Amedia - Bollinger Squeeze..

Amedia is currently in the bollinger band squeeze for 1 week and awaiting the right signal to boom up or down.. Those who are holding it be prepared for any surprises whether it is good or bad..

Indicators
1) Trendline - Side way trend between 0.465 and 0.315 

2)  Support/Resistance - Formed lower high (Bearish)
3) MACD -  Waiting for 4R1G signal 

4) RSI -Stagnant at the  55% to 65 %.. If break above 70% will indicate bullish and retrace toward 50% will indicate bearish 

5) STO - Bearish Crossover and retracing towards 50%  (Bearish) 
6) Ichimoku -  a) Price below support cloud (Bearish).
                          b) Conversion line below the base line (Bearish).
                          c) Price below the baseline ( Bearish)

7) Chart Pattern - Bollinger Squeeze.. Bandwidth at the lowest level and waiting to bollinger band breakout

Conclusion:
Bearish - Waiting for 4R1G signal accompany with bollinger band breakout above..

Risky Breakout but big gain 

E ( Entry) : 0.4 ( Ensure closed above this price)

S ( Stop Loss) : 0.36      

P ( Profit) :  0.455

RRR (Risk to Reward Ratio) = 1.37 (Average)

E ( Entry) : 0.4( Ensure closed above this price)

S ( Stop Loss) : 0.36      

P ( Profit) :  0.5

RRR (Risk to Reward Ratio) = 2.5 (Slightly Rewarding )

E ( Entry) : 0.4 ( Ensure closed above this price)

S ( Stop Loss) : 0.36      

P ( Profit) :  0.61

RRR (Risk to Reward Ratio) = 5.25  (Rewarding )

Slow and Steady Buy Call

E ( Entry) : 0.47 ( Ensure closed above this price)

S ( Stop Loss) : 0.40     

P ( Profit) :  0.59

RRR (Risk to Reward Ratio) = 1.71 (Slightly Rewarding)

Resistance at  0.4 / 0.465 0.52
Support at    0.385 / 0.32 / 0.3

JCY formed higher low

After spotting this counter 8 November when it was retracing towards to the next support at 0.74. It nearly touched it and formed a higher low with a hammer ..

Indicators

1) Trendline - Broke above the Side trend (Bullish)
2) Support/Resistance - Formed higher low (Bullish)
3) MACD -Waiting to 4R1G for more bullish confirmation
4) RSI - Broke above (Bullish)

5) STO - Bullish Crossover (Bullish) . If break above 80% will indicate more bullish

6) Ichimoku - a)   Below  support cloud but heading towards it  (Slightly Bullish).
                       b) Conversion line above the base line . ( Bullish)
                       c) Price above the baseline ( Bullish)




Conclusion:
Bullish - 
Reach the initial entry price but it would be great if it can break above 0.795 and 0.815  which would gives a 4R1G MACD signal which will double confirm on the bullish run.. Just take precaution if it hits the 0.795 and and reverse..

E ( Entry) :0.78( Meet the entry price on Nov 14)

S ( Stop Loss) : 0.72

P ( Profit) :0.89

RRR (Risk to Reward Ratio) =1.83 (Rewarding)

E ( Entry) :0.81( Closed at or above it)

S ( Stop Loss) : 0.77

P ( Profit) :0.89

RRR (Risk to Reward Ratio) =2 (Rewarding)

Resistance at 0.795 / 0.82 / 0.91 / 1.01/ 1.06 

Support   at 0.74 / 0.7 / 0.65 / 0.615

Dayang hit the first take profit.

Dear investor.. Remember to take some profit as mention below because global market sentiment is still negative due to the USA Fiscal Fear..

Support rebound play

E ( Entry) 2.23 ( Closed at or above it)  -

S ( Stop Loss) : 2.19

P ( Profit) :2.27

RRR (Risk to Reward Ratio) = 1 (Average)

E ( Entry) 2.23 ( Closed at or above it)  -

S ( Stop Loss) : 2.19

P ( Profit) :2.34

RRR (Risk to Reward Ratio) = 2.75 (Rewarding)

Resistance-   2.28 / 2.36

Support -    2.25 / 2.22 / 2.2 / 2.16 / 2.12

Is Air Asia Ready to take off ..

Air Asia has been in downtrend since August after Malindo is competing with the Malaysia Domestic Flights by next year.

Indicators
1 ) Trendline -  Sideway trend between 2.8 and 3.19 
2)  Support/Resistance - Formed lower low  ( Bearish )
3) MACD - 4r1g (Bullish )
4) RSI - Broke above 30%  (Bullish )
5) STO -Bullish Crossover (Bullish )  If break above 20% will indicate more bullish
6) Ichimoku - a) Below the support cloud . If break above it will indicate bullish (Bearish)
                       b) Conversion line below the base line  (Bearish) 
                       c) Price below the baseline (Bearish)
7) Candlestick -  Bullish Engulfing.(Bullish )

Conclusion:
Bearish- 



Counter Trend Style 

Entry Price at  3.02 ( Closed at or above it)
Stop Loss at 2.96
Take Profit at  3.08 
Risk to Reward Ration  (RRR) =1(Average)

Entry Price at  3.02 ( Closed at or above it)
Stop Loss at 2.96
Take Profit at  3.17
Risk to Reward Ration ( RRR) =2.5  (Slightly Rewarding)


Entry Price at  3.02 ( Closed at or above it)
Stop Loss at 2.96
Take Profit at  3.27
Risk to Reward Ration ( RRR) =4.17 (Rewarding)

Resistance - 3.01 / 3.04 (20d Ma) / 3.1 /  3.19 / 3.3  / 3.43

Support      -  2.97 / 2.94 / 2.8

JCY closing to the entry price

Friendly reminder to watch this counter

E ( Entry) :0.78( Closed at or above it)

S ( Stop Loss) : 0.72

P ( Profit) :0.89

RRR (Risk to Reward Ratio) =1.83 (Rewarding)

E ( Entry) :0.81( Closed at or above it)

S ( Stop Loss) : 0.77

P ( Profit) :0.89

RRR (Risk to Reward Ratio) =2 (Rewarding)

Resistance at 0.82 / 0.91 / 1.01/ 1.06 

Support   at 0.74 / 0.7 / 0.65 / 0.615

Dayang potentially forming higher low

Dayang quarterly result is around the corner at  19 Nov to 23 Nov.. Will this the reason investor are grabbing this counter in confidence that it will perform better..

Indicators

1 ) Trendline - Broke above the downtrend line .. ( Bullish)
2)  Support/Resistance - Formed higher high and in progress of forming higher low ( Bullish) 

3) MACD - Formed 4R1G ( Bullish) . If continued with another green signal/ white candle will confirm more bullish
4) RSI - Retracing towards 50% (Bearish) , If rebound above 50% with a white candle on next trading day will confirm more bullish 

5) STO - Both signal are meeting each other above hte 20%. If bullish crossover  on next trading day will confirm more bullish
6) Ichimoku -  a) Price above  the support cloud ( Bullish)

                       b) Conversion line  above the base line ( Bullish)
                       c) Price close below the baseline ( Bullish)
7) Candlestick pattern - Bullish Engulfing (bullish). 

8) Company performance - Earning positive trend and positive dividend

Conclusion:
Bullish -


Support rebound play

E ( Entry) 2.23 ( Closed at or above it)  -

S ( Stop Loss) : 2.19

P ( Profit) :2.27

RRR (Risk to Reward Ratio) = 1 (Average)

E ( Entry) 2.23 ( Closed at or above it)  -

S ( Stop Loss) : 2.19

P ( Profit) :2.34

RRR (Risk to Reward Ratio) = 2.75 (Rewarding)

Resistance-  2.25 /  2.28 / 2.36

Support -   2.22 / 2.2 / 2.16 / 2.12