I have a good news today, my good fren give angpau this evening. It is a booster for my spirit to provide better daily prediction to the public. Thank You my good fren, may u prosper this year and the next year to come. May God bless u and your family.
I'm driving from Bintulu to Kuching this morning. It takes me 9 hours to arrived at Samarahan, Sarawak. The name of Pan Borneo highway should be limited from Kuching to Sarikei only. Between Sarikei and Bintulu, the Highway name should be replace by Jalan Kampung. Potholes, bumpy road is everywhere. Imagine u drive 280 km through this road. My body suffer pain every joints. Worst thing is my wife and 2 children (2 & 3 years) following me. But the pain disappear when i saw the SEG closing price. After long waiting, finally SEG up today. Not so much, only 10 sen up. Hopefully u gain some money from SEG.
First Things First
SEG chart today (LOOK AT TRIGGER BUY CANDLESTICK)
When u have BB squeeze counter, pls put in your watchlist and look for trigger candlestick. Normally trigger candlestick is a black and white hammer. Sometimes, inverted hammer (white and black), dragonfly doji or doji. Yesterday I wrote about SEG, to enter u must queue your price at 1 point up from upper BB. Today high volume confirmed the break out.
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
Indicators
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.
Happy Trading!!!
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
Indicators
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.
Happy Trading!!!
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