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Post by sptl123 on Jun 7, 2015 14:30:12 GMT 7
Bro Zuolun, TigerAir close with a Doji at S$ 0.305 (-0.005, -1.16%) with 2.148 million shares done on 5th June 2015. The Bearish Gartley Pattern of TigerAir prevail. However do you have an alternative views or trading ideas based on the following: 1) Price supported by 200d SMA in the last 4 sessions. 2) Price making series of higher highs and lower lows. Uptrend negated if price at D went below 0.29 3) Bullish divergence as a leading indicator: CCI and MACD positive divergent in the last few sessions. 4) RSI, Fast and Slow Stochastic has buy signal generated. sptl123Your younger Gartley pattern is well done! It is known as a Bearish Gartley Crab Pattern, TP S$0.305. I've put it inside my older Gartley, which is known as a Bearish Gartley Bat Pattern, 1st TP S$0.265, 2nd TP S$0.235, 3rd TP S$0.215. You cannot straightaway short TigerAir @ S$0.32 because it is now oversold with stochastics hitting 20. Last Friday 15 May's closing was a bullish hammer; wait for the share price to form a lower high @ S$0.335 or near the resistance at 20d SMA first, b4 you short.
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Post by zuolun on Jun 8, 2015 5:38:57 GMT 7
Bro Zuolun, TigerAir close with a Doji at S$ 0.305 (-0.005, -1.16%) with 2.148 million shares done on 5th June 2015. The Bearish Gartley Pattern of TigerAir prevail. However do you have an alternative views or trading ideas based on the following: 1) Price supported by 200d SMA in the last 4 sessions. 2) Price making series of higher highs and lower lows. Uptrend negated if price at D went below 0.29 3) Bullish divergence as a leading indicator: CCI and MACD positive divergent in the last few sessions. 4) RSI, Fast and Slow Stochastic has buy signal generated. sptl123, No alternative views, TigerAir's Bearish Gartley Bat Pattern is intact. You must train your eyes to read 'naked' chart: The easiest way to see the -ve price movement in your TigerAir chart is by the dead crosses which I've circled in red. This is the key leading indicator for short-trades on TigerAir; ignore the rest of the things as they're are lagging technical indicators and overlays. How to use the 3 dead crosses as a guide to short:1. When the 1st deadly dead cross (50d SMA crosses below 100d SMA) appears, wait for the price to bounce up (the higher the better) then short. 2. When the 2nd dead cross (50d SMA crosses below 200d SMA) appears, wait for the price to bounce up (the higher the better) then short. 3. When the 3rd dead cross (100d SMA crosses below 200d SMA) appears, wait for the price to bounce up (the higher the better) then short. 4. After all the three (3) dead crosses have appeared; every dead cat bounce (the higher the better), short. 5. Repeat the same process over and over again as long as the strong downtrend prevails. TigerAir ~ Bearish Gartley Bat Breakout, 1st TP S$0.265, 2nd TP S$0.235, 3rd TP S$0.215TigerAir closed with a doji @ S$ 0.305 (-0.005, -1.6%) with 2.15m shares done on 5 Jun 2015. Immediate support @ S$0.29, immediate resistance @ S$0.305.
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Post by zuolun on Jun 23, 2015 11:59:32 GMT 7
TigerAir ~ Bearish Gartley Bat Breakout, 1st TP S$0.265, 2nd TP S$0.235, 3rd TP S$0.215TigerAir closed with an inverted hammer @ S$ 0.295 (-0.005, -1.7%) with 1.46m shares done on 22 Jun 2015. Immediate support @ S$0.285, immediate resistance @ S$0.305.
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Post by newshui on Aug 3, 2015 18:00:42 GMT 7
hello everybody, im new here, I have been trading fx with oanda since 2008 so I understand what kinda t.a you guys been discussing here
just vested abit on this counter recently so hope to share how I feel on this counter
since sia become the largest shareholder, I become very interested in what are they going to do
I strongly believe the fundamental had change to the brighter side
crude oil is the 2nd biggest factor, as long black gold remain trading at 45 to 75 range, its a strong tail wind for this counter
strong support line at 0.295, very solid support line at 0.255
since fundamental had change, jan.2015 seems to be the beginning of a brand new trend
low on the down side and high on the upside, I believe within a year from today, this counter can trade 0.61 onwards
cheers
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Post by zuolun on Aug 7, 2015 13:28:21 GMT 7
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Post by oldman on Aug 8, 2015 6:11:54 GMT 7
My experience in corporate life is that when a very large company swallows a smallish company, the smallish company seldom does well. This is because the revenues and profits of the smallish company pales in comparison to that of the large company. In other words, management is unlikely to focus on the smallish company unless there is something really special about it. Budget airlines are like commodity businesses with razor thin margins and I really don't see anything special about Tiger Air. As for oil rates, I think most airlines are rather shielded.... if the price of oil goes up, they just increase the fuel surcharges and vice versa. Hedging is only a short term strategy that is unlikely to result in any long term financial gain, assuming they hedged in the right direction. As the world economy struggles, I think airline stocks will also continue to struggle. hello everybody, im new here, I have been trading fx with oanda since 2008 so I understand what kinda t.a you guys been discussing here
just vested abit on this counter recently so hope to share how I feel on this counter
since sia become the largest shareholder, I become very interested in what are they going to do
I strongly believe the fundamental had change to the brighter side
crude oil is the 2nd biggest factor, as long black gold remain trading at 45 to 75 range, its a strong tail wind for this counter
strong support line at 0.295, very solid support line at 0.255
since fundamental had change, jan.2015 seems to be the beginning of a brand new trend
low on the down side and high on the upside, I believe within a year from today, this counter can trade 0.61 onwards
cheers
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Post by newshui on Aug 8, 2015 11:15:38 GMT 7
thank you Dr Michael Leong (oldman), thks for the pointer, btw I love your book(making it in stocks)2nd ed.
I read it over and over again, every time I will find something very useful to me,
seriously, thank you so much for the book.
love the part on the Ireland story(money and life)
wish you best of health and looking forward to your next book(any subject)
cheers
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Post by hope on Aug 8, 2015 12:02:22 GMT 7
Hi Oldman
Can i ask a not very clever question...should we be fearful or greedy at this stage of the stock market condition, in your opinion?
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Post by newshui on Aug 8, 2015 13:04:50 GMT 7
My experience in corporate life is that when a very large company swallows a smallish company, the smallish company seldom does well. This is because the revenues and profits of the smallish company pales in comparison to that of the large company. In other words, management is unlikely to focus on the smallish company unless there is something really special about it. Budget airlines are like commodity businesses with razor thin margins and I really don't see anything special about Tiger Air. As for oil rates, I think most airlines are rather shielded.... if the price of oil goes up, they just increase the fuel surcharges and vice versa. Hedging is only a short term strategy that is unlikely to result in any long term financial gain, assuming they hedged in the right direction. As the world economy struggles, I think airline stocks will also continue to struggle.
lastly I still strongly believe this tiger can do a successful turn around, having a good gut feel about this...cheers
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Post by oldman on Aug 8, 2015 13:06:17 GMT 7
Hope, I am very fearful at this time. Upside is limited and hence, only one way to position oneself... Hi Oldman Can you ask a not very clever question...should we be fearful or greedy at this stage of the stock market condition, in your opinion?
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Post by zuolun on Aug 8, 2015 14:48:39 GMT 7
My experience in corporate life is that when a very large company swallows a smallish company, the smallish company seldom does well. This is because the revenues and profits of the smallish company pales in comparison to that of the large company. In other words, management is unlikely to focus on the smallish company unless there is something really special about it. Budget airlines are like commodity businesses with razor thin margins and I really don't see anything special about Tiger Air. As for oil rates, I think most airlines are rather shielded.... if the price of oil goes up, they just increase the fuel surcharges and vice versa. Hedging is only a short term strategy that is unlikely to result in any long term financial gain, assuming they hedged in the right direction. As the world economy struggles, I think airline stocks will also continue to struggle. oldman, Chartwise, I'm bearish on TigerAir. This stock is categorized as No.4, the toughest gameplay in the stock market. In technical analysis, a stock that has made a new low is one that must be treated with caution and to be avoided buying for longterm investment.TigerAir ~ Symmetrical triangle, biased to the downside, interim TP S$0.235TigerAir closed with a hammer unchanged @ S$ 0.295 with 5.19m shares done on 6 Aug 2015. Immediate support @ S$0.285, immediate resistance @ S$0.31.
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Post by newshui on Aug 8, 2015 15:08:05 GMT 7
tigerair 四两博千金
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Post by newshui on Aug 23, 2015 15:17:16 GMT 7
hello everybody, I decide to do a re-entry @ around 0.250
market seem like quite bad during last few week, to me is a good chance to buy in.
so much fear around market, everybody around all talks about bear,
crazy china slowing down, normal after such a fast pace
dow falling to 16k level, normal, long due for correction
black gold down to 40, Saudi challenging us shale producing, oversupply
too many negative news and been dragging too long, seems like out to trigger/broadcast fear
I read it as a correction, triggering point to this coming clash should be BIG and FAST,
like dumping of us debt or bond liquidity sudden dry up totally,
so im betting on one last mini bull run to come after this correction.
cheers
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Post by roberto on Aug 24, 2015 12:12:53 GMT 7
hello everybody, I decide to do a re-entry @ around 0.250 market seem like quite bad during last few week, to me is a good chance to buy in. so much fear around market, everybody around all talks about bear, crazy china slowing down, normal after such a fast pace dow falling to 16k level, normal, long due for correction black gold down to 40, Saudi challenging us shale producing, oversupply too many negative news and been dragging too long, seems like out to trigger/broadcast fear I read it as a correction, triggering point to this coming clash should be BIG and FAST, like dumping of us debt or bond liquidity sudden dry up totally, so im betting on one last mini bull run to come after this correction. cheers All the best. Personally, I'd have a stop around 22c in case the down trend from the last 2-3 years resumes. Side note: I'm also thinking there may be one more leg up, so still about 50% invested in the market.
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Post by zuolun on Nov 6, 2015 9:14:07 GMT 7
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