Ding Ding Ding.. i can get one point for forecast to Starhub..
Lets move on. Sadly today i make a big mistake. I enter a position without confirmation!! Thus, i have enhance my trading rule. Talking bout ST Eng
Positive:
1) Higher high, higher low stock. Look at the volume is plain obvious some breakout is around?
2) Support of 50 ma is very strong
3) Assuming bull run, ST eng is touching lower bollinger and should rebound.
(During bull run even touching, there is chance the price will hugh all the way down)
Negative:
1) Stochastic is not fully form
2) MACD has no clear sign of UTURN!!!. Further more MACD signal is coming downward but long way to go.
Obviously i did a big mistake in this trade.. learn from lesson..
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