Saturday, March 21, 2015

(0093.KL) SOLUTN is Heading to 0.300/0.315/0.330 and Beyond

Solution Engineering Holding Bhd Introduction 


Solution specialises in the design and development of teaching equipment for engineering education (SOLTEQ) such as chemical, mechanical, electrical and control engineering. Our products are utilised in public and private universities, university colleges, polytechnics, skilled training centers, advanced technical institutions and colleges.
Solution has pioneered a range of teaching equipment that are not only comparable to established brands in terms of technical capability and quality but also enhanced with computer interface for reliable and accurate experimental results.
We are also the exclusive distributor for QVF Engineering, a range of borosilicate glassware pilot plants and components for use in chemical engineering laboratories, R&D and industrial production. For process control automation and data acquisition systems, we are also an OPTO 22 and NEMATRON distributor.
The demand for quality education especially in specialised areas of engineering and skills training has created a demand for the latest generation of teaching equipment. Solution is able to provide some of these needs at reasonable cost. After sales service and spare parts are also easily available and affordable.
Our future plans include the development of multi-media software to complement teaching equipment which will speed up the student's learning curve.These modules will also be available for use on the INTERNET as part of a distance learning programme.


Elliott Wave  
Many professional traders are using Elliott Wave as a technical tool to identifying financial component direction, who are those traders ? what wave degree there are looking in to ?
Elliot wave have total 13 wave degree, which is from Grand super cycle, super cycle...minor, minutte ...  to Lv11 and Lv12.
In stock trading I am mainly focus on the Primary cycle, which is institutional trader level, I trade Forex market even go down to sub minuette (day traders) and Micro( scalper).

Stock Technical Analysis
The chart below daily trend, main trend is Cycle follow by primary wave degree, which is under Institutional investor and Institutional trader radars, This pattern(Primary wave degree is Institutional traders radar) defined as a TREND pattern in which wave 3 is Extended, it is most probable trend pattern to happen in Elliott wave,
it is often wave 1 length in time and prices is equal wave 5 when wave is extended.

Personally I bough this stock as it trend appear to be bullish not just on trend line it self, it does uplifted the angle, it means the acceleration and expectation from the investor on positive side of it was increased. It also form uptrend indication in such higher high and lower high

My Trade Plan
Action                 : I Long/buy,
Type signal   : RETRACE, aggressive
Applies to     : Jason Wong
Conservative Target       :0.295/0.315
Exit Alert                       :0.2450

Last trade plan
http://klseelwavetrading.blogspot.com/2014/11/solutn-0093-it-will-breakaway-from-0255.html

Institutional investors Plan
Action                 : buy, 5 wave degrees uptrend
Type signal    : RETRACE, aggressive
Applies to       : Institutional investors(cycle)
Conservative Target :0.345
2nd Target               :0.520
Exit Alert                 :0.185

Institutional Trader Trade Plan
Action                 : buy, 4 wave degrees uptrend
Type signal    : RETRACE, aggressive
Applies to       : Institutional Trader (Primary)
Conservative Target :0.320
2nd Target               :0.380
Exit Alert                 :0.245

Med Term investor Plan
Action                 : buy, 3 wave degrees uptrend
Type signal    : RETRACE, aggressive
Applies to       : Med Term investor(Minor)
Conservative Target :0.300
2nd Target               :0.340
 Exit Alert                :0.245

Future traders Trade Plan
Action                 : buy, 2 wave degrees uptrend
Type signal    : RETRACE, aggressive
Applies to       : Future traders(Minute)
Conservative Target :0.295
2nd Target                :0.350
 Exit Alert                 :0.245



Trading Challenge
Many people committed to buy stock is very easy, when come to profit taking and cut loss is one of the most difficult part in trading world, talking about profit taking is dealing with greed and stop loss is dealing with fear, cutting loss is a must in trading world because it stopping my capital continue to loss, in order to stay alive in trading world... it is a must !!! it is not an option, else I suggest you get out of the trading and you are not suitable.
I wanted to used simple example to share on the cut loss ... you bought an egg and prepare to used it for fry rice, some how you notice/suspect the eggs you pick was/may turn bad.... the question now is shall out throw/scrap the bad one and pick another .... or nevermind bet or hope the suspicious "bad" egg will be good and risk the good rice which is ready to cook ? you make the call... I am believed in order to win I got to know how to prevent I am loss in the market... if I notice I am wrong... I got to admit and cut the loss and make a next move.


As a reminder for myself
I am always remind myself If the trend is go again me and violated my SL limit, I will cut loss base on the risk preference.
Stop Loss is painful process because I making loss, but it is necessary to take it, it is very important because it protect my capital to ensure I am stay in the market.

DISCLAIMER:
Stock analysis and comments presented on klseelwavetrading.blogspot.com are solely for education purpose only. They do not represent the opinions of klseelwavetrading.blogspot.com on whether to buy, sell or hold shares of a particular stock.
Investors should be cautious about any and all stock recommendations and should consider the source of any advice on stock selection. Various factors, including personal or corporate ownership, may influence or factor into an expert's stock analysis or opinion.
All investors are advised to conduct their own independent research into individual stocks before making a purchase decision. In addition, investors are advised that past stock performance is no guarantee of future price appreciation.




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