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Tuesday, August 23, 2011

Dow Jones still in downtrend

Even today is positive but have to play safe and dont be happy of a dead cat bounce. It may dive further down.

Observation
1) Trendline - Downtrend- (Bearish)
2) Formed lower low - (Bearish)
3) MACD -4G1R(Bearish)
4) RSI - Heading towards 30% (Bearish) -
5) Sto - Formed Bearish Crossover and broke below 20% (Bearish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick - Inverted Hammer (Bullish)






6Points







       1Points



 
Conclusion
Winner Bear ( Throw down wrestling style)

Let wait for Dow Jones to formed a higher low or higher high first before going for long because it maybe a higher low.
Entry Price 11575
Resistance at 11765 and 11876
Support a 10710 and 10510
 
 
Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)

KLCI will it able to break the downtrend line



Observation
1) Trendline - Downtrend- (Bearish)
2) Formed lower low - (Bearish)
3) MACD - Downtrend below 0 (Bearish)
4) RSI - Testing to Break above 30% (Bullish) -
5) Sto - Formed Bearosj Crossover and broke below 50% (Bearish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick - Bullish Engulfing (Bullish)






5 Points







       2 Points



 
Conclusion
Winner Bear ( Throw down wrestling style)

Let wait for it to break the descending downtrend line
Entry Price 1493 or 1513 ( Safer)
Resistance at 1523 and  1538
Support a 1472 or 1463
 
 
Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)

Monday, August 22, 2011

KULIM



Observation
1) Trendline - Uptrend Bullish
2) Formed higher high- Bullish
3) MACD - 4R1G and bullish crossover( Bullish)
4) RSI - Retracing toward 50% ( Bearish)
5) Sto -  Bullish Crossover (Bullish)
6) ADX - strong momentum and bearish

2 Points







       4 Points







Conclusion

Winner BULL
Wait break 3.92 first

Entry Price 3.93
Take Profit  at 4.01 
Support at 3.83
Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)


Thursday, August 18, 2011

Buy buy GOLD



Time to buy or long gold. Target Profit at 195.2 and support at 1.69.5

Market Sentiment is bad. Please stay out of Market

Time to long Gold or short Dow Jones

FOR KLSE , please stay out of the market

Wednesday, August 17, 2011

Bursa



Observation
1) Trendline - Downtrend ( Bearish)
2) Formed lower low ( Bearish)
3) MACD -4R1G ( Bullish)
4) RSI -  Still in bearish mode and waiting for it to break above 30%
5) Sto -  formed bullish crossover and broke the 20% (Bullish)
6) ADX - strong momentum and bearish
7) Candle Stick -Formed a doji after shooting star ( Bearish) 

4 Points







       2 Points







Conclusion


Winner Bear

Entry Price 7.21 ( Need to break the gap down)
Take Profit  at 7.53 and 7.63
Support at 6.6

 
Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)

Dow Jones forming higher high or lower high?


Dont be too happy or sad about Dow Jones because we wont know what will happen next. Is this a dead cat bounce or a discount buy?










It look like the whipsaw is stabilizing but we are still uncertain about it.

Observation
1) Trendline - Downtrend- (Bearish)
2) Formed lower low - (Bearish)
3) MACD - Formed 4R1G (Bullish)
4) RSI - Broke above 30% (Bullish) -
5) Sto - Formed Bullish Crossover and broke above20% (Bullish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick - Hanging Man (Bearish)





4 Points







       3 Points



 
Conclusion
Winner Bear ( Throw down wrestling style)

Let wait for Dow Jones to formed a higher low or higher high first before going for long because it maybe a higher low.
Entry Price 11575
Resistance at 11765 and 11876
Support a 11000, 10710 and 10510
 
 
Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)









Sunday, August 14, 2011

UEMLAND look like discount buy

Thanks for the Dow jones retracement and UEMLAND seems to be cheap now.


Observation
1) Trendline - Broke below the uptrend line and going downtrend(Bearish)
2) Formed lower low -  (Bearish)
3) MACD -  Formed 4R1G ( Bullish)
4) RSI - If break 30% and above it will be bullish
5) Sto -  Broke above 20% with bullish crossover ( Bullish)
6) ADX - low momentum and bearish ( BEarish )

4 Points







       2 Points





Conclusion
Winner Bear ( Throw down wrestling style)

It is still bearish due to whole market sentiment had badly impacted and causing all stock to retraced badly but this could be a potential discount buy if the market sentiment becomes stable back.

Entry Price  2.4
Resistance at 2.45, 2.53 and 2.57
Support at 2.2
 
 
Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)


Dow Jones is it stablize or will it further go down




It look like the whipsaw is stabilizing but we are still uncertain about it.

Observation
1) Trendline - Downtrend- (Bearish)
2) Formed lower low - (Bearish)
3) MACD - Broke below 0 (Bearish)
4) RSI - Broke below 30% (Bearish) - If Break above 30% potential short term bull
5) Sto - Formed Bearish Crossover and broke below 20% (Bearish) If Break above 20% potential short term bull
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick -2 Black Candle (Bearish)




7 Points







       0 Points



 
Conclusion
Winner Bear ( Throw down wrestling style)

Let wait for Dow Jones to formed a higher low or higher high first before going for long because it maybe a higher low.
Entry Price 11575
Resistance at 11765 and 11876
Support a 11000, 10710 and 10510
 
 
Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)

Wednesday, August 10, 2011

Dow Jones going down like crazy


Well the Dow Jones started to retrace downwards after forming double peak and broke down the uptrend line and free fall and broke many support


Observation
1) Trendline - Downtrend- (Bearish)
2) Formed lower low - (Bearish)
3) MACD - Broke below 0 (Bearish)
4) RSI - Broke below 30% (Bearish)
5) Sto - Formed Bearish Crossover and broke below 20% (Bearish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick -2 Black Candle (Bearish)
8) Global Sentiment - S&P got downgrade ( Bearish)



8 Points







       0 Points



 
Conclusion
Winner Bear ( Throw down wrestling style)

After S&P got downgraded and it started to cause global market to drop more than 6%
Entry Price 11000
Resistance at 11430
Support a 10710, 10515 and 10320
 
 
Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)

Tuesday, August 9, 2011

I am back!!

Well as predicted haha Dow will slump hehe. Lucky my Forex on the Short for Dow profit handsomely.. Now going to continue short until the dow looks stable before going back to KLSE :)

NUFFNANG ADS