The stocks that i mentioned are only my own opinions. please do not take them as buying opportunities. Like evryone else i made lots of mistakes too..
1) GOB--Completed the cup and saucer pattern. More upward is espected from this stock. Immediate Reisstant at $0.945, strong resiatnt at $1.00 with possible target price of $1.08.
Supports are adjusted to $0.89 and stronger resistant @$0.865.
My profit protection is at $0.865.
2) ALAM--It is in FLAG consodilation for the past 23 sessions,it may break out from the Flag very soon.The first signal is when it break above $1.55 and confirmation if can break and stay above $1.62 with volumes.
Support is adjusted to $1.47.
3)Huayang--Have been inside of Trading ranges of $3.05-$3.22 for the past 24 sessions.A break above the trading range of $3.22 will take it to the next resistants @ $3.34 with possible target of $3.40.
Will limit my losses if break below $3.00.
4) E&O--Broke out from the sysmetrical triangle on 12/8 and hit the high of $2.27 on 16/8. It is back to consolidation and may offer some buying opportunities.I am buying back after dispose mine average $2.24 earlier.
Supports are at $2.04/$2.00
If can stay above $2.10 it may re-try its previous high of $2.27.
Will limit my losses if break below $1.97.
Happy Trading....
inwest88, it is a trading mistake to say "Hopefully". I lost bcos of this word always remind me "Hope". So i ve deleted this word in my trading world. No heart feeling, my friend.
no worries CT. What you say holds true for most if not all people. We are just humans after all. If it can close at 33 - 34 sen, I reckon it;s still ok !
tqvm for ur guidance and insight..TP .52 & .56 still stands? this is gonna b my 1st trade base on technicals lah! (although its not my reading ah!!)..but learning..learning...
CT, probably you may not believe me. I am no expert in stocks and mostly go in and out based on my 30 years of trading (see my postings). However I do learn a lot form a lot of people here and my experience, coupled with observations plus a bit of gut instinct gives me the impetus to trade (and most time for fun). Was lucky the last few days making some money from Fibon, MMode, Gpacket, LBS WA etc.
inwest88, i trust u, no worries. I got a friend like u but he always wins. He is a Mandarin speaking guy who joins chinese i3 looking for clues. then enters & exits with profits. Our goal is the same, profit, right, friend!
To me, the market is for the big boys. As long as we can make some small money, it's good enough. For bigger gains one has to go for long term investing and I reckon those counters mentioned by kcchongnz are worth considering. Just my two cents.
CityTrader, together we will celebrate from the front row when everybody here makes money from Digista. Cheers. The market sentiment is holding it back.
Sephiroth, pls dont hope for 0.29 at this point in time ,to snatch Digistar from the dragon's mouth. O.32 is already a tussle between bulls and bears .
My Gpacket was done at 0.52. Last batch of position will be queue to sell at 0.56. Aiyo!! tmr travelling!! My android phone cant view MBB online trading.
decided not to sell at 0.56 due to greed unless chart is not bright & shiny !! A long green candle is not my taste as based on experience, 80% will move downward the next day due to profit take.
Hi Stockwatch. it has formed Ascending Triangle & vol exceeded 30MA for past few days meaning there was so moment on the way & i m confident it will break above 1.32 the recent high. 1st TP 1.425. 2nd TP 1.67.
Hot.T, TQ for yr info, then i shld call MBB to check it out. Like without trading is dammed boring that why i dislike weekends.
pathew!! It is not prediction. Mr Thomas Bulkowski has taught me that.. Recent High x 8% = 1st TP. 8% is the avg % from 4% to 15% (cant remember the fig) & i have used 8% to set my TP. I have done my own research to prove what he has mentioned & so far, 80% accurate & 20% i missed the TP meaning price (5%-7%) reversed downward.
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PRKCorp is an uptrending,Ascending Triangle pattern counter. Price above 10,25,50SMA & vol starts to show improvement although they have not crossed 30MA. Waiting for vol before it can break the 1st Resistance= 3.30 then to test the recent High 3.50. 1st TP=3.78.
I need Matrix to help me to confirm my interpetation. I m "P" chartist.
Thanks CitiTrader...hope you have a good trip. Just that..it was like the stock KPS which matrixcool missed out and it rebounded fast and holding pretty firm.No need to say "P" lah..same over here ..maybe I need "PG". Just sharing and for your KIV if any.
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....
Posted by matrixcool > 2013-08-21 21:03 | Report Abuse
The stocks that i mentioned are only my own opinions. please do not take them as buying opportunities. Like evryone else i made lots of mistakes too.. 1) GOB--Completed the cup and saucer pattern. More upward is espected from this stock. Immediate Reisstant at $0.945, strong resiatnt at $1.00 with possible target price of $1.08. Supports are adjusted to $0.89 and stronger resistant @$0.865. My profit protection is at $0.865. 2) ALAM--It is in FLAG consodilation for the past 23 sessions,it may break out from the Flag very soon.The first signal is when it break above $1.55 and confirmation if can break and stay above $1.62 with volumes. Support is adjusted to $1.47. 3)Huayang--Have been inside of Trading ranges of $3.05-$3.22 for the past 24 sessions.A break above the trading range of $3.22 will take it to the next resistants @ $3.34 with possible target of $3.40. Will limit my losses if break below $3.00. 4) E&O--Broke out from the sysmetrical triangle on 12/8 and hit the high of $2.27 on 16/8. It is back to consolidation and may offer some buying opportunities.I am buying back after dispose mine average $2.24 earlier. Supports are at $2.04/$2.00 If can stay above $2.10 it may re-try its previous high of $2.27. Will limit my losses if break below $1.97. Happy Trading....