ProfitMan—Thanks, ya I am having a great time and really nice to see a real “Desert” 2 days ago. Now I am back to my favourite place in Northern Thailand, weather is cool and so relaxing. Internet is very accessible..Oh ya, do remember to set a Trailing Stop to protect your profits on MPHACAP.

CityTrader --Thanks but dont feel bad you missed MPHBCAP as there are so many counters to trade as long as you have a plan you should do OK. Suddenly Oct. month is not as bad as everyone screaming “Sell” because US shut down. Our opinions are wrong most of time only “Market Is Always Right”..

Sis Metta, Yum Cha a small problem lah..Can belanja Dinner with red wines also. Today I also disposed my Westport at Average costs of $2.66 from the IPO. I also cleared all my Muhibah when $2.39 was violated to protect my capitals plus a bit of profits. I am also collecting AZRB during its consolidation period, I like the counter after it breakout with volumes from $0.995 now moving into ‘Stage 2” of the cycle. I will update the chart for AZRB tomorrow.

Thanks to CityTrader, inwest88 & hiddengem on your contributions about FA and TA… 2 school of thought and I think inwest88 says it well “whether as a investor, trader or speculator, the most important thing is that we are able to make gains at the end of the day.”.

HAPPY TRADING…

ProfitMan, There are some criteria for cup and Handle pattern,Engtex is definitely not one o them. The cup is not round and the handle should be retracement instead of new high. Engtex if break $1.51 will move again.I think you are on a winner.
Oh Ya, thanks for MPHBCAP, I cleared another 25% of my holding at $1.70 now left with another 50% for the TP of $1.84.

Sis jennylee1382,

AZRB had completed its cycle starting 21/06 to 28/08 setting a new low at $0.82 (Stage 1 to stage 4). It is starting the next cycle and I believe it had breakout from stage 1 on 11/10 by breaking above $0.995 and started the stage 2 movements which is the one the traders would like to trade. I am collecting on any weakness towards immediate support of $1.00.
SBCCORP—Same scenario at stage 2 movement after breaking out from $1.73 2 days ago. I am also collecting on any weakness.

Please remember to set an exit point if you wish to buy these 2 stocks.

HAPPY TRADING..

18th Oct

1) ALAM— Finally Alam breakout and completed the “Inverted Head & Shoulder” pattern with 2x the Av Volumes today. It is expected to move higher from here with immediate Resistances at $1.62/$1.67. I scale in extra 25% shares when broke above $1.53, now my average cost had increased to $1.48. If it can break above $1.67, Alam has the immediate target of $1.73 and final TP of $1.84.
Immediate support is adjusted to $1.54/$1.48, any weakness is a good time to collect for future play. I will exit if $1.48 is violated to protect my capitals.

2) IJMLAND---As suggested yesterday it formed a “Long Lower Shallow” which has a Bullish interpretation. Today IJMLand broke above $2.81 to complete the “Cup and Handle” Pattern, the only concern is lack of volumes during the breakout. It moved to the high of $2.83 but could not break through this high that was formed on 26/09, as long as $2.81 is not broken IJMLand is expected to scale higher. It is expected to challenge the immediate resistance at $2.89 and target of $2.95/$3.00.
Immediate support is adjusted to $2.79/$2.75. I have set my Trailing Stop level to just below $2.72 to protect my capitals.

3) MPHBCAP—A separating Line occur today which is Bullish sign, MPHBCap is expected to break above $1.66 to scale higher from here. Immediate target is at $1.70 with final TP of $1.84.
But due to the Price and RSI keep showing Divergence indicating the under strength maybe weaker than thought, I will definitely selling my stock into strength. I will exit if $1.59 is violated to protect my capitals.

4) SUPERMX— Yet to clear above the “Down Trend Line” at $2.53, Supermx is forming an ‘Descending Triangle’ which is Bearish in nature. Unless it breaks above the descending line at $2.53 to challenge $2.62/$2.67, Supermx is likely to break below $2.45/$2.44. Exit if this level is violated.

5) MUHIBAH—The support of $2.40/$2.39 holds which is a good sign, more upward movement to its immediate resistance of $2.48 and immediate target of $2.56, if break may try its final TP of $2.68. Immediate support is adjusted to $2.40/$2.39(Resistance turns support) which is also my Trailing stop to protect my capitals.

6) AZRB & SBCCORP—Start to collect these 2 counters during their consolidation.

I am looking into Dialog (It is gaining momentum).

P/S ProfitMan, thanks for sharing Perisai, will look into it over weekend. I am still oversea but has access to internet now..

HAPPY TRADING…

17th Oct

1) ALAM— Still forming the right shoulder of the “Inverted Head & Shoulder” pattern with neckline at $1.57(Doji formed on 20/09). If it could complete the pattern & breakout from $1.57 with volumes. Alam is definitely a winner.
Alam is slowly but surely moving to get out of its “Down Trend” line which has an ending at $1.53 at the moment. A break above this level with volumes is the first signal that it may complete the “Inverted Head & Shoulder” pattern by breaking out above the neck line at $1.57. Immediate support is adjusted to $1.48/$1.45. I have adjusted my exit level higher to $1.45 to protect my capitals.

2) IJMLAND---As suggested IJMLand is trending between $2.72-$2.81,unless $2.81 is taken out with volumes IJMLand is not out of the wood.Immediate Resistance is at $2.77, today it closed with a “Long Lower Shallow” which has an Bullish impretation. A break baove $2.81 with volumes confirmed it completed the “Cup and Handle” Pattern.
Immediate support is adjusted to $2.72/$2.66. I have increase my Trailing Stop level to just below $2.66 to protect my capitals.

3) MPHBCAP—As suggested MPHB started its consolidation after the price and RSI formed divergence,it tested its support of $1.61 twice and holds.Unless the immediate resistance of $1.66 is taken out HPMBCAP may carry on its consolidation.
Due to the Divergence mentioned I have increased my Trailing stop to just below $1.60 to protect my capitals.

4) SUPERMX— Failed to clear above the “Down Trend Line” ,formed a “Doji” with Gap down today indicates a trend reversal. The next candle if break above $2.55 ( May Scale in more shares) will take it to next level of $2.62/$2.67. A break below $2.45/$2.44 may signal more downward movement for Supermx (Will exit if this level is violated).

5) MUHIBAH—The support of $2.40/$2.39 holds which is a good sign, more upward movement to its immediate target of $2.56 looks possible, if break may try its previous high of $2.72.
Immediate support is adjusted to $2.40/$2.39( Resistance turns suport) which is also my Trailing stop to protect my capitals.

I am looking into Dialog(It is gaining momentum) & SBCCorp after today breakout with volumes, more upward movement could be expected.

HAPPY TRADING…

14th Oct

1) ALAM— Still forming the right shoulder of the “Inverted Head & Shoulder” pattern with neckline at $1.57(Doji formed on 20/09). If it could complete the pattern & breakout from $1.57 with volumes. Alam is definitely a winner.
After the ‘Gravestone Doji” formed on 10/10 it closed above $1.51 indicates more upward in short term movement. It could not break its immediate resistance of $1.54 last Fridayis,a break above will take Alam to its neck line level of $1.57. Immediate support is adjusted to $1.48/$1.45. I have adjusted my exit level higher to $1.45 to protect my capitals.

2) IJMLAND---As suggested IJMLand moved sideway with downward biased. Unless $2.81 is taken out with volumes it is expected to trend between $2.72-$2.81..
After “Engulfing Bull” formed on 02/10, IJMLand formed “Engulfing Bear” twice on 08/10 & 11/10 indicated the Bull may has lossed its steam. A break below $2.72 will take it back to $2.66/$2.60 levels.immediate Resistance is at $2.77, may clear some of my holding if this level cant be taken out soon.
Immediate support is adjusted to $2.72/$2.66. I have increase my exit level if $2.66 is violated (To protect my capitals).

3) HPMBCAP—As suggested MPHB started its consolidation after the price and RSI formed divergence,it tested its support of $1.61 twice and holds.Unless the immediate resistance of $1.66 is taken out HPMBCAP may carry on its consolidation.Exit if $1.52 is violated( breakout turn support).
Due to the Divergence mentioned I amy clear more of my holding during its uptrend movement to further reducing my holding.

4) SUPERMX— As suggested Supermx rebound further and expected to re-test its “Downtrend Line” at $2.57 and if break with volumes it is expected to tackle $2.62/$2.67 (Doji formed on 1st Oct.) Immediate support is adjusted to $2.45 which I will exit if this level is violated.May ‘Scale In” more when $2.57 is broken with volumes.

5) MUHIBAH—As suggested MUHIBAH break above $2.40 and “scale in” more shares and now my Avg Cost has increased from $2.30 to $2.36. It break out from $2.40 with increase volumes and formed 3 white candles indicate more Bullish upward movement to its immediate target of $2.56 if break may try its previous high of $2.72.
Immediate support is adjusted to $2.40( Resistance turns suport) which is also my Trailing stop to protect my capitals.

May re enter Engtex since the suport of $1.38 holds well, Also keen on AZRB & monitor Magna.

P/s inwest88—Thanks for your comments, you are right as we are here to help each other and with one aim only i.e to share informations & make some money together.
jennylee1382—Beside desert I also wanted to climb HuaShan and visit Terracotta (which I did).


HAPPY TRADING…

Bro htyeap125 & City Trader,

Thanks for sharing the counters you are monitoring..Ya the people can be rude and toilet could be terrible..Still the scenery is nice...

Have a nice weekend..

ooi1955, all of us are bro and sis in this thread..Our purpose is everyone can make some $$$ together in stock market. We welcome anyone has good counter to suggest so we can look into it or invest together..Ya, i am enjoying my holiday and very excited tomorrow i can actually visit a desert near Inner Mongolia..I havent seen a Desert yet in my life...

Have a nice weekend..

11th Oct

1) ALAM— Still forming the right shoulder of the “Inverted Head & Shoulder” pattern with neckline at $1.57(Doji formed on 20/09). If it could complete the pattern & breakout from $1.57 with volumes. Alam is definitely a winner.
It showed more weakness after the ‘long legged Doji” formed on 07/10, today formed a ‘Gravestone” Doji showing indecisive, the next candle whether break above $1.51 or below $1.48 will decide its short term movement. Unless immediate resistance of $1.54 is taken out Alam is expected to consolidate lower towards support of $1.47/$1.42. Exit if $1.40 is violated.

2) IJMLAND---As suggested after forming the “Spinning Top” 07/10 IJMLand moved side way with downward biased. Unless $2.81 is taken out with volumes it is expected to trend between $2.72-$2.81..
Immediate support is adjusted to $2.72/$2.70. I have increase my exit level if $2.66 is violated (To protect my capitals).

3) HPMBCAP—As suggested MPHB started its consolidation after the price and RSI start to form divergence, It is expected to move side way and immediate support is adjusted to $1.61/$1.59 with strong support at $1.54/$1.52 (Gap Support.Any consolidation towards support is good time to collect for future play.Exit if $1.52 is violated( breakout turn support). Any rebound may find resistance at $1.66.
Managed to cleared 30% of holding to lock in some profits at $1.65 two days ago.

4) SUPERMX—Re enter Supermx when support of $2.45 holds, a technical rebound is on the card. It is expected to re-test its “Downtrend Line” at $2.57 and if break with volumes it is expected to tackle $2.67 (Doji formed on 1st Oct.) Immediate support is adjusted to $2.45 which I will exit if this level is violated.

I also start to collect Muhibah when $2.30 holds, still waiting for it to breakout from the trending range of $2.26 to $2.40 to Scale In.
May also re enter Engtex the support of $1.38 holds well.

P/S Profitman I havent seen those pretty ladies yet in Xian as climbing HuaShan today..

HAPPY TRADING…

Thanks Sis Metta & Profitman..

Will be in the plane from Bkk to Xian later in the afternoon.
Locked in some profits on MPHBCAP at $1.65..some q at $1.66.

Happy Trading...

9th Oct

1) ALAM— Still forming the right shoulder of the “Inverted Head & Shoulder” pattern with neckline at $1.57(Doji formed on 20/09). If it could complete the pattern & breakout from $1.57 with volumes. Alam is definitely a winner. Form a ‘long legged Doji” yesterday which was a bearish signal, but today it did not break below $1.49 level which is a good sign. unless immediate resistance of $1.54 is taken out Alam is expected to consolidate lower towards support of $1.47/$1.42. Exit if $1.40 is violated.

2) HUAYANG---Yet to break above the” inverted hammer” formed on 3rd Oct at $3.08,uptrend is very much intact. A break above $3.08 it is expect to test next Resistance at $3.15/$3.22.( With the Bonus Issues Ex on 10/10 it may settled at around the current level).Price and RSI has started to show some divergence which is not too healthy. Immeidate supports at $3.02/$2.99.May dispose some selling into strength and kept some for the Bonus issues exercise.

3) IJMLAND---As suggested after forming the “Spinning Top” yesterday IJMLand shows more weakness by consolidating toward its immediate support.Worse still it formed an “Engulfing Bear” today showing Bull may has loss its steam. It is expected to move downward towards supports unless $2.81 is taken out with volumes.
Immediate support is adjusted to $2.72/$2.70. I have increase my exit level if $2.66 is violated (To protect my capitals).

4) HPMBCAP—Broke out with a Rising window above $1.52 on 2nd oct with 4x Av volumes that add creditibility to the breakout. It is expected to scale much higher with immeidate target at $1.70/$1.74. Formed a “Doji” while consolidating on 4th Oct but “Gap Up” the next day to form the “Morning Star” pattern. Today break above $1.62 to confirm the “Morning star” with final TP of $1.84.
Immediate support is adjusted to $1.62 with strong support at $1.56. Any consolidation towards support is good time to collect for future play.Exit if $1.52 is violated( breakout turn support).
The only problem with this stock is that the price and RSI start to form divergence and a correction maybe due soon. I may sell into strength to lock in profits first and buy back during consolidation.
I am not monitoring any counter as I would be flying off to my next destination tomorrow and may not be able to update my stocks tomorrow night. Still,keep an eye on WTK coz the breakout from the Bullish Flag may scale higher.

P/S: Thanks to Profitman for highlighting MPHBCAP to us, apprecaite it.

HAPPY TRADING…

Sis Metta,
August was real bad for us traders..September suppose to be worse but it turned out better than thought.
Oct til now is bad,so if you dont have a plan when enter a stock maybe it is better to wait..

Good Night...

8th Oct

1) ALAM— It is slowly forming the right shoulder of the “Inverted Head & Shoulder” pattern with neckline at $1.57(Doji formed on 20/09). If it could complete the pattern & breakout from $1.57 with volumes. Alam is definitely a winner. Today It cleared $1.51 and move to high of $1.54 but could not hold in before closing at $1.50 with a ‘long legged Doji” which is bearish signal, unless today high of $1.54 is taken out Alam is expected to consolidate lower towards support of $1.45/$1.42. Exit if $1.40 is violated.

2) HUAYANG---Still on side way after the inverted hammer formed on 3rd Oct,uptrend is very much intact. Any weakness should find support at $3.00/$2.96.A break above $3.08 it is expect to test next Resistance at$3.15/$3.22.Final TP is $3.50 by calculation.
Any weakness towards support of $3.00/$2.96 is a good time to collect for future play.
For trading I will exit if $2.96 is violated.

3) IJMLAND---As suggested tested Resistance at $2.81 but failed to clear it for the fourth time.It formed a “Spinning Top” today which is bearish showing the Bull could be in trouble. Unless it can break through $2.81 with volumes to completed the cup and Handle pattern. It is expected to consolidate downwards.
Immediate support is adjusted to $2.74/$2.70. I have increase my exit level if $2.66 is violated (To protect my capitals).
I am monitoring these 3 counters for possible trades:WTK (Seperating Line occur) & MPHBCAP- Rising Star pattern if $1.62 can be taken out.(Suggested by ProfitMan )

The hotel I am staying provides really fast Wifi in the room….

P/S Kutty123 --welcome to our thread.

Sis Metta--Do cultivate the habits of locking in profits..It is better to make some profits then seeing a winning position become losses.

HAPPY TRADING…

Tessa--Welcome to our thread..

Bro pathew, as a trader it is always important still keep in touch of the stocks wherever we are..The hotel we choose first priority is with Free Wifi & gym ...

7th Oct

1) ALAM— It is slowly forming the right shoulder of the “Inverted Head & Shoulder” pattern with neckline at $1.57(Doji formed on 20/09). If it could complete the pattern & breakout from $1.57 with volumes. Alam is definitely a winner. 3 white candles after the “Doji” indicates more upward movement could be expected.
It is expected to try next Resistance at $1.51/$1.57 (Strong Resistance).
Immediate support is adjusted to $1.42/$1.40. Exit level if $1.40 is violated.

2) HUAYANG---As suggested, consolidate side way after the inverted hammer formed on 3rd Oct. Any weakness should find support at $3.00/$2.96.Huayang needs to stays above $3.07 to test next Resistance at$3.15/$3.22.Final TP is $3.50 by calculation.
Any weakness towards support of $3.00/$2.96 is a good time to collect for future play.
For trading I will exit if $2.96 is violated.

3) IJMLAND--- It break above $2.74 confirming the Engulfing Bull formed on 3rd Oct to carry on its Bullish movement. It is expected to re-test its next resistance at $2.81 and if it can break through with volumes IJMLand completed the cup and Handle pattern. It should scale higher.
The next strong Resistance is at $2.97 and TP $3.22 by calculation.
Exit if $2.60 is violated.


As I am on holiday from Sunday I might not be able to update my post every day.

HAPPY TRADING…

4th Oct

1) ALAM— It is slowly forming the right shoulder of the “Inverted Head & Shoulder” pattern with neckline at $1.57(Doji formed on 20/09). If it could complete the pattern & breakout from $1.57 Alam is definitely a winner.
Today it break above $1.47 (Doji formed on 01/10), a break above $1.49 signal “Scaling In Buy” , It is expected to try next Resistance at $1.51/$1.57 (Strong Resistance).
Immediate support is adjusted to $1.42/$1.40. I am adjusting my exit level if $1.40 is violated as I like the formation of the pattern.

2) HUAYANG---Failed to close above $3.07, side way movement could be expected in near term. Any weakness should find support at $3.00/$2.96.It is expected to move higher to test next Resistance at$3.15/$3.22.Final TP is $3.50 by calculation.
Any weakness towards support of $3.00/$2.96 is a good time to collect for future play.
For trading I will exit if $2.96 is violated.

3) IJMLAND---Did not follow through with the Engulfing Bull candle instead closed lower that $2.74 today. Formed an inside bar today which is indecisive.
If break below $2.72 the Engulfing Bull formed yesterday could be the last engulfing top. More consolidation is expected towards $2.66/$2.60.
If break above $2.74 it is expected to re-test its next resistance at $2.80 and if it can break through with volumes IJMLand completed the cup and saucer pattern.
A break above $2.80 will take it to next strong Resistance at $2.97 and TP $3.22 by calculation.
Exit if $2.60 is violated.

Today cleared all my ENGTEX to lock in profits, may re enter when consolidation is over.

While on holidays I may still check on the stocks whenever there is opportunity to access internet.

HAPPY TRADING…

Bro htyeap125 --Thanks.
I will still monitor the stocks on and off when back to hotel..
Still holding on Alam,Huayang and IJMLand...
Sold all my Engtex today..

Happy Trading...

Tq Sis Metta, ooi1955,jennylee and ProfitMan for all the good wishes..I still can look the charts sometimes using hotel wifi..So will definitely pop in on and off.

Profitman, i did look at Seacera and this is kind of stock we trader call "Congestion" side way pattern.The stock normally moves in erratic,disorganized pattern with little follow through. We always avoid to trade on stock like Seacera..
I see you managed to pick many winners but Seacera you will find it hard to predict movement..

Happy Trading..

3rd Oct

1) ALAM— Couldn’t clear the immediate Resistance at $1.47 today. Consolidation looks over for Alam to move higher. It is expected to try next Resistance at $1.51/$1.57 (Doji formed on 20/09).
Exit if $1.42(Doji Low) is violated.

2) ENGTEX—Set a new high today at $1.51 which is slightly below estimated TP of $1.54.Today it closed with a ”Shooting Star”which is a Bearish signal. It is expected to start its retracement soon unless $1.51 can be taken out.
Immediate support is adjusted to$1.40/$1.36. Trailing Stop is adjusted to $1.40 to protect my profits or may sell into strength.

3) HUAYANG---Managed to break and stay above $3.00 (Signal Buy) after 4 previous failed attempts. If break $3.07 it is expected to move higher to test $3.15/$3.22.Final TP is $3.50 by calculation.
Any weakness towards support of $3.00 is a good time to collect for future play.
For trading I will exit if $2.96 is violated.

4) IJMLAND---As suggested it starts to rebound today and move to the high of $2.75 with an Engulfing Bullish Candle. It is expected to re-test its next resistance at $2.80 and if it can break through with volumes IJMLand completed the cup and saucer pattern.(It has on 3 previous attempts but failed to close above $2.80).A break above $2.80 will take it to next strong Resistance at $2.97 and TP $3.22 by calculation.
Immediate support is adjusted to $2.66/$2.60. Exit if $2.60 is violated.

Today sold 50% of ENGTEX to lock in profits at an average price of $1.48.

I will be away for 2 weeks holiday (oversea) this weekend so not monitoring any stocks at the moment…

HAPPY TRADING…

ProfitMan,MPHBCAP-- this is a winner too...

Broke out from $1.52 with volumes today and hit a new high of 1.62 with a Bullish white candle.Today “gap up” of $1.54/$1.52 becomes strong Gap support. Any retracement provides buying opportunity. Immediate support is adjusted to $1.57.Tp at $1.70 by calculation.

Happy Trading..

ProfitMan, i normally look at the immediate support if the stock is moving higher to lock in profits. 3% Swing is also a good practice..Good Lucks as I always say “Selling is the hardest part “, decision is yours.

ProfitMan—Inari—Moving into uncharted territory and keep setting new high..I am happy you are still on this real winner..Reversal I don’t think so but to consolidate is unavoidable . Even a Bull needs rest after charging for so long.
It is your decision whether to Sell or not but I would set a Trailing Stop to lock in profits…

Happy Trading...

2nd Oct
\
1) ALAM—Formed a “Doji” today during consolidation which is a good sign. If it can break above $1.47 it is expected to move higher. The consolidation started with a “Doji” formed on 20/09 at $1.57 and today “Doji” could signal the reversal of trend.
Immediate Resistance is adjusted to $1.47 /$1.51. Exit if $1.42(Doji Low) is violated.


2) ENGTEX—Break above $1.45 today and reach new height of $1.47 but closed at $1.44 due to It profit taking activities. The immediate Resistance is adjusted to $1.47 with final TP of $1.54.
Immediate support is adjusted to$1.40/$1.36, any consolidation towards support is a good time to collect for future play. Trailing Stop is adjusted to $1.40 to protect my profits.( May sell into strength to lock in profits if break $1.47)..

2) IJMLAND---Tight movement today ends with a short black candle. A trend reversal might be near the corner. It re-tested support of $2.67 again, it may try the strong support of $2.60 if $2.67 is violated.

Today sold Dayang and take some losses when it broke $4.70, Muhibah when broke $2.29 to protect my capitals.
I am monitoring: Perdana, Jetson & Huayang for future trades….
HAPPY TRADING…

Happy Trading...

ooi1955--once youy learnt how to cut losses as what ProfitMan said..In the long run you will start to make $$$...

ooi1955—A small profits is better than loss…sometime when trade is against us it is important we protect our capitals. There is always another counter to trade…

Thanks Bro htyeap125, your reading is about the same as mine...

ProfitMan

CLIQ-WA—It is trading below its Descending Line.
It generates a “Buy” signal on 19/09 after moving above the “doji” formed on 18/09, on 20/09 it surge upward with 5x Av volumes and hit high of $0.37 on that day. Consolidated for the past 6 days and a break above $0.37 today indicates it may try its immediate TP at $0.39 and Final TP at $0.45 by calculation.
Immediate support is adjusted to $0.36/$0.345 with stop loss if $0.33 is violated.

Happy Trading....

Bro htyeap125,Digista also one of my lost counters..

ProfitMan, Engtex hit my first TP $1.45, i am also holding on it but may raise my Trailing Stop at $1.40 to protect my profits..
Happy for you too on INARI..Look so strong !!Anyway i am very happy with its performances..

Happy Trading..

JTFX---I agreed with your comment on KLCI…The Gap support of 1753/1747 formed on 09/09 might provide some support for our indices..

September is a good month for me( after the disastrous month of August), closing 10 trades only need to cut losses on 3 counters the other 7 especially Puncak, Inari,Supermx bring in some handsome profits..Cheers !!

Happy Trading…

1st Oct

1) ALAM—As suggested close the Gap of $1.46/$1.43 today.
The “Doji” formed at top on 20/09 at $1.57 not just acting as strong Resistance but maybe forming the Neck Line for the formation of ‘Inverted Head &Shoulder”. 3 black candles for the past 3 days indicate bearish movement.
Immediate Resistance is adjusted to $1.47 /$1.51.Exit if $1.43 is violated.

2) DAYANG—Briefly violated support of $4.70 & formed a “Doji” today, is this the first sign of Trend Reversal? A break above $4.78 may rebound further to $4.90 with strong resistance at $5.03. It is expected to trade side way in the trending ranges of $4.70-$4.90. Exit if $4.70 is violated.
Unless $5.03 is taken out soon may clear Dayang to protect my capital.

3) ENGTEX—Move higher as anticipated and almost reaches its immediate target of $1.45, final TP estimated at $1.54. 3 white candles for the past 3 days indicate more Bullish movement.
Immediate support is adjusted to $1.36, any consolidation towards support is a good time to collect for future play. Trailing Stop is adjusted to $1.36 to protect my profits.( May sell into strength to lock in profits if break $1.45).

4) IJMLAND---Showed more weakness today after the “Long Upper shadow” candle formed on 27/09. It re-tested support of $2.67,it may try the strong support of $2.60 if $2.67 is violated. It is expected to trend between $2.67 - $2.75. Exit if $2.60 is violated.

5) MUHIBAH—Consolidate further with reduce volumes today & formed a “ Spinning Top” ,is this the first sign of Trend Reversal? It needs to break above $2.40 to stand a chance of continuing its upward movement to test next Resistance at $2.40/$2.43.
I am adjusting my Trailing Stop at $2.29 to protect my capitals.

Sold all my INARI at $1.02 today, very happy with Inari performances and the profits I lock in..It did better than my estimated target of $1.02. For those that still holding on I wish you best of lucks as it is moving into uncharted territory.

I am monitoring: TA , Magna & Huayang for future trades….

HAPPY TRADING…

30thSept

1) ALAM—Consolidate further and testing Gap support of $1.46/$1.43 with reduce volumes.
The “Doji” formed at top on 20/09 at $1.57 not just acting as strong Resistance but maybe forming the Neck Line for the formation of ‘Inverted Head &Shoulder”.
Immediate Resistance is adjusted to $1.51 /$1.57.Exit if $1.43 is violated.

2) DAYANG—Manage to hold the fort of $4.70, it is expected to rebound further to $4.90 with strong resistance at $5.03. Exit if $4.70 is violated.
Unless $5.03 is taken out soon may clear Dayang to protect my capital.

3) ENGTEX—Move higher as anticipated but could not reach its immediate target of $1.45,final TP estimated at $1.54. A break above $1.42 definitely will take it to $1.45 and beyond.
Immediate support is adjusted to $1.36/$1.32, Any consolidation is a good time to collect for future play. Trailing Stop is adjusted to $1.30 to protect my capitals.

4) IJMLAND---Showed more weakness today after the “Long Upper shadow” candle formed on 27/09. As suggested it re-test support of $2.70/$2.67. it is expected to trend between $2.67-$2.75. Exit if $2.60 is violated.

5) INARI—As suggested INARI break above $0.925 and move to the high of $0.955 before closing at $0.95. Further upward movement is expected for Inari to break $0.96 and try previous High of $0.985. A break above this level will take it to the uncharted territory with an initial TP of $1.02.
Any consolidation should find support at $0.925/$0.90.
Trailing Stop is adjusted to at $0.925 to protect my profits or may sell into strength toward next Resistances.

6) MUHIBAH—Consolidate further with reduce volumes today which is a good sign, it is expected to break& stay above $2.40 to take out the “DojI’ formed on 20/09. Next Resistance at $2.56 & beyond.
I am adjusting my Trailing Stop at $2.29 to protect my capitals.

I am monitoring TA , Magna & Huayang for future trades….

HAPPY TRADING…

JTFX—KLSE at the moment is trading side way with the trending range of” 1726 to 1826 “with immediate resistance at 1805/1811 and immediate support at 1769/1762.
KLCI has 2 rising windows of the last 20 candles on 10/09(1747-1753) &19/09 (1774-1787). The “Gap” of “1774-1787” was closed 26/09.Further weakness should find support at the other “Gap” support at “1747-1753”. A “Harami” occurred last Friday with a Gravestone Doji inside, this is normally a trend reversal.
For long term KLCI must take out the strong resistance at 1826 to continue its Bullish Run. The support at 1726 if broken may take KLCI into Bearish mode.

jennylee1382,ProfitMan—As I just got back to KL I will look into TMS & Seacara tomorrow.I need to times to analyse my own stocks for tomorrow trading..

CityTrader--Just got back from my outstation trip 1 hour ago..Preparinmg for my tomorrow trades..

ProfitMan, my average buying price for Digista was $0.325..off load average of $0.31..Took some losses.

Jennylee & Hot.T—That is one thing I never advise, BUY or SELL. Jenny, since you bought below $0.32 it should be trading bet $0.26 to $0.32 for now..I am difference because I trade when it broke out from $0.32, that is why I cut losses when $0.32 is violated.

HAPPY TRADING...

Iwalk—Thanks for the link,Marty Schwartz definitely my idol....I agreed with them lots of us just refuse to admit mistake because of our ego. I used to be like that and end up holding lot of losing stocks and Hope for rebounce. Now I trade with discipline and exit plan, like Digista today when it broke $0.32 I don’t need to think twice and off load everything. I made a mistake and take my losses and move on…

HAPPY TRADING...

TonyLim—Thanks for your correction..since like i am living 1 day ahead.

Miketyu—Welcome to our thread.

Sephiroth—wow..that is a good price you are having TA, my congratulation to you.

Note: I cleared all mine when $0.32 is violated and take my losses. For those that still holding good lucks…
choolooi, it is up to your own decision but I will never average down and start to live in “Hope & pray”…

HAPPY TRADING...

28thSept

1) ALAM—Broke support of $1.47 show morw weakness, start testing Gap Support of $1.46/$1.43.
The “Doji” formed at top on 20/09 at $1.57 not just acting as strong Resistance but maybe also the Neck Line for the formation of ‘Inverted Head 7 Shoulder.
Immediate Resistance is adjusted to $1.51 /$1.57.Exit if $1.43 is violated.

2) DAYANG—The support of $4.76 was broken today showing more weakness. It tested my cut loss level of $4.70 but barely managed to hold. Unless it can rebound immediately most likely will need to take some losses from Dayang.

3) DIGISTA— Formed a Black candle today showing more weakness.The support of $0.32 withstood more selling pressure today, as long as this level stay it is expected to move higher to its TP of $0.36/$0.38 .
I will limit my losses if $0.32 is violated.

4) ENGTEX—Bought Engtex today after taking out the “Doji” at $1.32.Immediate TP is estimated at $1.45 with final TP at $1.54.
Any consolidation should find supports at $1.32/$1.30, good time to collect for future play. Exit if $1.25 is violated.

5) IJMLAND---Bought in IJMLand today at Av cost of $2.73 today. It broke out from its Descending Line 3 days ago and since then it has managed to stay above the supports of $2.70/$2.67.Today it moves to the high of $2.83 before subjected to profit taking and form a “Long Upper shadow” candle which is bearish candle. Further weakness may see IJMLand re-test support of $2.70/$2.67. Exit if $2.60 is violated.

6) INARI—confirm the “Inverted Hammer” formed yesterday & move higher, INARI broke $0.90 with 2x av Volumes and move to its immediate Resistance at $0.925. If break $0.925 it is expected to test next Resistances at $0.96/$0.985. Immediate support is adjusted to $0.90/$0.88.
I cleared 50% of holding today at $0.92 to lock in profits.
Trailing Stop is adjusted to at $0.90 to protect my profits.

7) MUHIBAH—Consolidate with reduce volumes today which is a good sign,it is expected to break& stay above $2.40 (Signal Buy)but will need more volumes to push to next Resistance at $2.56 & beyond.
I am adjusting my Trailing Stop at $2.29 to protect my capitals.

8) PERDANA--- PERDANA is forming “Cup and Saucer” pattern, today it try to break above $1.89/$1.90 but failed in its attempt because lack of volumes.It formed a ‘Long Upper shadow” which show more weakness. Immediate support is adjusted to $1.83.
Price has stalled and RSI has formed a Divergence is a major concern to me lately. I may cleared Perdana(If $1.89 could not be taken out) on any rebound to protect my profits & capitals.

I am not minitoring any counter because I am trading on my Maximum of 8 counters. The only counter that is on my radar is TA suggested by sephiroth.

P/s Sis Metta, always happy to hear from you,hope you make some $$$ on Puncak. You are in good price for Engtex, looks like it is moving higher.Ya, i am on and off the monitor but at night i spent lots of times for next day trading...
Thanks ProfitMan, as i always say we are here to learn from each other and most important we can make some $$$ from the stock market.

Good Night....

jennylee1382,ProfitMan & JTFX ---Will look at the chart for TMS , Seacera & KLCI over the weekend for you all.

rubberneck3— INARI --You r most welcome..I cleared 50% of my holding today at $0.92 to lock in some profits too.

ooi1955--- Hope you make $$$ on Puncak..I cleared my Puncak at $3.18.

ProfitMan---I bought in ENGTEX today so I will update on my Portfolio tonight. Your technical reading sound good, I think it is not far from my reading too. Keep up your good works.

HAPPY TRADING...

sephiroth—TA –-You are right TA is very Bullish. Broke out from the “Downtrend Channel” 2 days ago with rising window and 5x Av volumes signal “Buy”. Immediate TP is estimated at $0.78 by calculation.
Today try to clear the immediate resistance at $0.69, if break will try next strong resistance at $0.735.
Immediate support is at $0.655 and strong support at ‘Gap” Support of $0.635/$0.625. Any consolidation towards supports maybe be good time to collect for future play.

Thanks sephiroth for hightlighting TA, now it is on my radar too.

HAPPY TRADING....

Chengyee---Thanks Bro hyyeap125 for updating on TAS…
It did breakout from $0.69 and set a new high into uncharted territory of $0.755 . The next Tp is estimated to be $0.79 by calculation.
The breakout point of $0.69 has becomes the immediate support and TAS may retest this level during consolidation. Next strong support is at the “Gap” support of $0.66/$0.635.
For trdaers that want to trade above the Breakout of $0.69, do exit if $0.69 is violated.

Cleared all my Puncak at an average of $3.18 , sis Metta did you do so too?
Sold 50% od INARI at $0.92 to lock in profits..
Bought in IJM Land and ENGTEX..

HAPPY TRADING..

26thSept
1) ALAM—Formed a “Doji” today, maybe trend reversal is at the corner.The support of $1.47 tested again and hold which is a good sign. If Alam can move above $1.51 signal “Buy” to try next resistance at $1.57 ( the “Doji” formed at top on 20/09) and beyond.
Strong gap support is at $1.46/$1.43.Exit if $1.43 is violated.

2) DAYANG—Immediate support of $4.76 was tested 3 times and hold.Formed an “inverted Hammer” today which confirmed the creditability of the support at $4.76.
It is expected to test its immediate resistance at $4.85/$4.90.
Exit if $4.70 is violated.

3) DIGISTA— Re-confirm the breakout of $0.32 when it withstood the selling pressure on this level.
Even though it failed to move higher than $0.355 today but it is building strong base at $0.32 for future upward movement. Immediate resistance is adjusted to $0.355/$0.36.
I will limit my losses if $0.32 is violated.
(Note: Bought in more Digista after observing the support of $0.32 stood now my average cost is reduced to $0.325)

4) INARI—It has been 9 days since INARI broke the downtrend line at $0.86 with above average volumes and so far the prices only increased by 4%, the validality of that breakout is questionable.
The price has stalled but volumes increases today and form an “Inverted Hammer”, is this the first sign of reversal? A move above $0.90 will confirm the upward movement.
Trailing Stop is set at $0.88.

5) MUHIBAH—Confirmed the “Spinning Top” (Trend Reversal) yesterday by moving upwards,following its previous DNA pattern formed on 20/06.
It is expected to break& stay above $2.40 (Signal Buy)but will need more volumes to push to next Resistance at $2.56 & beyond.
I am adjusting my Trailing Stop at $2.29 to protect my capitals.

6) PERDANA--- PERDANA is forming “Cup and Saucer” pattern, a break above $1.89 with volumes will complete the pattern. Immediate support is adjusted to $1.80.Perdana has started to show weakness because Price has stalled and RSI has formed a Divergence. (May clear to protect profits if $1.89 could not be taken out soon)
Exit if $1.76 is violated.

7) Puncak—Failed to move back into its “Uptrend Flag channel “ so unless it could stay above $3.10
It is most likely to move downward. I will clear if cant stay above $3.10 to protect my capitals.
(Sis Metta, I am clearing mine so do make your own decision to sell or hold).

I am monitoring: 1) IJMLAND( Immediate support of $2.70/$2.68 stay which is a good sign)
2) ENGTEX—yet to take out the Doji formed on 18/07 at $1.32, a break above signal Buy or may collect near support of $1.24.

(Note:jenabchen123-welcome to our thread. You are right never to chase a stock but if you do have a Plan before you buy then you can trade any counter even at higher price.)

HAPPY TRADING….

chengyee---Bro htyeap had analyse TAS beofre, please refer to his eralier post.
jennylee--CityTrader analysis on GUH before, please refer to his earlier analysis..

Happy Trading…

Alex Leow Sze Shen ---Skpres—The stock is trending between $0.295 to $0.365.If you are trading this counter you may want to buy near $0.295 and sell around $0.365. If break $0.365 it is expected to find strong resistance at $0.395. Unless this level($0.395) is taken out expect more trending in near term.
Exit at if $0.295 is violated.

jennylee1382---MKH—Counter is bullish ,hit the high of $2.81 on 22/05 since then it has failed to clear this high. The last time it tried was on 19/08 it reached $2.78 before retreating again.It has 2 falling windows on 30/05 & 22/08 at $2.67 which form a strong resistance now. It needs to trade above this level to challenge previous high.Recent rebound from low of $2.39 lack convincing volumes to push above its previous high.

ProfitMan—CENSOF—You are right about immediate resistance at $0.51 but that wasn’t the resistance that you should be concern because by the momentum of volumes will be taken out.The strong resistance that Censof needs to break is its “Descending Line” formed since hitting high of $0.645 on 05/06. If it can break above $0.545 convincingly then it is out of its downward channel.

ooi1955—thanks, I am not oevrsea so I can always pop in to check my stocks..(Next month from 6th to 22nd Oct i will be oversea)

Stockwatch— PRK Corp—After hitting high of $3.50 on 15/08 it broke down below its “Ascending Line” on 26/08 and found a new low of $2.47.since then it has failed to move above this Ascending Line (now turned to be strong resitance). Lately it has started a new ascending channel with the previous Ascending line as strong resistance,traders may buy near new support line ( which is close to the 30EMA). Thanks for highlighting I will put this counter at my watch list.

rubberneck3---Like your Mantras…When I ran long distance I also use mantra to push me on..

choolooi --Like you I bought in more Digista at $0.32(after seeing it withstand all those heavy selling) today now my average cost now reduce to $0.325..

HAPPY TRADING..

25thSept

1) ALAM—As suggested ALAM consolidated downward& tested support at $1.47 beofe closing at $1.49. ALAM is most likely to trend from $1.47 to $1.57.( the “Doji” formed at top on 20/09) Strong gap support is at $1.46/$1.43 Any further consolidation may provide opportunities to collect for future play.Exit if $1.43 is violated.

2) DAYANG—Re-tested immediate support is of $4.76 & hold.Price has stalled with reduced volumes.Immediate resistance is adjusted to $4.85/$4.90.
Will cut losses if $4.70 is violated.

3) DIGISTA—Move higher to $0.355 but couldn’t reach my 1st TP of $0.36. Profits taking activity was quite well abosrbed with 2x the breakout volumes.The only problem is the” Big Black Candle” formed today, is this the 1st sign of the Top?
It re-tested support of $0.32(Breakout Level)& hold which is a good sign. I will limit my losses if $0.32 is violated. (Wow so many of us in Digista…)

4) INARI—The price has stalled with reduced volumes. The price & RSI started to form Divergence(from 17th Sept) which show some weakness, unless $0.90 is taken out you may want to exit first. I am adjusting my Trailing Stop to $0.88 if violated will sell to protect my profits and capitals.

5) MUHIBAH— It is following its previous DNA pattern on 20/06 when it formed “ Doji” inside a” Big White Candle”. Consolidated and went down to low of $2.29 and formed a “Spinning Top” today. Any further consolidation will find support at$2.26/$2.22.
If break $2.40 (Signal Buy) next Resistance is at $2.56 & beyond.

6) PERDANA--- It tested immediate support of $1.80 & hold.PERDANA is forming “Cup and Saucer” pattern, a break above $1.89 with volumes will complete the pattern. Exit if $1.76 is violated.

7) Puncak--Forming “Flag” pattern with tendency to trade higher, as mentioned earlier in my post the PRICE and RSI forming divergence(since 05/09) and today it almost breakdown from the “Flag” pattern at $3.03 which is also my” Trailing Stop “level.Unless it can move back into its “Uptrend Flag channel “ it is most likely to consolidate downwards.

I am also monitoring IJMLAND (premature Breakout 2 days ago), Huayang if break above $2.91.

HAPPY TRADING….

P/s: I also take this opportunity to welcome Alex Leow,Koyak71 and Fireball who visited our Thread. For those charts requested by forumers here I promised to look at them when I could access my charts.
Good Night !!

ProfitMan & Jenny, can only look at your counters when i am back from my breaks..Need to pack and wake up early tomorrow..will look into them if have the opportunity to use the internet while awy..Good Night..

24thSept

1) ALAM—ALAM consolidated downward (“Doji” formed at top on 20/09) after breaking $1.52 as suggested. It is most likely to test next support at $1.47 and strong gap support is at $$1.46/$1.43 levels. Any further consolidation may provide opportunities to collect for future play.
To continue upward movement ALAM needs to take out that “Doji” at $1.57. Exit if $1.43 is violated.

2) DAYANG—It is expected to test next resistance OF $4.94 & strong Resistance at $5.03.
Immediate support is adjusted to $4.76/$4.70.Will cut losses if $4.70 is violated.

3) DIGISTA—Break out from the Trending range of” $0.26-$0.32” today with 5X the Ave volumes. It also took out the Doji formed on 01/08 at $0.355 to add creditability of the break out. Furthermore a "separating Line" occurred which suggests uptrend should continue. It is expected to test next resistance at $0.36 with immediate TP at $0.38. Any weakness towards support of $0.32 is a good opportunity to collect will limit my losses if $0.32 is violated.

4) INARI-- The support of $0.885 stay which is a good sign,it needs to break above $0.90 to test next resistance at $0.92/$0.925. (Note: May lock in profits by selling into strength if $0.925 cannot be broken.)My Trailing stop is adjusted to $0.86 to protect my capital.
( Note: The price & RSI started to form Divergence(from 17th Sept) which show some weakness, unless $0.90 is taken out you may want to exit first)

5) MUHIBAH— It is following its previous DNA on 20/06 when it formed “ Doji” inside a” Big White Candle”. More consolidation could be expected,tested immediate support of $2.32 & hold but if break it is expected to move downward towards $2.26/$2.22.

6) PERDANA--- More consolidation is expected from Perdana towards support of $1.80/$1.76. PERDANA is forming “Cup and Saucer” pattern, a break above $1.89 with volumes will complete the pattern. Exit if $1.76 is violated.

7) Puncak--Forming “Flag” pattern with tendency to trade higher (boundaries of $3.05 to $3.20 & rising). Immediate resistance is adjusted to $3.13. I have adjusted to clear if” Trailing Stop “of $3.03 is violated.
I sold my E&O and PRESBHD to reduce my holding. Will sell more if opportunity arises.
I am traveling tomorrow so may not be able to update my portfolio nightly.

HAPPY TRADING….

jennylee1382--I really like to help but can you tell me how many counters you are trading? It is very important that we should not over trade especially at this difficult time.Please enlighten us the counters you are in so we can guide you technically..Thanks.

chengyee—Thanks for highlighting me on Digista, appreciated it, I went in at $0.33 after your alert. The volumes did increased after CityTrader mentioned it and add creditability to the Breakout, If that Doji formed on 01/08 at $0.335 can be taken out it is most likely to try $0.36 & TP of $0.38 by calculation.

inwest88— Thanks to CityTrader he is trying to warn us it could be a ‘Bull Trap” as normally after the Breakout the counter may re-test that breakout level. Like in my previous posts I was on many occasions caught on “Bull Trap” as what CityTrader suggested.

ProfitMan—Will look into Censof for you tonight as I will be away from tomorrow…

I cleared my PRESBHD and 50% E&O today....
HAPPY TRADING…..

ProfitMan --You cant spot it because it is "in process of completing the pattern"...For "inverted Head and shoulder" you need to look at it "upside Down"..This is normally Bullish if that Doji at $1.32 can be taken out as suggested by CityTrader..
No..on 19/09 not a 'Hanging man"..Just s "Doji"...

HAPPY TRADING...

23rd Sept

1) E&O—Price has stalled and it is trending between $2.00 to $2.07.Unless it breaks above $2.07 (Doji formed on 12/09) should continue its side way movement. Exit if $2.00 is violated. ( I may clear E&O to use the capital for other stocks)

2) PRESBHD—A break above its next resistance at $2.16 with volumes will propels PRESBHD back to its previous high of $2.24 and beyond. Adjusted my” Trailing stop” to $2.05 to protect my Profits. Immediate support is adjusted to $2.10/$2.05.

3) PUNCAK—Forming “Flag” pattern with tendency to trade higher (boundaries of $3.02 to $3.18 & rising). Immediate resistance is adjusted to $3.13. Exit if” Trailing Stop “of $2.99 is violated.
( Sis Metta, I know you are trading Puncak just a word of cautious, the Prices & RSI of Puncak is forming divergence(from 5th Sept til now) which mean some weakness, I may clear if $3.13 is not taken out soon).

4) PERDANA—More consolidation is expected from Perdana towards support of $1.80/$1.76. PERDANA is forming “Cup and Saucer” pattern, a break above $1.89 with volumes will complete the pattern. Exit if $1.76 is violated.

5) INARI---The price of Inari has stalled with reduced volumes on Friday indicate ‘indecisive” day. It is resting on its immediate support of $0.885 if break may try $0.86. It needs to break above $0.90 to test next resistance at $0.92/$0.925. (Note: May lock in profits by selling into strength if $0.925 cannot be broken.)My Trailing stop is adjusted to $0.86 is violated will sell to protect my capital.

6) ALAM—Form a “Doji” after gaping up (There have been 3 rising windows in the past 30 candles making ALAM very Bullish) on Friday, this is normally a "Bearish Trend Reversal". A break below $1.52 means ALAM should be consolidating towards “Gap” supports of $1.46/$1.43. To continue upward movement ALAM needs to take out that “Doji” at $1.57.(I may sell to protect my profits and capitals if $1.57 cant be taken out ). Exit if $1.43 is violated.

7) DAYANG— Test the support of $4.76 and hold, It is expected to break resistance of $4.90 to move higher. Immediate Resistance is at $4.94 with strong Resistance at $5.03.Immediate support is adjusted to $4.76/$4.70.Will cut losses if $4.70 is violated.

8) MUHIBAH—Very Bullish, Chart wise it formed a “ Doji” inside a” Big White Candle”, the last time Muhibah did that was on 20/06 also at “Overbought” position & just crossed the 30EMA line. Now the question is will Muhibah repeat its DNA? If so it is expected to consolidate towards $2.22 level before moving to the new high .If break $2.40 next Resistance is at $2.56.

The counters that are on my watchlist are Kimlun, Huayang & Engtex (Thanks CityTrader for sharing technical reading on this counter). Temporary i wont be buying unless i cleared some stocks from my portfolio to avoid over trade...

HAPPY TRADING....

davidlee --Tq, because of that exercise and my chart can"t adjust accordingly so the chart has turned to very bearish ( from the exercise til now i only have 17 dyas reading which i really cant help), anyone can help out davidlee here? CityTrader or Bro htyeap125?

CityTrader--Whether it will complete the "Inv H&S' we need to observe. Still the breakout point you mentioned is correct. I will go in if that "Doji" is taken out convincingly.
Just to share my reading & study the chart together, if you use the low formed on 25/06 you cant ignore the low formed on 05/08 at $1.15 ( the first retracement after hitting high of $1.32).( If you draw that line let"s call it 'A".
When it hit the high of $1.30 on 15/08 the retracement break below $1.15 to $1.06.( That is the line you draw for the ascending triangle right? let call this line "B")
Latest it hit high of $1.29 on 17/09 & of course we need to ask whether the retracement will break line "B" or not? If it stay above the counter should be moving upward in the area between Line "A" and Line "B".

HAPPY TRADING....

davidlee --Welcome to join our thread. Can you tell me what happen on 28/08 when Instaco gap down from $0.37 to $0.275? Is there any exercise like dividents, Bonus issues or share split?
Due to that gap down the counter is extremely bearish..

HAPPY TRADING...