Pretty damn risky to ask me what I want....

Thank you sifu boon

I think the main criteria is the volume must be convincing for the Cup and Handle

sifut ur head laaaa.....



Volume must be there both sides of the cup...
middle/center/bottom = almost no volume...

then the handle.... how it is FORMED is very important...


never buy at the bottom of the handle? Why? You subject yourself to the risk of a failed cup&handle.


YES! FAILED PATTERNS are actually more common!!!





Call me the S name again...
and I will promote you....
to the ignore list.

ok ok, i shall call u master boon

Yes the volume has to be the side, normally trader chase when it breakout with volume surging

i remember there is one chart Big cup hide medium cup hide small cup

Macam this sudah cup board laaaaa.....

no la...thn go up like no limit..i mcam see before leh forget which stock

TakoC

This would have been the chart I was looking at.



Well, upon seeing the chart more clearly, perhaps I SHOULD HAVE mentioned the doji (a bit long its leg) that was formed the previous day. Some would consider this as a trading buy.

... and judging from yesterday's movements... they were correct.




Made money?

tht company is shoplot office wor..beside BKT nearby my house area

Ya... there are quite a number of listed companies whose offices aren't impressive looking...
and yes... some operates in shop lot offices premises....
makes you wonder hor....

If you would have noted, this should be a turnaround play...
and whenever there are turnaround plays...
there will be many fansi....

and even I would be aroused occasionally....

but this one...
listed in 2012...
so fy 2012... usually don't count one la.... those prelisting numbers always fei kei ones....

by fy 2015 .... this bugger already started losing money...

so now fy 2016.... turnaround....

and as you know...
market always bet on future earnings one ma....
but this fella...
with such a track record....

how to trust deep deep and bet big big?

From Henry.

any guru wants to discuss this chart?

the last candle captured ard 12pm, not close for the day yet.

is it a buy or sell signal based on TA?



This post has been edited by lowya: Mar 31 2017, 11:54 AM

That bearish candle with the higher volume looks ugly though

bigger cup to medium cup to small cup ??????

which one leh?

frontkn maaa

No lah. All the counters mentioned here only got discussion purposes

Hope to get some thought on this too. High profile deal, but price down 9% upon closing.

Edit

This post has been edited by gark: Apr 1 2017, 09:57 PM

Happy April Fools everyone!

Let me fool everyone with a chart that I think has "potential" in the upcoming days, weeks and potentially months. Let us discuss one of my siggy shares, Parkson (and so, the pump and dump activity can continue and people like me can profit! Great plan right? Just kidding, April Fools again).

Sure everyone know that this company is a loss-making firm (well who would not thought about it). In the last few years, 5 years or so, it has been on a long term downtrend which if we zoom out of the chart, there is no full stop on this company. Every few or so month, the company's shares will get dragged down for the obvious reasons, their huge mistake in investing into China.

Let us look at the recent financial figures and we can see Parkson is profiting once again, albeit so far, up 10 million, down from 31 million of net profits during the same quarter. The net tangible assets as of now stands at RM2.38. But hey, this is a trading topic right? So why the whole talk about fundamentals in here? Bring us to the technical aspect part.

So remember that I have said it was down for about 5 years? If one were to argue, "But where got all downtrend? There was at least a stable phase on the one month chart in 2014." But if we were to zoom out to the weekly chart, short term wise, it has been proven a downtrend lagger and it has been nearly 90% since 2011. Embarrassing!

However, recently the chart has been stabilised since the start of the year and maintained consistency in 2017. Word abuzz come from privatisation, sale of their retail assets, blah, blah. This is not important. What is important is that, there is recently few upside down dragonfly Doris known as the "gravestone doji" appearing in the Parkson graph. Gravestone dojis usually appear when a bullrun has overran its course. But the weird case is that, it has showing up on the daily chart near the lowest point. Does this mean a bull is picking up again?

But anyway, this is just a prank. I am seriously wasting my time talking non-sense. Oh well, who will ever about it and of course, if anyone believes my analysis, look forward to my siggy first before buying or considering. Let us consider this an educational information for everyone.

Have a nice weekend ahead. Apologies for having me to take the pic as Investing.com is not really friendly in sharing links...

This post has been edited by ILoveLalat.net: Apr 1 2017, 10:36 PM


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