Saturday, September 3, 2011

KLSE: Airasia (Rebound off from 100D and MACD turned green)


From the chart, it shown that the price has rebounded off from 100D. The stochastic started to move up (confirmation can be done when blue line is moving up and away from red). Volume has increased also. Stop loss can be done at 3.31. The next resistance is the 20MA

Friday, May 6, 2011

KLSE: Landmrk (rebound off from 200MA)


As we can see, it rebound off from the 200MA, which is known as a strong support moving average for 3 times. And it shot up at least 10-20%. So how about this time? :)

Sunday, March 13, 2011

TWSplnt (Wave D has not ended yet)


As I've posted, the wave d started with a fake break below from the trend line. Anyway, it is now undergoing the d-(b) wave. Wave e will start once d-(c) (mini bull wave) has ended.

YTLLand (Potential wave 5 - Bull wave)


The only thing we need to wait now is for the end of wave 4 (correction wave) - 4-c. Once it is ended, which means it needs to be slightly break below the end of 4-(a), the wave 5 will be started. Based on the history, before the wave 3 started, it gone through the similar process. On the other hand, from the MACD, we can see that the blue line is crossing up to form a bullish crossover.

Tuesday, March 1, 2011

TWSplnt (Wave d on its way)


For triangle formation, normally there are 5 waves - a,b,c,d,e then breakout above or below the triangle. Every wave, they will be splitted into 3 waves. (a),(b),(c). Now its entering wave d. This reason comes with stochastic indicator crossing up from the oversold region. Of course, there is another bullish reversal signal appeared - doji. Wait for confirmation.