Posted by Trouble Huat > 2020-03-13 09:56 | Report Abuse

Noted

Posted by maxprofit2020 > 2020-03-13 09:56 | Report Abuse

You may refer to Jaks : It was at highest 1.57 last month, this week SMA 200 1.02 broken, today free fall to 0.76.

If a person sold 100 lots last month at 1.57, today can buy back 206 lots at 0.76.

Posted by WilliamUsana > 2020-03-13 10:09 | Report Abuse

@ maxprofit2020
Oh my... Dropped so much within 2 weeks ! Thanks for the info

Posted by maxprofit2020 > 2020-03-13 10:13 | Report Abuse

guys, take note of the important rules when SMA 200 broken :

DO NOT catch the falling knife.
Let it free fall and we only buy when there is a clear reversal at the point of Golden Cross.

If you still have doubt, refer to Jaks now at 0.745.
Jaks and Revenue use to be same price last month.
Same operator manage Jaks and Revenue.

Posted by WilliamUsana > 2020-03-13 10:15 | Report Abuse

Ok noted. Thanks Max *thumbs up*

Posted by maxprofit2020 > 2020-03-13 10:17 | Report Abuse

you just do a simple calculation :

If you sold 100 lot at 1.45 last month for Revenue.
Today if you buy back at 0.98, you can buy back 147 lots using the same fund you sold last month.

However, during a free fall, if you buy 100 lots today, it may end up the 100 lots value depreciated by another 20%.

Conclusion we only buy at the point of Golden Cross, not during free fall.

Posted by monetary > 2020-03-13 10:41 | Report Abuse

may I know what is the predicted golden cross price?

Posted by maxprofit2020 > 2020-03-13 10:49 | Report Abuse

@ monetary, nobody know and nobody can answer.
need to patiently wait for the downtrend ended, monitor the short term SMA crossover back long term SMA. The crossover point will be the buying point before it rally.

Definition :
The golden cross is a technical chart pattern indicating the potential for a major rally. The golden cross appears on a chart when a stock's short-term moving average crosses above its long-term moving average.

Posted by monetary > 2020-03-13 10:56 | Report Abuse

thanks, maxprofit. charting program has this indicator. will monitor

Posted by maxprofit2020 > 2020-03-13 11:11 | Report Abuse

@ monetary, yes, you got it right. Just monitor the trend, you will see the crossing point and that will be the buying point.

The purpose we buy, we want to see the value increase overtime, not depreciate and try to average down.

Now is too early to tell when is the buying point as downtrend have not yet end.

Posted by maxprofit2020 > 2020-03-13 11:12 | Report Abuse

Patience, Discipline, Free capital available is the key to make profit.

Posted by icepumpkin > 2020-03-13 11:45 | Report Abuse

Thanks maxprofit

Posted by maxprofit2020 > 2020-03-13 13:12 | Report Abuse

SMA 3 = 1.077
SMA 5 = 1.086
SMA 200 = 1.064.

Once SMA 3 & 5 crossover with SMA 200 within short term, a more significant drop is expected.

Jaks' SMA 3 & 5 crossover with SMA 200 (at 1.02) yesterday, today drop to lowest 0.69.

Jaks and Revenue having same price last month.

Posted by maxprofit2020 > 2020-03-13 16:58 | Report Abuse

So today's closing price 1.04 < SMA 200 = 1.064.
A downtrend is confirmed.

If you are still holding stock, any technical rebound is good opportunity to sell.
During a downtrend, it will still up/down, thru & forte but it will gradually close lower low until a trend reversal.

SMA 3 = 1.09
SMA 5 = 1.094

Once SMA 3 & SMA 5 crossover SMA 200, expect will see a more significant price drop, now the delta is only 0.026 & 0.03.

Posted by Trouble Huat > 2020-03-13 17:18 | Report Abuse

Yes its downtrend. Mayb few week or few month only can see whether its rebound or not

Posted by maxprofit2020 > 2020-03-13 17:30 | Report Abuse

The last time Revenue stock on downtrend started July 23rd, 2019 and the golden crossover was Oct 11th, 2019, the entire downtrend last for about 3 months. From Oct 11th (lowest 0.91) to Jan 2nd (highest 1.53), it surge for 68% within 3 months.

It looks like each cycle (uptrend or downtrend) for Revenue is about 3 months.

This round if we consider Feb 18th (from the peak of 1.45) was the start for downtrend, take the same time-frame as reference, the golden crossover may happen by May, whereby the outbreak expected to be over due to Summer season.

Based on the experience from SARS, once the outbreak over, worldwide stock markets will be booming from bottom.

Oil price and political issues shall also be settled by then.

Patience, Discipline, Free capital available is the key to make profits.

Posted by ekoavenger3 > 2020-03-13 19:00 | Report Abuse

https://www.news.com.au/lifestyle/health/health-problems/coronavirus-vaccine-canadian-company-claims-to-have-found-a-cure-and-could-do-human-tests-in-weeks/news-story/8652a2d98759d609cf8e73e07d7058fc

Posted by lwyy60 > 2020-03-14 07:58 | Report Abuse

ekoavebgee3, if it really work, still need wait till Nov, what if doesnt work? still months ahead.

Posted by Trouble Huat > 2020-03-14 09:16 | Report Abuse

Dji rebound 1.7k. Haha

Posted by maxprofit2020 > 2020-03-14 16:04 | Report Abuse

Officially DJ already in bear market start from this week. It will last at least months before in turn back to bull market.

DJ will up & down +/-1000 points and it will become a norm for such extreme fluctuation.

It will benefit day trader / contra player / IDSS for such extreme movement daily.

If you are still holding stock, any technical rebound due to external positive factors, sell first, as during downtrend, it will only trend down lower low overtime.

Posted by RainT > 2020-03-14 17:05 | Report Abuse

next week below RM1??

Posted by icepumpkin > 2020-03-14 20:14 | Report Abuse

Almost all counter red. Hope to see some rebound on Monday

Posted by maxprofit2020 > 2020-03-15 09:51 | Report Abuse

@ Rain T, it will still up/down, thru & forte between 0.9x ~ 1.09 within short term.

SMA 200 = 1.06 from a support, now convert to a resistance
next resistance SMA 3 & 5 = 1.09.

Key crossovers below may push down the price further :

1) Once SMA 3 & 5 crossover SMA 200 within short term, trade below RM 1 may become a norm.

2) Another significant crossover is SMA 90 & SMA 50. Once SMA 90 > SMA 50, a significant drop may happen.

Current SMA 90 = 1.256 (currently flat)
CUrrent SMA 50 = 1.328 (currently trending down, -0.01 per day)

Posted by Trouble Huat > 2020-03-15 14:07 | Report Abuse

how low it can go

Posted by i3lurker > 2020-03-15 14:08 | Report Abuse

half a sen

Posted by maxprofit2020 > 2020-03-16 07:22 | Report Abuse

Take note :

Dow Jones future tonight -1041 points, -4.53%.

DJ will up & down in its extreme, do not too optimistic for one day up as it had officially entered bear market since last week with uncertainty for the impact of the outbreak. FED cut the rate to zero only create more fear.

1) Any technical rebound, sell.
2) Do not hold stock during downtrend.
3) Only buy & hold when the downtrend ended and reverse to uptrend.

Posted by freddiehero > 2020-03-16 08:46 | Report Abuse

today ade mario jumping ka....?

Posted by maxprofit2020 > 2020-03-16 09:00 | Report Abuse

TA Golden Rule : Do Not Catch A Falling Knife

Posted by LearningLearning > 2020-03-16 09:08 | Report Abuse

Thank you, maxprofit2020, for your very well-intended reminder. Very much appreciated.

Posted by Trouble Huat > 2020-03-16 09:32 | Report Abuse

Yaya. Maxprofit teach us alot.. Unlike those ppl that keep say buy buy buy without KNOWLEDGE

Posted by maxprofit2020 > 2020-03-16 10:24 | Report Abuse

I am actually the one who learn a lot by sharing in this forum.

those sifu asked u to buy is because they want to sell.

I am holding zero Revenue stock after sold 1.4/1.41 last mth, only analyze TA for self-learning and will only buy back at golden crossover, so no conflict of interest.

Posted by prince4 > 2020-03-16 11:03 | Report Abuse

Covid-19 make economy slown down fundamental company will metamorphism and company with high debt will the time to collapse.Expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold.
market stock RM10 drop to RM5, RM5.00 drop to RM 2.00 , followed RM2.00 drop RM1.00, followed RM1.00 drop to 50 cent, followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10 cent drop to bottom.
High debt company cannot hold ,high prices stock cannot hold , market never sleep money never sleep just buy bottom low prices with cash rich company . This is a opportunity markets smarts money no longer will flows in cheaper stocks market will goreng lows price stock at bottom.

Posted by Stockhunter85 > 2020-03-16 12:19 | Report Abuse

This stock PE is too high for bearish market. market will adjust the pe after bad next QR. Probably the pE should be around 20

Posted by Flintstones > 2020-03-16 15:27 | Report Abuse

maxprofit is spot on

Posted by Stockhunter85 > 2020-03-16 15:43 | Report Abuse

doom day coming .... PE 10

Posted by newbietrader > 2020-03-16 15:59 | Report Abuse

thinking 0.7 to buy in , or lower

Posted by Joyvestt > 2020-03-16 16:21 | Report Abuse

keep buying untill your pants are dropping

Posted by Stockhunter85 > 2020-03-16 16:31 | Report Abuse

PE 10-15 maybe i will consider .......now not yet ... the PE is 34 now.........

Posted by jason007 > 2020-03-16 16:35 | Report Abuse

OMG... what happen to this counter every one just sell !!

Posted by Stockhunter85 > 2020-03-16 16:41 | Report Abuse

Maybe some margin account got forcel selling ... its vicious cycle

Posted by Flintstones > 2020-03-16 17:22 | Report Abuse

maxprofit, where is the next support?

Posted by maxprofit2020 > 2020-03-16 17:24 | Report Abuse

Free fall today is expected as SMA 200 broken last Friday, confidence level also broken.

Revenue use to be traded at the same price with Jaks at 1.4x last month.

Jaks is traded at 0.7 at today's closing after SMA 200 broken last week, seems Revenue may follow.

Posted by Trouble Huat > 2020-03-16 17:49 | Report Abuse

Posted by maxprofit2020 > Mar 16, 2020 5:24 PM | Report Abuse

Free fall today is expected as SMA 200 broken last Friday, confidence level also broken.

Revenue use to be traded at the same price with Jaks at 1.4x last month.

Jaks is traded at 0.7 at today's closing after SMA 200 broken last week, seems Revenue may follow.


thanks maxprofit2020, i able run on time.awaiting 70 cent. hehe

Posted by maxprofit2020 > 2020-03-16 18:26 | Report Abuse

Hope everyone in this forum sold on time in past one month and not being trapped in.

Posted by maxprofit2020 > 2020-03-16 18:54 | Report Abuse

@ Trouble Huat, wait for golden crossover only enter.

Posted by maxprofit2020 > 2020-03-16 18:56 | Report Abuse

@ Flintstones, once SMA 200 broken, it will be a free fall. Need to patiently wait for downtrend ended, reverse to uptrend, then only enter at the point of golden crossover. Nobody know what price will be the crossover. Need to monitor and it may takes months.

Posted by WilliamUsana > 2020-03-16 19:53 | Report Abuse

Thanks Max!

Posted by Stockhunter85 > 2020-03-16 19:57 | Report Abuse

dont let your modal getting smaller ... the best strategy is protect your modal firsf

Posted by icepumpkin > 2020-03-16 20:32 | Report Abuse

I long long ago kena trapped already.

Posted by maxprofit2020 > 2020-03-16 20:50 | Report Abuse

@ WilliamUsana, welcome.