VK TECHNALYSIS SERVICES (VK 技术分析服务): Pay attention on HIL

Thursday, November 26, 2009

Pay attention on HIL

Today took only 1/2 day off from the market. Today market sentiment a little improve than yesterday. We found one counter called HIL just broke out today. This is a good fundamental 3rd liners from the main board. HIL after having uptrend for about 5 months, it started to correct and consolidate for about one month. It has a very good support at about 0.80 sen. Today it opened with a small gap up and continue to break out the symmetrical triangle and the small H&S of the left/right shoulders resistance of 0.86. The highest price in the morning session is 0.875. The mid-day closing is o.85, just below the resistance. Watch for break out of o.86 and sustains above it. Please refer to the chart for reference.
H&S= Head and Shoulder

Click to enlarge

Stock Market Language 股市语言

In the stock market everyone hope to "Buy Low Sell High". In practical, it is very difficult to achieve. There are 5% of the investors are able to achieve that however they are not buying at the lowest or selling at the highest. In other word they buy at the RIGHT timing and sell at the RIGHT timing.
每个人都希望在股市“低买高卖”。但实际上是非常困难的。只有5％的投资者能够实现，但是他们不是在最低买进或在最高卖出。换句话说，他们是在适当的时机买进和卖出。

Human nature is full of Greed and Fear. The emotion of human was reflected on the movement of the stocks' prices.
股票的价格变动中反映出人性的贪婪和恐惧。

What should we do while waiting for the market to correct?

No stock to buy very boring right? While you are waiting for the market to correct, you can actually sharpen yourself and get more funds ready for the next run.

1. You can subscript Winchart to sharpen your skill. VK Technalysis Services provides training twice a month in North Malaysia. Other regions please refer to http://www.straitsindex.com/.

2. EPF contributors have an option to withdraw EPF funds to invest on stocks from account No. 1 to standby and get ready for the next run.

For details, please contact VK Technalysis Services
Penang: 012-4168868 (Vincent Liew)
Kedah and Perlis: 012-4259118 (JK)
B'worth, Kulim and BM : 012-4212533 (Wong)

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