ETITECH 0118

Yesterday 30/5/06 closed at RM1.05 , can be monitored at this down turn market, if you are interested, pls set you cut loss point and profit taking points.

Disclaimer: This blog is not to be construed as a recommendation to buy or sell any securities. All information and comments are provided for educational purposes only. I however do not hold myself responsible for its accuracy as well as your stock trading or investing decision.

Daily Bull Bear indicator on 26May 06 (weekly summary)

Last week the sentiment of overall market has been technical re-bound, the sentiment index from the -52 (22/5/06) to -5 (26/5/06) , the coming week is importance to determine the strongness of the KLSE market whether it will extended its strength or just Technical re-bound.
Summary of our performance on lase week, we are able to use the intraday bull bear indicator to capture the technical re-bound at the right timing and the right counter. the following day we will still use the same indicator to follow thru the market. Any special case or major trend change will be update on this blog.

Intraday bull/bear indicator.

Good News, We have invent another indicator called intraday bull/bear indicator , this indicator is to enable us to catch for the technical re-bound, Ex : we are able to catch the technical re-bound on 23/5/06, 1030hrs(detail can refer to last post Bull Bear indicator on 18May 06 under comment session) . my suggested stock was Time engineering at 1030hrs at the price of RM0.60
This indicator can give the early signal of market sentiment of re-bound and fall down during intraday.
The combination of time pattern , volume pattern , bull bear indicator and CI index will tell us the timing of re-bound and price drop during intraday.

Bull Bear indicator on 18May 06

The Market now is into correction, any rebound will be temporarily, reduce you stake or withdrawn your stake and away the market. We human being need to have a rest and market also need to have a rest. World Cup is coming in the corner, have some fun on world cup. A monemt of rest will allow you to go long journey. After the world cup will be another new trend.
Pls note that this indicator is a thermometer to the overall market, is not specified to any particular counter.

IPOWER (Follow up on recent profit taking correction)

TECHNICAL REBOUND ON IPOWER
With the hammer sign appear on the IPOWER yesterday(16/5/06), it has tell us that the ipower is going to technical rebound, the re-entry price will be 1.17 , pls donot enter below 1.17 (this is not the entry signal), your cut loss point will be at 1.08 , pls double click on the chart for the detail. (updated on 17/5/06 6am)


Disclaimer: This blog is not to be construed as a recommendation to buy or sell any securities. All information and comments are provided for educational purposes only. I however do not hold myself responsible for its accuracy as well as your stock trading or investing decision

Bull/Bear sentiment indicator (Market X file)

Trigger Point System just recently invent on a new indicator called Bull/Bear sentiment indicator , this indicator typically is to check on the overall market sentiment, the data is captured from the EOD .
from the data shown , the overall market sentiment has turn from 8/5/06 at the figure 75 to 11/5/06 at the figure of 31, the message here is BEWARE OF MARKET figure go below zero

The advantage of this indicator is to get the early signal before market go sideway , uptrend and down trend.

Pls note that this indicator is a thermometer to the overall market, is not specified to any particular counter.

IPOWER ( To answer my reader question)

Here, i would like to thanks to my royal reader and some question has been raise up by them on IPOWER thru e-mail, so, i would like share with everybody here;

1)when will this counter test on RM1.47 level ?
TPS: IPOWER has been taken 6 days to re-bound from the bottom (1.10 to 1.43), no doubt, tomorrow it will test on this level.

2)Will this counter still be extended its strength?
TPS: On TPS point of view, this counter is consider intermediate term trading counter, of course it will extened its strength to go higher to this level. this counter will have some price retracement (profit taking) but in intermediate term, it will give handsome profit for the investor.
a) Potential Target price for intermediate term( less than 9 months): RM2+
b)Potential target price for short term ( less than 3 month) : RM1.8+
c)1stSuggest Entry Price: RM1.08 to RM1.12 (which has been shown on my last post)
d)2nd suggest entry price : RM1.48 to RM1.50 level ( after it break thru RM1.47 level)
e)Suggested Cut Loss Price: you can set at 8% or break the support level. (remember ; this is importance)

Disclaimer: This blog is not to be construed as a recommendation to buy or sell any securities. All information and comments are provided for educational purposes only. I however do not hold myself responsible for its accuracy as well as your stock trading or investing decision.