25 2012, 08:25 AM

Thanks for the updates.

Cannot find thank button in the forum

aiya.. lazy update on blog everyday.. so i update here lo...

looks like yesterday volume so little... but CI drop a lot ah

I told u , heavy sellings by the hedge funds.

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Added on September 25, 2012, 8:28 amAng Mo may try to short Futures

U may buy on big dips

This post has been edited by SKY 1809: Sep 25 2012, 08:28 AM

Give him a kick.

Oops... it should be cake.

Roti kaya.

Today should be a Technical rebound if not wrong.. but let the market tells the answer better..

today my birthday wish is MAS shoot up RM5 ! MAS-CG become 50cents ! Fuuuuuhhhh ! thank you !

Are you forcing us to ......

Happy Birthday Chef, may your wish come true..

birthday present please~ eat up the MAS until RM5 ! loloololol

thank youuuu !! hehehee! wish you huat also !