From TDM's weekly chart as shown above, we can notice that it has formed an inverted shoulder-head-shoulder pattern and broke out the neckline in mid of Jan 2017.
On TDM's daily chart, it just broke out from a nice rounding bottom pattern with projected target price of 0.85, 0.95 and 1.06.
The volume is picking up on the impulsive up-move while decreasing for the corrective move. This is a very healthy and bullish sign for TDM.
The supports for TDM are 0.77, 0.73 and 0.70.
Leave me a comment below and let me know what you think. If you have any queries or want to share the next big stock with me, feel free to contact me via my email or FB page below.
Happy Valentine Day
How to determine the "bullishness" of the patterns- https://www.facebook.com/BursaSGXcandlestick/videos/378260995905662/
The Trade Management Technique You Need To Know - http://klse.i3investor.com/blogs/candlestick/114496.jsp
Best Way To Learn To Trade Without A Mentor - http://klse.i3investor.com/blogs/candlestick/113821.jsp
Entry Setup Illustration - http://klse.i3investor.com/blogs/candlestick/113605.jsp
Stop Loss & Safe Trading - http://klse.i3investor.com/blogs/candlestick/113510.jsp
Position Sizing - http://klse.i3investor.com/blogs/candlestick/113061.jsp
Come Up With Trading Ideas & Turn Them Into Investing Ideas - http://klse.i3investor.com/blogs/candlestick/114110.jsp
Cheers,
Ming Jong
Get Update From ==> http://www.vipplatform.com/lp/ideas/
& FB page ==> https://www.facebook.com/BursaSGXcandlestick/
Telegram Channel ==> https://t.me/BursaSGXCandlestick
Contact Via Email ==>
Created by Ming Jong Tey | Jun 29, 2017
Created by Ming Jong Tey | May 25, 2017
Created by Ming Jong Tey | May 21, 2017
Love ur analysis very much my dear fren.......
once hit 0.850 plss hold it back....... Preserve it to rise further in May................... Not enough capital now.
2017-02-14 12:43
aiyor.. kekeke I am ready for some palmoil injection at the hospital liao..
2017-02-14 12:49
cephasyu
Good call. I have a strong suspicion that the Q earnings will be very strong due to high CPO prices, high FFB production and the appreciation of the IDR vs the MYR which they have a 300+mil fixed income investment denominated in IDR
2017-02-14 11:20