Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME .
It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality.
Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME.
Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick .
FOR CHARTS, PLS VIEW OUR BLOG
http://chrissyconn.blogspot.com/
Zecht,Genting condo was about RM300k when my friend bought it,recently he sold it for RM1.6million.With fox entertainment going to function in 2017 definitely it will great impact on its business,hence a surge in its share price.
HSI : I think we are nearing BLOWOUT time in hrs...
(This morning 0.435 shud be the FIRST DAY of blowout for C14)
(i also observe a "typical" swing of 6-7 cents by Makuali when there is an overpush breaching the upperBB , so i sold 0.435-0.425 at open and bought back 0.36-7 for next run up)
1.Praise be to you both,who have been consistently working to provide HSI updates benefiting me & otr forumners greatly. If you ve not been gaining from last 3 days run on the C14, it's a great sayang lah...
2. & IMHO, the next 5-10 days C14 will be on higher gears (4th & 5th) as compared to the last 25 days, so in EW languages, it should be on its EW to hit its peak. and interestingly, C14 (expiring 7 days time , 30/3/2016) last journey towards cash conversion shud coincide.
3. I might have expressed strong scepticism that Makuali will not maintain its conversion pricing , but after tracking its C14 price relative to HSI's conversion formula, I must say "so-far-so-good"!!, in fact for the last few days ,the C14 market prices is higher than HSI's formula-prices. eg this a.m. 0.435 shud have been 0.36 and not 0.40-0.43, this situation will provide excellent trading/profit-taking intradays.
3. That monarch/imperial butterfly chart pattern I mentioned earlier is no joking matter, even though it is a locally (ulu-ulu compared to worldwide EW lah JapaneseCandle lah) made and thus less glamourous. I have based this to maintain an "evolving butterfly pattern" market view on ChinaA50 + HSI since its reversal/bottom day around Feb11-12, and has been profitable so far. I think it will continue to run its course to coincide with your last & the most powerful leg ....
4. The pattern requires that those 2-4 days sideway or pullback-consolidations (like the last 25 days ) shud not be repeated from now onwards,especially if it next breach 0.495 (29-01-2016)...
5. Come lah, for fun lah,gamble wee bit lah, when it swing down again to a higher low ,buy some lah...
Rchi, I already sold before your buy call. Now wait for pull back. So many times Mitra goreng up then goreng down in the afternoon. Whole of last week like that
hawk .. twobits .. baba billy ! thanks for the updates on hsi .. oh yea i was also wondering if baba is referring to the harmonic butterfly pattern that JS is very fond of :)
Posted by connie > Mar 21, 2016 02:00 PM | Report Abuse
hawk .. twobits .. baba billy ! thanks for the updates on hsi .. oh yea i was also wondering if baba is referring to the harmonic butterfly pattern that JS is very fond of :)
LOL billy ... monarchy / imperial / royal is way more advanced than commoner ew / japs candle :):)
Posted by Bilis Bilis > Mar 21, 2016 12:06 PM | Report Abuse 3. That monarch/imperial butterfly chart pattern I mentioned earlier is no joking matter, even though it is a locally (ulu-ulu compared to worldwide EW lah JapaneseCandle lah) made and thus less glamourous. I have based this to maintain an "evolving butterfly pattern" market view on ChinaA50 + HSI since its reversal/bottom day around Feb11-12, and has been profitable so far. I think it will continue to run its course to coincide with your last & the most powerful leg ....
hawk ... i think so too !!! if ending diagonal for this last lapse, the dip is gonna be swift .. let's see if will unfold the last upleg for the diagonal ?? am looking at the m60 chart ..
twobits Bilis: u referring to harmonic butterfly pattern? 21/03/2016 12:33 -------------------------------------------------------
I did a google on your "harmonic" butterfly and did a proper comparison (for my own learning mah!), and would comment : Yes and NO.
Yes :
1. Both latukkong (imperial) and Western experts (harmonic) price behaviour - will spread out like SHAPE of butterfly on flight.
2. "Harmonic" can be anywhere on the chart--top or bottom, M shape or W shape,and both wings can be irregular in shape and size,which they normally used for scalping...i think...
No : 1. Latukkong Imperial must STRICTLY be at the bottom and must be W shape, with a DISTINCT penis-line (Excuse me, but this is a "technical" term, latukkong system ) and beautifully shaped like the link on Imperial /Manarch earlier.So for our current example which is the HSI, here :
(Hint : If you cant,work backward from today, the Butterfly's 2222 shud be 26 days old ---this is important for ascertaining the different price behaviour at various stage...)
2.Duration of "latukkong butterfly pattern" mirror that of a real life Imperial Butterfly ,read under life-cycle here :
".....Monarch metamorphosis from egg to adult occurs during the warm summer temperatures in as little as 25 days...."
3. To cap it up, i did a google and see whether there is others in the world posting the same findings/applications/calls on "ChinaA50 or Hang Seng Index Chart Butterfly pattern Bullish"
2bits, now that u know butterfly's 2222 is already 25-26 day old, you should seize this moment of the double-bottom C14 @0.36, totry your luck...latukkong also no guarantee one hah!!
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
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....
Posted by Christine Goh > 2014-03-11 21:40 | Report Abuse
Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME . It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality. Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME. Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick . FOR CHARTS, PLS VIEW OUR BLOG http://chrissyconn.blogspot.com/