Chart updated at http://klse.i3investor.com/blogs/nomanland/64704.jsp

Chart updated at http://klse.i3investor.com/blogs/nomanland/65231.jsp

Energy shares lead Wall Street higher; telecoms slip

http://www.reuters.com/article/2014/12/03/us-markets-stocks-idUSKCN0JG14T20141203

As crude tumbles, oil drillers seek to temporarily idle more rigs

http://www.reuters.com/article/2014/12/01/oil-rigs-idUSL3N0TI2Q520141201

Orionpacific, 13/21/34/55 are the Fibonacci number. Why? I can't get an appropriate period of each FVE when I was testing/finding. Instead of damaging my brain cell, I just use the Fibonacci number. By the way, Red=13=fast which use for daily. BUT, the other colors are as important to the divergence = " / " and " \ "

Always look for this type of wave, /\/\/\/, when is the next accumulation or distribution.

Again remember this, I am not saying it is UP or DOWN or BUY or SELL.

I am neutral.

Cheers and always expect the worst.

Orionpacific, just updated an enlarged chart with some marking and highlight for you to grow some white hairs.

http://klse.i3investor.com/blogs/nomanland/65231.jsp

25/11/14, ZERO to -43 on 27/11/14, "your super fall"

11/11/14 to 18/11/14(as confirm down) distribution where all 4 on downward \. This also confirm by stochastic oscillator.

Friday, 28/11/14, I was having lots of question ????? on Red. When I looked at the Brown, it look likes accumulation!!!!

Monday 1/12/14, price dropped, the Brown and Green 's slope did not drop much. Base on these two color, my guts feeling and suspect that on 2/12/14 is going up. And yes, the price when up.

For this coming 3/12/14, the Red and Blue, I have to put some doubt because previous months, May, August, and September had the "W" formation at the bottom. The angle of "W" formed on those months, were more accumulation.

For the rest, I think you can figure it out.

Cheers,
Good night or morning

Orionpacific, don't be too optimistic about any upward direction. pessimistic might safe you lower hole.
Good night all.

Orionpacific, I was on "cycle". After reading Markos Katsanos’ Finite Volume Element and few others books. Most emphasized on volumes and price. Bingo, Markos Katsanos hits on it. I am using the FVE method on others counters...well in and out, so far so good, can pay my car installment. Still hunting for other counters where accumulation is on going activity before any divergence.... ;)

ozzie75, the current all 4 FVE " / " = still not yet confirm. Look at the previous months or days ago and you will see it. The only interesting part is the Brown color, long term, accumulation.
Just be careful, bro. Cheers.

share2014, If I say buy, you buy and it goes down, how? If I say sell, you sell and it goes up, how? Can't decide, don't buy or sell. Decide later. Ah! later on ...... whoa factor comes in, drop like hell and got stuck, how!!!!!! Sorry, I can advice or recommend any. You have to decide what is good for yourself. Cheers.

Orionpacific. the Red FVE is still below ZERO, -30.5026% (bearish section) and on the way / to 0. You need to watch and observe the color sequence.
Example:
from bottom up, Red/Blue/Green/Brown ... curve up, on the way up and accumulating.
from top down, Brown/Green/Blue/Red ... curve down, on the way down and distribution.
When /\/\/\ you need to look for flag, graph patterns such as triangle, flag, wedge, M, W and so for ... to find the FVE direction... the direction " / " = accumulation and " \ " = distribution.

It takes awhile to figure it out. Using Linear Regression Slope is another to know the degree of up or down. Presently, I use it on candlestick or price graph. The chart I didn't post it is using LRS on FVE.

While observing the FVEs against the price graph, look at the middle 3 small framed chart. Compare it vertically against FVE and price. You will notice "interesting" signal.

Remember this. I am always wrong all the time and never ever been right. ;)

Ah! don't forget fundamental analysis to support any technical analysis or charts.
Cheers

Orionpacific,
read up the introduction...maybe it might give some understanding.
The FVE based on volume and price changes.... you might want to google on Finite Volume Element. The FVE does ... so of ... some early warning in a way.....
> 0 = bull
<0 = bear
at the FVE, draw some trendlines, you will be able to see whether "coming soon" where the volume and price is going.... look for divergences.

The color I placed, different color for different period.
The current all 4 colors turning "/", look like accumulation time.

Look at the Brown=55 period, was on accumulation. where other were dropping like ....

Cheers.

ozzie75, observe the color....

updated chart http://klse.i3investor.com/blogs/nomanland/65231.jsp

chart updated http://klse.i3investor.com/blogs/nomanland/64704.jsp

ozzie75, that Caspian sea really, damn really... no words to add :( :( :( :(

Technical Analysis or chart = probability. Still require fundamental for investment or trade.

helang008, IF I KNOW, I am will be damned rich and arrogant. ;)
I only look at FVE(vol+price) and "V + /\" for buy and sell signal.
I can be wrong and never be right all the time. So, please decide it yourself.

ozzie75, will let you know if there is something going on the chart.

Medium/Long term = Fundamental, short-term/day-trader/T1/2/3/4 = Technical Analysis/Chart.
No one is right or wrong. All have their ways of investment. NEVER PANIC SELL or BUY. Use your brain.

Best is to assist and hope others don't get stuck. Life is already complicated.

Simon84, 2-3 times is good enough warning. I will buy when my chart tell me.

Ozzie75, you are most welcome. Hope you saw it on the first time i posted it.

I posted it for my friend to see so that they will not to have another suma again. As simple as it. I had that stupid mistake for not had it earlier.

Either accumulate or distribute. Now you figure it out.

My chart deal with volume and price movement.

http://www.betawired.com/kuwait-urges-non-opec-members-to-cooperate-and-stabilize-oil-market/1418988/

JkJohn11, "Look like game over?" my point of view, I am keeping my 0.54 priced lots and will deep freeze for xxx days/months ... who know when?

enjoy your reading... ;)

http://www.businessinsider.my/shale-basin-breakeven-prices-2014-10/

http://www.bloomberg.com/news/2014-11-07/rigs-seeking-oil-in-u-s-drop-to-11-week-low.html

http://oilprice.com/Energy/Crude-Oil/The-US-Shale-Breakeven-Price-Debate.html

http://ktwop.com/2014/11/28/break-even-price-for-shale-oil-could-be-as-low-as-40-per-barrel/

http://www.outsiderclub.com/report/the-coming-bust-of-the-us-shale-oil-gas-ponzi/1041

http://www.vox.com/2014/11/28/7302827/oil-prices-opec

http://www.forbes.com/sites/christopherhelman/2014/11/05/as-oil-plunges-further-why-it-might-be-game-over-for-the-fracking-boom/

http://www.foxnews.com/world/2014/11/29/opec-keeps-oil-output-steady-despite-falling-prices/

http://www.businessinsider.my/citi-breakeven-oil-production-prices-2014-11/

http://www.businessinsider.my/how-low-oil-prices-could-crush-the-economy-2014-11/

keng88, are you sure?

Updated http://klse.i3investor.com/blogs/nomanland/64704.jsp

Latest update at http://klse.i3investor.com/blogs/nomanland/65231.jsp

Question: How many barrels they produced this 3rd qtr.?

Looiks, our brain is dead. Care to just give USD??? per barrel. This does make our whole life easier.

Profit Margin = Net Income / Net Sales(Revenue) = 14505/24819 = 58.44%

If not mistaken... (none accountant)

Pretax Profit Margin = Pretax Profit / Net Sales(Revenue) = 18400/24819 = 74.14%
Profit Margin = Net Profit / Net Sales(Revenue) = 14505/24819 = 58.44%

The only thing I know is 2+2=5.

Opec won't cut, good and also not good for US shale oil. I think the oil price will stabilize soon.
As for IFCAMSC, I sold all already and I will collect when I see accumulation. when? no ideas.

Just a simple humble opinion.

ifca, sell software, not oil.

OPEC 166th Meeting concludes
http://www.opec.org/opec_web/en/press_room/2938.htm

bb55, refer to the chart at my blog.