Wednesday, October 19, 2016

Bullish signal - INARI

Jason Technical Reading - Inari 

Found bottom at $3.320 and formed doji on triangle support line on yesterday, today build a litter white candle which is give an early signal of next swing up to test immediate resistance @ $3.43 just around the corner. Successfully break above it likely will visit $3.80. along the path should face resistance at $3.48/$3.66
Traders can take this opp to buy in near support(now) and profit target aiming at $3.58/3.63


Elliot Wave Reading

Wave 4 consolidation and forming ascending triangle, break above $3.43 should bring this stock price visit $3.80, which is wave 5 target.

Immediate support 

1. $3.30
2. $3.25
3. $3.20


Immediate Resistance 

1.$3.43
2.$3.48
3 $3.66


FA Analysis


 

Stop Loss

- Trader or investor may select own risk level to stop loss base on the  Support line I posted above. typical stop loss method is end of day close below the support level. 


KLSE Technical Analysis in FB
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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.




BTM Resource Bhd: It is ready to test $0.310 and moving upswing to $0.365/$0.485.

JASON's TECHNICAL READING

Stock price found bottom at $0.235 on last few trading days and bullish divergent was exhibited by MACD histogram, Volume was kicked in and prices break above immediate resistance @ $0.250 and correction downtrend trend-line was broken, these are an indication of bear was die off and young bull was born!
I am anticipate it will test immediate resistance and likely will move beyond $0.280 in near term, The target of $0.310 and $0.370 should reach in midterm.
Immediate Support zone at $0.250/$0.235 offer great opportunity to collect! I will scale in(add position) when it break above $0.280.

Elliot Wave count Study.

Short to midterm, obviously completed wave 2 structure which wave c was ended at $0.235 and wave 3 upswing just kick in. Wave 2 structure completion ended or 61.8% ($0.240). Target for wave 3 will be at $0.365/0.435.


Refer to the Elliot wave structure below and it indicate we are just ride on the wave 3 early stage 

Long term is formed diagonal wave 1 in big picture and wave 4 is ended with descending triangle, I am anticipate wave 5 was just kicked in which is heading to target of $0.560

 

4 stages Market trading

Just enter in to stage 2 which is mark up stages, I believed many investor or trader would not like to miss the early stage of prices moving up.

Target
1.) $0.310
2.) $0.365
3.)$0.485

Resistance
1.) $0.285
2.) $0.300-0.310(zone)
3.)$0.375.
4.)$0.405-0.420(zone)

Support
1.) $0.235/0.250
2.) $0.225/0.220
3.)$0.200

Stop Loss

- Trader or investor may select own risk level to stop loss base on the  Support line I posted above. typical stop loss method is end of day close below the support level. 


KLSE Technical Analysis in FB
The best avenue to get KLSE Technical Analysis education and trading Idea, Pls follow the 4 steps to enroll for it ! Free Of Charge.

1. Search KLSE Technical analysis in Facebook .
2. Like Us.
3. To ensure you not miss any update,Pls change “IN YOUR NEWS FEED” setting from defaults to See Fist .
4. To ensure you get instant alert when we release new article, Pls change “NOTIFICATION” setting from All off  to all on  



Those who already like this page. pls follow the step 3 and 4, so that you will get real time update from us and not miss out any important news and trading idea

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.



Monday, September 26, 2016

BTM Resource Bhd: It is ready to test $0.310 and moving upswing to $0.365/$0.485.

JASON's TECHNICAL READING

Stock price gap down 2 pips on 9th of Sept'16 which was posted a bearish implication, it drove price down further on following two days to fibo Retracement level at 50%, bottom seem to be found at this level at $0.250 because of stock traded side way and I also observed buying interests were back. I am anticipating prices likely will move up and fill the gap at $0.285, which is posting bullish implication. I believed it should test $0.310 in near term and moving upswing to $0.365/$0.485 in med term.
Immediate Support zone at $0.245 to $0.250, this zone offer opportunity to own this stock, I will collect more if weakness drive stock prices toward this level. Next support is $0.225/$0.220. I belived  traders or investors will pay attention in to it.

Elliot Wave count Study.

Obviously forming wave 2 structure and prepare wave 3 upswing. Wave 2 structure completion indication high probability happen at fibo level 50% or 61.8% , which is $0.255 and $0.240 respectively.
Prices move beyond $0.310 will be confirmation on wave 3, Target for wave 3 will be at $0.365/0.435

4 stages Market trading

Just enter in to stage 2 which is mark up stages, I believed many investor or trader would not like to miss the early stage of prices moving up.

Target
1.) $0.310
2.) $0.365
3.)$0.485

Resistance
1.) $0.285
2.) $0.300-0.310(zone)
3.)$0.375.
4.)$0.405-0.420(zone)

Support
1.) $0.240-0.250
2.) $0.225/0.220
3.)$0.200

Stop Loss

- Trader or investor may select own risk level to stop loss base on the  Support line I posted above. typical stop loss method is end of day close below the support level. 


KLSE Technical Analysis in FB
The best avenue to get KLSE Technical Analysis education and trading Idea, Pls follow the 4 steps to enroll for it ! Free Of Charge.

1. Search KLSE Technical analysis in Facebook .
2. Like Us.
3. To ensure you not miss any update,Pls change “IN YOUR NEWS FEED” setting from defaults to See Fist .
4. To ensure you get instant alert when we release new article, Pls change “NOTIFICATION” setting from All off  to all on  



Those who already like this page. pls follow the step 3 and 4, so that you will get real time update from us and not miss out any important news and trading idea

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.




Monday, September 19, 2016

Century: Prepared to Break $1.14 and heading to Med term target of $1.35/$1.65.

JASON's TECHNICAL READING

Stock prices spike up with volume on 7th/Sept/2016 and break immediate strong resistance $0.925/$0.950 respectively and close the gap which was build on last year August. this is one of the signal of bull ran may just kicked in, the bull ran signature were exhibited in such higher high and higher low was formed.
Immediate support found at $0.920 and next support showed on $0.860/$0.800 which is offer opportunity for investor to collect if any correction further.

Elliot Wave Count Study

It demonstrated Three consecutive wave 3 pointing to uptrend, which is offer very good probability of the stock will move up further,  the target for 1st wave 3 is $1.12/$1.33 and the 2nd and 3rd wave 3 target is $1.65/$2.35.


Retail traders can take opp to ride the wave 3 in short term target $1.12 and Med term investors can aim $1.25/$1.35

Market Makers may see some pressure on $0.965-$0.975. once those seller get rid off, it should have smooth sailing to test $1.12. Break $1.15 will make new high!!! sky is limit !!!

Key Support
$0.920/$0.860/$0.800/$0.750

Key Resistance
$1.05/$1.15

Target
Short Term Target
$1.12/$1.25

Med Term Target
$1.33/$1.65

 Long Term Target
$2,35

Stop Loss - Trader or investor may select own risk level to stop loss base on the  resistance line I posted. which is $0.860/$0.800/$0.750. typical stop loss method is end of day close below the support level. 




KLSE Technical Analysis in FB
The best avenue to get KLSE Technical Analysis education and trading Idea, Pls follow the 4 steps to enroll for it ! Free Of Charge.

1. Search KLSE Technical analysis in Facebook .
2. Like Us.
3. To ensure you not miss any update,Pls change “IN YOUR NEWS FEED” setting from defaults to See Fist .
4. To ensure you get instant alert when we release new article, Pls change “NOTIFICATION” setting from All off  to all on  



Those who already like this page. pls follow the step 3 and 4, so that you will get real time update from us and not miss out any important news and trading idea

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.






Sunday, September 4, 2016

ANN JOO Resource Heading to Med Term Target of $2.40/$3.00

Jason's Technical Reading 

Stock price gap up on 16th/Aug/16 which was driven by good quarter results, It's open high at $1.85 but ending with bearish black candle and closed at $1.70 with ultra high volume. these signal posted me either is buying climax or selling sizzling ? I am anticipating is selling sizzling because it was supported by the seller exhaustion signal, likely bull ran will resume very soon.

Immediate support found at $1.65 right after the gap was filled between $1.64-$1.70. It is exhibited evident of strong support characteristic, price was rejected twice while bear attempted to break it. I am foresee buyer willing to buy more if prices back to the support zone.

I am foresee stock price likely will test and break immediate resistance at $1.88 due to the fact of  recent prices movement steady climbing up and showed strong buying interest.

Elliot wave count study.

It demonstrated two consecutive wave degree pointing to uptrend, which is primary and intermediate wave degree(wave 3 and 5 respectively). The target of primary wave(Institutional traders) is $2.05/$3.20  and Intermediate wave(Long Term Investors) is $2.40/4.45.
Retail traders can take the advantage of the ride and pay attention to the key resistance line.



Target 

1.)$2.05
2.)$2.65
3.)$3.20


Key Resistance Line

1.)$2.06
2.)$2.25
3.)$2.64(Key)
4.)$3.00
5.)$3.25

Support Line

1.)1.70
2.)1.65
3.)1.45(key resistance)

Overhang Trading Zone 

1.)$2.05- $2.25
2.)$3.00- $3.25

These zone will post selling pressure to Market makers who want to move this stock higher, pay attention on it

Stop Loss

- Trader or investor may select own risk level to stop loss base on the  resistance line I posted. which is $1.70/$1.65/$1.45. typical stop loss method is end of day close below the support level. 



KLSE Technical Analysis in FB
The best avenue to get KLSE Technical Analysis education and trading Idea, Pls follow the 4 steps to enroll for it ! Free Of Charge.

1. Search KLSE Technical analysis in Facebook .
2. Like Us.
3. To ensure you not miss any update,Pls change “IN YOUR NEWS FEED” setting from defaults to See Fist .
4. To ensure you get instant alert when we release new article, Pls change “NOTIFICATION” setting from All off  to all on  



Those who already like this page. pls follow the step 3 and 4, so that you will get real time update from us and not miss out any important news and trading idea

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.





Wednesday, July 6, 2016

US and Japanese bond yields sink to record lows

Treasury yields hit record lows on Tuesday followed by a slide in the Japanese long bond yields to record lows today as investors continue to pour money into safe haven assets after Britain’s vote to leave the EU.

Sunday, July 3, 2016

Malaysia Market is Inflation or Deflation ? - Part 2

Deflation is a general decline in prices, often caused by a reduction in the supply of money or credit. Deflation can be caused also by a decrease in government, personal or investment spending. The opposite of inflation, deflation has the side effect of increased unemployment since there is a lower level of demand in the economy, which can lead to an economic depression. Central banks attempt to stop severe deflation, along with severe inflation, in an attempt to keep the excessive drop in prices to a minimum. The decline in prices of assets, is often known as Asset Deflation


Saturday, July 2, 2016

Malaysia Market is Inflation or Deflation ? - Part 1

Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage increase. As inflation rises, every dollar you own buys a smaller percentage of a good or service.

The value of a dollar does not stay constant when there is inflation. The value of a dollar is observed in terms of purchasing power, which is the real, tangible goods that money can buy. When inflation goes up, there is a decline in the purchasing power of money. For example, if the inflation rate is 2% annually, then theoretically a $1 pack of gum will cost $1.02 in a year. After inflation, your dollar can't buy the same goods it could beforehand.




Friday, July 1, 2016

Trading Psychology 101

Now that you’ve studied the basics of technical and fundamental analysis, as well as the importance of proper risk management techniques, it’s about time to take a look at another crucial component of trading success: trading psychology.

While the basic trading  concepts allow you to spot profitable trade setups and risk management enables you to limit your exposure or maximize your gains, trading psychology ensures that you maintain the right mindset during a trade and throughout your trading career.

Trading psychology allows you to stay focused even in the middle of a long losing streak and gives you confidence to bounce back from a large drawdown. It enables you to keep a clear head and manage your expectations when you’re having a good run. This is what separates seasoned trading pros from beginners, as proper trading psychology makes you focus on the process and not the profits.

As with professional athletes that also have a sports psychology mentor that helps them keep their head in the game, traders also need guidance when it comes to having the right frame of mind, especially during ever-changing market situations. In a fast-paced trading environment, one can easily get distracted or stressed in trying to make money, but trading psychology ensures that one is focused on staying disciplined or keeping a level head.

With the right trading psychology, one can be able to step back and take a look at the bigger picture of one’s trading endeavor instead of zooming in to winners or losers. Too often, a losing trade can dampen one’s confidence and destroy one’s focus for the next trade setups. Similarly, a winning streak can lead to overconfidence and also ruin one’s focus moving forward.

What’s interesting about trading psychology is that it is a constant learning experience. While mastery of basic forex techniques such as market analysis or building on winning positions is possible, trading psychology takes a long time to master and even the best traders out there do need a little guidance every now and then.

It doesn’t matter at what stage you are in your trading career. Even if you’re a beginner just learning the ropes or an expert trader managing multiple trade positions, one’s trading performance and overall well-being could benefit from trading psychology tips.

Sunday, June 19, 2016

GENETEC(0104): Major Key Reversal Up Just Around The Corner !

Now there are 4 consecutive wave degrees in a down trend that have a probability of completing
five waves! For picking a bottom this is a first alert. The more patterns of different wave degrees show 5 waves that are completing,  the higher the probability that a major reversal is just around the corner.


This is an early warning so prices could still decline further if the patterns extend, I check other
indications of an ending trend as well. I used bullish divergent to support and validate the wave 5 down should end and potential reversal should kick in anytime, the chart below is show MACD signal line formed bullish divergent.


Active traders should focus on smaller wave degrees starting from Minor or minute. I am the impulse wave 1 should kick in and heading to $1.16/$1.20/$1.60.
My Trading plan, I am collected some and will buy more near support which is $1.03/$1.00. I will stop loss if break and End of Day Close below $1.00 and I will lock partial profit along the resistance line and full profit at $1.26.

Education
What is Wave 5 for down trend market ?

Wave 5: Wave five is the final leg in the direction of the dominant trend(down trend). The news is almost universally negative  and everyone is bearish. Unfortunately, this is when many average investors finally sold , right before the bottom. Volume is often lower in wave five than in wave three, and many momentum indicators start to show divergences (prices reach a new high but the indicators do not reach a new peak). At the end of a major bear market, bulls may very well be ridiculed .





















KLSE Technical Analysis in FB
The best avenue to get KLSE Technical Analysis education and trading Idea, Pls follow the 4 steps to enroll for it ! Free Of Charge.

1. Search KLSE Technical analysis in Facebook .
2. Like Us.
3. To ensure you not miss any update,Pls change “IN YOUR NEWS FEED” setting from defaults to See Fist .
4. To ensure you get instant alert when we release new article, Pls change “NOTIFICATION” setting from All off  to all on  



Those who already like this page. pls follow the step 3 and 4, so that you will get real time update from us and not miss out any important news and trading idea

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.



Sunday, May 29, 2016

Puncak(6807): 5 consecutive wave degree show a clear POSITIVE trend ! What am I waiting For ?

My Trading Plan 
This is a very positive signal! because have 5 consecutive wave degrees show a clear POSITIVE trend  also indicates that the target has not yet been reached. More and more wave degrees showing a positive trend increases the probability of strong acceleration!
This signal applies to Institutional investors, Institutional trader and long term investors for price moves of possibly 30% or more, since Primary, Intermediate and Minor Wave degrees are all up. below is the Investors/Traders plan base on Elliot wave count, I will collect more on weakness near $1.20 and Scale in more when breakaway from $1.26 because I am anticipate it will reach target of $1.30/$1.37/$1.49 progressively.


Type signal                   : Retrace, Aggressive
Applies to     : Institutional  Investors
Conservative Target       :$2.80
2nd Target                     :$3.90
Wave degree (1st) :Cycle
Late Exit Alert              :$0.50(close below)
Earlier Exit Alert :$0.50(close below)

Type signal                   : Retrace, Aggressive
Applies to       : Institutional  Traders
Conservative Target      :$1.64
2nd Target                    :$1.93
Wave degree (1st)  :Primary
Late Exit Alert             :$1.00(close below)
Earlier Exit Alert :$1.00(close below)

Type signal                   : Retrace, Aggressive
Applies to       : Retail Trader/Retail Investors /Position Traders
Conservative Target       :$1.30/1.37
2nd Target                     :$1.49
Wave degree (1st)  :Intermediate/Minor/Minute 
Late Exit Alert              :$1.10(close below)
Earlier Exit Alert :$1.14(close below).

Elliot Wave Count Study 
Weekly chart - Wave 2 correction ended at $1.00,  Cycle wave apply to Institutional Investors, it show wave 3 kicked in, typical target 100% and 161.8% of fibo expansion, which is $2.80/$3.9.


This chart is 2nd level detail of Cycle wave, it show wave 2 end with WXY, which is Double ZZ.


Primary wave in Daily chart which is apply to Institutional trader- Wave 2 correction end at $1.15. Wave 3 kick in heading to target of fibo extension 100%/161.8%, price $1.64/$1.93.


Intemediate wave in Daily chart which is apply to Investors- Wave 2 correction end at $1.17. Wave 3 kick in heading to target of fibo extension 100%/161.8%/261.8 price $1.30/$1.37/$1.49.


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.

Tuesday, May 24, 2016

LEESK(8079): It ready to break $0.320 and heading to $0.340/$0.360











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.

Monday, May 23, 2016

Bison(5275): Wave 3 bull rally was resume ! I am anticipating the new high is on the way of making ...

Trading plan.
I am bought in this stock because of  wave 3 breakout happen on 17/5/2016 with volume, immediate support found at $1.35 on recently correction. Technical perspective, this stock is ready to break $1.48 and make new high to reach $1.59 in near term and $1.89 in med term, which is fibo extension 161.8% and 261.8% respectively. Any weakness toward $1.35 is offer opportunity to collect this stock.I will scale in more when break $1.48, I will stop loss if end of day close below $1.29.



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.

Friday, May 20, 2016

Start of the Trend

One of Dow's principle beliefs was that volume confirmed trends in price. He maintained that if a price was moving on low volume, then there could be many different reasons. However, when a price move was associated with high or rising volume, then he believed this was a valid move. If the price continued moving in one direction, and with associated supporting volume, then this was the signal of the start of a trend

Tuesday, May 10, 2016

Maybulk(5077). Three reason why I bought in today base on Technical Justification

My Trading plan
I bought in today for swing trading, my target of this stock is $0.940/$1.00/$1.22 and possible of $1.51 for med term, I will lock partial profit along the resistance line and full profit at the target. my Stop Loss is end of day close below $0.740. I had three main reason and technical justification for me to enter in to this trade.

Technical Justification 
1st Justification.  25th of March'15 breakout away from downtrend trend-line and supported by bullish convergent, it is early sign of down trend is ended, side way market was kicked in.

2nd Justification. Elliot wave perspective show significant clear wave count, correction wave 2 was ended and bottom was found at $0.740. this was supported by bullish engulfing.











3rd Justification . Weekly chart formed morning star and it is second affirmation of reversal signal on longer period, mean more reliable signal.


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.

Sunday, May 8, 2016

RAYA(0080) I buying before an upward acceleration takes place and will scale in more...







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.