I bough Eduspec(0107.KL) !!! Time to go up now ?

Elliott Wave Count 
In nutshell, Eduspec is in bullish wave implication base on Elliott Wave formation, I am pretty confident this stock is under "big boy" radar as the wave count on cycle is wave 5 and retracement is under intermediate, minute and minor wave count is under wave 3, which will attract med term and position trader in to the game !!!

I bough this stock at RM 0.345 and below is the target of various professional/traders/investor preferable target and stop loss point base on Fibo extension and retracement for my reference

Action                       : Long/buy 4 wave degrees uptrend
Type signal   : Breakout, consevertive 
Applies to     : Institutional investors
Conservative Target  : 0.400
2nd Target : 0.575
Wave degree (1st) : Primary (Wave 5)
Exit Alert                  : <0.22

Action                        : Long/buy 3 wave degrees uptrend
Type signal   : RETRACE, agressive
Applies to                  : long term investors
Conservative Target  : 0.390
2nd Target : 0.550
Wave degree (1st) : Intermediate ( Wave 2 ending and wave 3 start)
Exit Alert                  : <0.320.

Action                       : Long/buy 3 wave degrees uptrend
Type signal   : RETRACE, aggressive
Applies to     : Med term investors/Position traders
Conservative Target : 0.515
2nd Target : 0.725
Wave degree (1st) : Minor/Minute ( Wave 2 ending and wave 3 start)
Exit Alert                : <0.320

Action                      : Long/buy 
Type signal   : Combine all
Applies to     : KLSE TA
Very conservative Target: 0.380
Conservative Target: 0.390
2nd Target : 0.415
Wave degree (1st) : Minor/Minute ( Wave 2 ending and wave 3 start)
Exit Alert                : <0.320

Note: you may observed the Target for longer term price is lower than shorter term, that is because of the longer term investors/tradesr purchase prices is lower with the fibo extension calculation.

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.

SENDAI (5205) Correction is ended, next swing up to $0.835/$0.865/$0.90/$0.95.

Elliot Wave Count

The chart below is show 4 consecutive waves degree suggesting the stock is going up with strong up swing momentum, I am just draw out 3 wave degree to make the chart easy to read.

The main trend is primary degree, which will pulling institutional traders attention, follow by minor is med term investor and last is minute position trader. I like this trade is have 3 reasons

1. 3 consecutive waves degree is pointing to north is wave 3 breakout, it is most profitable trade and strongest and longest trend in Elliott wave theory, if trend is work out, well 
2. Smallest wave degree is wave 2 correction ending, which means wave 3 will begin soon, once it work out go beyond the territory of wave 1 peak, prices will accelerate speedy up, in this case, we had 4 consecutive wave 3 is pointing up, it will carry very meaning ride for Institutional traders.
3. 0.765 support tested many time and hold strong, it is typical signal to comfirm wave 2 is ending/ended, it make a trade here and stop loss below it will give very good risk to reward ration.

Trade plan 

Institutional Trader Trade Plan

Action : buy, 4 wave degrees uptrend

Type signal : Breakout, conservative

Applies to : Institutional Trader (Primary)

Conservative Target :0.865 

2nd Target :1.03

Exit Alert :0.730

Med Term investor Plan

Action : buy, 3 wave degrees uptrend

Type signal : Breakout, conservative

Applies to : Med Term investor(Minor)

Conservative Target :0.855 

2nd Target :0..955

 Exit Alert :0.730

Position traders Trade Plan

Action : buy, 2 wave degrees uptrend

Type signal : RETRACE, aggressive

Applies to : Future traders(Minute)

Conservative Target :0.860 

2nd Target :0.950

 Exit Alert :0.730

Jason trade plan.

Action :I Long/buy

Type signal : Retracement

Applies to : KLSE TA

Conservative Target :0.840/0.835

2nd Target :0.865

Late Exit Alert :0.730

Earlier Exit Alert :0.750

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.

(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.

ESCERAM (0100.KL) Under institutional investors Radar !!!

Elliott Wave Count

This is a very long term signal for institutional investors since it starts with the Cycle wave degree followed by the primary and Intermediate wave degree target is RM 0.435
The Target of the Intermediate wave degree(Long Term investor), which is in wave 3 is RM 0.375
The Target of the Minor wave degree(Med Term Investor), which is in wave 3 is RM 0.330
The Target of the Minute/Minuette degree(position traders and future trader),
which is wave 3 and the most conservative target to reach is RM 0.305.

That is 4 consecutive wave degree pointing to go up and it were carry a very bullish implication, given the correction was started last couple day ago, and T4 is on 18/3 which was forces sell day, it offer an opportunity for me to collect it. I take this trade at the price near support at  RM 0.265/0.255. I am anticipate the price will be halted above 0.265/270, at this zone demand will taking over and price will go up, once price reach 0.290 it should accelerating up to RM0.330.

 My Trade plan on ES Ceramics Technology

Action             : I Long/buy, 4 wave degrees uptrend
Type signal     : BREAK OUT,conservative
Applies to        : Institutional investors
Conservative Target       :$0.330
2nd Target                      :$0.370
Late Exit Alert      :$0.230
Earlier Exit Alert  :$0.245
Key support at      :$0.265/0.255.

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.

Benalec Holding Moving up to RM 0.895/0.950/1.120.

My Trade Plan
I bound it at when it touch RM 0.860/0.865 the short term down trend pivot point. Once this points been tested it is indication the correction is ended, price advance is just around the corner
My Entry : RM 0.860/0.865
I will collect more if the prices drop near RM 0.820/0/805
MY Stop loss < RM 0.780.
My Profit Target is RM 0.895/0.950/1.120

Technical Justification why I bought this stock

1.) Down trend Tend line was broken and it is 1st indication bear is weaken and bull is taken over.

2.) Hidden Bullish divergent formation showed and stochastic is crossing. it is 2nd indication of trend continuous up.
3.) Med and Short term down trend pivot been tested, it is one of the important signature for Elliot wave trader to identify correction or down trend is ended.

4.) Elliot wave 4 correction was ended with yesterday spike up and test the Wave b correction point, it confirm double ZZ will not come and high probability wave 5 uptrend is started.

All the above indication is bullish signature on this stock for ours learning, feel free to ask question through our telegram group.

---End of Report---

Enjoy learning and growth together:

Wise word I learn This week is "TA cannot make u rich/success in trading..Trading plan and Discipline will.."

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.

Euro Slides to 11-Year Low Before ECB; China Stocks Slip

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Asian stocks slipped on Thursday after Wall Street continued to pull back from record highs ahead of Friday's closely-watched U.S. jobs data, while the nervous euro languished at an 11-year low prior to the European Central Bank's policy meeting.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS shed 0.4 percent with Thai, Malaysian and Chinese stocks posting losses.

Still, optimism stemming from widespread monetary easing supported the region's other stock markets.

Japan's Nikkei .N225 edged up 0.2 percent and South Korea's Kospi .KS11 was up 0.2 percent.

"Foreigners are continuing their buying spree on the back of increased global liquidity after quantitative easing by the ECB," said Lee Kyung-min, economist at Daishin Securities Co in Seoul.

In line with such gains spreadbetters forecast a slightly higher open for Britain's FTSE.FTSE, Germany's DAX .GDAXI and France's CAC .FCHI.

Risk asset markets, shored up by liquidity provided by easing-minded central banks around the world, will have a chance to confirm the ECB's easing stance when it holds a policy meeting later in the session.

The ECB, which starts its quantitative easing (QE), or bond-buying, program of more than 1 trillion euros this month, is expected to detail the plan after the meeting.

Edgy before the ECB's announcement on details of its QE scheme, the euro fell as far as $1.1055 EUR=, a low not seen since September 2003.

"This (ECB 1 trillion euro program) would not be so euro negative if the Federal Reserve were doing the same thing but not only did the U.S. central bank end its QE last October, but they are looking to take the next step and raise interest rates," said Kathy Lien, managing director for forex strategy at BK Asset Management.

"It is the reminder of this divergence that has driven EUR/USD to fresh 11-year lows."

The euro's weakness helped the dollar index .DXY rise to a new 11-year high of 96.114. Expectations that the Fed would raise rates as early as summer have fueled the dollar's recent rally. The global markets will look to Friday's U.S. jobs data for further confirmation that the world's largest economy is recovering enough to justify a rate hike. Economists polled by Reuters projected U.S. payrolls grew 240,000 in February, following growth of 257,000 in January. ECONUS

The dollar rose 0.2 percent to 119.855 yen JPY, still some distance from a three-week peak of 120.27 struck earlier in the week thanks to a spike in U.S. Treasury yields. The 10-year Treasury note yield US10YT=RR was at 2.117 percent after edging up to a two-week high of 2.142 percent overnight. The Australian dollar received a slight lift when the Reserve Bank of Australia's deputy governor said the currency was much closer to an appropriate level than it has been for the past few years.

In commodities, U.S. crude oil CLc1 added to overnight gains, rising 0.4 percent to $51.73 a barrel, and Brent gained 0.1 percent to $60.59 a barrel LCOc1. The lack of a deal in talks over Iran's nuclear program allayed fears of an imminent rise in oil supply from the OPEC nation, supporting oil.

The euro held declines against most major peers as the ECB prepares to buy 60 billion euros of assets a month to counter slowing growth and the threat of deflation. Norway’s krone slid 0.5 percent, heading for a sixth straight drop, its longest losing streak since July.

German factory orders unexpectedly contracted in January from a year before, data today showed, while a similar gauge from the U.S. is due. Services growth in the euro area fell short of analysts’ estimates last month, in contrast to strong U.S. data, reports showed yesterday.

New Zealand’s dollar slipped 0.7 percent to 75.37 U.S. cents, while Australia’s currency was little changed at 78.09 U.S. cents. A stronger Aussie and lower interest rates than the economy would normally warrant are unavoidable in an environment of international policy easing, central bank Deputy Governor Philip Lowe said. The Aussie was up 0.1 percent at $0.7825 AUD=D4. The currency hit a six-year nadir of $0.7627 early in February after the RBA cut interest rates to a record-low 2.25 percent. The RBA stood pat on policy earlier this week, but observers expect it to cut rates again sooner or later.