My Trading Adventure

Technical Rebound : Telco

CP TEH
Publish date: Wed, 07 Nov 2012, 07:30 PM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.




Axiata : Another black candlestick, with VERY high volume generated today. RM5.68 will be the next level we should be checking.




DiGi : At RM 5 level, checking if it will rebound or further selling.




Maxis : I saw Maxis dropped yesterday ... today was too busy to monitor and it surprised me that a doji formed instead of another long black candlestick.



TM : Checking RM5.50 now ... some in my group bought at RM6, but when I cut-loss RM5.95, many are discipline enough to follow suit. Good. Low could go lower ... tho it is a good counter.

From the above, which will be your choice? I have to focus and buy into one. I have cut losses(small) on TM, and need to choose one.

technical rebound(batch 3) : I havc received a few e-mail regarding the e-meeting(will reply soon), a talk on technical rebound, which means ... placing conditions before we buy nearing to the bottom. So, those interested ... please contact me at cpteh@yahoo.com ...

Thanks



TEH

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Discussions
3 people like this. Showing 20 of 20 comments

djibaok

how about redtone? do you reckon redtone as a telco stock too?

2012-11-07 19:54

investor77

from intensity of drop, Axiata drop the most. Do you think buying call warrants of Axiata and TM is worth the risk?

2012-11-07 20:06

ctash

i wont buy yet...however i will monitor Maxis and Axiata based on the candlestick...

2012-11-07 22:06

minitrader

waiting to jump in...

2012-11-07 22:18

investor77

is it wait for hammer to appear after downtrend and then confirmed by doji ?

2012-11-07 23:14

minitrader

Doji is considered as a sign of possible reversal of price direction, but it can be viewed as a continuation pattern as well...so, wait and see...possible reversal anytime.... TM rsi at 23...could go lower before it reverses but not far off

2012-11-08 06:17

minitrader

my fear if it's a bear trap

2012-11-08 06:29

sathya

Its forming a gejanchis sundang formation..in terms of value I bet on DDigi n Maxis..its more kepentot n soluble..wise men sells when duck quacks n when birds chirp they buy...good luck folks..
Another good share to look at is sapura kencana..gave almost 50% rtns..look at dialogue too..safe n strong..also MPHB..u can't go wrong..make money wisely..n spend in property..

2012-11-08 07:06

minitrader

yap..u are right bro...

2012-11-08 09:40

ctash

Axiata rebounded....but watch out, could be big boy offloading...

2012-11-08 09:52

minitrader

ok thanks bro

2012-11-08 09:54

ctash

TM's chart and last candle look very interesting. The last candle should be a stopping vol (see ultra high vol) or VSA called it a spring....also a sign of strength....

2012-11-08 23:22

Fat Cat Tim Buddy

thats right, the son of doji will use the dogie hammer and hit the winterfall , save the day, huat ahhh hahahaha.. super bullshiat ah! huat ah huat LOL

2012-11-08 23:27

minitrader

Fat Cat Tim Buddy...hahaha...funny la u

2012-11-08 23:39

Fat Cat Tim Buddy

:p one have to always entertain oneself in any possible way as possible..

a simple fund take profit/withdrawing move can be interpret by so many technical sifu and in so many gibberish language, it never fail to amuse me hahaha...

2012-11-09 00:31

jinsim47

Don't base on your hopes anymore when things are gets hopless.....DOW is bringing the world market down its knees last night down by another 122 points. Have U guys heard of CUT LOSS . Most of U guys here simplely buy on intuition...Big Mistakes. Go an attend a TA course. Last time more then a decade ago this type of Blog made many to loose $$$$. JustBuy Blindly & don't know how to cut loss. Even to make matter worst 4 them DONT KNOW WHEN TO SELL. OH my GOD Bless them.

2012-11-09 07:22

jinsim47

What to buy don't know....think of this,
" Buy rubbish get shit...but buy valueables get gold "
Happy Pondering

2012-11-09 07:27

ctash

jinsim47...ppl loose $$ because of herd mentality...they dont do research and just follow....

2012-11-09 15:58

investor77

In chinese, crisis equals oppurtunities.

So the selldown of Telcos could be chance to go in for those who miss out. Anyway, just tried on TM call warrants.

2012-11-09 20:44

Fat Cat Tim Buddy

although the mega sales for days, but the price still very high from my valuation, so.. im hoping the mega sales will continue :p

2012-11-09 21:01

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