Not really a sell call but a request to be on the alert.
Phew! I actually thought SkyGor going to send me one flying kick.



Chef: Your Inix looks interesting.

I sold my Amedia long ago, but really salute those like Tan still holds on to Amedia.

Their choices and decisions .....

It's just an observation based on charts.

You can correct me anytime if I am wrong.
Based on my on-off observation (meaning I wasn't watching 100% lah), when the stock went from 70 sen to 1.00, I observed the upward movement to be very well 'controlled' or 'managed'.
Amedia then went pass the 1.00 region.
Come rain or shine, the stock was solid, it continued to remain in the 1.00-1.110 region.
Now September rain is almost going to close shop.
Which means close to one month, this stock with such a strong uptrend, is stuck in this region.
And the longer 'stuck' in this region, the chart pattern will become clear.
Can you see the chart pattern if Amedia remains in this region for a longer time and the implications?
Not asking you to dump and sell but I think it's good to be more cautious.

Hope I don't say wrong things.
Later.

the company still undervalue as u claim last time, i do think there is room of growth for the company when live broadcasting switch on.

Amedia consist 3% of my capital but contributed 40% of my paper gain

They always say all you need is one good counter.

gtg. later.

By right u should protect ( locked in ) yr profits ..........

There are some unknowns for us ....only the insiders know what is going on there.....

This post has been edited by SKY 1809: Sep 26 2012, 05:03 PM

digi today ride to the moon? aiseh..

IF Apple and Samsung can sell well in smartphones., then telcos should do well

what happened?

@yhtan

Aiya.. when u talk about need to read Annual Report.. it makes me feel like I am not going to do saving already...

gosh.. I will tutup mata tembak... those RM60 stocks..

Thanks Boon3.. Just following the Technical Analysis..

Manage to gain 5% in 1 day.. Hope will reach the TP for this counter and ready to click on the sell button if the Buying Pressure is less than Selling pressure like when it was at 2.22

Last time when at 2.22

Buy
2.22 30
2.21 10
2.2 50
2.19 30

Sell
2.23 300 ( When selling pressure is more than buying pressure.. Risk to go there is there)..
2.24 500
2.25 600

Johotin - Good Rebound hope will reach the TP
Amedia - Bullish Candle Stick- Bullish Harami.. If tomorrow another white candle.. Can sit and watch the movie for more profit..

Nice works. Keep it up

Thanks

Good TA Player.. hope you can share more TA knowledge with us..

yhtan: continue..

One option is to set your quit price higher, in order to preserve your great profits.
You could either assign a price level, for example if Amedia drops below 95 sen, you quit your position immediately and as Amedia moves higher, move this price level higher to say 98 sen or 1.00 etc etc...
Another way is you could use a percentage + price level to determine your quit price. Have your quit price set at 95 sen and include a 'if Amedia drops more than 6% in one single trading session', you call it quits.

And if the quit trigger is not triggered, just ride Amedia for as long as possible...

Nothing happenened la. It's just that I think Inix momentum is building up rather nicely.

Agreed. Just put a trailing stop...

---

Added on September 26, 2012, 7:46 pmAgreed. Just put a trailing stop...

This post has been edited by edwin32us: Sep 26 2012, 07:46 PM

Nice idea.

I read a few months back that Bursa incorporates the CL feature, meaning u could pre key in a lower future selling price if price does drop to your CL point.

Does Anyone use IT

This post has been edited by SKY 1809: Sep 26 2012, 07:47 PM

I am just in learning stage.. Just posting in the Blog so that i can always refer it using my iphone because i dont have the chart analyzer outside from my home pc..

In addition and refer back the accuracy by reading the history of the blog..

I am not aware of such feature.

There are many ways to incorporate a CL.
Sometimes, if you are trading on a longer time frame, one can base the CL on fundamentals too.

Having said all these, no matter how smart and careful we are, this is the shark infested pasar we are talking about.
There will be many times we can be shaken and stirred and made to look like a dummy whose brains are in our bottoms.

Best example I can share now is Johore Tin.
I traded it based on the earnings growth factor.
Then I got my brains shifted to my bottoms and made to look like a dummy because I got shaken out of the stock all because of the rights issue announcement.
The rights issue seemed totally redundant to me and I can not understand the need.
10 out of 10 times, my decision will still be the same and I would still continue to quit given such circumstances.
Sad thing is the stock continued to fly but only without me.
If there wasn't such an announcement, I don't think I would have exited the stock yet.
Oh well. No regrets. This is the share market and yes it's hard to exit the stock at the best possible price every time.
Many times, the stock can still go higher without us.

New Major Project to be analyzed.

The GLOVE SECTOR!!



Interesting News on the SAR virus.. This could be a booster for Glove Sectors

Health Officials Investigate New SARS-like Virus Detected in Second Person

A new virus.. similar to the deadly SARS virus.. has been identified in a patient who is critically ill in a London hospital.

Read more...



Let check on the Glove Index Sector for 26 September 2012



Indicators
1) Trendline - Broken above uptrend line at 21.28 ( Bullish ) .
2) Support/Resistance - Formed Lower low and lower high (Bearish)
3) MACD - Bullish Signal Meeting with the Bearish Signal. If bullish crossover will indicate bullish strength.
4) RSI - Broke above 30% and heading towards 50% (Bullish )
5) STO - Bullish Crossover and broke above 20% (Bullish )
6) Ichimoku - a) Price in the support cloud and rebound after hitting the bottom of the support cloud.. ( Bullish ).
b) Conversion line below the base line (Bearish).
c) Price close below the baseline ( Bearish) .
7) Candlestick pattern - Formed 2 white candle after a support hammer (Bullish) . N

that doesn't looks like a hammer.. Hammer should be lower tail long x2 than body..

MACD and Stochastic show positive..

anyway what stock is that? lol how come my chartnexus no GLOVE this stock 1?