2nd Sept.

1) E&O— Uptrend is still intact because the ascending line is still holding. Do cut all your losses if this line is violated because it is most likely to head all the way down to the $1.74 level. (Double Tops formation).
Expected trading range of $1.90 (S) to $2.00( R).
E&O needs to stay above $2.00 to reaffirm its earlier broke out of Symmetrical Triangle.
2) LBS—Try to close the gap resistance of $1.72- $1.74 today. A break above this level convincingly will take LBS back to the earlier high.
Immediate support is adjusted to $1.63 with strong support at $1.56.
Will cuts my losses if the uptrend line is compromise at $1.43 level.
3) OLdTown—Couldn’t break above $2.60 today. Tested its immediate support of $2.53 and holds.
(Note: may clear if it can’t break $2.60 or stay above $2.53)

I m monitoring these few counters for possible short term trades:
a) Alam—Consolidated as expected, monitor the gap support of $1.35 to $1.33.
b) Puncak—A symmetrical Triangle with uptrend bias is forming. May collect some for future trade when near immediate support of $2.58.
c) Supermx—May collect if consolidate further down to it supports of $2.25 levels.
d) Bahvest—If break $1.38 may re-test previous high of $1.48/$1.52.

Happy Trading....

My Trading Stocks for September 2013.

Market is very volatile now (May turn to Bear market if recent Index low is broken) so would advise to trade with caution and please set your own exit plan if you are trading about the same stock as me. The stocks that were carried forward from last month are as follow:
1)E&O— Uptrend is still intact as long as the ascending line is holding. Expected trading range of $1.90 (S) to $2.03( R). More consolidation is expected unless it can break and stay above $2.10 with volumes.
2)LBS—May had found the new bottom at $1.43.
It is expected to close the gap resistance at $1.74 in short term. A break above this level convincingly will take LBS back to the earlier high.
Immediate support is adjusted to $1.63 with strong support at $1.56.
Will cuts my losses if the uptrend line is compromise at $1.43 level.
3)OLdTown—Couldn’t break above $2.60 for the” Spinning Top” form on 28/8 to becomes the “Morning Star” for trend reversal. Still more rebound could be expected if $2.60 is broken in near term for next resistant of $2.67 with very strong resistant at $2.74.
Immediate support is adjusted to $2.53/$2.48 level.
(Note: may clear if can’t break $2.60)

I m monitoring these few counters for possible short term trades:
a) Alam—May re-enter during the consolidation period.
b) Puncak—A symmetrical Triangle with uptrend bias is forming.
c) Supermx—May scale new high.

Happy Trading....

Bro htyeap125,
There are certain signs that you can observe for a stock to do a technical rebounds…
1) The chart pattern, when a counter was beaten down and on that day it form a “Doji”, “Inverted Hammer”, “Spinning Top” and the next day candle will tell us whether it is a rebound.
2) When stochastic Oscillator %K crossed over %D and climbing out above 20 levels.
3) The 10 days EMA crossed the 30 day EMA.
4) The volumes after tapering off during the sell off suddenly increase to take the price higher.

Hope this helps…

Bro tonylim, When market turned against us some are bound to be caught due to indecision to unload. It happened to me before too.
I bought some during the rebound last 2 days and hopefully it is not "Dead Cat bound" like you said. Anyway with a propel Exit plan the pain might be minimal if turned out to be a "Dead Cat bound".

Bro Hafiz Millip, thanks for inviting and i wish you all the success on the stocks you pick.

Happy Trading !!

Bro Tonylim and htyeap125,
Thanks for sharing your views..
I think we need to trade cautiously during this difficult period.
Most of the counters are doing technical rebounds and most of them not out of wood yet..

Happy Trading...

Bro Tonylim , interesting question but really can”t comment as I am not an “investor” even though traders or investor seek profits through market participation. .
For me , i would like to think myself as “Swing” trader , i.e to enter and exit positions over a shorter timeframe, taking smaller, more frequent profits. My time frames can go from days to weeks depend on the stock I picked.
Bro htyeap125, pirate99 Thanks for sharing.

Happy Trading….

Bro htyeap125,
From the way you off load all those stocks on that Wed shows that you are a good trader yourself.
This is my strategy for trading,
1) The Trend, never fight against the Trend. I think near future is difficult period for us trader as Trend is going down.
2) When pick a stock of course we think it is moving up, but many times due to timing, wrong info etc we actually made mistake to enter that stock. So put your ego backstage and take the losses and move on.
3) Always using stop losses to control our risks. When picking a winner always put a tail stop to protect your profits. Try to ride on your winner as long as you can. Every stock that move up need to consolidate to move further. Average up when pick a winner and never average down after picking a loser.
4) Do not rationalize—That was my past biggest mistakes. I was a trader when I was right, then I becomes ‘investor” when I was wrong. Holding on those stocks that I should had sold at small losses. Then the losses grew so big I did not know what to do with them anymore.
5) Chart—I use the chart for entering and exit positions, also to find the support and resistance levels. But many times also been caught by “Bull Trap” or “Bear Trap”.
6) Work out the possible downside before thinking the profits you may make.Risk management is the key to success.Market is never wrong but our opinions are,the market can and will break you if you ignore the Risk.
Hopefully we can share our experiences and make some money in future .

Bro pirate99,I used a few technical chart books for references. There are many good technical books in bookstore. Mine is quite old by Alistair Blair,Jack Schwager & Fred Tham & others. I find each has their own pro and con.
Charting alone can not guarantee success.
A plan before you buy a stock and discipline to follow that plan is the most important factor to profit from the market.
Our goal is avoiding large losses and winning big..
I made many mistakes before and stopped trading because i am losing more than winning.
Now i am doing much better after all those earlier mistakes...
Happy Trading...

Dear lwalk , U r so right that there are many things that we can learn from the mistakes we made this month !!
The biggest mistake that i made in August was keeping 40% of Huayang when it broke below $3.00.
I thought i am discipline enough but was so idiotic that i kept 40% of Huayang to go through the exercise for div and Bonus..
When i realize it was a mistake it costs me few more K to cleared that 40%...
Even though I manage to protected most of my capital it was still a painful experiences to cut those losses...
Now i learn that when we cut losses we means 100%...
Happy Trading !!

August is not a happy month for my trading account, I closed more losing positions than winning positions.

Today sold ALAM when it hit $1.40 to protect my profits. Will buys again when opportunity arises.

Today I bought in OldTown & LBS for trading purposes.
These few stocks E&O, OldTown & LBS will be carry forward to my September trading.

Happy Holiday…

Sis Metta,
The stocks that we are talking now are all doing technical rebounds due to oversold positions. Normally it will invite lots of trapped sellers to sell.
That is why I suggest Short Term trade now, also put a tail stop if you on a winner.
I bought in OldTown and LBS today for short term trading.
Happy Holiday

Tq lwalk, Hafiz Millip, Metta, & JTFX for all your constructive comments.

1)ALAM—-Confirm its reversal pattern after forming the Hammer yesterday. I added another 40% of Alam when it broke $1.35 buying at average of $1.36. Now my average price for Alam is $1.31 (From previous $1.28).
Alam performs better than expected by breaking resistances of $1.40/$1.45.
It should find very strong resistances at $1.50/$1.52 levels (anticipate some retreats from this level). But if it can break this level will try $1.57.
I am putting my tail stop at $1.40 to protect my profits.

2) E&O— Formed a” Doji “ today may rebound further to $2.00 $2.03.
Expect trading ranges of $1.90 to $2.00.
Will cut losses if break below $1.90.

As a chartist and trader I am very excited about the chart pattern of Oldtown( 5201).
It formed a Spinning Top pattern on 27/08 by Gaps down below a Big Black candle. I think this counter may have found the new bottom at $2.28.
If it can close above $2.60 signal BUY (The spinning Top becomes morning Star) it has reversed its down trend and moving up again.
Immediate resistant is at $2.53 and immediate support is at $2.38.
May do some short term trade on this counter tomorrow.

Happy Trading....

1) E&O—Re-tested support of $1.90 and holds.
Expect trading ranges of $1.90 to $2.00.
Will cut losses if break below $1.90.

2) ALAM---Today I re-enter ALAM after $1.26 was tested twice and holds. I bought ALAM at an average price of $1.28 for “short term” trading purposes. ( Short term means I will lock in profits whenever opportunities arises)
The candle formed a “Hammer” with improve volumes which has a strong reversal implication.
ALAM may has found its new bottom at $1.20 with immediate support at $1.26
Immediate resistance at $1.35 if cleared will try $1.40/$1.45 levels.
Will limit my losses if break below $1.20.
NOTE: This counter is still bearish further advance may invites sellers that bought around $1.45/$1.50 levels to off load.

I am watching PRESBHD (5204) and LBS(5789) for some trading opportunities.

Bro pirate99 & lwalk, i think the trend is against us trader at the moment.Be careful if you are topping up and i strongly advise against average down.
I am looking at these stocks and may trade if their support levels stay for some short term gains of technical rebounds.

1) GOB--if $0.76 stay may trade again.
2) Dayangif $4.38 stay.
3) AlAM--If re-test $1.26 and stay.

Still, be cautious and try to protect your capitals for future trades.

Good Lucks!!

Today I cleared all my stocks except E&O.
Most of the stocks are bearish now. Any technical rebound due to oversold positions will invite more sellers to clear their positions.
1) ALAM---Cleared my ALAM when it broke $1.44 at a loss.
It went all the way down and closed at $1.30, it is expected to re-test previous support of $1.26. Any technical rebound may find resistant at $1.35.
2) Dayang—Sold Dayang at a profits.
It may re-test support level of $4.38.
3) E&O---Managed to stay above immediate support of $1.97, any rebound may find resistant at $2.00/$2.05.
Will cut losses if break below $1.90
4) Kimlun—Sold Kimlun when broke below $1.90 at a loss.
Any rebound will find resistances at $1.90/$2.00.
5) Puncak— Sold Puncak when broke below $2.65, about break even.
6) Muhibbah—Sold Muhibbah when broke below $2.10 at a loss.
It may re-test previous support of $1.90.
As a trader I will stay sideline until the trend is clearer. August is definitely not a good month for my trades. I close more losing positions than winning.

Sir pathew (keke)..Doing homeworks and i scan through those Mid cap stocks and look for:
1) An uptrend stocks, trend is the most important and do not go against Trend.
2) Stocks that make new height with volumes lately will most likely to scale higher after consolidation (volumes should reduce during consolidation with stock forming higher low). If there is a big spike with volumes normally it means some institutions or big player are buying.
3) Scan those stocks that are on top gainers to identify possible trading opportunities.
4) Chart patterns like double bottoms, cup & handle, Ascending Triangle etc are good stocks to trade.
5) When you choose a winner try to ride on the profits but protect your profits when it is coming back down. (I used to sell winners too soon and holding losers too long.)
Say you bought E&O at $2.00 and all the experts are saying it will go to $3.00 by their calculation for next year based on expected earning etc etc. So you are looking $1.00 profits maybe holding for 1 year if it comes through.
But for E&O to go from $2.00 to $3.00 it will have many up and down and if you know how to trade you may be able to lock in $1.00 faster & I am sure by the time it gets to $3.00 next year you would had took in more than that $1.00 profits. (my opinion as I am not an investor for any stock).
6) When stocks are trading in the ranges try to buy near support and sell near top of the ranges. That say Dayang was trading at $4.70-$5.03 for awhile, if you buy near $4.70 and when it move to $5.03 level wait to see whether it Breakout from $5.03 or not, if not Sell. If break out add some more after $5.03. Vice versa if come down near $4.70. Limit your losses if $4.70 is broken.
By calculation $4.70 to $5.03=$0.33 so if break below $4.70 it should go down to ($4.70-$0.33=$4.37).2 days ago Dayang went down to $4.38 after breaking $4.70.
7) Lastly making wrong choices and mistakes is not a problem. The problem is most of us is unwilling to accept that mistake. Ego or trying to prove market is wrong because of our mistake is going to cost us. It happened to me before.

Happy Trading

All Bro and sis, are you all investor or traders like me? I would like to share some of my earlier mistakes and experiences with you all. Hope I wont bore you all.
I think it is important to trade with a plan, especially an exit plan.
No one knows when a stock going to hit top or bottom, your guess is as good as mine. I used to think this is a blue chip it should be ok to hold and guess what? It keep dropping til i also do not know what to do with it.
I used to look at low PE too, now I understand low PE actually means company earning is not doing well, most of the best growth stocks seldom trade at low PE ratio.
After all those mistakes now I am convinced Risk management is the key to success.
Bro and sis, let me quote E&O for an example:
I had been in/out of E&O since June this years, buying in and selling started from B$1.85--S$2.00, B$1.90 --S$2.08, B$2.04-- S$2.23, now bought back $2.00 again. Making total of 52 cents from the past 3 trades say at an average of buying price of $1.93 is about 26% in 2 months. If you can sell at $2.23 and buy back at $2.00 why don’t you want to do it?
Of course like everyone else I also make mistakes buying wrong stocks but I always limit my losses to protect my capitals.
If you are on a winning stock you must have a Profit Protection mode, exit with a profits and don’t worry if it still moving up after you sold it. There are many other stocks to trade.
Bro lwalk -- For Dayang I took some losses when It broke below $4.70 and buy back at $4.39 and now I am sitting on profits. From today volumes I think it may have problem to break the next Resistant of $4.82 (30 Days SMA) so I will sell to lock in profits and buy back again later.
Sis Metta, GOB definitely not doing well when it broke below $0.835 support, more consolidation is expected and I wont be surprise if it try next support of $0.785.
Now back to my stocks:
1) ALAM---Still closing below the 30 SMA, formed a Gravestone Doji today.Hopefully a trend reversal. Will limit losses if break below $1.44.
2) E&O---If can stay above $2.10 it is expected to rebound further to $2.18/$2.20 levels, support is adjusted to $2.05. Will limit my losses if $1.90 is broken.
3) Kimlun—Re-tested support of $1.90 and holds. Will limit my losses if $1.90 is broken.
4) Puncak— It is expected to re-test IR at $2.80. Support is adjusted to $2.65.
5) Muhibbah—Today I bought in Muhibbah for short term trade, expected to rebound to $2.34. Unless it can close above $2.34 this counter is expected to trade in the ranges of $2.10 to $2.34.
Will limit losses if break below $2.10.
I am also monitoring GBG and Sendai for some trading opportunities.
Good Lucks..

Haha Sis Metta..U r right. Sea of Red when i came back..
GOB is still very bullish but it is now under consolidation after hitting high of $0.94...
But you know for GOB to confirm the Cup and saucer pattern it must close above $0.89.
If that happen it is most likely to breach previous high of $0.94 & this stock is expected to scale much higher.
Be worry if break below $0.80..
I presume you cleared all your E&O ?
Good Lucks...

1) GOB--Cleared my GOB with some profits. Will definately re-enter when consolidation is over.

2)ALAM--Closed below 30SMA for the past 2 days which is an worrying sign. Formed an inverted hammer on Friday. A reversal?? Need confirmation that it needs to close above $1.54 if not may head further southward.
Will take losses if break below $1.44.

3)HUAYANG--Cleared 60% of my holding at losses. May keep the 40% for the Bonus exercise.(From trader to "Involuntary Investor.." :-( :-()

4)E&O--Expect trading ranges of $2.00 to $2.10.
After breaking out of the sysmetrical triangle on 12/8 this stock is expected to scale much higher.
Will limit my losses if break below $1.97.

The other 3 stocks that i bought on 22/8 namely Dayang ($4.39),Puncak($2.60) & Kimlun($1.90) so far are holding well.

Good lucks everyone for next week trades...

JTFX,lwalk ...Doesnt matter what you use for your trading methods as long as u know what you are doing.
Now i use chart to predict the trends and trade and must say i make more profits then losses now.
I think knowing when to SELL is more important than when to BUY...
Hope both of you do well too..
Do share if you think you find a winner..

Hey lwalk , I came back yesterday thought there are many bargins and started to buy in some stocks i like..Wow..Yesterday those stocks i bought at their support levels today turned up to be their immediate Resistant level..

1) GOB--Uptrend is very much intact.The closing is still above the $0.865 level i mentioned.Any weakness maybe good times to accumulate for future play.

2)ALAM--Today it closed below the 30 SMA of $1.50 is an worrying sigh. Technically it is most likely to re-test the previous support level of $1.35 unless it could rebound back and stay above $1.50 level.

3)Huayang---This counter may cause some losses to me because it close below $3.00 today.
Unless it is a Bear trap may need to take some losses.
It needs to rebound back and stay above $3.00 if not it is most likely to head down to 2.67/2.65 levels.

4)E&O--Collected more today at $2.00/$2.01 levels.As mentioned earlier if can close above $2.10 expect more upwards movement from E&O.

5) Today also an buying day for me, i bought in Dayang at $4.39 ( expecting it to rebound to $4.70 and strong resistant at $4.80), Kimlun at $1.90(expecting it to rebound to $2.00 and strong resistant at $2.10) and Puncak at $2.60(expecting it to rebound to $2.71 and strong resistant at $2.87 .

Happy Trading...

JTFX, happy to hear you made few rounds from GOB & ALAM..
Do you trade by technical analysis like me as well?
Regards

The stocks that i mentioned are only my own opinions. please do not take them as buying opportunities. Like evryone else i made lots of mistakes too..

1) GOB--Completed the cup and saucer pattern. More upward is espected from this stock. Immediate Reisstant at $0.945, strong resiatnt at $1.00 with possible target price of $1.08.
Supports are adjusted to $0.89 and stronger resistant @$0.865.
My profit protection is at $0.865.

2) ALAM--It is in FLAG consodilation for the past 23 sessions,it may break out from the Flag very soon.The first signal is when it break above $1.55 and confirmation if can break and stay above $1.62 with volumes.
Support is adjusted to $1.47.

3)Huayang--Have been inside of Trading ranges of $3.05-$3.22 for the past 24 sessions.A break above the trading range of $3.22 will take it to the next resistants @ $3.34 with possible target of $3.40.
Will limit my losses if break below $3.00.

4) E&O--Broke out from the sysmetrical triangle on 12/8 and hit the high of $2.27 on 16/8. It is back to consolidation and may offer some buying opportunities.I am buying back after dispose mine average $2.24 earlier.
Supports are at $2.04/$2.00
If can stay above $2.10 it may re-try its previous high of $2.27.
Will limit my losses if break below $1.97.

Happy Trading....

Dear Pathew, do llok at the 2 signals i mentioned yesterday...
"The first sign of break out is surge of volumes and pass above $2.07. Confirm breakout if break above $2.10. "...
Selamat Hari Raya...
Oh ya..If it did breakout when i am away please monitor these levels:
Immediate Resistants at $2.23, next resistant @ $2.30 and the Target price @ $2.46 based on my calculation...
Happy Trading...

Unless GOB can break above $0.89 to complete the Cup and handle pattern it has not given signal to trade yet...

Unless it can break above $0.87 this stock has broken its uptrend line on 31/7/2013...
I am selling mine on its technical rebounds..
It is expecting more rebound in near term...
Chartwise it is very bullish if can break $0.89...

pathew...Tq Tq...
I collected some today at $2.02..
I do not have the times to wait for the breakout so buy some first lah...

Kimlun is tarding between $2.00 to $2.08.
It needs to close above $2.12 (above 30 days MA) to stand any chance of further advancement.
I will cut losses if break below the support of $1.90.

Pathew, enjoy your Raya holiday..
I will be away for 2 weeks too..

sstan11, Dayang has been trading in the range of $4.70 to $5.03 since 27th June.
It will normally rebound when hit $4.70 and moving way back to $5.03.
If it can cross $5.03 with volumes dayang should Rally again.
For the time beings it is trap inside the trading ranges of $4.70 to $5.03.

As suggested Puncak rebounded further to its immediate resistant of $2.62 but failed to clear it.
If can break $2.62 it is expected to try the Gap resistant of $2.67/$2.73.
Immediate support is adjusted to $2.54.

Iwalk, thank for the information..That means tomorrow no afternoon session...

Pathew, If E&O can break above its pivot point of $2.10..I am confident it can really Rally..

HuaYang is inside trading range of $3.00 to $3.15.
More rebound can be expected to re-try the $3.15 level. If break may try the strong resisatnt at $3.22.

Thanks Sis Metta, i only leave on 8th Evening.
For E&O volumes contracted further today.
Is it readied to break out from its symetrical triangle soon?
The first sign of break out is surge of volumes and pass above $2.07. Confirm breakout if break above $2.10.

GOB if break $0.83 may find very strong resistant at $0.85.
Support is adjusted to $0.785.

Bought into Puncak today when it broke $2.52 signal Technical rebounds and provides for trading purpose.
If can break $2.62 it is expected to try the Gap resistant of $2.67/$2.73.
Immediate support is at $2.47 and strong support at $2.40.

Sis Metta & pathew ,
I am not a sifu...
This is an Open Forum & I think those that share their knowledges actaully meant good.
Do your own reserach and stay with your own plan.
For E&O i like this counter as i had locked in lot of profits from it...
I wish it will break from the Triangle soon so that i can ride on it again...
Sadly i am going away on 8th August for my long holiday..
Have a nice weekend...

pathew , still clearing when it rebound back towards the previous uptrend line (Now turn resistant and it will get harder to cross back each day as new resistant become higher)...
long term still on as long as $0.695 not violated.
I will look at it again if can break above $0.89.
Good Lucks.

Sis Metta, Trend and volumes to me are the 2 most important catalyst that drive a stock.
let"s look at E&O,today the volume contracted even more which to lots of traders are worrying, for me during consolidation it is good sign when it contract significantly.In facts if next 2 days volume contract more maybe it will move soon. (My analysis maybe differ to lots of traders there but i am only giving my opinion and like evryone else i do make mistakes too).
The avearge volumes for E&O is about 3 million and you would need minimun double or triple to confirm the breakout above $2.10. I will normally add more when it does that.
Still dont takes this as a buying advice because you need to do your analysis and in stcok i do not believe that you can always buy low and sell high...
Buying is easy BUT selling to lots of traders are hard because of greeds.
Also if you had made a mistake admit it and cut losses to protect your capitals and move on, ego is our worst enemy.
Do not live in HOPE in trading.
Hope this help you for your future trading.

Sis Metta,Costal hard to trade.. the stocks i am in are : Gtronic( Today break new high), Huayang, Dayang( In dangerous position), GOB (Break down from uptrend yesterday due to bad market sentiment),LonBisc, E&O...Today i bought in KimLun..
I am waiting to re-enter Alam.

Here let"s discuss E&O..
E&O--Trading on the upper end of Sysmetrical Triangle which is good sign. If E&O can break above $2.10 with VOLUMES it will ROAR..
As suggested it is consolidated between $1.96 to $2.06 range.

lwalk, It is still under consolidation.
Expected trading range of $0.705 to $0.735.
If close above $0.735 signal to advance further...
The spike up in price with volumes on 23/7 indicates more upsides when consolidation is over.

GOB tried to push up back above $0.82 but met with strong resistant today. As mentioned due to Bad market sentiment yesterday it violated the Uptrend line.
Tomorrow it is expected to re-try $0.82 level and it needs to close above $0.83 to re-challenge those previous high.
Immediate support is adjusted to $0.785.

Dayang closed at $4.70 today which is the lower trading range of $4.70-$5.03.
A break below $4.70 may takes it down towards $4.46/$4.38 levels.
Personally i think $4.70 should hold tomorrow and Dayang is expected to rebound back to its $5.03 level.
I will cut my losses if $4.70 could not hold.

As suggested KimLun rebounded to $2.08 before closing at $2.05. It did not open up with a "Gap" as suggested but today close is a good sign for further upward movement.
A close above immediate resistant of $2.12 tomorrow suggests Trend reversal to scale next resistances of $2.20/$2.22.
Immediate support is adjusted to $2.00.
(I bought in KimLun today at $2.02/$2.03).

Sis Metta, i have a quick look for your Tropicana.
Here is the analysis:
Trop broke down from its trading range of 1.81 to $1.94 yesterday. Today the broke down was confirm and by calculation it should go all the way down to $1.68 which it did. It touched $1.69 before rebound and close at $1.77.
Chartwise it is most likely to trade from $1.68 to $1.81 for the time being.
Hope you have sold when it broke $1.81.

Note: E&O has formed a Sysmetrical Triangle, now it is still under consolidation.

Good Night.

Sis Metta, Tropicana not in my radar yet.
My Maybank share live feeds is down at the moment, so cant help maybe tomorrow K?
E&O is still inside range of $1.96/$2.06.
Yap..we need to keep smiling even market is down.
Follow the trend... this is not the first time market is down more than 20 points.
I cut losses on some of my counters today to protect my capital.

Kimlun may form "An Abaondon baby Bottom" which if confirmed is normally a trend reversal.
Do observe the next few days movement, if tomorrow rebound with a white candle and next 2 days can move above $2.12 it signals BUY.
If not may drop further to next support at $1.96 and strong support at $1.90.

Violated the uptrend line, expect more consolidation towards next support at $0.76.
Any rebound may find immediate resistant at $0.83.
GOB may trade between $0.76-$0.83.

Thanks sasopi87 for your comment.
Alam may consolidate to next support of $1.45, if this level is not violated i think uptrend is very much intact.
(I will buy in if $1.45 is intact)