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/
nope... not really true about the candle, basically it touches 1820, then close back 1830... so there's a single line pointing downward formed look like hammer, it's basically not that bearish... so that's why i think it's rebounding... i didn't short anything... just sitting in cash, and tot supermax is probably doing t+3 today, and tomorrow t+4, based on the price action, so masuk C34 as suggested by rchi... first indicator is 8EMA on daily... no H product...
Wiki..ermm might be too basic question.jus wanted to ask whch ema you use to spot counters like rchi? Which indicators are accurate fr spotting momentum stocks?
re: rani20151, i don't possess the skill like rchi, could sense the momentum stock... of course, i have a set of stocks i usually monitor for its movement... then trade on them sometimes... rchi's recommendation is good. But I can't follow all... some i still need to look at the chart and decide whether its a go or no go... indicator has a few. 200MA on daily and weekly is most important... like UMW, 200MA broken up, it's a very strong indicator bullish trend is back... then for trade, I would use 8EMA and 13EMA... if price cross down 8EMA, I may exit first. as long as 8EMA does not cross 13ema downwards, the uptrend may still continue. if you look at supermax, its price has never cross down 8EMA... so that's pretty a strong indicator it wants to trend upwards... plus during december it's been doing a triangle upward breakout...
hi mainbesar ... mrcb is similar to fgv which is pretty choppy around 200EMA on daily ! as with fgv, price needs to stay above this EMA and form a base at previous resistance turned support to move up along that rising price channel :)
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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/