The Stock Library
KNM formed a hammer + Doji Star on the bottom
Edwin Toh
Publish date: Sun, 14 Oct 2012, 09:05 AM
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..
After a good run towards 0.73 ( New Higher High) it retraces down with a Hammer on Thursday and a Doji Star on Friday. Will this indicate a bullish reversal on the higher low?
b) Conversion line above the base line (Bullish).
c) Price above the baseline ( Bullish) - Waiting for it to rebound from the baseline to signal a stronger bullish reversal
Indicators
1 ) Trendline - Broke below the uptrend line and moving side way.
1 ) Trendline - Broke below the uptrend line and moving side way.
2) Support/Resistance - formed Higher high (Bullish)
3) MACD - Bearish Crossover (Bearish). Wait for 4R1G signal to bull again.
3) MACD - Bearish Crossover (Bearish). Wait for 4R1G signal to bull again.
4) RSI - Retracing and testing 50% ( Bearish). If rebound from 50% will be bullish
5) STO - Formed Bearish Crossover and broke below 50% - (Bearish)
6) Ichimoku -a) Above support cloud (Bullish).b) Conversion line above the base line (Bullish).
c) Price above the baseline ( Bullish) - Waiting for it to rebound from the baseline to signal a stronger bullish reversal
Previous Buy Call on 19 September 2012
E ( Entry) : 0.705
S ( Stop Loss) : 0.66
P ( Profit) :0.775
RRR (Risk to Reward Ratio) = 1.56 (Slightly Rewarding)
New Buy Call on 12 October 2012
E ( Entry) : 0.69
S ( Stop Loss) : 0.66
P ( Profit) :0.715
RRR (Risk to Reward Ratio) = 0.83 (Slightly Risky)
E ( Entry) : 0.69
S ( Stop Loss) : 0.66
P ( Profit) :0.745
RRR (Risk to Reward Ratio) = 1.83 (Slightly Rewarding)
Support at 0.66 / .625 / 0.56
Resistance at 0.685 / 0.695 / 0.725 / 0.76 / 0.795
Resistance at 0.685 / 0.695 / 0.725 / 0.76 / 0.795
More articles on The Stock Library
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
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....
