Search
Latest topics
Disclaimer
Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker
Harmonic Price Patterns
SHARK a.k.a TAH- Top contributor
- Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE
- Post n°251
Re: Harmonic Price Patterns
sashimaal- Top contributor
- Posts : 5785
Join date : 2014-02-28
- Post n°252
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...
sashimaal- Top contributor
- Posts : 5785
Join date : 2014-02-28
- Post n°253
Re: Harmonic Price Patterns
Seyon- Top contributor
- Posts : 268
Join date : 2014-04-03
- Post n°254
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
- Post n°255
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...
shane101- Top contributor
- Posts : 120
Join date : 2014-04-27
- Post n°256
Re: Harmonic Price Patterns
SHARK a.k.a TAH- Top contributor
- Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE
- Post n°257
Re: Harmonic Price Patterns
There is a very good chance that TPL will reach 35Rs.
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
- Post n°258
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
- Post n°259
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 !!
sashimaal- Top contributor
- Posts : 5785
Join date : 2014-02-28
- Post n°260
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
- Post n°261
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 TAH- Top contributor
- Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE
- Post n°262
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.
sashimaal- Top contributor
- Posts : 5785
Join date : 2014-02-28
- Post n°263
Re: Harmonic Price Patterns
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
- Post n°264
Re: Harmonic Price Patterns
SHARK a.k.a TAH- Top contributor
- Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE
- Post n°265
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
Last edited by TAH on Wed May 21, 2014 11:38 am; edited 1 time in total (Reason for editing : additional notes)
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
- Post n°266
Re: Harmonic Price Patterns
SHARK a.k.a TAH- Top contributor
- Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE
- Post n°267
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 knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
- Post n°268
Re: Harmonic Price Patterns
sashimaal- Top contributor
- Posts : 5785
Join date : 2014-02-28
- Post n°269
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 TAH- Top contributor
- Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE
- Post n°270
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
sashimaal- Top contributor
- Posts : 5785
Join date : 2014-02-28
- Post n°271
Re: Harmonic Price Patterns
Better to leave it to the experts
First Guy- Posts : 2599
Join date : 2014-02-22
- Post n°272
Re: Harmonic Price Patterns
SHARK a.k.a TAH- Top contributor
- Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE
- Post n°273
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 hunter- Top contributor
- Posts : 1280
Join date : 2014-03-16
- Post n°274
Re: Harmonic Price Patterns
Is it like that?
serene- Top contributor
- Posts : 4850
Join date : 2014-02-26
- Post n°275
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.
Fri Jul 19, 2024 10:30 am by faithhharris
» CCS.N0000 ( Ceylon Cold Stores)
Wed Mar 20, 2024 11:31 am by Hawk Eye
» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Wed Sep 13, 2023 12:16 pm by lauryfriese
» When Will It Be Safe To Invest In The Stock Market Again?
Wed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා
» Dividend Announcements
Wed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා
» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Thu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා
» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්රතික්ෂේප කළ ගණිතඥයා
Sun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා
» SEYB.N0000 (Seylan Bank PLC)
Thu Mar 30, 2023 9:25 am by yellow knife
» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Thu Mar 30, 2023 9:25 am by HaeroMaero
» The Korean Way !
Wed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා
» In the Meantime Within Our Shores!
Mon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා
» What is Known as Dementia?
Fri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා
» SRI LANKA TELECOM PLC (SLTL.N0000)
Mon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා
» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Mon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා
» Equinox ( වසන්ත විෂුවය ) !
Mon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා
» COMB.N0000 (Commercial Bank of Ceylon PLC)
Sun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා
» REXP.N0000 (Richard Pieris Exports PLC)
Sun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා
» RICH.N0000 (Richard Pieris and Company PLC)
Sun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා
» Do You Have Computer Vision Syndrome?
Sat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා
» LAXAPANA BATTERIES PLC (LITE.N0000)
Thu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා
» What a Bank Run ?
Wed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා
» 104 Technical trading experiments by HUNTER
Wed Mar 15, 2023 4:27 pm by katesmith1304
» GLAS.N0000 (Piramal Glass Ceylon PLC)
Wed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා
» Cboe Volatility Index
Tue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා
» AHPL.N0000
Sun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා
» TJL.N0000 (Tee Jey Lanka PLC.)
Sun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා
» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Sun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා
» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Fri Mar 10, 2023 4:43 pm by yellow knife
» Bitcoin and Cryptocurrency
Fri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා
» CSD.N0000 (Seylan Developments PLC)
Fri Mar 10, 2023 10:38 am by yellow knife
» PLC.N0000 (People's Leasing and Finance PLC)
Thu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා
» Bakery Products ?
Wed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා
» NTB.N0000 (Nations Trust Bank PLC)
Sun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා
» Going South
Sat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා
» When Seagulls Follow the Trawler
Thu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා
» Re-activating
Sat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා
» අපි තමයි හොඳටම කරේ !
Tue Feb 14, 2023 3:54 pm by ruwan326
» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Tue Jan 03, 2023 6:43 pm by ruwan326
» SAMP.N0000 (Sampath Bank PLC)
Wed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා
» APLA.N0000 (ACL Plastics PLC)
Fri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා
» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Wed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා
» Banks, Finance & Insurance Sector Chart
Tue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා
» VPEL.N0000 (Vallibel Power Erathna PLC)
Sun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා
» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Mon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා
» WATA - Watawala
Sat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා
» KFP.N0000(Keels Food Products PLC)
Sat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා
» Capital Trust Broker in difficulty?
Fri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා
» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Thu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා
» What Industry Would You Choose to Focus?
Tue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා
» Should I Stick Around, or Should I Follow Others' Lead?
Tue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා