Capitaland

Discussion in 'Acquistion Targets' started by dandannoodles, Oct 16, 2011.


Draft saved Draft deleted
  1. zuolun

    zuolun Well-Known Member

    Joined:
    Sep 12, 2012
    Messages:
    9,934
    Likes Received:
    0
    Duke,

    After I noticed that the buying pressure on Capland was strong at 3.20 b4 10am, I queued for somemore Capland @ 3.18 on Monday, 17 Sep 2012 but I didn't get it.
    (I thought the bearish gravestone doji closing last Friday could shakeout the weak holders to throw down @ 3.18 to me.)

    [​IMG]

    If you use the Heikin-Ashi chart, the buying pressure was quite strong for the past few days.

    Conclusion

    The Heikin-Ashi technique is extremely useful for making candlestick charts more readable--trends can be located more easily, and buying opportunities can be spotted at a glance. The charts are constructed in the same manner as a normal candlestick chart, with the exception of the modified bar formulas. When properly used, this technique can help you spot trends and trend changes from which you can profit!

    [​IMG]

    [​IMG]
     
  2. Milo-Dino

    Milo-Dino Well-Known Member

    Joined:
    Oct 17, 2011
    Messages:
    3,053
    Likes Received:
    0
    Occupation:
    Accountant
    Location:
    Singapore, Singapore, Singapore
    closed at day high of 3.23.

    solid small white candle. Tight range of 3c.

    not sure if the BB is distributing or accumulating.
     
  3. zuolun

    zuolun Well-Known Member

    Joined:
    Sep 12, 2012
    Messages:
    9,934
    Likes Received:
    0
    SG property stocks - Uptrend still intact

    [​IMG]

    Use trading volume as an indicator Based on past patterns; expect the 3rd one coming soon.

    [​IMG]


    Capitaland - An inverted H&S Breakout, neckline at 3.11; TP at 3.82

    Capland hit high of 3.22, low of 3.18 and closed with a bearish gravestone doji @ 3.18 (+0.03, +1%) with high vol. done at 22.2m shares.

    Immediate resistance @ 3.25, next resistance @ 3.38, strong resistance @ 3.58.

    Immediate support @ 3.11 (neckline of the inverted H&S breakout).

    Crucial support @ 3.00, the long-term horizontal line in red (weekly chart)

    Strong support @ 2.86, the 20d SMA.

    [​IMG]

    [​IMG]

    [​IMG]
     
  4. dandannoodles

    dandannoodles Well-Known Member

    Joined:
    Oct 6, 2011
    Messages:
    441
    Likes Received:
    0
    I eat my words.


    Crapland has done it again. Bust a powerful reversal chart pattern.

    Back in March/April, she staged an inverse H&S, broke out, and then quick came back down. Heng I was nimble and ran with a small profit before she committed suicide.

    History is repeating itself with this fake double bottom. Talk about no credibility... *shakes head*
     
  5. dandannoodles

    dandannoodles Well-Known Member

    Joined:
    Oct 6, 2011
    Messages:
    441
    Likes Received:
    0
    BREAKOUT as expected=)
     
  6. dandannoodles

    dandannoodles Well-Known Member

    Joined:
    Oct 6, 2011
    Messages:
    441
    Likes Received:
    0
    Crapland lives up to expectations?:rolleyes2:

     
  7. Milo-Dino

    Milo-Dino Well-Known Member

    Joined:
    Oct 17, 2011
    Messages:
    3,053
    Likes Received:
    0
    Occupation:
    Accountant
    Location:
    Singapore, Singapore, Singapore
    I think no more double bottom liao...
    shitty results... thinking of shorting... let me relook my charts and maybe post it here
     
  8. dandannoodles

    dandannoodles Well-Known Member

    Joined:
    Oct 6, 2011
    Messages:
    441
    Likes Received:
    0
    Is a double bottom coming?
    Volume is not really lower on the second trough but MACD bullish divergence is encouraging.
    A breakout above 2.71 is necessary to confirm.
    There may be some difficulty however due to the gap between 2.72 and 2.79 and the 100DMA, which confluence with the neckline.
    Some consolidation here will be necessary to give her that push.
    Stay tuned.

    2011Oct14-Capitaland-800x600.png
     
Loading...

Share This Page