tag:blogger.com,1999:blog-7944902213075756335.post4426445682096752435..comments2024-03-29T10:22:24.187+08:00Comments on A Singaporean Stocks Investor (ASSI): Raffles Education: A new low.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-7944902213075756335.post-53836934473264396982010-12-11T02:29:47.445+08:002010-12-11T02:29:47.445+08:00Hi JT Geog,
My reading has not changed since my l...Hi JT Geog,<br /><br />My reading has not changed since my last blog post. Raffles Education's downtrend is intact. No reversal in sight yet.<br /><br />However, I am not cutting losses because I feel that further downside is limited. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-83359717755982783442010-12-10T23:57:06.074+08:002010-12-10T23:57:06.074+08:00Hi AK71,
Raffles Education closed at $0.25 today,...Hi AK71,<br /><br />Raffles Education closed at $0.25 today, a low last touched on 3 Nov last year. What's your reading on it now?<br /><br />JT GeogAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-51628432789521070382010-12-07T19:57:20.550+08:002010-12-07T19:57:20.550+08:00Hi Ao,
I see the first bit which is a downtrend r...Hi Ao,<br /><br />I see the first bit which is a downtrend resistance line connecting lower highs.<br /><br />However, for descending triangles, I would want to see each low testing the strong support at 26.5c but it was not the case. <br /><br />I might be too pedantic. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-29802000877047793592010-12-07T19:43:56.819+08:002010-12-07T19:43:56.819+08:00Hi AK71.
Wouldn't we get a descending triangl...Hi AK71.<br /><br />Wouldn't we get a descending triangle if we join the top of 17 Mar 10 with the top of 2 dec 10 as the trendline and with 0.265 as the proven support level? <br />The price retested the top of the trendline on 21 Sept 10 and from 21 oct 10 to 1 dec 10<br />The price tested the support level on 9 June 10, 31 Aug to 6 Sept and on 23Nov 10 to 2 Dec 10.Aonoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-78696791286972682992010-12-06T22:29:16.545+08:002010-12-06T22:29:16.545+08:00Hi Ao,
I could be wrong but I do not see any desc...Hi Ao,<br /><br />I could be wrong but I do not see any descending triangles.<br /><br />This is from Investopedia:<br /><i>A bearish chart pattern used in technical analysis that is created by drawing one trendline that connects a series of lower highs and a second trendline that has historically proven to be a strong level of support.</i><br /><br />The second part of this definition is missingAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-68892779252878449062010-12-06T20:05:06.505+08:002010-12-06T20:05:06.505+08:00Hi AK71,
I when to analyze Raffles edu chart agai...Hi AK71,<br /><br />I when to analyze Raffles edu chart again. I realized that there was contradicting signals between MACD bullish divergence vs descending triangle. May I know what is your take regarding MACD divergence vs ascending/descending triangle?<br /><br />http://aotrader.blogspot.com/2010/12/raffles-edu-macd-divergence-vs.htmlAohttps://www.blogger.com/profile/14243452032506841544noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-38671123969189004622010-12-04T17:43:13.124+08:002010-12-04T17:43:13.124+08:00Hi koori,
I took a look at Hoe Leong's chart....Hi koori,<br /><br />I took a look at Hoe Leong's chart. I see what you mean. ;)<br /><br />The weekly chart for Hoe Leong shows the 200wMA at 23.5c. MFI has also formed higher lows. Support is at hand. <br /><br />There could be a rebound. Good luck. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-7833418023408404442010-12-04T17:25:30.143+08:002010-12-04T17:25:30.143+08:00hi AK
i'm in a similar situation as u but wit...hi AK<br /><br />i'm in a similar situation as u but with this counter called 'hoe leong'koorinoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-53138270696828287142010-12-03T23:52:31.129+08:002010-12-03T23:52:31.129+08:00Hi Ao,
A friend introduced me to TA and I picked ...Hi Ao,<br /><br />A friend introduced me to TA and I picked up the rest from books, reading The EDGE and checking up Investopedia. Totally self taught. So, I am still paying school fees to Mr. Market. Haha... ;)<br /><br />My best investments are still those which combined FA and TA. I am not that good at pure TA.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-68743305414351424672010-12-03T23:38:42.840+08:002010-12-03T23:38:42.840+08:00Hi Ak71,
It is me again. Even though I mentioned ...Hi Ak71,<br /><br />It is me again. Even though I mentioned that you could be a bit slow in identifying that divergence, I also did a small trade.<br /><br />I learned my own TA. Hence, I do not trust my own TA as I did not have someone to guide me. I guess I am too used to school method of teaching. <br /><br />May I know how did you learned TA? Did you learn it from someone? :)Aohttps://www.blogger.com/profile/14243452032506841544noreply@blogger.com