Harmonic Price Patterns
- SHARK a.k.a TAHTop contributor
- Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE
Re: Harmonic Price Patterns
- sashimaalTop contributor
- Posts : 5785
Join date : 2014-02-28
Re: Harmonic Price Patterns
They have not increased the price recently (apart from passing the tax increase). Even if it's a small increase, due to the very low COGS situation, profit should increase a lot.
Foreign funds have not considered PER of 21 (or even about 28) as too high for CTC, a multinational brand with a monopoly which has had over 1000% increase in the share price within the last 5 years.
The demand drop might have a short term effect but the large scale cost reduction program of the company will offset it and along with the increase in exports and the introduction of e-cigarettes we should see Rs 1400 reached and surpassed...
- sashimaalTop contributor
- Posts : 5785
Join date : 2014-02-28
Re: Harmonic Price Patterns
- SeyonTop contributor
- Posts : 268
Join date : 2014-04-03
Re: Harmonic Price Patterns
Did u read the chart of both LGL.N and LGL.X. If possible can u share with us. Thanks
- wmdcf
- Posts : 81
Join date : 2014-03-02
Re: Harmonic Price Patterns
TAH wrote:I am holding a POST on a Chart I worked during the week-end.
Which I will put through middle of next week.
The counter may give 25% return on capital gains or more within 1 year presumably.
ම්ම්...... සතියේ මැද හෙට නේ...
- shane101Top contributor
- Posts : 120
Join date : 2014-04-27
Re: Harmonic Price Patterns
- SHARK a.k.a TAHTop contributor
- Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE
Re: Harmonic Price Patterns
There is a very good chance that TPL will reach 35Rs.
- yellow knifeTop contributor
- Posts : 6980
Join date : 2014-03-27
Re: Harmonic Price Patterns
i was collecting TPL because of their good dividends...Fundamentally ok. This technical chart makes me feel more +++ towards TPL
- wmdcf
- Posts : 81
Join date : 2014-03-02
Re: Harmonic Price Patterns
TAH wrote:Here is the Chart TPL with 2 HPP.
There is a very good chance that TPL will reach 35Rs.
ස්තුතියි !!
- sashimaalTop contributor
- Posts : 5785
Join date : 2014-02-28
Re: Harmonic Price Patterns
TAH wrote:Based on ASPI if we see the current GREEN extending further into the month ........
Write down 2 targets specifically ......
6215 ----> very important to break this number (we could see a reversal yet again)
+7000 -----> would in sight within a year or year and half.
imagine where would JKH be in such a scenario.
Future seems bright
- wmdcf
- Posts : 81
Join date : 2014-03-02
Re: Harmonic Price Patterns
TAH wrote:it has 4 letters for in its ticker :)trading 3/4 of PBV and below NAV
Dear TAH, What is the stock you mentioned above with 4 letters ?
- SHARK a.k.a TAHTop contributor
- Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE
Re: Harmonic Price Patterns
Current Price 275/-
I am sorry to say CAL is downgrading this share, but i like believe otherwise.
I dont want to put any selling price as its momentum can be disturbed.
- sashimaalTop contributor
- Posts : 5785
Join date : 2014-02-28
Re: Harmonic Price Patterns
- yellow knifeTop contributor
- Posts : 6980
Join date : 2014-03-27
Re: Harmonic Price Patterns
- SHARK a.k.a TAHTop contributor
- Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE
Re: Harmonic Price Patterns
I usually depend on FIBs as they are a great tool to identify the Selling and Buying of a particular share.
For some counters it works perfectly.
Apart from the FIB i use MA to identify the TREND.
MACD & RSI can help to certain extent but i do not follow 1000% for any exit signal.
My Exits and Entries are more based on Price Actions,FIBs & MAs
Further i do not believe you need to HOLD a share always(lifetime), when the right price comes you need to dispose because that way you will make more money than you HOLD without selling.
The underline assumption is that You are not an HNWI who is seeking to gain control of a company.
One would have gained more in a CSE if we simply have sell targets and proper trading plan.
I am trying to follow this with great care and as humans its very difficult to be disciplined thats why few makes the cut above 5% successful and rest either burn their money or make below average returns.
This year i have made strict rules to follow my trading and intend to start my own signal system purely on technicals.
And i am looking for few more experts.
With Paypal introduction this service would worth exploring .....
TAH
- yellow knifeTop contributor
- Posts : 6980
Join date : 2014-03-27
Re: Harmonic Price Patterns
- SHARK a.k.a TAHTop contributor
- Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE
Re: Harmonic Price Patterns
I do not think FG is intending to make this profitable by charging a nominal fee, whilst understanding the financial obligations to maintain a forum is no easy task.I do not suggest FG even thought of same then it would be his call, i was saying my plans for the future hope this is clear now.yellow knife wrote:well the owner/s of this forum can benefit from paypal .. its really worthwhile to make this forum a profitable venture... All the best TAH
- yellow knifeTop contributor
- Posts : 6980
Join date : 2014-03-27
Re: Harmonic Price Patterns
- sashimaalTop contributor
- Posts : 5785
Join date : 2014-02-28
Re: Harmonic Price Patterns
Again on the previous topic, how did you understand that JKH neeed a correction when it was around Rs 238/9? There was good buying as well at that time...
TAH wrote:I use RSI as an extra indicator or GUIDE.
I usually depend on FIBs as they are a great tool to identify the Selling and Buying of a particular share.
For some counters it works perfectly.
Apart from the FIB i use MA to identify the TREND.
MACD & RSI can help to certain extent but i do not follow 1000% for any exit signal.
My Exits and Entries are more based on Price Actions,FIBs & MAs
Further i do not believe you need to HOLD a share always(lifetime), when the right price comes you need to dispose because that way you will make more money than you HOLD without selling.
The underline assumption is that You are not an HNWI who is seeking to gain control of a company.
One would have gained more in a CSE if we simply have sell targets and proper trading plan.
I am trying to follow this with great care and as humans its very difficult to be disciplined thats why few makes the cut above 5% successful and rest either burn their money or make below average returns.
This year i have made strict rules to follow my trading and intend to start my own signal system purely on technicals.
And i am looking for few more experts.
With Paypal introduction this service would worth exploring .....
TAH
- SHARK a.k.a TAHTop contributor
- Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE
Re: Harmonic Price Patterns
Thanks for your wishes Its all about Candelistik patterns if you are able to spot correctly 70% then you will be successful 9/10 times provided your Risk Rewards are maintained.sashimaal wrote:Thanks TAH and wish your new venture will be prosperous
Again on the previous topic, how did you understand that JKH neeed a correction when it was around Rs 238/9? There was good buying as well at that time...TAH wrote:I use RSI as an extra indicator or GUIDE.
I usually depend on FIBs as they are a great tool to identify the Selling and Buying of a particular share.
For some counters it works perfectly.
Apart from the FIB i use MA to identify the TREND.
MACD & RSI can help to certain extent but i do not follow 1000% for any exit signal.
My Exits and Entries are more based on Price Actions,FIBs & MAs
Further i do not believe you need to HOLD a share always(lifetime), when the right price comes you need to dispose because that way you will make more money than you HOLD without selling.
The underline assumption is that You are not an HNWI who is seeking to gain control of a company.
One would have gained more in a CSE if we simply have sell targets and proper trading plan.
I am trying to follow this with great care and as humans its very difficult to be disciplined thats why few makes the cut above 5% successful and rest either burn their money or make below average returns.
This year i have made strict rules to follow my trading and intend to start my own signal system purely on technicals.
And i am looking for few more experts.
With Paypal introduction this service would worth exploring .....
TAH
- sashimaalTop contributor
- Posts : 5785
Join date : 2014-02-28
Re: Harmonic Price Patterns
Better to leave it to the experts
- First Guy
- Posts : 2599
Join date : 2014-02-22
Re: Harmonic Price Patterns
- SHARK a.k.a TAHTop contributor
- Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE
Re: Harmonic Price Patterns
FG i sent you a PM.First Guy wrote:Would like an update on the ASI chart TAH
I will be in Colombo today & tomorrow so we can meet up and discuss future plans
- stocks hunterTop contributor
- Posts : 1280
Join date : 2014-03-16
Re: Harmonic Price Patterns
Is it like that?
- sereneTop contributor
- Posts : 4850
Join date : 2014-02-26
Re: Harmonic Price Patterns
TAH wrote:FG i sent you a PM.First Guy wrote:Would like an update on the ASI chart TAH
I will be in Colombo today & tomorrow so we can meet up and discuss future plans
Personal discussion or something related to forum.