The Stock Library
TSH broke the downtrend line.
Edwin Toh
Publish date: Sat, 06 Oct 2012, 11:40 PM
Edwin Toh
0 184
Talk about everything all under one roof which help us profit big money!! This blog have Technical Analyze Chart on Selected Stock and Forum for Daily Buy and Sell Call.
Disclaimer
All observation, buy call and sell call based on my own personal view are just for informational purpose and for my personal references to remind my self what i have analyze before and now for self improvement. Buy at your own risk and do not follow my view as i am only a novice analyzer with 60% success only..
Disclaimer
All observation, buy call and sell call based on my own personal view are just for informational purpose and for my personal references to remind my self what i have analyze before and now for self improvement. Buy at your own risk and do not follow my view as i am only a novice analyzer with 60% success only..
TSH which is now the highlighted plantation sector for this quarter as there is many room of inclining if the CPO prices start to rebound to the original price as before..
Indicators
1 ) Trendline - Below above down trendline (Bullish )
2) Support/Resistance - Formed lower Low (Bearish)
3) MACD - Bullish Crossover (Bullish )
4) RSI - Broke above 30% and inclining (Bullish ) .If break the 50% it will indicate more bullish
5) STO -Bullish crossover and broke the 20% (Slightly Bullish) .If break the50% and it will indicate more bullish
6) Ichimoku - a) Below resistance cloud (Bearish).
b) Conversion line below the base line (Bearish).
c) Price below the baseline ( Bearish)
7) Candlestick BUllish Continuation after Bullish Engulfing( Bullish).
8) Volume Distribution - Big Selldown during the last session. (Bearish).
Conclusion:
(Bearish). As long as the CPO are reclining there is little hope that this counter will go up. Need to wait for the Good news of the CPO prices rebound and CPO tax cut..
Entry Price at 2.29
Stop Loss at 2.24
Take Profit at 2.33
Risk to Reward Ration ( RRR) = 0.8 ( Slightly Risky)
Entry Price at 2.29
Stop Loss at 2.24
Take Profit at 2.4
Risk to Reward Ration ( RRR) =2.2 (Rewarding)
Indicators
1 ) Trendline - Below above down trendline (Bullish )
2) Support/Resistance - Formed lower Low (Bearish)
3) MACD - Bullish Crossover (Bullish )
4) RSI - Broke above 30% and inclining (Bullish ) .If break the 50% it will indicate more bullish
5) STO -Bullish crossover and broke the 20% (Slightly Bullish) .If break the50% and it will indicate more bullish
6) Ichimoku - a) Below resistance cloud (Bearish).
b) Conversion line below the base line (Bearish).
c) Price below the baseline ( Bearish)
7) Candlestick BUllish Continuation after Bullish Engulfing( Bullish).
8) Volume Distribution - Big Selldown during the last session. (Bearish).
Conclusion:
(Bearish). As long as the CPO are reclining there is little hope that this counter will go up. Need to wait for the Good news of the CPO prices rebound and CPO tax cut..
Entry Price at 2.29
Stop Loss at 2.24
Take Profit at 2.33
Risk to Reward Ration ( RRR) = 0.8 ( Slightly Risky)
Entry Price at 2.29
Stop Loss at 2.24
Take Profit at 2.4
Risk to Reward Ration ( RRR) =2.2 (Rewarding)
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