Hi bilitzksg,
Can you shade some lights on this counter? Kanna stuck with some on hand and wonder holding on has any future..... my entry was .66

hey...ehub's looking gd actually. thanks for bringing it up. have posted my chart here:

http://singaporestocks.com.sg/showth...?p=869#post869

looks like it's reversing

Hi blitzksg,
Thanks !! But I have entered when it was .66. Your exit point is .61. Does it means I have no chance to recover!?
By the way, did you plot those chart yourself via ChartNexus ...etc. or did you obtain it from somewhere? I have ChartNexus installed too but I thought in order for it to be useful, you need to subscribe to XpertTrader ...? This is where you can apply the indicator to spot for things like double bottom, head and shoulder ...right?

Thanks again for your help!

Hi... Sorry but one more question..
I am trying to learn TA and wanted to see how did you interpret the chart. How did you derive at the conclusion it is looking good? Where did you obtain the entry and exit points from ?
I guess lots of us here are trying to gain some knowledge. Hope you can share

but lookin at the MACD, looks like it will not reversing le... care to share y u state it is reversing?

the bar at the MACD is goin down... and increasing in - sign

nono, don't worry, because .61 is the near term target. it's hard to say for anything more than that because it depends on too many variables eg market sentiment, company performance, other externalities, etcetc. These prices are what I gathered from the chart. If situations are good, it can even possibly rush all the way up to 0.70 tomorrow (although the target prices that I stated are more realistic).

I'm using metastock but i was using chartnexus in the past...u can use it's basic charting features without XpertTrader, because all the double bottom, heads and shoulders, and other chart formations u can actually spot manually (just that xpertrader makes it automated and much easier)

Enviro-hub is looking good to me because:

1. It's a doji candlestick
2. it's a stochastics buy signal

So this is a good point to enter, as the circumstances are MORE favourable. But do note that it is still based on chance. it go drop even further. (in which case u should cut loss by selling, or be prepared to hold the shares for a longer period of time)

Wow, you are a great person ! Thanks for sharing so much !! Metastock seems very expensive to own though

I have taken a look at the MACD indictor too and tends to agree with cool79 that according to MACD, this counter doesn't look good. The 26D/12D MACD line is below the 9D line and there seem to be a divergent. Both lines are below the center line

i didn't look at macd this time tho.. maybe i should have, because I usually base it on just stochastics -- mainly because macd is a lagging indicator.

but the thing to note is that, the more indicators that confirm your decision, the better

just saw the closing price today...not good, as it broke $0.545. this means that enviro-hub is now bearish