First TP was hit. AWC hitting the resistance-turned-support zone, i.e. the flip zone. A possible entry to long as circled in blue with annotation "support".

@connie Thanks for raising this question. It is high risk to bet on the earning as a trader. Yes, I do take into consideration. I am betting on improving earning since the chart is showing breaking out of the downtrend.

@abangadik Mix it with some steroid to chiong faster :)

@稻田·* 粒粒芳香 Cheers bro... You help to preserve it lah, haha...

@cephasyu thanks for the good information.

@YiStock Keep up your great posts :) I enjoy reading your analysis :)

@OmManiPadmeHum "close monitoring is required to buy call warrants... sell as soon as the trend change regardless of gain or lose..." Absolutely agree:) Have your stop loss set and manage the risk along the way. Then can sleep well, haha...

@OmManiPadmeHum Each warrant has different matrix. Use https://www.malaysiawarrants.com.my/ as your base to monitor the necessary information like expiry date, IV, EG, sensitivity (under warrant terms).

Also, be alert if you see the underlying goes up while the call warrant does not move by the necessary amount it should (based on the EG and sensitivity) rather the IV is being adjusted.

Don't forget to set your stop loss first before calculating how many lot size you can buy based on your preferred risk (i.e. when the trade goes against you) especially if you are trading call warrant due to its gearing effect.

A gearing of 5 will amplify the win or loss by 5 times. Should SIME up/down by 2%, i.e. around +/- 0.18, the call warrant with an effective gearing of 5 will move up/down by 10%.

For those who like trading call warrants, beware of C7 & C8 because the market maker has already widened the spread to discourage you from trading because C7 is near expiring and C8 is deep in the money.

@稻田·* 粒粒芳香 Too Chim....Can you enlighten a bit via email? My email is at the bottom of the post - http://klse.i3investor.com/blogs/candlestick/113405.jsp 谢谢。

@Chris18 Minor resistance around 0.77 followed by 1.0

The game is on :) Breaking out!

sctan If you are looking for stop loss topic, refer http://klse.i3investor.com/blogs/candlestick/114496.jsp
http://klse.i3investor.com/blogs/candlestick/113605.jsp
http://klse.i3investor.com/blogs/candlestick/113510.jsp

The liquidity of MKH is enough for a retailer like me to trade. Don't really need to post here to attract some volume.

@Beary Is that really obvious? haha. I wish I have the influence power to push up the stocks by simply writing a post here, lol...

@Apollo Ang The upside is there...There are various entries trigger for people to take...A backtest of the neckline is one of them...Else, you can refer back to my previous posts, there are a couple pending breakout.

@cubic7117 The shape looks good to me, haha...Anyway, focus on its bullish intent

The game is on :)

@cephasyu, FFHB is hitting the inflection point now. For a bull case, I would like to see a breakout from those two down trend lines. Refer to this updated chart https://www.facebook.com/BursaSGXcandlestick/posts/303726780025751:0

@cephasyu A good example of a change of momentum is UCHITEC - http://klse.i3investor.com/blogs/candlestick/112903.jsp

@smkts123 Yeah, they are bullish :)

@cephasyu, great question. It implies a change of momentum, i.e. an acceleration of uptrend.

@cephasyu, Yup, a backtest has been done & a handle is forming.

@cephasyu Absolutely! As stated in my last paragraph, "Should it break the neckline, the immediate target price is 0.90". Breakout is definitely a trigger :)

@cephasyu Welcomed :) Let me know your thoughts when you finish.

http://www.thestar.com.my/business/business-news/2017/01/27/cimb-research-retains-add-for-sime-darby-higher-target-price/

KUALA LUMPUR: CIMB Equities Research keeps Sime Darby on its Add list with a higher sum-of-parts target price of RM9.80 due to its plans to unlock value and its better earnings prospects in view of higher crude palm oil (CPO) and coal prices in the future quarters.

Sime Darby plans to spin off its plantations and property businesses in separate listings on Bursa Malaysia, while the trading and logistic businesses will remain under Sime Darby Bhd, which will retain its listed status.

Great call @稻田·* 粒粒芳香 Thanks for the CNY Angpow :) Happy New Year!

@AllWin, trailing stop is a great way to ride the trend :)

lol...Everyone is welcomed here to comment. The door is always opened.

恭喜发财！ @稻田·* 粒粒芳香 Thanks for your friendly note :) 小弟感激。 Did you mean the volume as you mentioned "如您有注意到股价在一月九号过后就一直出现大户转手。这其中最多出现在RM8.50/RM8.45/RM8.59/RM8.54", including today's 8.72?

@稻田·* 粒粒芳香 Thanks for the post. Good information :)

@稻田·* 粒粒芳香 Yes, good breakout today...manage to load up some more C8 :) C7 is expiring soon...cannot touch...

@connie, thanks for sharing :)

@abangadik lol...Laplace formula...I am sure I heard it in my Uni days...

@稻田·* 粒粒芳香 好的。 承你贵言。 让我们拭目以待 :)

@R3D3, yes, people call me MJ too, haha....Easier to remember...Not a pretty cup but definitely a bullish structure...

Hi @connie,

Call me Ming Jong lah...haha...Ming seems like back to Australia where my colleagues/friends called me, lol...

a) I think it is better to trade the breakout from the little triangle that you have drawn.
b) No idea about AO indicator. But a divergence does not mean it will correct down. Losing momentum via consolidation within the triangle can be the objective too. When it breaks up, I am sure it won't be divergence.
c) I won't be too concern on the inner trendline. It is bullish bias at the moment.

For traders, the main concern will be where to place your stop loss, i.e. at what point do we admit our mistake and bail out first. I believe trade management, risk management and exit are far more important than the entry and account a lot more for trading success.

Sometimes, I do like to buy some during the consolidation period because it shows a bullish bias. When it breaks up, I will add more position.

@abangadik, For trading, I only average up instead of down. So no adding for me if dropping.

Hope this is useful :)

@稻田·* 粒粒芳香 呼之欲出?

http://www.thestar.com.my/business/business-news/2017/01/21/wahid-to-unlock-value-in-sime-darby-and-umw/

Some Highlights:
"Secondly, and more importantly for institutional holders such as PNB, shedding off unprofitable businesses and raising funds from spinoffs will improve the groups’ dividend payout capabilities."

"In addition, the newly spun off or consolidated businesses would emerge as leaner entities with strong cash flow generation, which could see higher cumulative dividends from the segments"

"The recent strong recovery in crude palm oil (CPO) prices presents a window of opportunity for a major corporate exercise involving Sime Darby Plantations (SDP), which contributes about a third of Sime’s total revenue and net profit during its 2016 financial year."

This is the first step to suspect an accumulation but needs to confirm by looking at the structure and pattern. Sometimes, without looking at other hints, it could be another escape wave for big boys to unload.

@moneykj there is strong support at 0.53, followed by 0.5.

Upbar & downbar do not represent anything as they can be hidden buying or selling. Distribution usually happens at the top and accumulation at the bottom. Other hints to look for are patterns and structure.

Hey guys, my TA views on Sendai - http://klse.i3investor.com/blogs/candlestick/113916.jsp Let me know what you think :)

Welcomed @VenFx :) Its ROIC = 29% & ROE = 18% Good stock, downside is cash yield not good < 3%

Yup @VenFx . It is a fundamentally strong stock. Net cash, with 0.18 net cash/share, EV/EBIT < 9.

@稻田·* 粒粒芳香 you are welcomed :) I like UCHITEC too :) Good fundamental, great dividend and nice chart!

Those who are keen to follow up on news/catalyst check out post by @@稻田·* 粒粒芳香 http://klse.i3investor.com/blogs/2017chinesenewyear/113041.jsp

@稻田·* 粒粒芳香 catalyst :) http://www.sinchew.com.my/node/1604019/%E4%BC%A0%E6%94%BF%E5%BA%9C%E5%8F%91%E5%B1%95%E5%8A%A0%E5%8E%98%E5%B2%9B%EF%BC%8E%E6%A3%AE%E9%82%A3%E7%BE%8E%E6%96%99%E5%8F%AF%E9%87%8A%E6%94%BE%E8%B5%84%E4%BA%A7%E4%BB%B7%E5%80%BC

@稻田·* 粒粒芳香 Thank's for sharing. Let's see how SIME will play out :)

@稻田·* 粒粒芳香 you have a plan already, just be patient loh :) Since 粒粒芳香, go to have lunch first, lol :)

@稻田·* 粒粒芳香 I like C7 as I prefer Macquarie as the issuer although their Implied Volatility is high :) C7 also offers the highest effective gearing.