1. If it drop below 9.70 and IF 9.70 is the support, then technical definition is the stock broke support.

2. "9.7 marked an all time low in recent weeks, back then, so that's how I justified the support. It did drop below 9.7 for a few days, and then bounced back up."...

If I take the one year chart and draw out the 9.70 line, this is what you are looking at.



And this is the zoom in view of the 9.70.



This post has been edited by Boon3: Mar 31 2014, 03:49 PM

1. Yea, that means my support level wasn't accurate at all Well, for Genting still okay, slightly off. But for many others, really way off. That's why I'm trying to learn from chart master here

I'm not aiming for 100% accuracy, but at least a 80%, which I fail to hit most of the time.

2. Ya, my bench was 2 - 3 months. That's why I said in recent weeks.

YOU didn't even noticed I posted the same chart twice.





First thing to learn is.....


learn to search from Uncle la.....

That's what the internet is for.

Skynet program trading again!


See? See? See?

Saw that lol.

What Skynet trading?

Dunno skynet meh??

Skynet the computers mah....

These computers rule the world ......


Cannot see meh?

I thought riding the wave when I see a surge in volume, mana tau... after I bought, I monitor the transaction for 1hour, all is small lots... like ikan bilis trap... run lor...

I thought the courier company skynet pulak .....

5401 ... PUSHHHHHHHH

Yeah, what a sudden push... lots of landbanks... another sale coming? Or time to unveil a new project?

This is Friday's transaction for KLK





This is today's KLK transactions....

Let me interpret....

On Friday at 12.28pm, you sold 100 lots of KLK at 24.04.
Today at 4.44pm, you sold 14000 lots of KLK at 24.10.

Calculations total up to approx. RM33 million.

Your lucky number 3...

Can see. And U must be John Connor.

Wahahaha!!!

You are now grandmaster level liao!

Geng lor you boon

Your 5401 also very the geng!

Recovering from last year's paper loss. Long way to go

i kena in Petgas...

sifu boon, mind to share the line chart?

thanks

Petgas same story.

Pushed up Friday, towards the close to end of trading and then whacked down on Monday.






Compare the time of the selldown on Monday for Petgas and KLK ....

Let me put them side by side ...




Did you notice at that time, KLCI suddenly nose dived?

This post has been edited by Boon3: Apr 1 2014, 07:33 AM

Anything to buy? or new horse @Boon3

watch at sideline again?