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TA makes you see no road !!

downtrend is look by trendline. Support broken doesn't mean downtrend. 

rickyw      ( Date: 13-Mar-2011 21:32) Posted: Hi all, I just want to ask you all since all stocks has broken their support. Is it wise that we can say downtrend to that  particular  counter?

 

Hi all, I just want to ask you all since all stocks has broken their support. Is it wise that we can say downtrend to that  particular  counter?

 

TA fundamental buy at support sell at resistance.

Sell when support breaks and buy when resistance breaks.

Your loss will incur most little and your gain is better if you follow this basic rule.

  DON'T HAVE ANY STOCK MARKET SKILL CAN  GUARANTEE  YOU TO EARN MONEY BUT AT LEAST 

IT REDUCE YOUR RISK.

FOR me FA to pick a stock, TA to pick the buy price and decide your sell price.

des_khor      ( Date: 11-Mar-2011 14:13) Posted: So many counters with so promising TA and sudden turn ugly......  Don't depend on TA too much as it will bring go Holland...... in stocks trading is 50/50 game.....

 

Chart is reflecting history behaviour and is unable to tell what happen next. You have to base on your  own gut feeling. So far I have successful rate of 70-80% on the TA for short term view of 2-3 days charting.  Last but not least, as I have mentioned brfore that  according to  Benner cycle this year 2011 is not a good year at all. Be careful your investments. I rather to hold cash and therefore I didn't go for HPH Trust IPO.            

 

Here he goes again. LOL.

 

So many counters with so promising TA and sudden turn ugly......  Don't depend on TA too much as it will bring go Holland...... in stocks trading is 50/50 game.....