Posted by rchi > 2018-03-30 20:16 | Report Abuse

aiyo,mkt rebound no need see hsi face lar,the face too sour,untung pun susah..lol

Posted by connie > 2018-03-31 15:35 | Report Abuse

HY or HRC is still a hot stock with or without some VVIPs :)

Daily chart
If u are a trader who trades on daily timeframe cuz no time to monitor whole day, there is really no price action catalyst to go long ... 20MA and 50MA are pointing downwards ... price below 200MA ... descending triangle following a downtrend is technically bearish bias ! perhaps only go long when price breaks above the triangle downtrendline ?

https://invst.ly/71nm1

1-hour chart
ok nothing to entice on daily but i want to go long anyways .. so, let's go down to the 1-hour chart to look for reasons to buy .. (1) price has not been able to break above 50MA (2) there is a yellow consolidation box as reference point ... so, there are two options (1) go long when price breaks above 50MA or (2) go long when price breaks above the high of the consolidation box .. either ways, stop loss shud be below previous swing low

https://invst.ly/71nnl

5-min chart
or why not the 5-min chart if intend to day-trade or hold for 1 or 2 days ?? aggressive traders can go long now based on this chart cuz price is above 20/50/200MA ... this is an indication that short-term trend has changed ... however, for this short-term trend to be legit the yellow zone must be able to support shud there be a dip ... so, we may want out if this level fails to support !

https://invst.ly/71noe


so, what shud i do come monday ? LOL

Posted by connie > 2018-03-31 15:52 | Report Abuse

5-min chart
so since we know price has not been able to go above 1H 50MA, do monitor closely when price hits this level if u trade on the 5-min chart !! cuz price may just be stopped out here again ... obviously, trading the lowest time-frame is always more volatile and subject to a lot of whipsaws ..

Posted by rchi > 2018-03-31 18:03 | Report Abuse

connie,can see see pmetal,bouncing off 200d ma on thurs n fri...n rsi shows grossly oversold conditions..
https://klse.i3investor.com/blogs/kltrader/149754.jsp

Posted by connie > 2018-04-01 14:18 | Report Abuse

rchi .. thanks for the heads-up !! didn't notice pmetal has fallen to her 200d MA lately .. at times price can also drop below 200d MA and then rebounds strongly (like VS) ... if price can dip to the congested area (blue box) at golden ratio 0.618, then these wud be ideal catalysts to look for counter-trend trade :) .. in any case, will definitely drill down to the lower timeframes now to monitor for opportunity cuz she may just as well bounce up from the 200d MA !

https://invst.ly/71rbk

Posted by skyhawk > 2018-04-01 18:32 | Report Abuse

connie....HY.....am expecting a technical rebound tomoro, overall trend is still in a bearish mode. Can go for a fast one :):):)

Posted by rchi > 2018-04-02 09:34 | Report Abuse

thor hammer forming on pmetal
c5 huat

Posted by Risk84 > 2018-04-02 09:36 | Report Abuse

Sifu Rchi, any TP for this round of rebound?

Posted by rchi > 2018-04-02 09:36 | Report Abuse

mom 4.7 to 4.9

Posted by Risk84 > 2018-04-02 09:37 | Report Abuse

Sounds great!

Posted by toyang > 2018-04-02 09:58 | Report Abuse

Pretty life.. your Supermax :(

Posted by fyh30 > 2018-04-02 10:12 | Report Abuse

datin... pancake gonna be tasty..

Posted by pretty_life > 2018-04-02 10:19 | Report Abuse

Hahah...will continue drop like hell...

Posted by rchi > 2018-04-02 10:26 | Report Abuse

huattttt arrrrrr pmetal

Posted by pretty_life > 2018-04-02 10:33 | Report Abuse

Eat supermx c37 50% at 0.090 it up wil eat again another 50% at 0.095...then set to sell at 0.105 or 0.115

Posted by toyang > 2018-04-02 10:34 | Report Abuse

rchi sifu, can buy p5 @ 0.045?

Posted by rchi > 2018-04-02 10:38 | Report Abuse

yes toyang

Posted by toyang > 2018-04-02 10:42 | Report Abuse

ok thanx sifu.. Masteel & Hibisc also huat

Posted by rchi > 2018-04-02 10:42 | Report Abuse

pmetal pls close 4.5 today ..wakaka

Posted by Risk84 > 2018-04-02 10:45 | Report Abuse

PMETAL C5 huattt arr...

Posted by pretty_life > 2018-04-02 10:52 | Report Abuse

Eat airport mother...See can rebound to 9.5 or now? Hahaha

Posted by rchi > 2018-04-02 10:53 | Report Abuse

wah pmetal kena steriod

Posted by Thomas > 2018-04-02 10:55 | Report Abuse

lionind

Posted by rchi > 2018-04-02 10:55 | Report Abuse

sapu pmetal mom

Posted by rchi > 2018-04-02 10:57 | Report Abuse

adui thor hammer made of aluminium

Posted by Alex™ > 2018-04-02 11:13 | Report Abuse

rchi sifu can joke, haha

Posted by asakura > 2018-04-02 11:33 | Report Abuse

rchi kor your nestla macam mana

Posted by toyang > 2018-04-02 11:38 | Report Abuse

Connie's Ucrest also fly. ;)

Posted by cybergreen > 2018-04-02 11:39 | Report Abuse

hoseh steel and metal counter today bottom recover strongly.

lucky i hoot some annjoo-cL last week.

Posted by Thomas > 2018-04-02 12:03 | Report Abuse

hoot yourself bo jio

Posted by rchi > 2018-04-02 12:27 | Report Abuse

afternoon session mkt shud be pushed up in anticipation on hk n china opening green due to china tariff plan announced d...hold on till tmr all stks

Posted by rchi > 2018-04-02 12:31 | Report Abuse

huat ar pmetal,pls close 4.5 for a beautiful aluminium thor hammer...lol

Posted by toyang > 2018-04-02 12:52 | Report Abuse

Rchi sifu. Hopefully Pmetal close minimum @4.45 :)

Posted by rchi > 2018-04-02 14:51 | Report Abuse

sapu hibiscus wc

Posted by AnnH > 2018-04-02 15:15 | Report Abuse

rchi follow u :)

Posted by rchi > 2018-04-02 15:40 | Report Abuse

annh cut

Posted by AnnH > 2018-04-02 15:43 | Report Abuse

oh ok2

Posted by huatzaiah > 2018-04-02 15:44 | Report Abuse

pmetal sounds like no momentum dy?lol

Posted by asakura > 2018-04-02 15:49 | Report Abuse

RCHI NESTLE HOLD STIL? OR CAM ADD MORE?

Posted by rchi > 2018-04-02 15:53 | Report Abuse

no la nestle sell,anything untung just sell

Posted by huatzaiah > 2018-04-02 15:54 | Report Abuse

rchi sifu dint hold any now ?

Posted by rchi > 2018-04-02 15:54 | Report Abuse

unveiling of china's tariff plan does not seem to help global sentiment
keep tight stop loss on ur trade
m signing off....zzzzzzzzz

Posted by rchi > 2018-04-02 15:55 | Report Abuse

only c5

Posted by toyang > 2018-04-02 16:04 | Report Abuse

TopGlove

Posted by rchi > 2018-04-02 16:49 | Report Abuse

likely months of down trending coming,holiday time for me.

Posted by gemini18 > 2018-04-02 16:55 | Report Abuse

Maybe put put train ...?

Posted by Lim Tek Wai > 2018-04-02 16:55 | Report Abuse

Buy all in

Posted by connie > 2018-04-02 16:57 | Report Abuse

toyang .. sold this some time back cuz there wasn't a strong rebound at 200MA as anticipated and i did not like daily 20MA catching up that may resist any upward movement !! if not mistaken, a few starbuck coffee from ucrest that's all :)

Posted by toyang > Apr 2, 2018 11:38 AM | Report Abuse
Connie's Ucrest also fly. ;)

Posted by connie > 2018-04-02 16:58 | Report Abuse

wah rchi .. your pmetal did rebound from daily 200MA :) not as aggressive as her other counterparts though !

Posted by connie > 2018-04-02 17:03 | Report Abuse

wah datuk .. didn't trigger any SL and u are still holding ?? or now 2nd round ?? :)

Posted by fyh30 > Apr 2, 2018 10:12 AM | Report Abuse
datin... pancake gonna be tasty..