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23

Oct

KLCI – Digi

Posted by CharlesMing  Published in Technical Analysis

Beautiful chart. A KLCI component stock. Nice descending triangle. It actually broke yesterday but it was a whipsaw! But it is still within the triangle and that is okay. Cut loss is a mere 20c above. EXCELLENT risk reward. Perfect. I would dump in 100 lots even.
Problem? NO SCRIPTS TO SHORT!ARRRRGH
For those of you who are lucky [...]

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23

Oct

CapitalMall

Posted by CharlesMing  Published in Technical Analysis

Found another counter. Nice resistance at 20MA. The risk reward is relatively even. I have drawn cut loss points and possible good entry points. 20MA as resistance, MACD 4R1G, nice reversal candle and confirmation.

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