The Stock Library
Dayang Formed higher low..
Edwin Toh
Publish date: Sun, 02 Dec 2012, 10:07 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..
Look like Dayang Formed a higher low after a 2 day white candle confirmation..
Indicators
Indicators
1 ) Trendline - Broke above the downtrend line .. ( Bullish)
2) Support/Resistance - Formed higher high and formed higher low ( Bullish)
2) Support/Resistance - Formed higher high and formed higher low ( Bullish)
3) MACD - Negative ( Bearish) . Waiting for 4R1G signal for more confirm bullish reversal sign.
4) RSI - Rebounding from 50% (Bullish) ,
4) RSI - Rebounding from 50% (Bullish) ,
5) STO -About to rebound. If bullish crossover will indicate more bullish.
6) Ichimoku - a) Price above the support cloud ( Bullish)
6) Ichimoku - a) Price above the support cloud ( Bullish)
b) Conversion line meeting the base line
c) Price close below the baseline ( Bearish)
7) Candlestick pattern - 2 day white candle after hammer (bullish).
c) Price close below the baseline ( Bearish)
7) Candlestick pattern - 2 day white candle after hammer (bullish).
Conclusion:
Bullish but overall market is bad .. Enter at cautious monitoring..
Bullish but overall market is bad .. Enter at cautious monitoring..
E ( Entry) 2.26( Closed at or above it) -
S ( Stop Loss) : 2.34
P ( Profit) :2.23
RRR (Risk to Reward Ratio) = 2.67 (Slightly Rewarding)
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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....
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Hi Edwin Toh,
I think your stop loss n profit got mix -up.
Regards.
2012-12-02 23:04