KLSE stocks that are heading SOUTH & being CHEAP does not mean BUY but BYE|Technical Analysis 101|

(Price Correction)

correction is a reverse movement, usually negative, of at least 10% in a stock, bond, commodity or index to adjust for an overvaluation. Corrections are generally temporary price declines interrupting an uptrend in the market or an asset.

(Uptrend)

DEFINITION of ‘Uptrend‘ Describes the price movement of a financial asset when the overall direction is upward. A formal uptrend is when each successive peak and trough is higher than the ones found earlier in the trend.

(Position Entry)

Position Entry is the timing for an investor or trader to position they buying point onto a stock while pending for it’s price action and volume to take place riding the continuous trend.

(Trading Plan)

WHEN an investor or trader decides to position into a particular stock, he/she must prepare at 1) what price range is the entry pricing zone, 2) shall price reacts the opposite at what price range is the stop loss pricing zone, 3) as profits starts building up when to take profits.


This stock was a superstar previously coming up from RM1.00 – RM10.00

Now the price has drop and it is cheap to buy

Or….bye

UNISEM

2018Mar-UNISEM-1000x600

“These moving averages are not used to trigger an entry or exit. They are just painting you the past and current trend.”

  1. Year 2017 Big Price Rally trend from RM2.40 – RM4.10.
  2. November 2017, Big price correction.
  3. Year 2018 still remain in a Big Price Correction trend.
  4. Only good for short term rebound trading.
  5. Big Price Rally trend will occur “one” day when evidently proven by these moving averages.
  6. In layman term, simply put yourself imagining holding this stock since Year 2017 November at RM3.90 holding till today at Year 2018 RM2.80.

HENGYUAN

2018Mar-HENGYUAN-1000x600“These moving averages are not used to trigger an entry or exit. They are just painting you the past and current trend.”

    1. Year 2017 Big Price Rally trend from RM3.00 – RM19.00.
    2. March 2018, Big price correction.
    3. Year 2018 still remain in a Big Price Correction trend.
    4. Only good for short term rebound trading.
    5. Big Price Rally trend will occur “one” day when evidently proven by these moving averages.
    6. In layman term, simply put yourself imagining holding this stock since Year 2018 March at RM13.00 holding till today at Year 2018 RM9.00.

PETRONM

2018Mar-PETRONM-1000x600

“These moving averages are not used to trigger an entry or exit. They are just painting you the past and current trend.”

  1. Year 2017 Big Price Rally trend from RM4.00 – RM15.00.
  2. February 2018, Big price correction.
  3. Year 2018 still remain in a Big Price Correction trend.
  4. Only good for short term rebound trading.
  5. Big Price Rally trend will occur “one” day when evidently proven by these moving averages.
  6. In layman term, simply put yourself imagining holding this stock since Year 2018 February at RM12.00 holding till today at Year 2018 RM11.00.

PADINI

2018Mar-PADINI-1000x600

“These moving averages are not used to trigger an entry or exit. They are just painting you the past and current trend.”

  1. Year 2017 Big Price Rally trend from RM2.50 – RM5.40.
  2. March 2018, Big price correction.
  3. Year 2018 still remain in a Big Price Correction trend.
  4. Only good for short term rebound trading.
  5. Big Price Rally trend will occur “one” day when evidently proven by these moving averages.
  6. In layman term, simply put yourself imagining holding this stock since Year 2018 March at RM5.00 holding and keep holding for lower low?

PENTA

2018Mar-PENTA-1000x600

“These moving averages are not used to trigger an entry or exit. They are just painting you the past and current trend.”

  1. Year 2017 Big Price Rally trend from RM1.50 – RM5.20.
  2. December 2017, Big price correction after Bonus Issue.
  3. Year 2018 still remain in a Big Price Correction trend.
  4. Only good for short term rebound trading.
  5. Big Price Rally trend will occur “one” day when evidently proven by these moving averages.

PMETAL

2018Mar-PMETAL-1000x600

“These moving averages are not used to trigger an entry or exit. They are just painting you the past and current trend.”

  1. Year 2017 Big Price Rally trend from RM2.60 – RM5.80.
  2. March 2018, Big price correction.
  3. Year 2018 still remain in a Big Price Correction trend.
  4. Only good for short term rebound trading.
  5. Big Price Rally trend will occur “one” day when evidently proven by these moving averages.

SKPRES

2018Mar-SKPRES-1000x600

“These moving averages are not used to trigger an entry or exit. They are just painting you the past and current trend.”

  1. Year 2017 Big Price Rally trend from RM1.30 – RM2.30.
  2. February 2018, Big price correction.
  3. Year 2018 still remain in a Big Price Correction trend.
  4. Only good for short term rebound trading.
  5. Big Price Rally trend will occur “one” day when evidently proven by these moving averages.

VS

2018Mar-VS-1000x600

“These moving averages are not used to trigger an entry or exit. They are just painting you the past and current trend.”

  1. Year 2017 Big Price Rally trend from RM1.40 – RM3.20.
  2. March 2018, Big price correction.
  3. Year 2018 still remain in a Big Price Correction trend.
  4. Only good for short term rebound trading.
  5. Big Price Rally trend will occur “one” day when evidently proven by these moving averages.

Be Patience Enough

As you will always be able to seek for opportunities like these stocks below

T7GLOBAL

2018Mar-T7GLOBAL-1000x600

“These moving averages are not used to trigger an entry or exit. They are just painting you the past and current trend.”

  1. Year 2018 Big Price Rally trend from RM0.400 – RM0.660.
  2. Year 2018 still remain in a Big Price Rally trend.
  3. Good for Short, Mid, and Long term trading play.

SUPERMX

2018Mar-SUPERMX-1000x600

“These moving averages are not used to trigger an entry or exit. They are just painting you the past and current trend.”

  1. Year 20187 Big Price Rally trend from RM1.80 – RM2.70.
  2. Year 2018 still remain in a Big Price Rally trend.
  3. Good for Short, Mid, and Long term trading play.

QL

2018Mar-QL-1000x600

“These moving averages are not used to trigger an entry or exit. They are just painting you the past and current trend.”

  1. Year 2018 Big Price Rally trend from RM4.00 – RM4.90
  2. Year 2018 still remain in a Big Price Rally trend.
  3. Good for Short, Mid, and Long term trading play.

What goes down will eventually comes back up and vice versa. Hence do not forget those that have fallen down currently as with time, they may be the next superstar stocks once again.

Choose your stocks wisely

Know the basic on the current trend

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