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/
rchi sifu, you are truly a legend! luckily you told me to cut lost Hy-Cm and protect my capital, I wished I would have ask you earlier so can cut lost earlier to preserve more capital, now use the capital to get on the put put train :)
weekly chart 1) price is very near weekly 200MA support 2) price is at horizontal support (refer to the box) 3) volume is drying up as price dips 4) macd histogram is forming a valley (a sign of selling bottoming)
1H chart 1) short-term trend is still DOWN 2) legit downtrend line resisting upward movement 3) price is still below 20/50MA/200MA => weakness
conclusion 1) long-term chart shows an imminent rebound 2) short-term chart is still not rosy 3) so, i wud wait for the short-term chart to show some strength first .. (a) price to break the downtrendline (b) price to go above 1H 20/50MA
it really depends on how u want to play .. say if u want to trade the 5min chart (likely u will say 'hey trend is UP here'), ps have a realistic TP ... look at the 15m/1H resistance as a guide to take profit !!
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MQ Trader 505 views | 3 d ago
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New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 12622 views | 11 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main 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/