dgsb chart has become a nice TA reference chart. got gap with volume, fbo, big volume, cup formation pending handle, uptrend. good luck, no need to check fluctuation price everyday
i dont set specific TP. i plan to sell when MA 7 cross down MA 20..maybe a bit delayed compared to candlestick, but at least wont miss uptrend opportunity
Date of Change: 10/11/2017 Type of Change: Appointment Designation: Executive Director Directorate: Exec Name: TAN SENG CHUAN Age: 62 Country: Nationality: Malaysia
Qualifications: Dato' Dr Tan graduated with First Class Honours in Mechanical Engineering from Imperial College, England in 1978. He also obtained a Masters and PhD in Engineering Science in 1981 and 1983 respectively from Harvard University, USA.
Working Experience and Occupation: He has extensive experience in the IT industry. As an IT consultant, Dato' Dr. Tan worked on leading edge software and hardware development projects with companies in the global IT industry prior to joining Insas Berhad in 1997 where he currently heads the Technology Division, and continues to be active in technology projects and investments. Dato' Dr. Tan is the Executive Vice Chairman of Inari Amertron Berhad and an Executive Director of Insas Berhad.
im sure u guys know one of bullish indicator is breakaway gap with volume. but do u guys believe in it ?.i can show few examples of what happen after gap up..
The 13.5 is not true cause force sell and not.much.. The 0.15 is not true just touch and go. The buy 0.14 and 0 145 cts is true buy with volume twice. The last 7 minutes of buying at 14.5 is true The last 3 minutes que to sell at 14.5 is not true.
Almost 3 days reverse and force sell well absorbed. Tommorow high possibilities gap up.
of course we need to monitor ur stocks, but always see the trend. every bearish signal will be shown in a trend, meaning we cant really judge the price direction from a day price fluctuation. very difficult.
No one is god here, buy or sell u need monitor, prepare for pick up instead of contra, this counter basically good , yet u need to see klse index and big hand push or just accumulated, if u lucky u will earn in 3 days , otherwise wait next month. :-)
Muhammad Syafiq i dont have the luxury of having insider info. i invest for this reason
fundamental : insas as biggest shareholder, improved profit last qr
technical pointers : 1. resistance .145 set on 26/2/2015 has been met, break from this we would see a FBO. 2. double bottom formation on nov 16 and sept 17. 3. break down trend line on 2 nov 17 4. gap up with volume on 3 nov, 4 nov and 20 dec 2017 whis has not been filled. 5. healthy volume and stable price despite omesti disposing and a lot lot of profit taking. 6. all of this suggest technically DGSB is currently bullish. 7.from Fibo retracement, we could see next resistance 0.145-0.17-0.19-0.205, support 0.12-0.10 8. remember the key point is time opportunity, if u are comfortable with entry price, and the risk of CL is acceptable compared to opportunity to gain profit, then can just keep first. because as u can see when it is in the 'right' time 1-3sen price increment a day can just happen like that and u really dont want to kiss the boat.
if u wanna know what is actually happening in a gap up, u can google it.
now, based on point 4, a gap up has occured on the said date.
now let us see few other examples what might occur when a gap up with big volume occured.
1. uchitec gap up end of august 17, price was only 2.10 2. mmsv gap up mid march 17, price was only 0.70! 3. petron gap up end feb 17, price was only 4.00! 4. hengyuan gap up end august 17, price was only 6.00! 5. serbadk gap up early feb 17, price was only 1.50!
of course, certain condition must be met : 1. gap up with huge volume 2. this gap up is not closed later(meaning price wont drop below this price) 3. uptrend 4. good fundamental company
as u can see troughout the years, those company share price fluctuate a lot, but we'll miss the uptrending if we dont have the guide. we might sell too early for an uptrending stock. for me, SMA 7 and SMA 20 is a good guide.
yes, the price may drop, but decision to sell must also be based on any indicator. so if u decide to sell, see the trend, look for bearish indicator. set logical resistance, support and cut loss line. position ourself whether we can tolerate the cut loss level.
my humble 2 cents, despite omesti selling big and the price still well supported, something must be going on.
if u want to buy, decide a cut loss price. if u want to sell, look at any strong indicator to sell. rarely we can see a trend from a day price fluctuation..
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Muhammad Syafiq
55 posts
Posted by Muhammad Syafiq > 2018-01-11 09:47 | Report Abuse
just wait this 145 broken n u ll see 160 again