In Wyckoff/VSA , weakness is detected in upbar

2nd question volume traded for 1st hour ady 2700 lots

There is a gap up at opening, question is does tis gap needs to fill up????

So far , there isnt any climax action ....The funds r doing their best to accumulate at minimum cost. So , there will be some yo-yo along the surge.

The stock doesnt mean for retailers , at Rm17 ++ , i think most of retailers were shaken out... It is a game for big fund... and the valuation will fix its price...

"Money is made by SITTING, not TRADING" - Jesse Livermore

"Money is made by SITTING, not TRADING" - Jesse Livermore.

2. Learn how to sit tight

After a wild and lengthy rollercoaster ride as a speculator, Livermore believes he has found the secret to his success. It’s obvious he’s excited by this discovery, which he eagerly shares:

“After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!

“It is no trick at all to be right on the market,” he adds. “I’ve known many [traders] who were right at exactly the right time, and began buying or selling stocks when prices were at the very level that should show the greatest profit. And their experience invariably matched mine; that is, they made no real money out of it. [Traders] who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make the big money.”

i ve posted few times , and I still post it now.."Money is made by SITTING, not TRADING" - Jesse Livermore

The selling some how has given chance for the super investors and funds to accumulate more.. Only grab it when u ve excess fund ..

Volume and price action is a powerful tool , but to master it takes years..

"Money is made by SITTING, not TRADING" - Jesse Livermore.

Full coverage by The Edge , no more hiding and secrecy ...Its strength will be known from the price movement now

The best is let her stablises a few days for current level , building up the level and also flushes out weak holders

Yesterday last hour panic selling , today first few mins also.... But selling pressure is weak...Now regaining some loss ground..

Simple quote , yet how many can really understand it

"Money is made by SITTING, not TRADING" - Jesse Livermore

TA and FA r very subjective..Money is made by SITTING, not TRADING" - Jesse Livermore.

Quote by KYY : As I said before, FA & TA can often mislead investors. To be a successful investor, one must look at the company’s business and its future profit growth prospect which is the most powerful catalyst to move share price.

Ride the bull by its horn , it is emotion test . Many can read the chart well but emotion is the one a few only can excel

If you are fortunate to buy a good and solid . jz sit on it. Those investment managers who sell at 10-30% profitability, their final return is just as average , but those who are able to cling to long-term rising stocks far outperform others...

"Money is made by SITTING, not TRADING" - Jesse Livermore . HengYuan gives me a very good lesson.. I t was Pmetal , Skpres , Vitrox , Penta , Jhm... So many examples , still i blown them too fast . Now... Ini Karilah...

Yes , ini karilah!!!

"Money is made by SITTING, not TRADING" - Jesse Livermore.

"Money is made by SITTING, not TRADING" - Jesse Livermore

FA is there , but TA no proof , because cant post..So i guess it is up to individual chartist to show his/her expertise.

Dump the losers , ride the winners.

The market leader , ride up the bull, trade the bull by its horn..

Those who corners up the shares, should know who and who , be it genuine investors or punters , all in their hands...

Call warrants even sad , everything seem so bright early yesterday morning , but now it made them miserable sorrow...

Looking at volume traded till now , there are a lot of weak holders bought yesterday , today downward must have force then out painfully...Sad case indeed. No free meal..

Resistance turn support now , price test the support well , hope it stays...

Shorterm pull back ,(BUEC-Backup to the Edge of the Creek)...Looking forward to park again..

I will categorise tis stock as A class. Very seldom i see stock that can move in such manner . Its shorterm MACD is super.

It will retest the recent low for sure . But i think 60 sen is a better entry . No hurry , when the pz is there , plenty of time to decide . Tis time SM also caught red handed , unforeseen dropping of crude oil is the culprit. Buying in stages is a good strategy as the game will resume again.

Pay attention to the bar on 3/3 as any violation will signal the live hood . Best is to do nothing ,let SM leads....We will follow...

Next week is interesting as the pz is approaching MA20. Macd small tf is approaching zero . Any up moves if any must be resurfacing .Crucial indeed.

Its volume suppose to be decreasing , but no... The selling volume is still there.

31 to 33.5 sen. My next watch pz

My 2017 stock picks,
1. Magni- 15%
2. Scgm -15%
3. IQ grp -15 %
4. Superln -15 %
5. Tguan -15%
6. Sam -15%
7. Kawan -10 %

https://brightside.me/article/15-personality-traits-which-all-successful-people-have-2655/

No entry signal detect ...avoid while waiting..

Wait for it to settle down baru hoot

downtrend stock , avoid

By looking at the waves , it has completed 4 upwaves , to me ....Not much meat left . Need confirmation from future px action . News released /published by media seem helping them to offload...As usual watch ur trade..

Supply coming in , need to monitor carefully. Dont overlook . 1st sign of massive distribution occur. Whether the px can move upward will depend on next few bars.

Last nite , i already said reporting season is a curse for chartist , further more last few bars saw huge supply coming in , got effort but no result..

Please study the last few bars px and volume action... The doubt is there..

For chartist , reporting season is a curse...Better sideline.Best time to dispose when everybody hoping for good news.But i believe , some funds r disposing...

Chart not looking good...Daily and weekly , px and volume plus oscillator still bearish...