Stock in Focus;AZRB / JHM / MMODE.

AZRB(7078)

Wave 3 uptrend in the way of making with substantial volume kick in on last couple of days, currently trade with in triangle and I am anticipate it should breakaway from it which is go beyond $0.675, it will carry very bullish signal as triangle breakout !!! It should heading to the target of $0.760/$0.880.

My Trading plan
If any weakness toward $0.650/$0.620 is offer me opportunity to collect
Short term SL <$0.600
Med Term SL <$0.550
My TP $0.760/$0.880.

JHM(0127)

Triangle breakout on yesterday and I am bought it at 0.505, immediate support right $0.500/$0.480.

My trade plan
If any weakness toward $0.500/0.480 is offer opportunity for me to collect.
Short term stop loss <$0.440
Med term stop loss <$0.410
My TP : $0.550/$0.635

MMODE(0059)

Bottom was found at 0.400 and today 1st bull candle was kick start with optimum volume and it was hit on the immediate resistance at $0.445, breakaway and stay above on it will bring price to test $0.465/0.485/$0.520.

My trade plan
If any weakness toward $0.420/0.400 is offer opportunity for me to collect.
Short term stop loss <$0.400
Med term stop loss <$0.400
My TP : $0.465/$0.485/$0.520.

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.

Sedania: Double Bottom on the way of making and heading to test $0.450/$0.480/$0.515

Summary

 It was rebound on last week and formed two bullish candle, it indicate prices bottom was found at $0.360. Pass history showed 3 white solders candle stick formation likely will happen(statistic data: 70% of probability will happen), once the 3 whites solders formation confirmed, likely it will heading to test $0.450/$0.480/$0.515 in near term. I can visualized double bottom formation is on the way of making too and heading to test the neckline of $0.520, prices break and stay above it will shift traders/investors's target to $0.660.

My Trading Plan 

I am anticipate price likely will test $0.450 and stay above it will move price to test $0.480 and $0.520 respectively, immediate support is $0.420/$0.400 which is offer me opportunity to collect if price correction. I will stop loss if price drop below $0.360.

Technical justification 

Candle sticks 3 white solders

Double bottom formation

Typical indicator analysis

1. Bullish Divergent on MACD histogram .
2. MACD and stoch  cross over
3. Volume is caching up which is indicate buying interest was back to move the stock go higher.
4. RSI stay above 50

Support resistance

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.

EITA(5206): It Is Ready To Test $1.59 And Heading To $1.80/$2.00

My Trading Plan

I bought in $1.40 and I will scale in more once the price move beyond $1.43,  because I am anticipate it should heading to target of $1,57/$1.65. I will pay attention to resistance line at $1.50/$1.59 and apply trailing stop along the price up. I will stop loss if price close below $1.30/$1.24

I bought it, the reasons is...

1.) It was breakaway from symmetric triangle or correction trend-line @ $1.40 which is a bullish implication and confirm correction is over

2.) I anticipating upswing is just kick started and heading to target of wave 3, intermediate degree(Apply to long term investors) target which is $1.60/$1.80.

3.) Primary wave degree(Apply to Institutional traders) also forming wave 3, and it is heading to target of $2.00.

4.) Formed bullish hidden divergent, which is indicate trend continue pattern and most likely will build higher low and uptrend pattern.

5.) Healthy correction with thin volume, upswing kick start with sufficient volume kick in, RSI stay above 50 and MACD cross over 0

6.) Good Earning as increased 59.78%

7.) Give 2 sen Divident

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.