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4241-4260 of 4766
If base on ew1, Then in correction abc and end at near w4:530.
If base on ew2, then w4:530, now gg for w5 608(tgt)
SgYuan ( Date: 24-Oct-2017 15:31) Posted:
I double check the EW using the 4hr chart.
1. Original EW:
EW 475-500-485-w3:550-w4:530-w5:570 abc 540?b?c?
2. New EW:
EW 475-500-485-w3: Extended EW 510-495-550-530-570 -w4:540-w5?:608(tgt)
Also 4h chart show:
- px 540, it could be a partial bullish Morning Star formation
Let see how it goes.
SgYuan ( Date: 23-Oct-2017 17:49) Posted:
Revised EW 475-500-485-w3:550-w4:530-w5:570? abc.
It could have reach w5:570 and now going into abc correction cycle.
abc correction cycle will be near w4:530 and probably a new wave start from here. |
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MM2 Asia dropped fast.
Always like that cannot stable
I sold at 54.5 for a small profit on seeing the bearish harami cross. Will buy back later.
angmohlin ( Date: 25-Oct-2017 11:57) Posted:
The candlestick pattern on 23 Oct was not a bearish harami, it was a Doji with long upper wick but have created new high, hence the trend was from bullish turns to neutral, of course the long upper wick signifies selling pressure but does not means that the trend going to change to bearish mode during that time. mm2 needs to rest before chiong to the recent peak.
yhchin ( Date: 24-Oct-2017 11:15) Posted:
| The candlestick information seems to be accurate for the time being |
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The candlestick pattern on 23 Oct was not a bearish harami, it was a Doji with long upper wick but have created new high, hence the trend was from bullish turns to neutral, of course the long upper wick signifies selling pressure but does not means that the trend going to change to bearish mode during that time. mm2 needs to rest before chiong to the recent peak.
yhchin ( Date: 24-Oct-2017 11:15) Posted:
The candlestick information seems to be accurate for the time being.
yhchin ( Date: 23-Oct-2017 23:57) Posted:
| A bearish harami cross appeared at the end of today' s session....... looks ba |
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Placement shares to StarHub & strategic investors are at 57 cents. Simple question to ask is why they subscribed at 57 cents, which means at the very least mm2 is worth at 57 cents with good earning growth.
lifeisgood - To answer your question concerning Unusual, it is now arising above RSI 70 meaning that it is overbought and also there is a bearish divergence because the share price has set a new high while the RSI is not. Hence, it will probably retrace into a correction wave before it can go up further.
lifeisgood ( Date: 24-Oct-2017 11:11) Posted:
Thanks, no hurry.
yhchin ( Date: 24-Oct-2017 11:05) Posted:
| Ok, I will take a look and get back to you. I am not at home now |
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Monitor the Px.
If Px move up 555.
Go for long.
Pls note I am not always correct.
Trade with care.
SgYuan ( Date: 24-Oct-2017 15:31) Posted:
I double check the EW using the 4hr chart.
1. Original EW:
EW 475-500-485-w3:550-w4:530-w5:570 abc 540?b?c?
2. New EW:
EW 475-500-485-w3: Extended EW 510-495-550-530-570 -w4:540-w5?:608(tgt)
Also 4h chart show:
- px 540, it could be a partial bullish Morning Star formation
Let see how it goes.
SgYuan ( Date: 23-Oct-2017 17:49) Posted:
Revised EW 475-500-485-w3:550-w4:530-w5:570? abc.
It could have reach w5:570 and now going into abc correction cycle.
abc correction cycle will be near w4:530 and probably a new wave start from here. |
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Very strong support at 55c. Going to break 60c soon. watch..
No need follow what trend or Morning Star, follow me maintiain
BUY!!!
Those who follow me already profit 2-3 fold liao :)
SgYuan ( Date: 24-Oct-2017 15:31) Posted:
I double check the EW using the 4hr chart.
1. Original EW:
EW 475-500-485-w3:550-w4:530-w5:570 abc 540?b?c?
2. New EW:
EW 475-500-485-w3: Extended EW 510-495-550-530-570 -w4:540-w5?:608(tgt)
Also 4h chart show:
- px 540, it could be a partial bullish Morning Star formation
Let see how it goes.
SgYuan ( Date: 23-Oct-2017 17:49) Posted:
Revised EW 475-500-485-w3:550-w4:530-w5:570? abc.
It could have reach w5:570 and now going into abc correction cycle.
abc correction cycle will be near w4:530 and probably a new wave start from here. |
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|
|
I double check the EW using the 4hr chart.
1. Original EW:
EW 475-500-485-w3:550-w4:530-w5:570 abc 540?b?c?
2. New EW:
EW 475-500-485-w3: Extended EW 510-495-550-530-570 -w4:540-w5?:608(tgt)
Also 4h chart show:
- px 540, it could be a partial bullish Morning Star formation
Let see how it goes.
SgYuan ( Date: 23-Oct-2017 17:49) Posted:
Revised EW 475-500-485-w3:550-w4:530-w5:570? abc.
It could have reach w5:570 and now going into abc correction cycle.
abc correction cycle will be near w4:530 and probably a new wave start from here. |
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Pullback after few days chiong is a normal game. More importantly is mm2 still in the uptrend and the top management & major shareholders very aggressiveness. Market confidence is high.
The candlestick information seems to be accurate for the time being.
yhchin ( Date: 23-Oct-2017 23:57) Posted:
A bearish harami cross appeared at the end of today' s session....... looks bad
SgYuan ( Date: 23-Oct-2017 17:49) Posted:
Revised EW 475-500-485-w3:550-w4:530-w5:570? abc.
It could have reach w5:570 and now going into abc correction cycle.
abc correction cycle will be near w4:530 and probably a new wave start from here. |
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Thanks, no hurry.
yhchin ( Date: 24-Oct-2017 11:05) Posted:
Ok, I will take a look and get back to you. I am not at home now.
lifeisgood ( Date: 24-Oct-2017 10:57) Posted:
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Ok, I will take a look and get back to you. I am not at home now.
lifeisgood ( Date: 24-Oct-2017 10:57) Posted:
Unusual is listed.
yhchin ( Date: 24-Oct-2017 10:33) Posted:
| I know, but unusual is not a listed company like MM2 with no TA chart to read. All I know is that the upcoming Jacky Cheung concert may boost their earnings |
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Unusual is listed.
yhchin ( Date: 24-Oct-2017 10:33) Posted:
I know, but unusual is not a listed company like MM2 with no TA chart to read. All I know is that the upcoming Jacky Cheung concert may boost their earnings.
lifeisgood ( Date: 24-Oct-2017 10:16) Posted:
| These 2 companies have cross shareholding. MM2 owns a certain % of UnUsUal, and the bosses of UnUsUal own some % of MM2 personally. So I guess they support each others shares |
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I know, but unusual is not a listed company like MM2 with no TA chart to read. All I know is that the upcoming Jacky Cheung concert may boost their earnings.
lifeisgood ( Date: 24-Oct-2017 10:16) Posted:
These 2 companies have cross shareholding. MM2 owns a certain % of UnUsUal, and the bosses of UnUsUal own some % of MM2 personally. So I guess they support each others shares.
lifeisgood ( Date: 24-Oct-2017 10:13) Posted:
| UnUsual is the sister company of MM2. It does concert production. |
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These 2 companies have cross shareholding. MM2 owns a certain % of UnUsUal, and the bosses of UnUsUal own some % of MM2 personally. So I guess they support each others shares.
lifeisgood ( Date: 24-Oct-2017 10:13) Posted:
UnUsual is the sister company of MM2. It does concert production.
yhchin ( Date: 24-Oct-2017 10:08) Posted:
| Is Unusual a listed company? Don' t quite understand your question |
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UnUsual is the sister company of MM2. It does concert production.
yhchin ( Date: 24-Oct-2017 10:08) Posted:
Is Unusual a listed company? Don' t quite understand your question.
lifeisgood ( Date: 24-Oct-2017 09:57) Posted:
| Hello yhchin, do u happen to follow Unusual also? If so, can you kindly give your views on Unusual chart? Thank |
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Is Unusual a listed company? Don' t quite understand your question.
lifeisgood ( Date: 24-Oct-2017 09:57) Posted:
Hello yhchin, do u happen to follow Unusual also? If so, can you kindly give your views on Unusual chart? Thanks
yhchin ( Date: 23-Oct-2017 23:57) Posted:
| A bearish harami cross appeared at the end of today' s session....... looks ba |
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Hello yhchin, do u happen to follow Unusual also? If so, can you kindly give your views on Unusual chart? Thanks
yhchin ( Date: 23-Oct-2017 23:57) Posted:
A bearish harami cross appeared at the end of today' s session....... looks bad
SgYuan ( Date: 23-Oct-2017 17:49) Posted:
Revised EW 475-500-485-w3:550-w4:530-w5:570? abc.
It could have reach w5:570 and now going into abc correction cycle.
abc correction cycle will be near w4:530 and probably a new wave start from here. |
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