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)
More articles on The Stock Library
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Apps
Top Articles
1
2
BFM Podcast
3
4
SKY IS THE LIMIT
6
BFM Podcast
7
BFM Podcast
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
No trading signals available.
Stock
Time
Signal
Duration
No trading signals available.
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
