Milo's TA discussion and sharing thread

DEStiNI

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not sure how to post chart images but just a question.. i seem to notice there is a reverse head and shoulder for capmall asia, if it is true, does it means there is going to be a uptrend? Any expert can comment?
 

Sinkie

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not sure how to post chart images but just a question.. i seem to notice there is a reverse head and shoulder for capmall asia, if it is true, does it means there is going to be a uptrend? Any expert can comment?

vWHfYG6.png


yes, you are right, an inverted head and shoulder has happened.

but currently turning down again
 

DEStiNI

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vWHfYG6.png


yes, you are right, an inverted head and shoulder has happened.

but currently turning down again
Capmallasia.png

hi sinkie, i looking at daily chart.. first shoulder 4th feb onwards, head around 4th mar and not sure whether last shoulder forming around 1st apr.. is this another reverse head and shoulder forming?
 
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Sinkie

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Capmallasia.png

hi sinkie, i looking at daily chart.. first shoulder 4th feb onwards, head around 4th mar and not sure whether last shoulder forming around 1st apr.. is this another reverse head and shoulder forming?

oOifUmC.png


i would not say this is an inverted head&shoulder but rather an ascending triangle with the double top as target
 

DEStiNI

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oOifUmC.png


i would not say this is an inverted head&shoulder but rather an ascending triangle with the double top as target

oic.. thanks sinkie.. looks like an interesting trend.. will keep following it.. i queuing at $2.00.. don't tink will get it.. haha
 

Sinkie

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oic.. thanks sinkie.. looks like an interesting trend.. will keep following it.. i queuing at $2.00.. don't tink will get it.. haha

if you ask me for my opinion lah

YcIwHZW.png


im favor the purple downtrend more than the ascending triangle because of this daily chart



but 2.00 is a natural support, can possibly take and run with a few bids
 
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DEStiNI

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if you ask me for my opinion lah

YcIwHZW.png


im favor the purple downtrend more than the ascending triangle

but 2.00 is a natural support, can possibly take and run with a few bids

meaning if it broke down from the middle purple line, it will go downtrend to the bottom black circle? so I should observe whether it will go the inverse triangle path or the triple purple line path?
 

Sinkie

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meaning if it broke down from the middle purple line, it will go downtrend to the bottom black circle? so I should observe whether it will go the inverse triangle path or the triple purple line path?

BfvPyzX.png


i took hint with this chart so that why i think its a downward trend rather than an ascending triangle
 
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Sinkie

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meaning if it broke down from the middle purple line, it will go downtrend to the bottom black circle? so I should observe whether it will go the inverse triangle path or the triple purple line path?

yeah, i will prefer to buy at the support at the below black circle for rebound, if tomorrow follow through and break the $2.00 support
 
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DEStiNI

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yeah, i will prefer to buy at the support at the below black circle for rebound, if tomorrow follow through and break the $2.00 support

noted.. i will sit back on the fence and continue with eating my popcorn..
 

SpeedingBullet

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Got a qn to ask.. for stocks like Olam/Golden Agri, etc. (those with oil palm plantations), do you subtract biological assets when it comes to valuing the company?
 

Milo-Dino

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Got a qn to ask.. for stocks like Olam/Golden Agri, etc. (those with oil palm plantations), do you subtract biological assets when it comes to valuing the company?
depends on whether u feel comfortable with the figure quoted.

I rather chiong companies with high cash per share.
 
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