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/
Wow....a sea of red. Like some Ah Long with too much red paint went to town and splashed everywhere. I think I will hibernate for a while until Ah Long runs out of paint.
Hoping for a rebound but it looks like it is staggering towards the 50% Fibonacci retracement level around approximately 1706, which is also where the rough weekly trend line and 200EMA appear to converge. It's just an opinion and I could be wrong, of course.
oh ewtrader .. your waves calc also ends there eh ??? too early to tell .. just put the target there first ... have also input ~ 1706 now which is the 200EMA weekly support (as pointed out by namaste this is also a very nice 50F retracement !! THANKS namaste :) expecting her to retest 1730 as resistance today also lack of energy so far ! LOL
Posted by EWTrader > Nov 15, 2017 06:36 PM | Report Abuse Connie......my take for fbmklci is that it will be ending at around 1710 (the end of this ZZ corrections ) :):)
if mkt cannot hold above 1700,it may head for major correction seems all global mkts are selling off the odds favour more downside frm here be very cautious
kimee .. i am not sure if this chart from investing.com is adjusted for the rights cuz it looks different from the one in chartnexus .. based on this chart, a base is forming .. in this case, it's a range between 0.275 to 0.36 .. so, potentially price may go down to 0.275 and then rebound again to 0.36 depending on the oil price i suppose ! conclusion (1) trend is sideways (2) range trading (3) until price breaks out from this range, status quo
looking at so many counters ... either in middle of nowhere or consolidating or great for shorting !!! macam mana swing ?? hehehehe ... gotta trade counter-trend i suppose since KLCI is also behaving as such ???
ewtrader .. are u still holding ksl ?? i sold mine when price dropped back into the downward trendline ... the trading idea (breakout of triangle consolidation) is violated :( huhuhuhu
gdp 6.2% dow up 187 overnite klci up 3.87 pts ! susah la ah jib...
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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/