
Sporeguy, Yes we understand that "TA involves not only RSI, Accumulation/Distribution, Chaikin, Bollinger Bands and Williams %R" . Otherwise the plethora number of other TA terms won't exist. Singaporegal has in many occassions said that that's not all, but that's what works for her. She enters and exits in Short term, if you don't already know that.
I feel that TA involves not only RSI, Accumulation/Distribution, Chaikin, Bollinger Bands and Williams %R which are basically short term indicators but must also involve wave theory for longer term outlooks. Some of the indicators in the SJ charts does not allow change of time frame (which is very important as it may different for different types of counters).
Singaporegal: Thanks for that. Do u think you could explain on how do we see William%R, Chaikin, and how do we judge by using TA methods n we will know whether the stocks will go up or down? Sorry for asking so much questions as I am still learning from the stock market.
Any good books to recommend on TA? Thanks alot!
hi ksjlmp,
From TA charts, it may still be downtrending.
Yes, I use RSI to check for oversold/overbought status. I also make use of Accumulation/Distribution, Chaikin, Bollinger Bands and Williams %R.
From TA charts, it may still be downtrending.
Yes, I use RSI to check for oversold/overbought status. I also make use of Accumulation/Distribution, Chaikin, Bollinger Bands and Williams %R.
Hi Singaporegal, care to share your TA in this counter? Uptrend? Btw, how could we see whether the stock is on uptrend on TA method? U look at RSI? Thanks in advance for your explanation as I am pretty new to TA. Thanks.
It is a bull market, difficult to sell down by hiding.
Possible...could be 3.28 if too many hiding behind the scene..
buying vol is 3 times selling vol. So the price should end at $3.30 and above.
The stock was battered down from 3.44 last week to a low of 3.24 this week..TA chartists will tell you that the charts show a down trending, though not very obvious now..for today's trading, when "ask" volume was decreasing, it was immediately replenished with few hundred lots within a few seconds, hence, I called it "programme selling"..I'm vested since last week
Hi BullBear,
wat do u mean programme selling at 3.30? and y the big boys need to dispose at 3.30?
Is there a coming downtrend?
From your expenience and view on this counter. What your recommand to buy in?
Those vested in this counter: programme selling at 3.30 today!May end the day at 3.28 if didn't manage to dispose all at 3.30 by the big boys.
This counter sure worth accumulating...orders on hand to-date is 6.6bn which can last for 4 years!recent contract win:USD190M from Taiwan Offshore Group.Target price: $4.
Hi guys,
Any view in this counter?
Going up again?
Just discovered that Lum Chang also have two dropping windows from 09-13 Nov, but started to head NE since Mid-Dec. Is SembMar reacting to same pattern ?
Wonder whether CIMB 's analysis report (posted in this thread) is a self-prophecy causing a second falling window.
Just seen from the SJ chart 50MA cuts 100MA from above in Mid-Nov, but after that the price increase cause 50MA to rise, but recent fall in price caused both 50MA and 100MA to fall. Any further comment.
Thank you, ZhouYu.
In fact just discovered that we can use MA100 and even MA200 on SJ chart even though SJ gives about a year's data. 100 MA just begins to drop and the price is just about 200MA which is still uptrend. Can anyone comment on the use of 100MA and 200MA.
Hi Sporeguy
Price cross below 100 EMA for the 5 yrs chart from 2002-2007.
Sorry that I cannot paste my charting here.
VERY negative TA charting on this counter !!!!
TWO falling windows(Gapped down) occurred in a week. These gapping will serve as new resistance levels.
THree Lines Break Chart formed a down trend.
Happy Weekend :)
I was going to throw if it drops below $3.20. It stabilized.