@noman..............have a look at MEGB....this one by the "slippy eel".... I am expecting 2 possible run-ups:
1, a quick T+3 push from 0.64 to 0.94 OR
2. moderate and gentler longer 3 phases push from 0.64 to 1.04
If it's the former, take a gamble lah!!
If it's neither, we go back to relaxing and idling like all old cocks do when they r 60-70... 20/04/2015 13:15
This one i've resorted to copycat tape-reading Jesse Livermore style....haha...so far its has been good........check your tracker-----today they persistently whacking sellers 1000 and 2000 lots alternately all morning....09:37:11 onwards
Bilis Bilis @noman..............have a look at MEGB....this one by the "slippy eel".... I am expecting 2 possible run-ups:
1, a quick T+3 push from 0.64 to 0.94 OR
2. moderate and gentler longer 3 phases push from 0.64 to 1.04
If it's the former, take a gamble lah!!
If it's neither, we go back to relaxing and idling like all old cocks do when they r 60-70... 20/04/2015 13:15
This one i've resorted to copycat tape-reading Jesse Livermore style....haha...so far its has been good........check your tracker-----today they persistently whacking sellers 1000 and 2000 lots alternately all morning....09:37:11 onwards 20/04/2015 13:31
Chart do not have to be so complicated until it blinds you out rather than decipher it. Keep chart as simple as possible and one will see a clearer picture when one mind is clearer.
True, true, keep chart simple. You need only 3 indicators to tell trend, short term candlestick & longterm MACD, RSI for overbought/oversold. Candlestick for entry/exit, MACD to know where you are, in short, your road map!
Chart do not have to be so complicated until it blinds you out rather than decipher it. Keep chart as simple as possible and one will see a clearer picture when one mind is clearer.
True, true, keep chart simple. You need only 3 indicators to tell trend, short term candlestick & longterm MACD, RSI for overbought/oversold. Candlestick for entry/exit, MACD to know where you are, in short, your road map!
@28bilis: Sorry folks, being away for weeks now for some "social" assignment(may have to do it again mid-next month),was a bit disorganised since home... Hope to catch up on mails/posts reading...........
Market/KLCI :KLCi will be capped in the immediate term by the overhead resistance line at 1869 for the coming two weeks with higher-bottoms around 1852 and then 1853,thus forming an ascending (uptrend price) channel,with a breakout of 1869 on the 3rd week to hit its immediate objective (i.e. peak) of near 1889,around May15 & May18. To put it simply,there will be 2 T+4s(on the KLCI) before a break out into the new high. (KLCI has just closed its lower price gap at 1848.5 by a 1847.5 opening , a quick n precise incision/surgery....) If this closing-gap is an early sign of next wave up,then index can start from bottom as early as next 2 days....
IFCAM : has just done its T+3 pullback of 0.16 from 1.71 to 1.55. Bilis who intend on contra should watch/beware on trading volume; if there is first hour push/jump/rebound of 0.07 , 1.55 to 1.62 with anemic and n0 follow-up volume,it maybe another T+4 trap awaiting ahead.Expect a lower bottom than 1,55 before a meaningful reversal can be in place toward month's end.
KNM : one to watch for breakout. ideally there is an opening slump 0.695 to 0.68 with an immediate reversal above mid BB line...0.70?
MEGB : ....also closing its own gap @0.69 ,bargain hunter --this is near bottom price if there is going to be another wave up...would generally mirror the pattern of IFCAM in the next one-push ,even though different creatures....
GPacket : to watch.....wait for an explosion of volume and breakout.....chase...long distance to go
CLIQ-WA : same as above, it will be among the shiining stocks among 40-50 3rd liners pushing from early May
Luster.......same as above..............
Kbunai : same as above ......explosion of volume (from comatose now) and price.........
MPay: completion of 2nd leg....there should be a sharp pull back from 0.35 to 0.31.then on to a 3rd and final and bigger leg to hit a new high in May...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ahkim0811
9 posts
Posted by ahkim0811 > 2015-04-20 13:12 | Report Abuse
the selling pressure is so high at 0.710 and above. zz