HUAYANG (WHEN TO SELL)
This is the trick that u should look when u see any chart. Look here...
First, u will see 3 gaps in the chart above. 3 gaps tell u price now at high level, u should sell. Second, inverted hammer on top (red colour). We also call shooting star. At night, when u see a shooting star, u make a wish like this " I wish tomorrow my counter will going up". In reality, a shooting star will fall to planets Mars, Jupiter, Pluto or Moon. So, remember when u see shooting star on chart, don't wish. Take action. Sometimes u can see 4-5 gaps simultaneously such as DRBHCOM recently (news said target price rm 3). This is different case. That happen when public know price will hit the target and they buy higher price during opening every day. So, price keep jumping and formed 4-5 gaps. Without seeing indicators, this counter will going down. Next chart
From top to bottom, only acc/dist show a significant drop. 3 of them - momentum up, stochastic at max level and MACD histogram green and above 0 line. Here u can't judge the momentum and MACD, only acc/dist and stoch. acc/dist now at distribution page. Price going up but acc/dist sees higher peak and lower peak. U must read how to identified accumulation phase and distribution phase. The best book is Jesse Livermore book.