Pine Agritech - Singapore Stocks - Learn & Discuss Good Stocks Tips & Analysis!

cool79 · #1 (**permalink**) 10-02-2007, 09:42 PM

how do i see the charts? veri blur... how come got lines? and how to use the stochastic to understand?

sorry to ask u too much question... heehee

cool79 · #2 (**permalink**) 10-02-2007, 10:37 PM

Hi blitzksg,
Do you have any comment on this counter from the TA standpoint? Is the trend upward or downward? Thanks!!

blitzksg · #3 (**permalink**) 11-02-2007, 11:43 AM

hmmmm..........it's quite complicated haha

the blue diagonal line downwards is the sliding support line. currently it's downtrend.

stochastics is only one indicator and should not be used alone to determine trade entry/exits. Currently stochastics show undersold but downtrend for this counter. because it's downtrend and still not showing signs of reversal, the stochastics may still go lower

blitzksg · #4 (**permalink**) 11-02-2007, 03:46 PM

hmmm I was looking at this stock too, but missed the opportunity to enter (see the circle on my chart)

Currently on uptrend, but I would wait till the next cycle before entering this stock

evideo · #5 (**permalink**) 12-02-2007, 08:50 AM

I agree, no point in chasing the stock now during the uptrend, when it comes back down again, can load up..

cool79 · #6 (**permalink**) 12-02-2007, 10:05 AM

i bought it when it was 64 cents
blitzsg, which site you use to get all these charts? I would like to plot it out myself and learn how to use TA
the chart u r using is with stochastic and average moving only?

blitzksg · #7 (**permalink**) 12-02-2007, 03:29 PM

im using metastock, it has a lot of indicators, but i use stochastics and MA primarily

chartnexus.com provides a free charting software tho

cool79 · #8 (**permalink**) 12-02-2007, 08:53 PM

how did u combine stochastic n MA in one chart dat u had drawn? i had dl the software n unable to draw out the same as u...

i also would like to know where is the resistance n exit point...

pls advise

blitzksg · #9 (**permalink**) 12-02-2007, 11:32 PM

Resist is at 0.670/0.695

I just applied the indicator, and chose "display as overlay" in the dialogue window leh

evideo · #10 (**permalink**) 13-02-2007, 08:46 AM

Lets see if this counter can pass the 0.70 marker today...