YTL e-Solutions Bhd forms bullish "Gravestone" chart pattern Jul 29, 2015
Recognia has detected a "Gravestone (Bullish)" chart pattern formed on YTL e-Solutions Bhd (YTLE:MYX). This bullish signal indicates that the stock price may rise from the close of 0.54.
Tells Me: The bears have sustained control over the downtrend, but the period has shown a surge of bullish demand that suggests we are nearing a bottom. During a downtrend, the bar opens at its low (or very close to its low), then rallies, but isn't able to sustain the move and closes back down near the open. The bulls have lost the battle but have shown some strength during this period. It's possible we are nearing a bottom.
This bullish pattern can be seen on the following chart and was detected by Recognia proprietary pattern recognition technology.
If somebody want to know this STOCK intrinsic Value I can Tell. RM16.57 and Discount Rate of 70% will be RM4.97 ?? Dirt Chit !!!! What to wait?? No body buy?? Okay Let look at 10 Years Annual Growth rate... Is 23.45 from (2005-2015)
Interested to know more and Discuss can just contact with me. alexteoh0931@gmail.com
Maybe we can have a group discussion about investment n all.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
steveooikp
4,689 posts
Posted by steveooikp > 2015-05-07 22:24 | Report Abuse
Get ready