The Investor Sentiment - Equity and investments forum for Sri Lankans

Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans
The Investor Sentiment - Equity and investments forum for Sri Lankans
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting
Search
Display results as :
Advanced Search
Latest topics
CCS.N0000 ( Ceylon Cold Stores)Wed Mar 20, 2024 11:31 amHawk Eye
When Will It Be Safe To Invest In The Stock Market Again?Wed Apr 19, 2023 6:41 amකිත්සිරි ද සිල්වා
Dividend AnnouncementsWed Apr 12, 2023 5:41 pmකිත්සිරි ද සිල්වා
MAINTENANCE NOTICE / නඩත්තු දැනුම්දීමThu Apr 06, 2023 3:18 pmකිත්සිරි ද සිල්වා
SEYB.N0000 (Seylan Bank PLC)Thu Mar 30, 2023 9:25 amyellow knife
The Korean Way !Wed Mar 29, 2023 7:09 amකිත්සිරි ද සිල්වා
In the Meantime Within Our Shores! Mon Mar 27, 2023 5:51 pmකිත්සිරි ද සිල්වා
What is Known as Dementia?Fri Mar 24, 2023 10:09 amකිත්සිරි ද සිල්වා
SRI LANKA TELECOM PLC (SLTL.N0000)Mon Mar 20, 2023 5:18 pmකිත්සිරි ද සිල්වා
THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)Mon Mar 20, 2023 5:10 pmකිත්සිරි ද සිල්වා
Equinox ( වසන්ත විෂුවය ) !Mon Mar 20, 2023 4:28 pmකිත්සිරි ද සිල්වා
COMB.N0000 (Commercial Bank of Ceylon PLC)Sun Mar 19, 2023 4:11 pmකිත්සිරි ද සිල්වා
REXP.N0000 (Richard Pieris Exports PLC)Sun Mar 19, 2023 4:02 pmකිත්සිරි ද සිල්වා
RICH.N0000 (Richard Pieris and Company PLC)Sun Mar 19, 2023 3:53 pmකිත්සිරි ද සිල්වා
Do You Have Computer Vision Syndrome?Sat Mar 18, 2023 7:36 amකිත්සිරි ද සිල්වා
LAXAPANA BATTERIES PLC (LITE.N0000)Thu Mar 16, 2023 11:23 amකිත්සිරි ද සිල්වා
What a Bank Run ?Wed Mar 15, 2023 5:33 pmකිත්සිරි ද සිල්වා
104 Technical trading experiments by HUNTERWed Mar 15, 2023 4:27 pmkatesmith1304
GLAS.N0000 (Piramal Glass Ceylon PLC)Wed Mar 15, 2023 7:45 amකිත්සිරි ද සිල්වා
Cboe Volatility Index Tue Mar 14, 2023 5:32 pmකිත්සිරි ද සිල්වා
AHPL.N0000Sun Mar 12, 2023 4:46 pmකිත්සිරි ද සිල්වා
TJL.N0000 (Tee Jey Lanka PLC.)Sun Mar 12, 2023 4:43 pmකිත්සිරි ද සිල්වා
CTBL.N0000 ( CEYLON TEA BROKERS PLC)Sun Mar 12, 2023 4:41 pmකිත්සිරි ද සිල්වා
COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))Fri Mar 10, 2023 4:43 pmyellow knife
Bitcoin and Cryptocurrency Fri Mar 10, 2023 1:47 pmකිත්සිරි ද සිල්වා
CSD.N0000 (Seylan Developments PLC)Fri Mar 10, 2023 10:38 amyellow knife
PLC.N0000 (People's Leasing and Finance PLC) Thu Mar 09, 2023 8:02 amකිත්සිරි ද සිල්වා
Bakery Products ?Wed Mar 08, 2023 5:30 pmකිත්සිරි ද සිල්වා
NTB.N0000 (Nations Trust Bank PLC)Sun Mar 05, 2023 7:24 amකිත්සිරි ද සිල්වා
Going South Sat Mar 04, 2023 10:47 amකිත්සිරි ද සිල්වා
When Seagulls Follow the TrawlerThu Mar 02, 2023 10:22 amකිත්සිරි ද සිල්වා
Re-activatingSat Feb 25, 2023 5:12 pmකිත්සිරි ද සිල්වා
SAMP.N0000 (Sampath Bank PLC)Wed Nov 30, 2022 8:24 amකිත්සිරි ද සිල්වා
APLA.N0000 (ACL Plastics PLC)Fri Nov 18, 2022 7:49 amකිත්සිරි ද සිල්වා
AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.Wed Nov 16, 2022 9:28 pmකිත්සිරි ද සිල්වා
Banks, Finance & Insurance Sector ChartTue Nov 15, 2022 5:26 pmකිත්සිරි ද සිල්වා
VPEL.N0000 (Vallibel Power Erathna PLC)Sun Nov 13, 2022 12:15 pmකිත්සිරි ද සිල්වා
DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.Mon Nov 07, 2022 6:36 pmකිත්සිරි ද සිල්වා
WATA - WatawalaSat Nov 05, 2022 8:44 amකිත්සිරි ද සිල්වා
KFP.N0000(Keels Food Products PLC)Sat Nov 05, 2022 8:42 amකිත්සිරි ද සිල්වා
Capital Trust Broker in difficulty?Fri Oct 21, 2022 5:25 pmකිත්සිරි ද සිල්වා
IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?Thu Oct 20, 2022 10:13 amකිත්සිරි ද සිල්වා
What Industry Would You Choose to Focus?Tue Oct 11, 2022 6:39 pmකිත්සිරි ද සිල්වා
Should I Stick Around, or Should I Follow Others' Lead?Tue Oct 11, 2022 9:07 amකිත්සිරි ද සිල්වා
DV-2024 Program: Online RegistrationThu Oct 06, 2022 11:26 amකිත්සිරි ද සිල්වා
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

+40
yaka
knockknobbler
SalmantheGreat
chinwi
jiggysaurus
The Alchemist
slstock
pee ratio
Nitro 7
bugbee
SHARK
KDDND
stocks hunter
shane101
suja
Jana1
Seyon
yellow knife
oneshot
Leon
Hawk Eye
Nuinth
dhanurrox
Sriranga
cseinvestor
smallville
wmdcf
balapas
Backstage
Jimmy
girihell
pathfinder
serene
nihal123
Jana
Ethical Trader
sashimaal
Admin
First Guy
SHARK a.k.a TAH
44 posters
Go down
avatar
serene
Top contributor
Top contributor
Posts : 4850
Join date : 2014-02-26

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Fri Apr 04, 2014 7:24 am
TAH wrote:
serene wrote:Appreciate your work TAH and wish JKH will prove the technicals. If so others will also follow the JKH.Which will create a  Very Happy time. cheers
More often than not JKH has been technical friendly due to its good liquidity  Laughing 

True mate also what i'm seeing is JKH is more or less determine the pattern of APSI.I'm not expert in charts but the comparison of moving averages seems to prove it.So if we can find counters which react to the ASPI trend we might get handy profits by analyzing solely JKH pattern and technicals.
SHARK a.k.a TAH
SHARK a.k.a TAH
Top contributor
Top contributor
Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Fri Apr 04, 2014 10:40 am
Here is the SPSL20 chart update with a bearish view.
Couple of scenarios to ponder about in the week-end.

Harmonic Price Patterns - Page 6 Sp2012
SHARK a.k.a TAH
SHARK a.k.a TAH
Top contributor
Top contributor
Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Fri Apr 04, 2014 10:46 am
The trending up over 33xx is yet to materialize. JKH falling towards 228 from 234+.
I would be more comfortable to shed 100+ points on S&P20 now. or towards 3150 to complete a triple bottom.
The reason being the testing of 38.2% will act as a natural resisitance. This is the phase we are in.
But not necessarily we should see a reversal, it could be that50% or 61.8% could act as RES zones for the Index.
But in any case for such a scenario to exist we should BREAK 33xx jinx with high powered volumes.
But the question would be is this the Right time to break the 33xx levels.

SHARK a.k.a TAH
SHARK a.k.a TAH
Top contributor
Top contributor
Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Fri Apr 04, 2014 11:27 am
Message reputation : 100% (1 vote)
SAMP updated ......

Harmonic Price Patterns - Page 6 Samp12
SHARK a.k.a TAH
SHARK a.k.a TAH
Top contributor
Top contributor
Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Fri Apr 04, 2014 11:29 am
Circled as 3 in GREEN should read as 4
SHARK a.k.a TAH
SHARK a.k.a TAH
Top contributor
Top contributor
Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Fri Apr 04, 2014 11:38 am
The corrected chart on SAMP ......

Harmonic Price Patterns - Page 6 Samp13
Leon
Leon
Top contributor
Top contributor
Posts : 1264
Join date : 2014-03-11

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Fri Apr 04, 2014 1:14 pm
TAH wrote:The corrected chart on SAMP ......

Harmonic Price Patterns - Page 6 Samp13

@TAH, Tnx..
SHARK a.k.a TAH
SHARK a.k.a TAH
Top contributor
Top contributor
Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Sun Apr 06, 2014 1:10 am
Let me know what you think of the BAT pattern which is in final leg towards D leg around 8Rs.
Perhaps it may take few more months.

I did notice the break out around 5.70rs.

Harmonic Price Patterns - Page 6 Citk10
SHARK a.k.a TAH
SHARK a.k.a TAH
Top contributor
Top contributor
Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Sun Apr 06, 2014 10:29 am
JKH would be good for collection @225/-
This could be due to sell off for brief
SHARK a.k.a TAH
SHARK a.k.a TAH
Top contributor
Top contributor
Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Sun Apr 06, 2014 10:32 am
Drew interesting charts of JKH and ASPI ........ something is in the store  scratch 
SHARK a.k.a TAH
SHARK a.k.a TAH
Top contributor
Top contributor
Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Sun Apr 06, 2014 10:43 am
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.
SHARK a.k.a TAH
SHARK a.k.a TAH
Top contributor
Top contributor
Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Sun Apr 06, 2014 10:47 am
As you know i will not post the ASPI chart and dont bother me requesting as well Smile i will not share it.
I have not discussed the reversal targets as yet as +7000 has to come before we could see a major change in ASPI trend.
You know what i mean.
Dont think i am fantasizing with words, but soeaking in technical sense.
sashimaal
sashimaal
Top contributor
Top contributor
Posts : 5785
Join date : 2014-02-28

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Sun Apr 06, 2014 11:22 am
Thank you TAH for your valuable Technical viewpoints
avatar
serene
Top contributor
Top contributor
Posts : 4850
Join date : 2014-02-26

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Sun Apr 06, 2014 11:23 am
TAH wrote:As you know i will not post the ASPI chart and dont bother me requesting as well :)i will not share it.
I have not discussed the reversal targets as yet as +7000 has to come before we could see a major change in ASPI trend.
You know what i mean.
Dont think i am fantasizing with words, but soeaking in technical sense.

Ground is set for a very healthy run bounce  Basketball .But who knows funny things happens silent .
avatar
Nuinth
Top contributor
Top contributor
Posts : 555
Join date : 2014-02-28
Location : Universe

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Sun Apr 06, 2014 12:23 pm
serene wrote:
TAH wrote:As you know i will not post the ASPI chart and dont bother me requesting as well :)i will not share it.
I have not discussed the reversal targets as yet as +7000 has to come before we could see a major change in ASPI trend.
You know what i mean.
Dont think i am fantasizing with words, but soeaking in technical sense.

Ground is set for a very healthy run bounce  Basketball .But who knows funny things happens silent .

Thx TAH for your contribution.

I guess we can see interesting period ahead. Because,

1. Most company will present healthy results pending & comings quarters. Most of companies restructuring their business, investing to new projects/expanding their business. Ex. JKH, SHL.

2. The government will do something for establish the country direction. I guess after the UNHRC & election they understood their status & what they want to improve within next 1-2 years for survival.

3. Hope famouse government back institutions will list in cse & will attract more investors.

These are just my thoughts.


Last edited by Nuinth on Sun Apr 06, 2014 12:24 pm; edited 1 time in total (Reason for editing : Add more content)
avatar
serene
Top contributor
Top contributor
Posts : 4850
Join date : 2014-02-26

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Sun Apr 06, 2014 1:05 pm
Nuinth wrote:
serene wrote:
TAH wrote:As you know i will not post the ASPI chart and dont bother me requesting as well :)i will not share it.
I have not discussed the reversal targets as yet as +7000 has to come before we could see a major change in ASPI trend.
You know what i mean.
Dont think i am fantasizing with words, but soeaking in technical sense.

Ground is set for a very healthy run bounce  Basketball .But who knows funny things happens silent .

Thx TAH for your contribution.

I guess we can see interesting period ahead. Because,

1. Most company will present healthy results pending & comings quarters. Most of companies restructuring their business, investing to new projects/expanding their business. Ex. JKH, SHL.

2. The government will do something for establish the country direction. I guess after the UNHRC & election they understood their status & what they want to improve within next 1-2 years for survival.

3. Hope famouse government back institutions will list in cse & will attract more investors.

These are just my thoughts.

Also
1. Banks and NBFI's will be stronger if the pending mergers are successful.May be foreign loans with less Interest rates if the Sovereign ratings improved due to stability in financial sector
2.Less corruption due to International pressure and the little red light on concluded election.
3.Lower interest rates would encourage investments.
4.Even in the CSE less manipulation can be seen compare to past.

My personal view as well.


Last edited by serene on Sun Apr 06, 2014 1:06 pm; edited 1 time in total (Reason for editing : Addition to content)
SHARK a.k.a TAH
SHARK a.k.a TAH
Top contributor
Top contributor
Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Mon Apr 07, 2014 1:44 pm
Harmonic Price Patterns - Page 6 T20-ba10

This is the Banner on CSE ......

Well-done LIONS
SHARK a.k.a TAH
SHARK a.k.a TAH
Top contributor
Top contributor
Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Mon Apr 07, 2014 1:58 pm
Perhaps July-Sep period more companies will declare dividends.... So now is the time to collect shares eyeing those announcements ....
SHARK a.k.a TAH
SHARK a.k.a TAH
Top contributor
Top contributor
Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Mon Apr 07, 2014 2:13 pm
Looking at PABC did not declare dividends & Nimal collected +100k shares.

in technical view we could see this share going up at least 4-5 Rs in the short term.

TAH
avatar
dhanurrox
Posts : 791
Join date : 2014-03-27

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Mon Apr 07, 2014 2:38 pm
TAH wrote:Perhaps July-Sep period more companies will declare dividends....  So now is the time to collect shares eyeing those announcements ....
TAH our ASIY awaits.
SHARK a.k.a TAH
SHARK a.k.a TAH
Top contributor
Top contributor
Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Mon Apr 07, 2014 2:43 pm
dhanurrox wrote:
TAH wrote:Perhaps July-Sep period more companies will declare dividends....  So now is the time to collect shares eyeing those announcements ....
TAH our ASIY awaits.
well i am not sure they will match .38c dividends.... what you think.
As per their policy they will maintain a 20% payout on NPAT.  Very Happy 

How ever lets the 10c dividends if we receive would be better off than CTBL am i right.  Rolling Eyes 
SHARK a.k.a TAH
SHARK a.k.a TAH
Top contributor
Top contributor
Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Mon Apr 07, 2014 2:48 pm
This is because you are paying a premium of 1Rs if you are holding CTBL. whilst ASIY costs only 3.10.

My original post on ASIY was that the counter would be a good collection at around 3.10 which we are in. that came in from 3.80.

If in case they match .38c dividend or slightly better, then this is in a massive discount .

.38/3.10*100=12.25%/6months*12months that should give 25% return on dividend payment alone.
Then what about the capital gain.

All in all to sum up ASIY 3.10Rs is a good collection if you were able to collect it.

SHARK a.k.a TAH
SHARK a.k.a TAH
Top contributor
Top contributor
Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Mon Apr 07, 2014 2:51 pm
Similarly see the SAMP bullishness.
On XD date this was trading around 183-184. Then came to 173 and now back again 180 in a span of few days .....

I am hopefull this will easily be in 200Rs in the coming months
avatar
dhanurrox
Posts : 791
Join date : 2014-03-27

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Mon Apr 07, 2014 3:02 pm
TAH wrote:This is because you are paying a premium of 1Rs if you are holding CTBL. whilst ASIY costs only 3.10.

My original post on ASIY was that the counter would be a good collection at around 3.10 which we are in. that came in from 3.80.

If in case they match .38c dividend or slightly better, then this is in a massive discount .

.38/3.10*100=12.25%/6months*12months that should give 25% return on dividend payment alone.
Then what about the capital gain.

All in all to sum up ASIY 3.10Rs is a good collection if you were able to collect it.

Decision makes hold almost all the shares.I think close to 97%.more than .10 possible.I don't have this yet.Last time enjoyed the party.
SHARK a.k.a TAH
SHARK a.k.a TAH
Top contributor
Top contributor
Posts : 338
Join date : 2014-03-01
Location : Abu Dhabi, UAE

Harmonic Price Patterns - Page 6 Empty Re: Harmonic Price Patterns

Mon Apr 07, 2014 3:29 pm
If they (ASIY) persist with similar payout like last time oooh boy it would be in massive collection by most. with a possible reaching it to 5Rs over CTBL 4Rs CMP.
But all this would be speculative....

Lets be patient till AUG-SEP Smile
Back to top
Permissions in this forum:
You cannot reply to topics in this forum