MartinTFWong

MartinTFWong

Based on daily chart above, Innodata formed a classic Volume Spread Analysis pattern with 18 Line Change (18LC) signal. The 18LC signal broke above the resistance level and accumulation zone indicating the beginning of Mark-Up stage. The daily chart has detected the shakeout by Smart Money to remove the weak-hand holders before the mark-up. The Spring bar on 14...

MartinTFWong

Based on daily chart above, the uptrend is further strengthened with confirmed Spring and No Supply bars. The 2 Sign of Strength bars shown Smart Money is still interest to mark-up the price by testing the supply in the support level. Place your stop loss below the 2 Sign of Strength bars and take profit at resistance or the next Sign of Weakness bar. Send us...

MartinTFWong

Analysing the stock markets using Volume Spread Analysis (VSA) signals can detect imbalance of supply and demand. The shakeout signal is a way for the Smart Money to shake out the weak holders from the stock., i.e. force them to sell. The weak-hand holders are the retail traders and if the price of a stock begins to plummet, they begin to panic and force to sell,...

MartinTFWong

Hidden Potential Selling is clearly spotted in Supermax chart. Based on Volume Spread Analysis, the bar on 22 November have formed an Up-Thrust signal follow by a confirmation on the next day. The price breakout above resistance but close lower toward the end of the day shown Smart Money is distributing again at the top. An Up-thrust bar is a wide range bar seen...

MartinTFWong

Unisem formed a nice uptrend with price makes higher highs and higher lows. The price broke above the resistance level at RM3.17 with widespread bar and high volume. After the breakout, price immediately move sideways with narrow spread bars. The narrow bars with low volume shown Smart Money is test the supply in the market and formed a support level. Currently...

MartinTFWong

Based on the daily chart, the trend for Dancomech just started turned to bullish. Dancomech have moving sideways in accumulation stage for more than a month with resistance at RM0.495. The bar on 22 Nov broke above the resistance level with widespread bar (18LC) and high volume. This indicate the beginning of mark-up stage. Few sign of strengths are well spotted...

MartinTFWong

Smart money is shaking out the weak-hand holders by pushing the price below the support level on 23 October 2018. Notice the price eventually closed above the support level on 5 November 2018 indicate smart money have successfully removed the weak-hand holders. Currently, Smart money is still testing the supply in this market near the support level. The testing...

MartinTFWong

Guan Chong moving up nicely in uptrend after a re-accumulation stage in October. The background is relatively strong with long accumulation period since April and several 18 Line Change bars to push above the resistance level. Currently Guan Chong is testing the new high (resistance level) with an 18 Line Change bar. However, notice the volume (16 November 2018,...

MartinTFWong

Based on the daily chart above, the re-distribution stage is spotted on 20 August 2018 when Bullish HeatZone turned to Bearish HeatZone. This is the early signal of potential selling by the Smart Money and this is confirmed by another exit signal on 3 September 2018 when the price broke below ATR Stop Loss. The early exit signal by detecting the hidden selling can...

MartinTFWong

Based on hourly chart above, Prestariang formed a classic Volume Spread Analysis buy setup. 18 Line Change signal is spotted (as highlighted in red box) after accumulation stage with high volume. The increases in volume indicates smart money is locking up the weak-hand holders. Notice there were no Sign of Weakness after the price break above the resistance...

MartinTFWong

RenHe (1387.HK) in HKEx gained 67% in 2 months. Follow these 3 simple steps to identify next trading opportunities in overseas market. Step 1 – Identify Strength / Weakness of the Stock Background 3 months of accumulation with low volume and narrow spread bar. TradeVSA spotted lots of hidden potential buying during the accumulation zone. Notice several spring...

MartinTFWong

Smart Money is flushing out the weak-hand holders out of RanHill again. Notice the bar on 24 Occtober, the price broke below support at RM0.985 and subsequently close above the support level on 29 October. Based on the daily chart, Smart Money still interested to support and push the price above resistance level despite bearish market for last 3 weeks in KLCI....

MartinTFWong

NextGreen still holding in the support level despite bearish market in KLSE. Notice from the daily chart above, smart money has accumulated the stock with low volume and pushes the price higher on September and October with high volume. Currently price is moving sideways with lower volume indicate smart money is still interested by absorbing the supply slowly....

MartinTFWong

Merge Energy continue to show strength in the chart. No hidden potential selling yet based on the daily chart. Continue to run profit

MartinTFWong

No Sign of Weakness so far from Ranhill chart. Continue to run profit

MartinTFWong

+33% return in 2 day since 18 Line Change signal. No weakness / hidden potential selling so far, continue to run the profit.

MartinTFWong

Stocks dump traders all the time with bad news. Most of the traders will turn their attention elsewhere once they been hit by stop loss. However there some good reasons to keep an eye on the stock that bumped you if you have performed the chart analysis correctly. If the market remains in a confirmed mark-up stage or stage 2, just keep it on your watch list....

MartinTFWong

Stocks dump traders all the time with bad news. Most of the traders will turn their attention elsewhere once they been hit by stop loss. However there some good reasons to keep an eye on the stock that bumped you if you have performed the chart analysis correctly. If the market remains in a confirmed mark-up stage or stage 2, just keep it on your watch list....