It just broke the support at 0.74.. Thought it will bounce on the support..

Next support at 0.69

Better not buy when market sentiment is bearish

Now up stock = 140
Down stock =300

most of the entry price fail to hit all most of the counters are bearish. Just wait on 1621 support at klse

JCY

Bullish -

E ( Entry) :0.78( Closed at or above it)
S ( Stop Loss) : 0.72
P ( Profit) :0.89
RRR (Risk to Reward Ratio) =1.83 (Rewarding)

E ( Entry) :0.81( Closed at or above it)
S ( Stop Loss) : 0.77
P ( Profit) :0.89
RRR (Risk to Reward Ratio) =2 (Rewarding)


Resistance at 0.82 / 0.91 / 1.01/ 1.06
Support at 0.74 / 0.7 / 0.65 / 0.615


Redtone

Bullish -
E ( Entry) :0.395 ( Closed at or above it)
S ( Stop Loss) : 0.375
P ( Profit) :0.425
RRR (Risk to Reward Ratio) = 1.5 (Average)

Bullish -
E ( Entry) :0.395 ( Closed at or above it)
S ( Stop Loss) : 0.375
P ( Profit) :0.435
RRR (Risk to Reward Ratio) = 2 (Average)



Resistance 1.11/ 1.15 / 1.16/ 1.2 / 1.23 / 1.25
Support 1.06 / 1.02 / 0.995 / 0.97 / 0.93




PERISAI

Bullish -
E ( Entry) :1.08 ( Closed at or above it)
S ( Stop Loss) : 1.04
P ( Profit) :1.11
RRR (Risk to Reward Ratio) = 0.75 (RISKY)


E ( Entry) :1.08 ( Closed at or above it)
S ( Stop Loss) : 1.04
P ( Profit) :1.13
RRR (Risk to Reward Ratio) = 1.25 (Average)


E ( Entry) :1.08 ( Closed at or above it)
S ( Stop Loss) : 1.04
P ( Profit) :1.18
RRR (Risk to Reward Ratio) = 2.5 (Rewarding)

E ( Entry) :1.08 ( Closed at or above it)
S ( Stop Loss) : 1.04
P ( Profit) :1.21 (Breakout Symmetrical Triangle)
RRR (Risk to Reward Ratio) = 2.5 (Rewarding)


Resistance 1.11/ 1.15 / 1.16/ 1.2 / 1.23 / 1.25
Support 1.06 / 1.02 / 0.995 / 0.97 / 0.93

TYPO error

Resistance 0.41 / 0.435 / 0.45 / 0.46
Support 0.38 / 0.372 / 0.36

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Added on November 9, 2012, 12:11 pmYes it is also an ascending triangle if break above 0.41..

This post has been edited by edwin32us: Nov 9 2012, 12:11 PM

Malas to post pictures haha. Upload take very long

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Added on November 9, 2012, 3:23 pmJCY

Bullish -

E ( Entry) :0.78( Closed at or above it)
S ( Stop Loss) : 0.72
P ( Profit) :0.89
RRR (Risk to Reward Ratio) =1.83 (Rewarding)

E ( Entry) :0.81( Closed at or above it)
S ( Stop Loss) : 0.77
P ( Profit) :0.89
RRR (Risk to Reward Ratio) =2 (Rewarding)
Resistance at 0.82 / 0.91 / 1.01/ 1.06
Support at 0.74 / 0.7 / 0.65 / 0.615

Now at 0.77 almost reaching entry price..





Amedia

RISKY BUY BUT BIG GAIN..

E ( Entry) : 0.42
S ( Stop Loss) : 0.36
P ( Profit) : 0.455
RRR (Risk to Reward Ratio) = 0.58 (Risky)

E ( Entry) : 0.42
S ( Stop Loss) : 0.36
P ( Profit) : 0.5
RRR (Risk to Reward Ratio) = 1.33 (Average)

Now at 0.395 faster faster reach loh.. Waited for so long liao

This post has been edited by edwin32us: Nov 9 2012, 03:23 PM

Well said by our sifu..

Carlsberg

Bullish -


Support rebound play
E ( Entry) :12.85 ( Closed at or above it) -
S ( Stop Loss) : 12.4
P ( Profit) :13.15
RRR (Risk to Reward Ratio) = 0.67 (RISKY)

E ( Entry) :12.85 ( Closed at or above it) -
S ( Stop Loss) : 12.4
P ( Profit) :13.70
RRR (Risk to Reward Ratio) = 1.89 (Average)


Uptrend play
E ( Entry) :13 ( Closed at or above it) -
S ( Stop Loss) : 12.7
P ( Profit) :13.7
RRR (Risk to Reward Ratio) = 2.33 (Slightly Rewarding)


Alam Broke support

Resistance at 0.67 / 0.695 / 0.715 / 0.735 / 0.78 / 0.79 / 0.815
Support at 0.645 / 0.59

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Added on November 12, 2012, 8:54 amTesting redtone 0.41 resistance. If break ascending triangle tp can reach to 0.5

But currently tp profit some at 0.425 and 0.435

This post has been edited by edwin32us: Nov 12 2012, 08:54 AM

Few Counters to monitor..



Gpacket
Reaching entry price

E ( Entry) : 0.61 ( Ensure closed above this price)
S ( Stop Loss) : 0.56
P ( Profit) : 0.67
RRR (Risk to Reward Ratio) = 1.2 (Slightly Rewarding)

E ( Entry) : 0.61 ( Ensure closed above this price)
S ( Stop Loss) : 0.57
P ( Profit) : 0.69
RRR (Risk to Reward Ratio) = 1.6 (Slightly Rewarding)

E ( Entry) : 0.61 ( Ensure closed above this price)
S ( Stop Loss) : 0.57
P ( Profit) : 0.725
RRR (Risk to Reward Ratio) = 2.3 (Rewarding)




SKPETRO formed higher low




Bullish -

E ( Entry) :2.90 ( Closed at or above it)
S ( Stop Loss) : 2.8
P ( Profit) : 3
RRR (Risk to Reward Ratio) = 1(Average)

E ( Entry) :2.90 ( Closed at or above it)
S ( Stop Loss) : 2.8
P ( Profit) : 3.05
RRR (Risk to Reward Ratio) = 1.5 (Average)

Resistance = 2.89 / 2.93 / 3.08 / 3.33
SUPPORT AT 2.83 / 2.8 / 2.73 / 2.68 / 2.65



Alam hit entry price..

E ( Entry) :0.68 (Meet entry price closed a 0.685)
S ( Stop Loss) : 0.64
P ( Profit) :0.73 ----> Try to sell 50% here and then try for 0.77... if it goes up and goes down below 0.73 then sell it there..
RRR (Risk to Reward Ratio) = 1.25 (Average)

E ( Entry) :0.68((Meet entry price closed a 0.685)
S ( Stop Loss) : 0.64
P ( Profit) :0.77
RRR (Risk to Reward Ratio) = 2.25 (Slightly Rewarding)


Dayang potentially forming higher low



Support rebound play
E ( Entry) 2.23 ( Closed at or above it) -
S ( Stop Loss) : 2.19
P ( Profit) :2.27
RRR (Risk to Reward Ratio) = 1 (Average)

E ( Entry) 2.23 ( Closed at or above it) -
S ( Stop Loss) : 2.19
P ( Profit) :2.34
RRR (Risk to Reward Ratio) = 2.75 (Rewarding)

1) Dayang Hit Target Profit
2) SK PETRO Hit entry Price
3) Gpacket failed to hit entry price
4) JCY hit entry Price
5) Redtone went back to the entry price after news is out..

Yeah... bought some JCY and hope it will reach the TP at 0.87

Few counter to monitor

Amedia - Bollinger Squeeze
RSAWIT - Formed MACD 4R1G
Kulim - Formed MACD 4R1G
PErisai - Brokeout from Symmetrical Triangle
JCY - Broke resistance of 0.795 and testing the next resistance at 0.815
Red tone - Going for the second option and retesting the 0.41 ascending triangle resistance
AirAsia - Broke the support at 2.94
KNM broke the support at 0.515

As long as it did not break below the 0.385 it is still intact on the second option..

Indicators
1 ) Trendline - Broke below the uptrend line .. ( Bearish )
2) Support/Resistance - Broke below the previous low ( Bearish )
3) MACD -Bearish Crossover ( Bearish ) . Awaiting for 4R1G signal
4) RSI - Broken below 30% (Bearish) ,
5) STO - Broke below 20% and bearish crossover (Bearish)
6) Ichimoku - a) Price coming entering from the support cloud (Bearish).
b) Conversion line below the base line (Bearish).
c) Price close below the baseline ( Bearish) .
7) Candlestick pattern - Black Candle (Bearish).
8) Market Sentiment - US index went up positive after optimistic budget talk on how to resolve the fiscal issue.



Conclusion:
Bearish
KLSE is a typical Index which does not affect much by other global index . Closed with a spinning top on the support at 1621. Tomorrow is the decision day whether to rebound or break below the 1621 support..

Resistance- 1649 / 1668 /1681 /1725
Support - 1621 / 1600 / 1594 / 1581

DRBHICOM breaking above the support cloud




Indicators
1 ) Trendline - Broke above the down trendline (Bullish )
2) Support/Resistance -Formed higher low (Bullish )
3) MACD - Formed 4R3G and bullish crossover (Bullish )
4) RSI - Moving sideways.. If break above 70% will indicate more bullish
5) STO -Bullish Crossover and rebound from 20% (Bullish ) .
6) Ichimoku - a) Breaking above support cloud (Slightly Bullish ). If break above 2.52 will indicate more bullish
b) Conversion line below the base line (Bearish).
c) Price above the baseline ( Bullish )

Conclusion:
Bullish -

Entry Price at 2.53
Stop Loss at 2.48
Take Profit at 2.58
Risk to Reward Ration ( RRR) =1 (Average)

Entry Price at 2.53
Stop Loss at 2.48
Take Profit at 2.63
Risk to Reward Ration ( RRR) =2 (Slightly Rewarding )


Resistance - 2.52 / 2.6 / 2.66 / 2.72
Support - 2.5 / 2.39 / 2.35

Broke the 0.815 resistance .. time to head to next resistance at 0.825 and then 0.89

Break out from bollinger squeeze ..

KLSE might formed a doji star on last Friday and stopping to take a breather before it next big move whether to bear or bull..





Indicators
1 ) Trendline - Broke above the downtrend.. ( Bullish)
2) Support/Resistance - Formed lower low ( Bearish )
3) MACD -Negative portion ( Bearish )
4) RSI - Still below 30% (Bearish) ,
5) STO - bullish crossover and broke above 20% (Bullish) I
6) Ichimoku - a) Price coming entering from the support cloud (Bearish).
b) Conversion line below the base line (Bearish).
c) Price close below the baseline ( Bearish) .
7) Candlestick pattern - Evening Star in the making (Bearish).


Conclusion:
Bearish
As long as it is below the support cloud it will be still bearish. If it break above 1621 there is hope of bullish but if break below 1600 will indicate bearish to test the next support at 1594.

Resistance- 1621 / 1649 / 1668 /1681 /1725
Support - 1600 / 1594 / 1581

DAYANG

Look like Dayang Formed a higher low after a 2 day white candle confirmation..



Indicators
1 ) Trendline - Broke above the downtrend line .. ( Bullish)
2) Support/Resistance - Formed higher high and formed higher low ( Bullish)
3) MACD - Negative ( Bearish) . Waiting for 4R1G signal for more confirm bullish reversal sign.
4) RSI - Rebounding from 50% (Bullish) ,
5) STO -About to rebound. If bullish crossover will indicate more bullish.
6) Ichimoku - a) Price above the support cloud ( Bullish)
b) Conversion line meeting the base line
c) Price close below the baseline ( Bearish)
7) Candlestick pattern - 2 day white candle after hammer (bullish).


Conclusion:
Bullish but overall market is bad .. Enter at cautious monitoring..


E ( Entry) 2.26( Closed at or above it) -
S ( Stop Loss) : 2.34
P ( Profit) :2.23
RRR (Risk to Reward Ratio) = 2.67 (Slightly Rewarding)