Upload the latest
http://klse.i3investor.com/blogs/nomanland/68847.jsp

Upload the latest
http://klse.i3investor.com/blogs/nomanland/68507.jsp

Upload the latest
http://klse.i3investor.com/blogs/nomanland/68108.jsp

just follow the red/green vertical line. from there you have to analyze it whether it is up/down.

1. using finite volume element indicator, accumulation/distribution
2. combination of Bollinger Band.
3. stochastic rsi
4. stochastic oscillator
5. short term volume + price oscillator
6. bollinger band width
7. macd
8. daily price
This is not a buy or sell call. you decide

uploaded knm wave
http://klse.i3investor.com/blogs/nomanland/68847.jsp

http://oilprice.com/Energy/Energy-General/IEA-Provides-First-Sign-That-Tide-May-Be-Turning-For-Oil-Prices.html

musashi69, too cheap to ignore. Well, tomorrow will continue buying and then freeze it till ...... ;)

Just upload chart for
http://klse.i3investor.com/blogs/nomanland/68827.jsp

@musashi69, TTHeavy
http://klse.i3investor.com/blogs/nomanland/68827.jsp

http://oilprice.com/Energy/Oil-Prices/Oil-Price-Rebound-Could-Spell-Disaster-For-Developing-Nations.html

GLOBAL MARKETS-Europe holds on to ECB hope, shrugs off China slump

http://www.reuters.com/article/2015/01/19/markets-global-idUSL6N0UY2X920150119

http://economictimes.indiatimes.com/news/international/business/bhp-tipped-to-cut-us-shale-spend-to-shore-up-dividend-promise/articleshow/45937509.cms

http://thenewage.co.za/149288-1021-53-UK_North_Sea_oil_drilling_work_lowest_in_15_years

Energy shares primed to rally despite prices at 6-year lows, fund managers say

Mutual funds who sold out and avoided the decline in oil prices to six-year lows say shares are primed to stage a rally

Few mutual fund managers pulled out of oil stocks before the price of crude began plummeting in autumn last year, according to Morningstar data. Now, some of those who sidestepped the more than 25 per cent decline in energy since September are starting to jump back in.

Their reasoning: the sharp decline in oil prices to six-year lows is already reflected in stock prices, leaving shares primed to stage a rally.
...
http://www.scmp.com/business/money/markets-investing/article/1681740/energy-shares-primed-rally-despite-prices-6-year

So many people viewing the chart, does the chart looks like a break out from a long recession!

"to be greedy, or not to be greedy, that is the question", sumatec's hamlet ;)

Updated Chart. Possible "M" on price chart.

http://klse.i3investor.com/blogs/nomanland/68507.jsp

Updated chart. I haven't seen a Green Bar for a long time!
http://klse.i3investor.com/blogs/nomanland/68108.jsp

just updated
look at the "M" and "W"
http://klse.i3investor.com/blogs/nomanland/68507.jsp

well, just update
http://klse.i3investor.com/blogs/nomanland/68108.jsp

By the way, don't trust or believe me, please... :) This is not a buy or sell call. Use it on own risk.

ozzie75,"W" on price, possible "M" green+red on 2nd chart. This is not a buy or sell call.

ozzie75, save the chart image, zoom, and analyze it, please.

@JaniceLove, lovely name. I had drawn some vertical line, Red + Green. You need to view it and follow the line and see what or how or when or whatever ... compare the rest of the charts with the bottom price movement.
I don't sell and I don't buy. I am just neutral with no bull or bear dung. :)

You have to make your own decision. All the best.

@Orionpacific, if you are referring to the 2nd chart, those based
1. Bollinger Band %b Red, average of Price+FVE(55)
2. Bollinger Band %b Green, average of Price+FVE(65)
3. Bollinger Band %b Orange, Price
4. Bollinger Band Histogram, Vertical green bar when >80%, red thin line< 80%

Now,
when 1 + 2 passed 100, just becareful.
when vertical green, disappear, it means slowly going down.
OrionPacific, look at it closely. Think about it.

This is not a buy or sell call.
p/s: damn busy with 14 new contracts lately and good for the whole year.

Just published
http://klse.i3investor.com/blogs/nomanland/68507.jsp

Just Updated, From March 2013 till 15/01/2015
http://klse.i3investor.com/blogs/nomanland/68108.jsp

...
The Truth About Oil in 2015: Oil hovers below $50 a barrel, but there are two major reasons why it will rebound this year. These factors are why the most experienced oil industry veterans aren't worried about low oil…

Goldman analysts wrote the current price of oil per barrel has to remain low if investment in shale can be reduced to restore balance to the global market.

"The price forecast cuts by both Goldman and Societe Generale reinforce the fears that have driven us down to these levels," Gene McGillian, a senior analyst at Tradition Energy told Bloomberg. "We're hunting for a bottom, but it's anyone's guess where that will be."

But Money Morning Global Energy Strategist Dr. Kent Moors has said long-time oil veterans aren't sweating over oil price drop.

"As the most fluid commodity in the world, crude has the ability to quickly self-correct," said Moors in our oil price outlook for 2015. He said oil is near a bottom and will head up again in 2015.

This is the seventh consecutive week in which the current price of oil per barrel has dropped. Companies concerned that the slump will continue are starting to cut back on drilling. OPEC countries have stated since November that they won't cut production no matter how far prices fall.

But OPEC's stubborn strategy is doomed to fail.

According to Moors, OPEC's decision to maintain production levels is "the opening salvo of a global oil war." Although the cartel's current price cut is impacting the market right now, there's no way it will last long. And investors can profit no matter what OPEC does. Go here for the full details of oil prices in 2015.

http://moneymorning.com/2015/01/12/current-price-of-oil-per-barrel-45-90/

ozzie75, I was hoping oil drops + Sumatec drops and I can collect more ;) But, weird upward signal. damn. Now, "To buy or not to buy, that is one damned question"

ozzie75, when wti < 45 and brent < 50, the Sumatec's charts, TA, kind of weird bullish trend since mid-Dec 2014. I am puzzling... look like strong accumulation is on going. The chart was showing clear down and it means down. When it is up, now I am a little bit of puzzle!!!

For other counters, using the same TA, those up signal, I am on the buying mode and haven't fail yet. (a few time it fail when I sold to early, because of the lack of confidence on myself)

This Sumatec's chart really give me a headache and big puzzle.

Just updated
http://klse.i3investor.com/blogs/nomanland/68108.jsp

Goldman Sachs: Oil companies could default if crude sticks to $40

http://fuelfix.com/blog/2015/01/12/goldman-sachs-oil-companies-could-default-if-crude-sticks-to-40/

CHLAM, just analyze the vertical line green and red, then think about it.
Look at the "heartbeat", 3rd chart from top.
Stochastic RSI, interesting position.
Bollinger Band Width, squeezing!
1st chart, Bollinger Band on FVE(Finite Volume Elements) ... more like accumation than distribution.
2nd chart, Bollinger Band %b on FVE and Price, FVE+Price. Below 50, sell. It also mean FVE and price is below 50% on Bollinger Band %b
MACD is "/"
Overall, someone is/was accumulating.
"To buy or not to buy, that is the question"
Or
"To sell or not to sell, that is another the question"

Updated as for 12/01/2015
http://klse.i3investor.com/blogs/nomanland/68108.jsp

COLUMN-Bakken oil producers need $55 to keep production steady: Kemp
Jan 9 (Reuters) - North Dakota needs an oil price of around $55 per barrel and a fleet of around 140 rigs to sustain production at the current level of 1.2 million barrels per day, the state's chief regulator told legislators yesterday....

http://www.reuters.com/article/2015/01/09/bakken-oil-breakeven-kemp-idUSL6N0UO1Z520150109

http://www.gulf-times.com/eco.-bus.%20news/256/details/422742/shale-drillers-bail-on-us-boom-as-most-rigs-idled-since-1991

After six straight months of plunging oil prices, US shale drillers have sent the clearest signal to date that they’re retreating.

Hi, ozzie75, I placed a better layout of the chart which I use for other counters, also for Sumatec.
http://klse.i3investor.com/blogs/nomanland/68108.jsp
Hope you like it.

someone was accumulating since mid Dec 2014
http://klse.i3investor.com/blogs/nomanland/68108.jsp

bullbear777, when you start to collect, it is the same as accumulation. the more you buy the higher it goes. something like " / ". when you don't want it, you distribute, throw or sell it. After the more you distribute the thing, you have start to " \ ".

bracoli, I don't "tp". I based on the top chart. when down I sell, up, I buy. Especially whenever "----" crossed the solid line or at the peak or bottom. Look at the chart carefully.

bullbear777, someone is accumulating since mid November until now ;)
" / " = buy, " \ " = sell as simple as it

bullbear777, top chart showing on going accumulation= " / " or distribution=" \ "
whenever ever the dash line "----" crossed the solid line, an event will happen. Follow the vertical line (red/green) to the price chart at the bottom. You will able to know what is the next move look like.

When the red/green line touched the upper/lower bollinger band or cross middle(moving average) you will notice whether the price is on the " / " or " \ "

@bracoli, since you seem no sure where is MPAY is heading...

I assume you can follow the green and red line.
Have a look at this chart.
http://klse.i3investor.com/blogs/nomanland/66879.jsp

Just for the heck of it
http://klse.i3investor.com/blogs/nomanland/66819.jsp

Nothing to show price should go up. WTI=55.13 and Brent 59.22. both still going down.

@pdtan, any charts that you are interested, give me a shout!

@pdtan, bro, hope you didn't bought any last week.

@pdtan, thank for the info.

Updated http://klse.i3investor.com/blogs/nomanland/66177.jsp

Updated http://klse.i3investor.com/blogs/nomanland/65231.jsp