Trading strategy for Hongkong Land 1. Trend Analysis
Neutral
2.Pattern Analysis
Possible Inv H&S, 3.61 for right shoulder
Possbile Evening Star candlestick
3.Trendline Analysis
Primary Trendline @ yellow line for support
4. Indicator analysis (hourly chart)
Stoch Rsi and MACD seems to be losing some strength (bearish)
Volume is low Probably due to dividend payout
4h SMA 150 seems to goes well w this counter
Trading Plan
Wait for entry at 3.6~ 3.62
SL: daily close below 3.45
TP: 5.4
Pls DYODD
Trading strategy for yanlord 1. Trend Analysis
Downtrend
2. Chart pattern analysis
Channel
3. Indicator Analysis
Weekly 50 SMA proved to be a strong
indicator for breakout( bullish)
RSI high coupled with strong vol (bullish)
MACD looks healthy with buyer
having a slight lead on seller.
4. Primary Trendline(Yellow) Analysis
Past history have always showed a bounce off
followed by a breakout
5. Candlestick Analysis
We have a 4x green soldier coming along
Trading Plan
1. Medium Risk channel trade
Entry: wait for a mont
Trading Strategy For CSE global1. Trend Analysis
Downtrend
2. Indicator analysis
Weekly 150SMA
Increasing volume
overrated MACD ( Bearish)
Overbought RSI w low vol (bearish)
3. Trendline Analysis
Due to closure below primary trendline(yellow)
,buyers are afraid of entering as a major
drop may happen.
4..S&R Analysis
Support comes at Primary trendline (in yellow)
Resistance at upper channel line( in green)
5. Breakout Analysis
Elliot wave Charting with key fib in place and
predicted movement in orange
6. Pattern analys
Riverstone - Opportunity to long againAfter retracing a steep 62% from it's recent swing high, Riverstone tested horizontal support at 3.52 this morning and quickly rebounded from here. With bullish divergence between price and stochastic in the making, I would long here @ 3.60 with initial stop at 3.48.
Take partial profits between 4.20-4.35 and ride the rest with a trailing stop.
(trialing stop is a must as this guy is volatile)
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kind
Sing Post (Truthfulness so often goes with ruthlessness.)View On Sing Post(17 Aug 2020)
We are seeing some potential "Bullish" revival in this counter.
As long as $0.62 level is held well, it can swing back up to $0.82 or even higher.
Let's see.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well a
Sri Trang (Nine-tenths of education is encouragement!)View On Sri Trang (17 Aug 2020)
Sri Trang is experiencing big position swaps and it is proven the showing up of big volume.
Since both sellers and buyers are getting aggressive, it is better to stand aside first and re-evaluate. At the same time, it is good to watch out for the break out candle.
I am seeing as long as no bullish candle show up,it should retest $1.16 region again.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Small Pullback Before Taking OffThis is an update from my previous post on DBS:
Currently we have a risk free trade trade running on DBS SGX:D05 .
Today I see another opportunity to be bullish, however we have to wait until it retraces to the nearest level.
Big players are in the midst of profit taking from the previous bull run.
Technically: downtrend channel resistance had been breached, we are waiting for the small pullback and buy from that area.
This week my trade opinion :
Buy Limit at $20.50
Stop Loss at $20.20
Keppel Corp will continue to be bearish to S$4.00Hmm what's my train of thought on this ticker SGX:BN4 , at first glance, it's bearish .
Just a quick one, I would like to split into two style of trades:
For a scalper :
Mark the area $4.76 to $4.90, that is our waiting zone area.
Once the price break either Support and Resistance, then you know what to do.
If break the Resistance, our TP is at $5.20
If break the Support, our TP is at $4.00
For a swing trader :
Here is my trade opinion:
Sell Limit at $5.20
Stop Loss at $5.46
Take Profit at























