Benalec after the Doji last week had been moving downward but today close indicates a "Ladder Bottom" may formed if next 2 days the stock can move and close above $1.42.( It turns to a Bullish Reversal pattern) In near term and may trade between $1.36 to $1.44. A move above $1.45 indicates upward movement will resumes. For trader like me i will limit my losses below $1.36.( That does not mean the long term uptrend is violated if close below $1.36).
AGREE with matrixcool.... To those who are NOT HAPPY with this share boleh jual.... To me, i can see the indication of improvement in technical side... Lower band improved from 128 to 130.... price staying above EMA 25.... any time the price will shoot up....
WAITING for rsi to improve, yesterday false signal.... must wait until 4.50pm to make a conclusion..... Crawler.... you pergi mana? sudah wdraw dividen sendai? can consider reenter at 155....
I feel Pantech has a better potential than Benalec to ride the O & G theme! Well my reason... good EPS,good dividend,ownership of foreign company with good prospect etc.
i also bought pantech but these few days the directors dispose their shares,same with benalec last month but good counter shall keep for at least 6 months to see the result.
itu hari pergi 148.. Can be consider as First Wave.... (turun ke 138 mau kasi chicken lari).... dont you people notice,,,,, yesterday touch 141.. today is the second time touch 141... tiga kali sentuh kalo..... hahahahaa
Too bad Benalec could not break $1.41 to trigger a Bullish Reversal today.Yesterday close indicates a "Ladder Bottom" may had formed. Still close at $1.40 is a good sign, if tomorrow can move above $1.41 i think Belanec is on the way up again.( i will definitely add more positions). A move above $1.45 indicates rally is resumes. Expect Resistant at $1.48 and support is adjusted to $1.38.
138... 139. PSICOLOGICAL GAME... Loser will sell at this current price... They will regret next week... Me, stay strong as before.... Crawler... monday keboom .... size of keboom cannot be predicted... william and MA will meet each other before the closing bell today (most probably at rm140)
faralenz.... smile while reading your comment... the indication of selling / disposing by institutional / fund managers is when there is a volume..... example: 16 June KWAP disposed 361800. Volume for that day is 12.804 million. TAK ADA VOLUME.... chicken disposed, they are collecting....
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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....
matrixcool
1,307 posts
Posted by matrixcool > 2013-07-23 22:43 | Report Abuse
Benalec after the Doji last week had been moving downward but today close indicates a "Ladder Bottom" may formed if next 2 days the stock can move and close above $1.42.( It turns to a Bullish Reversal pattern)
In near term and may trade between $1.36 to $1.44.
A move above $1.45 indicates upward movement will resumes.
For trader like me i will limit my losses below $1.36.( That does not mean the long term uptrend is violated if close below $1.36).