Hi pls comments on the polt i had made...

Attached Thumbnails

 

nice one!

For me, I feel that support shld be at 0.35 and 0.36 (0.36 seems to be a stronger support). refer to the green lines in my chart

Personally, I also like to look at a wider timeframe (even though my trades are in a very short timeframe), so I zoom out a bit more.

by the way, chartnexus has this "capture chart" feature. when you have a chart open, you can go to File > Capture chart, and it'll save a copy of the chart in PNG format to your computer. Very convenient feature

Just my opinion...hope it helps!

thanks
but how u draw out the green line? dat is the support line?

then i draw out the resistance point... don know correct a not... is 0.425

below is the attachment

Attached Thumbnails

 

hmm for me i'd use 0.435 as the support, as sinopipe ran up to 0.435 before twice (altho it didn't close at that price)

there's a horizontal line tool that can be used to draw out the lines. i prefer 0.36 because sinopipe hit that price 6 times (either as close, open, high or low)

bro then what is the diff of supporting line n resistance line? how to know the exit n entry point from this plot?
does the dual moving average for? need to use ma?

lol....when the current price is below the line, the line is known as resist. when current price is above that line, that line is now known as support (even tho all along it's the same line)

as a general guide, enter at or near support, and exit at or near resist

for dual moving averages, it is an EXTREMELY rough guide. Use it only as a confirmation, ie base your preliminary research/analysis on other indicators. For dual MA, buy signals occur when the shorter MA crosses over the longer MA, ie when 20 MA crosses over 50 MA

then the 2 blue line u drawn dat is 45 degrees goin up 1 means?

so for the supporting line dat u draw at 0.35 n 0.36... is it base on the number of times it pass through?

like 0.35 passes 4 times and 0.36 passes 6 times...

then like dat don need other indicator liao lo

the 2 blue line are sliding supports. same as normal support line, but just diagonal only.

need need.....because u don't know when to buy. that's why something like stochastics or macd will help. and u have to remember that everyhting is only a rough guide - therefore if u have more indicators that give a buy signal, the better.

the sliding supports in diagonal means? i feel dat it never help at all for the diagonal one.

for stochastics is to see the stock is undersell or oversold rite? if it is oversold, means it's time to exit and undersold means time to enter?

for MACD, if it's above the line means it's performing well n under is not performing well? i am not veri sure how to see all these indicators... pls correct me if i am wrong

thanks in advance