well if it breakouts of the 41.5 sen...
this would have been an ascending triangle breakout.






and how does one trade such a possible play?
be the early worm?
or wait ........

so it's a go or wait?

This post has been edited by spring onion: Aug 16 2016, 12:13 AM

LOL !!!!!

You don't think who think then?

Everyone also having doubts, some take opportunity. Up to you all.

It's all about the risk.

Early worm can get the bird

But the risk for the poor worm is..........
the breakout might not happen...
or worse still....
a breakdown could happen....

Waiting?
Some are good chaser....
Some? Cry like 2nd mother saying the damn ayam lari .....


Me ?

I write toxic garbage only nia.....

Of course. Technically, even whatever I write here is also toxic.

At the end of the day, we still have to make our own judgment and research before just hantaming every share. Because the individuals make the call not us.

Honestly....

buying a ticket first VS whacking upon breakout is such an interesting issue for traders.

there doesn't seem to be a 100% correct method.

sometimes it pays greatly to be the early worm.

many times it doesn't.



and for those who understand this issue....

it's a bit like investors.....

for example....

the oil plunge of recent.

many deducted from their value reasoning...
them beaten down stocks would represent fantastic deep value investing opportunity....
many moons have passed since then...
and the 'current' or is it 'end' results ....
it's clear that it did not pay to be the early worm....

yeah...
belum sell belum rugi....
of course....
but remember...
1) if ever need of cash - ie the urgent need to cash out.... those belum rugi stocks WILL HAVE TO BE SOLD AT A LOST
2) the wasted opportunity. these money could have been invested in much better investment that would have yielded far better results.

of course...
there are many cases where such investing worked.

but whatever it is....
like I said....
understanding that four letter word....
the word starting with the letter R...

there dont seem to be handbrake for kesm

As its name implies, there are two parts to the pattern: the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom. As the cup is completed, a trading range develops on the right hand side and the handle is formed. A subsequent breakout from the handle's trading range signals a continuation of the prior advance.



Jabil Circuit, Inc (JBL) Cup with Handle example chart from StockCharts.com

Trend: To qualify as a continuation pattern, a prior trend should exist. Ideally, the trend should be a few months old and not too mature. The more mature the trend, the less chance that the pattern marks a continuation or the less upside potential.

Cup: The cup should be “U” shaped and resemble a bowl or rounding bottom. A “V” shaped bottom would be considered too sharp of a reversal to qualify. The softer “U” shape ensures that the cup is a consolidation pattern with valid support at the bottom of the “U”. The perfect pattern would have equal highs on both sides of the cup, but this is not always the case.

Cup Depth: Ideally, the depth of the cup should retrace 1/3 or less of the previous advance. However, with volatile markets and over-reactions, the retracement could range from 1/3 to 1/2. In extreme situations, the maximum retracement could be 2/3, which conforms with Dow Theory.

Handle: After the high forms on the right side of the cup, there is a pullback that forms the handle. Sometimes this handle resembles a flag or pennant that slopes downward, other times it is just a short pullback. The handle represents the final consolidation/pullback before the big breakout and can retrace up to 1/3 of the cup's advance, but usually not more. The smaller the retracement, the more bullish the formation and significant the breakout. Sometimes it is prudent to wait for a break above the resistance line established by the highs of the cup.

Duration: The cup can extend from 1 to 6 months, sometimes longer on weekly charts. The handle can be from 1 week to many weeks and ideally completes within 1-4 weeks.

[/B]Volume: There should be a substantial increase in volume on the breakout above the handle's resistance.

Target: The projected advance after breakout can be estimated by measuring the distance from the right peak of the cup to the bottom of the cup.

As with most chart patterns, it is more important to capture the essence of the pattern than the particulars. The cup is a bowl-shaped consolidation and the handle is a short pullback followed by a breakout with expanding volume. A cup retracement of 62% may not fit the pattern requirements, but a particular stock's pattern may still capture the essence of the Cup with Handle.

http://stockcharts.com/school/doku.php?id=...le_continuation

The below chart...



That is not a cup and handle.

Wow the breakout, i just only realized....

look for ULICORP rebound.

Wow everyday got stocks breakout, I just only realized....

no other stocks meh

Wow. What happened?

Nothing much happened....

just that the floor collapsed rather spectacularly....

atm down 22% !!







ps....
I think better don't die a hero...
there are so many other stocks.

what happened to ulicorp? lol.. scgm, ulicop and slp all same fate.

i caught the falling knife yesterday. :'(

SLP. A growth stock whose earning 'stopped' growing .....



Don't die a hero....

...............




sorry to hear.

you might seriously wanna consider the cut loss option.





u caught which knife?

i caught ulicorp and scgm.

any comments boon?

yesterday big fall i tot gonna rebound today, mana tau drop again

This post has been edited by twhong_91: Aug 18 2016, 10:14 AM