waiting for 4.45 magic....

this one i kinda agree, who knows during fixing price then suddenly press it down....

Normally for me, for the double bottom to be valid, I'd put one more indi (my favourite is stoc), and find if there is a divergence between the price action and the indi. Of course, technically, the double bottom valid when it breaks out the neckline....

mind sharing your weapon?

yes some person can short the market legally, but if i'm not mistaken, not every counter they can short. Most are from index stocks only. You can check from Bursa's website....

THHEAVY:



I entered this morning when the price overtake yesterday high (0.48)

The reasons I entered:

1. Divergence btw price and stoch. you can see from the red line that i draw, price moving lower but stoch making higher low.

2. Price at dynamic support (trendline) and 50% fibo support. Confluence of supports level increase my probability

3. My cut loss level is 0.46, which is about 2-3 sens, which I think acceptable for me.

The only thing I don't have, is price target. This could be fatal. If the resistance at 50 sens is very strong, the price may go down below my cut loss level, and I have to cut my loss. However, I'm holding some 'information' that could be advantages to me, which is not available from the chart.

DISCLAIMER:

Not an invitation to buy or sell. The information provided is merely for educational purposes.

my bad... not all index counters available for short sell

and yeah there are some penny counters those players can short sell as well

http://www.bursamalaysia.com/misc/system/a..._rr8_230712.pdf

anyone can use Bursa Station, just pay lor....haha

let see if got amedia

PADINI






Broke the head and shoulder neckline, heading towards the trendline and MA 200 (red line)

maybe can try to catch the falling knife at that area (1.70)?



DISCLAIMER:

Not an invitation to buy or sell. The information provided is merely for educational purposes.

This post has been edited by ciahcra: Oct 15 2012, 04:00 PM

Depends, if there are confluence of supports, then I may want to give it a try....

But most of the time, I won't do it, and I certainly won't do it on shark counters.

Padini still looks like a good counter for me, but I have not been checking for their fundamentals for quite sometime already. Maybe there are some changes in the fundamentals, which explains the reason for the recent sell down.

If no changes in fundamental, then I'll give a shot

So, what are 'possible' bull stocks under your watch?

haha...

I don't know, but I can see that the competition is very stiff. I read article somewhere 2 weeks ago claiming H&M having the cheapest products in their store. Don't know true or not. But if it is true, then that could be some serious threat for padini, especially if H&M starts spreading their wings here. You can also see Uniqlo almost everywhere (not literally everywhere la, but most major malls I think got uniqlo). This is also a threat for padini

This one I have to agree

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Added on October 15, 2012, 4:53 pmcan put FCPO charts here?

This post has been edited by ciahcra: Oct 15 2012, 04:53 PM

no pro....still learning, hoping that if I post it here, and there's something wrong, someone can point it out, so that I can learn more

Will try to post FCPO charts from time to time...

UOADEV: H&S breaking out?




Target: RM1.90

Cut Loss: RM1.65 (candle goes back to below neckline, and close low)
RM1.60 (break down the right shoulder)

Entry: RM1.70

Reward: 1) If CL = 1.65, Risk = RM0.05 Rewards = RM0.20 (Risk Reward Ratio = 1:4)

2) If CL = 1.60, Risk = RM0.10 Rewards = RM0.20 (Risk Reward Ratio = 1:2)


Looks like not so bad.



DISCLAIMER:

Not an invitation to buy or sell. The information provided is merely for educational purposes.

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Added on October 16, 2012, 10:24 amFKLI



Should I short?

This post has been edited by ciahcra: Oct 16 2012, 10:24 AM

sometimes, depends on whatever on sales. haha


I don't know. but most likely I'll take profit first if reach that level.

I'm interested to know what would you do when you look at that chart.

I don't research much on UOA, so I have to rely on whatever the chart tells me.

But I have to say you and I have similar traits. My frequency of playing also is less, especially for share market. If I want to trade frequently, I better off with my FCPO.

For shares, my holding period normally between 3-6 months (sometimes longer, especially for good shares), before I dispose it off. Therefore, I need to be confident as well with their fundamentals before I commit.

As for UOA, I'm just demonstrating the use of TA.

WASEONG




No chart pattern whatsoever..

I'm more interested in the divergence between price and stoch. and how the MACD trending up

plus, vol for the past 3-4 weeks looks consistently high.

somebody's accumulating?


DISCLAIMER:

Not an invitation to buy or sell. The information provided is merely for educational purposes.


This post has been edited by ciahcra: Oct 16 2012, 11:16 AM

almost reach the H&S target already (around RM2.80 i think)

FKLI I got short 1658. hopefully don't go back up....

don't want fkli to go up, but want my shares that I hold to go up....possible ah? haha

hit my target at 1653...