Daily Calls

china energy turned short term bullish today, temp support @ 94, resistence @ 98 followed by 102. how do you detect such a stock??? take a look at the base, it made a lower low, when a low breaks and failed to go through, it is a flushing system to get monkeys out and attention should be paid. a buy is made on the break of the 3rd bar high from the right at around 92. i will sell half @ closing and keep the other half to ride the wave. reason for selling half?? although ST bullish, the form is unclear and mid term trend still remains bearish.

synear is bullish in the short term with a better base compared to chinaener. temp support @ 1.1 while resistence @ 1.18 followed by 1.24. trading style and advice will be similar to chinaener. so is a lower low n higher low similar?? nope, the lows will make a diff btw the risk lvl of these 2 stocks as they take form later on. so for now, sell half @ close and ride on with a trailing stop for the other. there are methods to add during the day depending on situation but i will not cover tt here.

good evening,

US market is close tonight, hsi, nikkei n sti is still short term bullish, ride the wave until the bull ends, it is important to accumulate profits within trend as buffer as some losses tend to occur during a trend change...

first res - take half profit, other half ride the wave

golden agri - take profit but still bullish

tat hong - in support region - hold

jiutian - hold

china xlx - take half profit, other half ride the wave

i will update new transactions later...

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