THPLANT, WELLCAL, BRDB

FAQ 5: More & more e-mails recieved asking about these:

Purpose of this blog:

1. Some sort of my trading diary/journal.
2. To make it easier for me to access from anywhere without carrying laptop everywhere.
3. To make it convenient for my clients (most of them are stockaholic LOL) to access and communicate, rather than spending time & money calling me through phone.
4. To Get feedback.
5. Share thought with other fellow bloggers. (anyway it is a shares market)
   

The method that I'm using (AYAM indicator):

1. Purely Mathematics - When u wanna buy/sell please do ur own judgement.
2. It is a trend following indicator a.k.a buy high, sell higher that kind of stuff.
3. The Ayam Indicators are generated from a combination of ADX, GANN and FIBO. Please don't ask about the detail.
   
4. It is also a go to hell with fundamental approach.
5. Only for swingers, scalpers (Maximum 2 weeks), not for long term investment.
6. CUT LOSSSSSSSSSSSS strategy is the most important when using it.
   

THPLANT
Strong Uptrend. Immediate Target 3.20. Best Bet below 3.00. Cut Loss 2.75.

For 5/1/2007 the closing price was 2.9900.
Overall, the bias in prices is: Upwards.
The projected upper bound is: 3.19.
The projected lower bound is: 2.83.


WELLCAL
Testing Resistance 3.10. If breakout, next target 3.40. Cut Loss 2.90.

For 5/1/2007 the closing price was 3.0600.
Overall, the bias in prices is: Upwards.
The projected upper bound is: 3.33.
The projected lower bound is: 2.83.



BRDB
Strong Uptrend. Immediate Target 1.60. Buy on dip below 1.45. Cut Loss 1.40

For 5/1/2007 the closing price was 1.4900.
Overall, the bias in prices is: Upwards.
The projected upper bound is: 1.60.
The projected lower bound is: 1.40.

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