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.
12 comments:
MR.HANDSOME SAGIL
MAY I KNOW WHERE CAN FIND THE GRAPHIC CLEAR CHART FROM INTERNET.
HOPE U CAN GIVE ME THE URL WED PAGE.
THANK YOU VERY MUCH
YOUR FAITHFUL
LION
hi sagil,
thanks for yr accurate tips. like wat u said this counter will face profit taking. today morning it try to break RM1.47, unfortunatly not break yet. by the it down to RM1.37. Is it can buy some for top up?
Thank you.
Dear powerbull,
agreed with you, a good FA combine with good TA counter will let us sleep without worry.
Dear smartyoung,
your re-entry point should be at 1.48 to 1.50 as stated inside my blog.I am sure that you have made good profit from IPOWER.well done.
Dear Lion,
You may get the chart by installed Metastock software and get the EOD data from bizfun.com , will selling on EOD data.
Dear jeffery,
Thanks for your support.
Jimz Lee,
Thanks for your interest to TPS.
I am sure that in this world, non of the trading system can be said they are 100% accuracy. but they might have some certain accuracy. But for TPS, i would say is 70 to 80% of accuracy.The most importance thing is during our mistake , we loss a bit , but during our winning, we won alot, this is a perfert and long run trading stratergy.
Current will run side way for short term ,The ist support level located at 1.32 and the 2nd support loacated at 1.25 , if any volume coming next 1-2 week will be the day to test 1.47 again.
Thank for yr acculate tips. I still hold IPower hopefully it will break RM1.47between this 1-2 weeks. By the way I just ask yr oppinion whether i still should keep Chinfok since it face PN17. Cos yesterday i busy of my works until not aware of this stocks go down so fast for i cant quickly to cut loss. Thank you.
Smartyoung,
You should cut chin foh at 0.3 , next time, if you have such question, pls e-mail to me. i will give you advice.
As for ipower, since you bought at the lower price, you can keep it and wait for ipower to go another wave.
Jimz Lee,
oilcorp, lion industrial definately we are able to capture, you can e-mail me your add, i will send your chart pattern on both counter , the chart pattern will shown you where is the trading zoom for each counter and price trigger to enter.
i understand your concern, that's why i am going to send you the chart .
Base on the data from 9am to 10am, the 1.18 is a panic seeling, IPOWER trend still intact.
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