DRBHICOM Retracing after dividen

DRBHICOM is retracing after dividen ex date.

Support line at 2.63 and 2.47

Entry if there is a rebound at the end of the trading day above 2.75

DRBHICOM potentially in trouble Part 2

By Demand, i believe many investor are on this boat and grasping whatever they can hold as the boat is waving here and there on a strong tide..

1) Shooting Star accompany with a black top .. ( Bearish) - Refer to this link SHooting Star
2) MACD - Still green and kissing ( Undetermined)
3) RSI - Hovering below 50%( Undetermined)
4) Broke above 50% ( Bullish)
5) Volume Distribution - Selling Pressure is high.. ( Bearish)

New Trailing Stop loss at 2.7
  Take Profit 2.87 and 3.03

DRBHICOM potentially in trouble

Form Doji Star - ( Bearish Sign with high volume)
MACD - 4G and watchout for tomorrow If red it is going to be a roller coaster ride
RSI - Hovering below 50% and no strength to breakthrough
Sto - Touching the 50% ( Not Confirmed)
Volume Distribution - Selling Pressure high-- Worried!!

Remember to previous ESP.. Remember to take 50% profit on the Take Profit declared to safeguard your profit... Cash is King!!


Entry Price at 2.66
Stop loss at 2.47
Take Profit 2.87 and 3.03

DRBHICOM - BB Breakdown ..

Wow today DRBHICOM finally broke the sideline trend after 1 month sideway... But unfortunately it broke down instead of breakout uptrend..

Observation
1) Trendline - Downtrend (Bearish )
2) Formed lower low-  (Bearish )
3) MACD -  Bearish Crossover and below 0 ( Bearish)
4) RSI - Broke below 30% ( Bearish)
5) Sto -  Formed Bearish crossover and rebound below 80%( Bearish)
6) ADX - super low momentum and bearish( Bearish)
7) Candle Stick - Super Long Black Candle ( Bearish)
8) Volume Distribution - High Selling pressure but back by Strong Support (Bearish)

8 Points

       0 Points

Conclusion

Winner Bear ( Throw down wrestling style)

Brace for impact because this is going to be a hell of a ride.. 

Entry Price 2.01

Resistance at 2.11  and 2.2

Support at 1.87, 1.8 and 1.68

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

http://edwinextremebullrun.blogspot.com/search/label/FORUM

DRBHICOM going sidelines..

Wow!!  DRBHICOM is trading between the sideline channel between 2.19 and 2.3.

Observation
1) Trendline - Sideline (Undetermined)
2) Formed same high and low-  (Undetermined)
3) MACD -  Bearish Crossover and below 0 ( Bearish)
4) RSI - Broke below 50% ( Bearish)
5) Sto -  Formed Bearishcrossover and broke below 50%( Bearish)
6) ADX - super low momentum and bearish( Sideline)
7) Candle Stick - 2 Black Candles ( Bearish)
8) Volume Distribution - High Selling pressure but back by Strong Support (Bearish)

5 Points

       0 Points

Conclusion

Winner Bear ( Throw down wrestling style)

This counter is bearish and going sideline..

Entry Price 2.32

Resistance at 2.37 and 2.43

Support at 2.25

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

http://edwinextremebullrun.blogspot.com/search/label/FORUM

DRB HICOM broke out from symmetrical triangle!!

Everybody think this stock was a goner but since we are in Boleh Land. This stock came back to life again and now many people who are buying on tips are talking about DRBHICOM!!



Saturday Morning

Uncle A : This counter seem good and goreng

Uncle B : Wah really ah, this monday will go buy 10 lots..




Really respect this uncle all buy stock on instinct and tips..


Observation
1) Trendline - Uptrend Bullish
2) Formed lower high - bearish
3) MACD -  4R1G and bullish crossover (Bullish)
4) RSI - heading toward 70% and rebound from 50% (Bullish)
5) Sto -Bullish crossover and rebound from  50% and K% broke 80% (Short term bullish)
6) ADX - weak momentum and bullish
7) Candle Stick -  bullish engulfing ( Bullish)
8) Chart Pattern - Symmetrical Triangle Break out ( Bullish) Target at 2.54

Conclusion
Just broke out from Symmetrical Triangle and if volume is above 3.9 Million with increase price high chances to follow the breakout


Entry Price 2.34
Resistance at 2.5
Support at 2.28

DRB HICOM blast off...

Those who saw my buy call and let hope everybody follow the rules of the stop loss at 2.17 and since it did not touch let keeps it hehe.. look like it may go up

Observation
1) Trendline - Uptrend Bullish
2) Formed higher low- Bullish
3) MACD -  4R1G Bullish
4) RSI - above 50% (Bullish)
5) Sto -waiting Bullish crossover and wait to rebound above 20%
6) ADX - weak momentum and bearish
7) Candle Stick -  bullish engulfing ( Bullish)
Conclusion
Could be a potential profit counter


Entry Price 2.26
Resistance at 2.41 & 2.5
Support at 2.17

DRB HICOM second round up?

Observation
1) Trendline - Uptrend Bullish
2) Formed higher low- Bullish
3) MACD - Kissing and waiting for 4R1G. If tomorrow white candle then it is 4r1G
4) RSI - waiting for confirmation rebound above 50%
5) Sto -waiting Bullish crossover and wait to break above 50%
6) ADX - weak momentum and bearish
7) Candle Stick -  bullish engulfing ( Bullish)
Conclusion
Could be a potential profit counter


Entry Price 2.26
Resistance at 2.41 & 2.5
Support at 2.17

DRB HICOM going up

As mention before about the DRBHICOM, it went up pretty good :)

Observation

Observation
1) Trendline - Uptrend Bullish
2) Formed higher low- Bullish
3) MACD - Formed 4G1R  and Bullish Crossover ( Bullish Reversal)
4) RSI - above from 50% ( Bullish)
5) Sto - Bullish crossover ( Bullish)
6) ADX - weak momentum and bearish
7) Candle Stick -  white candle bullish

Conclusion
Could be a potential profit counter


Entry Price 2.26
Resistance at 2.48
Support at 2.08

DRBHICOM GOOD CHANCES

 

Observation

Observation
1) Trendline - Uptrend Bullish
2) Formed higher low- Bullish
3) MACD - Formed 4G1R ( Bullish Reversal)
4) RSI - above from 30% ( Bullish)
5) Sto - Bullish crossover ( Bullish)
6) ADX - weak momentum and bearish
7) Candle Stick - awaiting for bullish engulfing ( white candle) or doji

Conclusion
Could be a potential profit counter


Entry Price 2.26
Resistance at 2.48
Support at 2.08

DRHICOM also affected by Tsunami

DRBHICOM formed a lower high and with a black candle stick..

Take Profit it it hit below 1.85

DRBHICOM rebound but watchout

Observation
1) Trendline - Downtrend  ( Bearish)
2) Formed lower low - Bearish and if break 2.19 then different story
3) MACD - Going up Bullish but beware
4) RSI - Going up and testing 50% ( Bullish)
5) ADX - Bearish and low momentum
6) Sto - Bullish

Conclusion
Watchout the resistance at the 20D ma at 1.99. If there is any reversal here, better take back your losses..

If still goes up hold the profit until any reversal Candlestick or 4G1R signal at MACD

DRBHCOM another fallen counter

Ouch.. Very painful, another counter broken the support and make me loss money. Sold all at 1.84 after broke the 1.87 support

Next support at 1.7 (S1) , 1.65 (S2) and 1.59 (S3)

DRBHICOM forming double top..

Observation
1) Trend Line - Downtrend Line (Bearish) and let wait for the the breakout to accumulate
2) HH - Formed Lower Low ( Bearish)
3) MACD - Bearish Crossover (Bearish) and let wait for 4R1G on  the next 3 days ( Wednesday - 2 March)
4) RSI - Testing the support at 50% and retracing ( Bearish)
5) ADX - Weak momentum and the Bull and Bear are fighting.. (Waiting for confirmation)
6) Pattern - Formed a weak double top and retracing ( Bearish)
7) Candlestick - Formed a weak Doji Harami below the midline of the black candle stick ( Waiting for confirmation)

Conclusion
This time there will be 2 entry price

1) Risky Entry Price
Entry Price - 1.93 ( Once this rebound from the 1.89 support with MACD signal 4R1G)
Stop Loss - 1.86
Take Profit  - 2.02 (R1) and 2.19 (R2)

Risk and Reward Ration (3R)
a) Based on 2.02 (R1)
3R = 1.29  - Average Reward

b) Based on 2.19 (R2)
3R = 3.71  Good Reward


2) Safe Entry Price
Let wait until it break up above the black candle stick for Bullish Harami Confirmation
Entry Price - 2.11
Stop Loss - 2
Take Profit - 2.19 (R1) and 2.27 (R2)

Risk and Reward Ration (3R)
a) Based on 2.19 (R1)
3R = 0.73 ( Not good reward * Reject) Must be above 1 then only is good 1 to 1 odds


b) Based on 2.27 (R2)
3R =1.45 ( Normal Reward)


uy Call in Forum..  (Do not forget to view here for daily Stock Picks)
http://edwinextremebullrun.blogspot.com/search/label/FORUM

DRB HICOM Vrooom... Part 2

Let hope DRB HICOM continue to Vroom up up with good KLSE market Sentinment

Observation
1) Trend Line - Sideways
2) HH - Formed Lower High at 2.22 ( Bearish)
3) MACD - Bearish and formed 4G1R ( Bearish)
4) RSI - Broke Below 50% and retracing ( Bearish)
5) ADX - Good Momentum and Bullish

Conclusion
Entry Price - 2.09 if KLSE market Sentiment green will push the stock up.
Stop Loss  - 1.88
Take Profit - 2.22 (R1) , 2.27 (R2) and 2.38 (R3)

Yahoo.. Ang Pow Money in 1 day... DRBHICOM

Beside buying the DRBHICOM 2.08 100lots, i was thinking why not going for a small game for quick money because need to pay my road tax today..



During the last minute yesterday i bought 500lots of DRBHICOM-CE at 0.185

and when i woke up it shoot up to 0.27 but by the time i want to sell it went down a little and manage to sell it at 0.25 500lots

Made RM 3068 Not Bad

                             YAHOO YAHOO

DRB HICOM Vrooom...

Wow finally after a long wait DRBHICOM manage be one of the big bulls again riding up..

Observation
1) Trend Line - Broke the Downtrend Line ( Bullish)
2) HH - Rebounded on previous higher low at 1.74 and going up (Bullish)
3) MACD - Awaiting for Bullish Crossover ( Awaiting COnfirmation)
4) RSI - Broke the oversold barrier and now at 48% ( Bullish)
5) ADX - High Momentum with Bullish Signal ( Bullish)

Conclusion
Stop Loss at 1.88

Take Profit at 2.26 (R1) and 2.37 (R2)

Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)
http://edwinextremebullrun.blogspot.com/search/label/FORUM

Buy buy DRBHICOM

As Posted previous Entry Price at 2.05

I manage to buy 100lots at 2.08 and waiting to sell above 2.27

Entry Price - 2.05
Stop Loss - 1.88
Take Profit - 2.27

Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)
http://edwinextremebullrun.blogspot.com/search/label/FORUM

Your Ad Here

DRB hicom potential

Watch for this counter - good chances to bull

Entry Price - 2.05
Stop Loss - 1.88
Take Profit - 2.27

DRB HICOM still downtrend

Not sure when will DRB stop bleeding and go up again. Still bearish and waiting for to enter again at once it go above 2