LOOKING FOR THE RIGHT TIMING TO ENTER

Hi All,

I hope u fine today.  I would like to discuss the right timing to enter from my perspective view.  Before u start reading, watch this....

From title Mr Sell Structured Settlement

YTL

I detect this counter on 13 Feb, last 3 days doing 3 white soldiers and today explosive move.  So, let see...

What u see from above chart, can be use for the below counters, meaning u are advise to enter after price cross 20 ma resistance.  So, without further delay,  i present u....

SUPERMX (SUPERMAN)

Superman fly today and it look good to enter tomorrow.  I have discuss this counter from last posting. So, let make a comparison...

22 Feb 2012

23 Feb 2012

Today 29 Feb 2012

Chart Orientation

Supermx now have a good timing to enter.  Black candlestick, follow by small white candlestick and long white candlestick as confirmation. Volume today have increased compare to yesterday.   If u want to enter, doing so after price cross 20ma resistance (green line).

Indicators

From top, 1) acc up
                 2) momentum flat
                 3) stochastic just cross 20% line.
                 4) MACD histogram green and MACD line near 0.

MUHIBAH

I observe Oil and Gas sector. From my view, O & G sector will be going up soon. The first one to move up tomorrow is Muhibah. So let see the chart...

Chart Orientation

A trigger black hammer candlestick had happen yesterday following by confirmation of white candlestick today. I projected the lowest target price at 1.60 but must first clear the resistance at 1.53. Other than that, price has been draw on chart.

Indicators

From top, 1) acc up

                2) momentum up

                3) stochastic at 22%

                4) MACD Histogram green and MACD line above 0.

My View

Long white hammer penetrate 20ma resistance in one day is a strong indication this counter will move up again tomorrow. I just put the target price at closing today so that u can gain more profit (normally i put 1 point above for enter price). And I draw cut loss point just below 20 ma so that your losses can be very minimal. On top of all this, if u see Muhibah going up tomorrow, don't forget i have been writing about KNM on last posting where stochastic very low at 8% as per chart below.

KNM - One Second Look

Chart Orientation

 

 

Apparently bad news yesterday does not effect today outcome. Maybe have been discounted during retracement as red arrow. U can see everyday there will be 2 news. One is the very good news when price started to going down. Two, very bad news when price started to going up. This is the trick used by mass media, securities and many others in share market, so that to create panic among people (crowds/herds). What normally i do is comparing the news with the chart. to judge whether the news is valid or not at that time. And it is also good for u to use this as a timing to take profit or to enter.

Come back to the chart, white candle engulf yesterday black candlestick. I draw only 2 lines, cut loss (red) and enter price (green) on chart. The target price u can refer to older posting.

UEMLAND

I watch this chart yesterday but becoz the internet bloody too slow like snail, i can't do anything to avoid it.  In the world that money is nothing but everything now, I need constantly to top up if i want faster connection.  I have contract for 1 year for monthly pay RM 98 for broadband connection.   In my house now, I have to wait until everybody sleep than i can get a good connection.  U see, my working time is between 12 - 3 am. I only can posting part by part to complete one title everyday.  I hope u can understand my situation and if u think u want to give contibution, pls do so on the left side of the blog ie widget DONATE. 

So, come back to the UEMLAND.  What is so obvious is the long-long black hammer cross lower Bollinger Band and rebound. So watch this,....

Chart Orientation

UEMLAND have a morning doji star chart pattern, see the last 3 candlestick.  Volume high, long white candlestick (confirmation candlestick) just cross 20ma resistance.  Enter price and cut loss i put side by side 20ma.  So, good luck.

Indicators

From top, 1) acc up

                 2) momentum up

                 3) stochastic at 12%

                 4) MACD histogram green and MACD line near 0.

My View

As KLCI hurdle to the 1600, next target would be 1581 then 1598.  To support this hurdle, many counters will rebound this week and next.  So, watch your target for this 3 counters and other counters that can give u profit.  So, good nite and....

Happy Trading!!!