motomoto, you can't rely on Fibonacci all the time. You need other indicators or oscillators to verify the retracement as a guide lines

For looking at long term, you need a bigger cycle of the Fibonacci. where else smaller or medium cycle inside the longer term.

As for the current downtrend, the Fibonacci retracement, I used it measured from 21/5/15 to 16/12/14 which a full cycle of 5+x extended 13% waves(bullish).

The (a) and (b) highlighted cycle is the 1st and 2nd wave of 13% amplitude(medium term) which is bearish.

For the bigger cycle (or long term), 21% amplitude, it is the 2nd wave on the bullish trend. I am expecting a 3rd wave. When? I have no clue yet.

Still confuse, google is where you can learn more about Elliott and Fibonacci.

Remember, you still need other indicators and oscillators to confirm the movement.
Remember, Fundamental Analysis cannot be ignored.

Good night, and enjoy your learning of TA and FA which is good when trading or investing in the stock market.

motomoto, TA is fun to learn. as an investor or trader, do learn FA. google is your friend.
Good night and enjoy your learning.

alibabacoming, I am disappearing soon, from i3. ;)

motomoto, Fibonacci and Elliot wave not much different. Both do take sometime to learn. Once you understand it, catching the wave will be fun. ;)

http://www.guardmarkcapital.com/documents/technical/FIBONACCI-ANALYSIS-AND-ELLIOTT-WAVE-THEORY.pdf

@motomoto, Elliott wave. google it.

http://stockcharts.com/school/doku.php?id=chart_school:market_analysis:elliott_wave_theory

Oops!
- look the highlighted (a) and (b) 13% bearish wave
should be
- look at the circle highlighted (a) and (b) 13% bearish wave
(a) represent 1st wave and (b) as 2nd wave.
current downward as (c). the symbol (c) will appear only when it completes its wave.

Just another idiot wave, ha!

Just updated the chart - included zoomed chart for both
- look the highlighted (a) and (b) 13% bearish wave

http://klse.i3investor.com/blogs/ToSell/75762.jsp

Have a good evening, folks.

if 3rd wave break the 130, this wave will be targeting at support line 124 and 108 area. If reverse at 124, it will be 4th wave.

Just my observation and everyone can disagree. I am just another human making mistake until I kick the bucket.

I am out today, tonnes of work to do. I thought today is the off day for me. ;(

Bro ozzie75, thank you. Anytime, whenever, whatever you need TA for a counter, just drop an email. Even that counter I don't have, I will do whatever I can, no promises.

Have a good day will be busy and getting my work done before end month going to Melbourne and Sydney.(work+holiday)

syioksyiok, I understand you point of view. Still a lot of longterm investors, FA, don't know how to lower their cost.

Bro ozzie75, I am also half-past-six and better than none.

syioksyiok, I am using both for long term. Using TA to lower my cost.

syioksyiok, whether the market is weak or strong, both FA and TA has it own advantages and disadvantages. Combination of these analysis do assist us in making a better decision than guessing where the eff the price is going.

Just a simple opinion where other may say anything they like.

Bro ozzie75, I know that you are more on FA. Are you using TA as additional tool?

Latest updated chart with additional zoomed chart
http://klse.i3investor.com/blogs/ToSell/75762.jsp

Latest updated chart.
http://klse.i3investor.com/blogs/ToSell/75762.jsp

Have a good evening, folk.

@derrickinvestor, whatever stated here is just my observation on those charts.

1. notice " a " on 28/05/15, based on Elliott wave fast ampliture(8%), we are in bullish wave 2 which is good. If and when 2nd wave end, 3rd wave will be a longer wave about 0.215-0.190=0.025 x 1.618=0.041. Assume the 2nd wave end at 0.19, therefore 0.19+0.041= 0.231 will be the high point for 3rd wave. if the 3rd wave extend again, that is another story.

2. The present 2nd wave(8%) is just a smaller wave within a larger wave of higher percentage(bearish).

3. As for the rest of the signal, stabled and accumulation seem to be ongoing for few days.

4. On Bollinger's band, the moving average is increasing.

5. FVE is showing accumulation.

6. the chart is getting damned flat, it becomes difficult to see the movement. The only way is look
at the FVE where volume and price action.(at the top graph of bottom chart) and Bollinger band on FVE(the vertical colored bar 1st graph on top chart)

Overall, on going accumulation according to the FVE (just below 0 level) once it passes the 0 level, well, the bull is in front (for how long, I don't know)

Am I buying or selling?
If I buy, I will buy to lower down my high cost.
If I sell, I need the money desperately and cut loss. Then I must be crazy.

Have a good weekend derrickinvestor and invest wisely.

Just updated the chart. Added additional chart. Zoomed
http://klse.i3investor.com/blogs/ToSell/75762.jsp

Have a good weekend.

@syioksyiok, don't worry. Life is just too short for argument purpose. For me, I am just collecting "free lots" or "zero cost" shares, and close both eyes after that.

Cheers and now I better go to work. ;)

@bro syioksyiok, I never say buy or sell call. When I buy, I buy. When I sell, I sell. What other people saying, I don't give a damn. My final decision on trading always on the chart. I trade on technical analysis.

Have a good day and enjoy life.

@bro ozzie75, "zero-cost", this is a smart investor. Me, almost there ;)

Secret trading formula. Never say buy or sell. Trade and invest based on our judgement. Not other nay or yer sayers opinion.

Good day to you all, I am out and busy with my work. Damned tired.

@bro ozzie75, refer back to my previous message(2days ago) about 3rd wave formation.

Good morning human,

@ozzie75, I have enough of headache for day to day work. To tell an unknown human being of what is "software and a solution" is a waste of my time. I prefer sleeping than telling grandmother story.

Cheers to you all folks.

ps: I am a trader, only buy when the chart signals to buy. Sell when it signals to sell.

Just updated the chart.
http://klse.i3investor.com/blogs/ToSell/75762.jsp

Have a good evening to you folks.

Just updated the chart.
http://klse.i3investor.com/blogs/ToSell/75559.jsp

Have a good evening to you folks.

We never know those smart guys and gals will assist us in trading. No harm for assisting another human being even they do not appreciated. Life is just too short for argument purposes.

Enjoy life and appreciate it while it last.

I placed the chart here for those human being or we call them as brothers or sisters in trade to have additional tools for their strategy or trade or investment in this unpredictable market. Whether it is under or over valued type of counter, share price can be manipulated. Prevention is better than cure or stuck at high price(or damn long term investment)

Good morning and good day to you all folks.

ps: I am out for the whole day, to work and to assist some human being.

@Bilis Bilis, I should thank Sumatec counter to teach me a lesson to learn technical analysis and some basic fundamental analysis. A simple question to all investors. Blindly be a follower or stuck at high price or reducing risk type of investor/trader/etc?

I am here not to tell people to buy or sell. I just provide the technical chart only and write according to what I observed on the technical chart.

I am learning technical analysis everyday for my own advantage.

Good day to you and all folks, invest wisely.

ps: like it, use it. don't like it, don't use it.

Good morning,
@Bilis Bilis, human sentiments that cause the price to go up and down.

extracted from http://www.investopedia.com/articles/technical/111401.asp

Elliott Wave Theory
Ralph Nelson Elliott developed the Elliott Wave Theory in the late 1920s by discovering that stock markets, thought to behave in a somewhat chaotic manner, in fact traded in repetitive cycles.

Elliott discovered that these market cycles resulted from investors' reactions to outside influences, or predominant psychology of the masses at the time. He found that the upward and downward swings of the mass psychology always showed up in the same repetitive patterns, which were then divided further into patterns he termed "waves".

Elliott's theory is somewhat based on the Dow theory in that stock prices move in waves. Because of the "fractal" nature of markets, however, Elliott was able to break down and analyze them in much greater detail. Fractals are mathematical structures, which on an ever-smaller scale infinitely repeat themselves. Elliott discovered stock-trading patterns were structured in the same way.
...

Good night folks, invest wisely.

LOL Idiot wave, ha ha!

Since 21/05/15, the wave formation, kind of worrying. Current situation, haven't break 23.6% Fibonacci retracement. If based Elliott wave theory, the bearish 13% (a), 1st wave, 25/05/15, and the current uptrend is the formation of (b), 2nd wave. Possible start of formation of 3rd wave is within range.

Just a matter of personal opinion and observation. Everyone can ignore this message and the irrelevant idiotic NoManLand.

To sell or not to sell, that is the question.
To buy or not to buy, that is another question.

ps: I am enjoying learning Elliot wave.

AR = Annual Report QR=Quarterly Report ...

Good night folks, trade and invest wisely.

Good night folks, trade and invest wisely.

derrickinvestor, when I start to think of the past, those korean girls during my uni time, man, they were really, I mean ready hot. Man, we don't need viagra.

derrickinvestor, http://the10bestreview.com/top-10-hottest-female-kpop-idols-2015/

I really had a optimum haaaaaaaaaaaaaaaaa in my dream, at least it better that yours. he he he

Have a good sweet dream gentleman.

derrickinvestor, 3am in the morning, you start to scream haaaaaaaaaaaaaaaaaaaaaaaaaaa dream of her naked in front of you.
sweet dreams. he he

Good night folks. Always use the upper brain to think when investing. ;)

ozzie75, true, doing own homework, but some question we still need to ask and digest the answer from the responder. If possible we cheat on the exam. Ha!

The pro traders don't waste their time in i3. They don't have the time to talk nonsense. Only we small fish hanging around here trying to eat some roti telok and tea tarik for a day. He he

Smart investor always listen to both side point of view. Final decision is yours to decide. No one is right or wrong. Always have some reservation when reading the messages in the forum. We all will never know, the nay or yer sayer can be a life saver.

Cheers to you all folks.
Invest wisely.

Andrew Wong, don't have to say sorry. don't worry, we all make mistake until we kick the bucket. ;)
cheers and invest wisely.

Andrew Wong, I didn't mentioned about the cfo resigned timing. I am more on TA, not on FA or company issues.

Bilis Bilis, noted.

...according to the chart, it is a bearish 3rd wave... Elliott wave
How far will it drop. about 1.618 x height wave1 from wave2 level. estimated might drop to around 0.126 area. I am always on wrong side, so don't trust me.

Just updated the chart. Added Elliot wave oscillator on Signal=14% area

http://klse.i3investor.com/blogs/ToSell/75762.jsp

Just updated the chart. Added Elliot wave oscillator on Signal=14% area

http://klse.i3investor.com/blogs/ToSell/75763.jsp

Eric_b7b, this is what adndychucky2 is saying...

http://klse.i3investor.com/blogs/ToSell/75763.jsp

look at 27/04/15 to today.

Have a good weekend.

http://klse.i3investor.com/blogs/ToSell/blidx.jsp

Have a good weekend.