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Friday, September 30, 2011

Dialog has a technical Buy




Observation
1) Trendline - downtrend- (Bearish)
2) Formed lower low  - (Bearish)
3) MACD -4R1G (Bullish)
4) RSI - heading towards 30% (Bullish) - Start of Bull Run
5) Sto - Formed Bullish Crossover and broke above 20% (Bullish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick -Hammer on 23/9 and Bullish Engulfing on the 29/9(Bullish)
8) Volume Distribution- Buying Pressure high  ( Bullish)






3Points







      5 Points





Conclusion



Winner BULL



Entry Price 2.21
Resistance at 2.27,. 2.39,2.5 and 2.79
Support a 2.11




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

Thursday, September 29, 2011

Ann Joo has a Technical Buy


Currently if you have noticed, volume is starting to pickup on this tortoise stocks which has very low volume Interested is there, is there any news of Take Over or some big project that insiders knows but we do not know.

Good thing about TA, it will shows if a counters starts to gain volume easily







Observation
1) Trendline - downtrend- (Bearish)
2) Formed lower low  - (Bearish)
3) MACD -Bullish Crossover (Bullish)
4) RSI - heading towards 30% (Bullish) - Start of Bull Run
5) Sto - Formed Bullish Crossover and broke above 20% (Bullish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick -2 white clouds after spinning top(Bullish)
8) Volume Distrubtion- Buying Pressure high over the past few days ( Bullish)








4Points







      5 Points





Conclusion



Winner BULL



Entry Price 2
Resistance at 2.08.2.15,2.28 and 2.54
Support a 1.89




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

Dow Jones on 29 September


Today Dow Jones will have 2 main highlights
1) German Parliament Vote for Greece Bailout  == Passed !!
2) GDP for USA, if above 1.2 up up = It is 1.3% Passed !!

With this today Dow Jones might shoot up again








Observation
1) Trendline - downtrend- (Bearish)
2) Formed lower low  - (Bearish)
3) MACD -Bullish Crossover (Bullish)
4) RSI - Broke above 30% (Bullish) -
5) Sto - Formed Bullish Crossover and broke above 20% (Bullish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick -Dark Cloud (Bearish)
8) Global Factor - German Support Yes for Greece Bailout ( Bullish)
9) USA GDP - 1.3% meet expectation ( Bullish)






4Points







      5 Points





Conclusion



Winner BULL

WIth good news, let hope Dow Jones will take this opportunity to break the previous high to form higher high to show a strong bull trend

Entry Price 11560
Resistance at 11706 and 11884
Support a 11015




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

Germany Vote YeS!!

ERLIN (AP) -- German lawmakers on Thursday overwhelmingly approved expanding the powers of the eurozone bailout fund, a major step toward tackling the sprawling debt crisis, in a vote that also helped strengthen Chancellor Angela Merkel's coalition government.
The measure had been largely expected to pass the lower house of parliament, but a lively debate ahead of the vote reflected how divided Germans remain over their role as Europe's economic power.
Of 611 lawmakers present, 523 voted in favor, while 85 voted against it. Only three lawmakers abstained, meaning that Germany in the future will be guaranteeing loans to the bailout fund, the so-called European Financial Stability Facility, or EFSF, of up to euro211 billion, rather than euro123 billion so far.
The vote had highlighted tensions in Merkel's center-right coalition that was strained by threats of dissent from many members who balked at the cost of propping up the eurozone's strugglers.
Opposition leaders had said going in that if Merkel's coalition has to rely on their votes, it would be a sign that her strife-prone and increasingly unpopular government is finished.
Yet after a night of intense lobbying, a majority of coalition members -- 315 -- voted in favor of the measure, enough to have ensured its passage even without opposition support.
"This shows the clear determination of the coalition on this issue," Rainer Bruederle, parliamentary leader of Merkel's junior partner, the Free Democrats, told n-tv broadcaster after the vote. "We have made an important decision for Europe."
Yet Frank Schaeffler, also of the Free Democrats, argued that bailout measures have worsened Greece's economic situation.
"Despite all arguments, the first bailout did not make the situation for Greece better, but worse," Schaeffler said. "Expanding the fund will make the situation even worse."
The lawmakers -- under close scrutiny from jittery markets -- were voting on European leaders' decision in July to increase the effective lending capacity of the fund to euro440 billion ($595 billion) and give it new powers, such as buying the bonds of shaky countries or lending money to governments before they get into a full-blown crisis.
Though Merkel described the euro ahead of the vote as "our common future" and said approving the beefed-up bailout fund was "of the very, very greatest significance," discussions went deep into the night Wednesday, in an attempt to win over dissenting members of her governing coalition.
On Wednesday, Finland voted in favor of expanding the fund's powers despite earlier threats to pull out of a rescue plan for Greece.
The fund expansion has to be ratified by all 17 eurozone nations to take force.
Germany's upper house of parliament is expected to pass the measure on Friday.
Geir Moulson contributed to this story.

KLSE on Sept 29





Hmmm.. Hope it is not a bear wearing a bull costume ( Bear Trap). Dow Jones broken after 3 days of bulls and starts to decline again and will this affect the Asia Market and KLSE?











Observation
1) Trendline - downtrend- (Bearish)
2) Formed lower low  - (Bearish)
3) MACD -Below 0 but 3R1G (Bullish)
4) RSI - Going to reach 30% (Bullish) - and break above it will be a Buy Buy Signal
5) Sto - Formed Bullish Crossover and heading toward 20% (Bullish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick -Hanging man after a white candle (Bearish) Something which gave a bull run a full stop!!





4Points







      3 Points





Winner Bear ( Throw down wrestling style)


As mention before we still not sure it is a confirm long bull run which we are looking for Higher high and higher low but USA market did badly this morning which might affect the Asia Market too.

Entry Price 1371
Resistance 1397 and 1424
Support at 1352 and 1342

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



Wednesday, September 28, 2011


With this short term bull, BAC starts to hanging on the support and try to turn around to become bullish. Is BAC consider cheap now?











Observation
1) Trendline - downtrend- (Bearish)
2) Formed lower low  - (Bearish)
3) MACD -Bullish Crossover  and 4R1G (Bullish)
4) RSI - Broke above 30% but retrace slightly (Bullish) -
5) Sto - Formed Bullish Crossover and broke above 20% (Bullish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick -Dark Cloud (Bearish)






4Points







      3 Points





Winner Bear ( Throw down wrestling style)
 
This counter need to strongly break above the resistance 6.93 for any chances to bull
 Entry Price 6.96
Resistance at 7.49( Gap Down) and 7.91
Support a 6.5
 
Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)
http://edwinextremebullrun.blogspot.com/search/label/FORUM

Dow Jones on 28 September




Observation
1) Trendline - downtrend- (Bearish)
2) Formed lower low  - (Bearish)
3) MACD -Below 0 but 4R1G (Bullish)
4) RSI -  rebound from 50% (Bearish) -
5) Sto - Formed Bullish Crossover and heading toward 20% (Bullish)
6) ADX - high momentum and Bearish( Bearish) but the red and blue are getting closer
7) Candle Stick -Inverted Hammer (Undetermined) if today candle is good it will show a good continuation process





4Points







      3 Points





Winner Bear ( Throw down wrestling style)
 
Still need to be cautious in trading because the fluctuation of the signal shows that still is some uncertainty whether it is a starting of a bull or a Bear wearing a Bull Costume.
 Entry Price 11560
Resistance at 11706 and 11884
Support a 11015
 
Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)
http://edwinextremebullrun.blogspot.com/search/label/FORUM

CIMB have a technical buy if break 6.96



Since Dow Jones is up for consecutive 2 days, we highly believe KLSE will follow the global bull rush together and again CIMB will be always proportional with the KLSE index which most highly to follow the trend.









Observation
1) Trendline - downtrend- (Bearish)
2) Formed lower low  - (Bearish)
3) MACD -Bullish Crossover (Bullish)
4) RSI - Broke above 30% (Bullish) -
5) Sto - Formed Bullish Crossover and broke above 20% (Bullish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick -Hammer with Bullish Engulfing (Bullish) Sweet!!





3Points







      4 Points





Conclusion



Winner BULL

If KLSe goes up and together CIMB break the resistance at 6.94~6.96 it will be a good go for a short punt

Entry Price 6.96
Resistance 7.33 and 7.67
Support at 6.8 


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



Tuesday, September 27, 2011

Amedia Short Term Punt Possible



Observation
1) Trendline - downtrend- (Bearish)
2) Formed lower low  - (Bearish)
3) MACD -Below 0 but 3R1G (Bullish)
4) RSI - Broke above 30% (Bullish) -
5) Sto - Formed Bullish Crossover and heading toward 20% (Bullish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick -Bullish Doji (Bullish)





3Points







      4 Points





Conclusion
Winner Bear ( Throw down wrestling style)

 
This requires a very cautious play and for day trading
Entry Price 0.25
Resistance at 0.265 and 0.285
Support a 0.23
 
 
 
Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)
http://edwinextremebullrun.blogspot.com/search/label/FORUM

KLSE back in business .. Short Term or Long Term?


Everybody must be excited and talk about stock now because it is bullish but not sure whether short term or long term.. Why Short Term, because Europe just mention they will propose a plan to help Greece but will it succeed this time or will it happen again? No one will know about it so let just follow the trend whether it is short or long term..









Observation
1) Trendline - downtrend- (Bearish)
2) Formed lower low  - (Bearish)
3) MACD -Below 0 but 3R1G (Bullish)
4) RSI - Going to reach 30% (Bullish) - and break above it will be a Buy Buy Signal
5) Sto - Formed Bullish Crossover and heading toward 20% (Bullish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick -Hammer with Bullish Engulfing (Bullish) Sweet!!




3Points







      4 Points





Conclusion



Winner BULL

Broke the Resistance at 1352 and sky rocket up and close at 1364. With this momentum it may reach to the next resistance at 1370 and 1397





Entry Price 1371
Resistance 1397 and 1424
Support at 1352 and 1342



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

KLSE view on Sept 27

After a good rebound from KLSE at the support line at 1312 and also a rebound in US and Europe Market, there might be a small possible to see some gains today at KLSE index








Observation
1) Trendline - downtrend- (Bearish)
2) Formed lower low  - (Bearish)
3) MACD -Below 0 and Bearish Crossover ( 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 -Hammer (Bullish) but need to see a doji before action is taken



6Points







      1 Points



Conclusion
Winner Bear ( Throw down wrestling style)

We saw a good rebound on the support at 1313 and went back up to 1331
Entry Price 1342
Resistance at 1352, 1394 and 1422
Support a 1313 and 1297
Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)
http://edwinextremebullrun.blogspot.com/search/label/FORUM

Monday, September 26, 2011

Dow Jones Head n Shoulder Bearish Detected


Dow Jones Chart is showing signs of Panic Selling and if not mistaken there is a Head And shoulder Pattern detected and possible breaking below 10000 support level








 


 Observation
1) Trendline -Downtrend- (Bearish)
2) Formed lower high- (Bearish)
3) MACD -4G1R(Bearish)
4) RSI - Broke below 50% (Bearish) -
5) Sto - Formed Bullish Crossover and heading towards  20% (Bearish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick - Long Black Candle after a hanging man and shooting star (Bearish)
8) Chart Pattern - This shows a weak short term Head and Shoulder pattern which may lead to go down by another 550 points to 9651. Quite Scary if it break below the Psychological Support line at 10K.





8 Points







      0 Points



 
Conclusion
Winner Bear ( Throw down wrestling style)

It has broken the 10818 Support line ( Head and shoulder pattern line) and potential heading south to 99500. Time to short if break below the next support line at 10576

Resistance at 11895 and 12205
Support at 10576, 10365 and 10155
 
Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)







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