TA ANN is On Sideways

TA ANN 走完了对称横盘后，却收在4.15 以下，后面的走势都不会乐观。二月21 号跌破支撑 4.10，来到波段跌幅大约3.80，而最低来到关键支撑3.70。我觉得日后将会在3.70 以上有一段横盘发展，而3.93 将会是压力线；所以在操作上，我会在大约这个区间进场布局，然而，在这个非常期，看好支撑是必要的。

Hug TA ANN Again

再拥抱TA ANN。
TA ANN 在突破4.00 后就一连三个交易日往上涨，然后在大约以 4.10 为支撑处做一个小幅横盘，最后在一月20号跌破了4.10 和上升趋势线。然而，却止跌于大约4.00，然后又横盘了6个交易日后，在二月2 号出现翻转而重新站上了支撑4.10。基本上，这就是我在这里提到的当
TA ANN 到达波段涨幅后，都会横盘震荡。如今我认为TA ANN 会做一个横盘对称，支撑在 4.10，而4.15 可视为强弱界线，如果走势可以维持在4.15，那么我认为冲破前高 4.27 是可以期待。

TA ANN is raising in 3 trading day continuously after breakout 4.00, then made a small sideways with support 4.10, but the support is broken as well as the uptrend line too at 20/1. However, the falling TA ANN is stop at around 4.00, then stood up to the support 4.10 again after 6 trading day. Basically, this is what I've mentioned here before that TA ANN will having a sideways shaking after the target is reached. Now, I think TA ANN will having a symmetric sideways with the mentioned support 4.10, and 4.15 can consider as strong-weak line. If TA ANN trend is maintained above 4.15, then I expected the breakout of previous high 4.27 will happen, or vice versa. 

TA ANN Checkpoint

TA ANN，靠着这两天的喷出终于看到4.00 了，就如预期的到达了小波段涨幅；然而，这也代表即将进入大压力区。通常到达了波段涨幅后，后面跟随的就是震荡整理，这也看似配合了目前的走势 - 进入大压力区。

如今这里有两条线我会特别注意 (1) 上升趋势线和 (2) 支撑 3.95，如果TA ANN是属于强势股，那么应该会在支撑或以上来做震荡以抵消前头部构成的压力区，反之，就是在支撑以下。但无论在那里做震荡，这都不算是进入空头状态；虽然如此，操作上还是需要考虑风险管控以提防回测的力度。

TA ANN Is Riding On The Next Theme

16/11 的一根开高走底，基于周边环境的影响而导致一连4 个交易日的下跌，然而我依然维持部位，因为分析告诉我答案会在周线里。这一连4 个交易日的下跌，让TA ANN 跌回关键支撑之下（正确来说是第二关键支撑），之后就在整理区的起涨点找到支撑，开始就逐步往上爬直到今天重新站上第二关键支撑。

(1) 9/11 的美国总统大选的大利空后，不跌反涨。
(2) 底部规模远大于头部。

以上的这两个因素而让我确定答案就在周线里。

然后，再配合(3) 回测起涨点支撑和(4)周K 也正式收在第二关键支撑之上，就这四点让我决定再度加码在3.70。目前来看，日和周K 线都已经站在第二关键支撑之上，下一个需要观察的就是月K 的表现了，也就是下个礼拜 28, 29 & 30 的交易日能否维持在第二关键支撑之上；短线压力在3.85。

TA ANN is open high close low at 16/11 and then continue to close low in the four subsequent trading day due to the uncertainty from money market, and this make TA ANN is fell below the key support again (to be exact, it should the second key support), until it found support at 3.63 which is the breakout point from the previous consolidation zone. After that, TA ANN is gradually going up and stood above the second key support again.

(1) TA ANN is resist to fell after the big surprise from the US Presidential Election.
(2) Base structure is more bigger than head structure.

These 2 factor determined the answer is from weekly chart. Then, with the (3) back tested at support 3.63, and (4) TA ANN is stand above the second key support in weekly chart. Therefore, I am decided to overweight again at 3.70. So far, the next challenge will be in monthly chart, which is for the three following days in next week whether still maintain above the second key support; short term resistance is at 3.85.

在技术上，我认为只要日和周K 都站稳在第二关键支撑之上，那么3.70 以下的形态就变成了一个底部，以支撑TA ANN　在第二阶段的走势。这个第二阶段的走势将会游走在第二支撑和压力区之间（保守估计大概半年之久），在月线图会看得更明显 （a 和 c 之间），一旦可以突破层层压力，那么就是一个多头行情的开始了。

操作上，就我常说的回测支撑永远都是最好的买点，如果想要买进的投资者，可以等待回测第二关键支撑时才做进场的动作。无论如何，都请看好支撑和压力，进场前也必须了解自身的风险承担能力。

Technically, I think as long as the candlestick from daily and weekly chart is still stand above the second key support, then the structure below 3.70 will become a foundation,  to support TA ANN trend in phase 2. The phase 2 will be moving in the between of second key support & pressure zone, this will be more obvious in monthly chart (between a & c line). So, bullish is expected if successful breakout from pressure zone.

Operation wise, I often said, retracement is always the best buy timing. Anyway, must always eye on the support and resistance, and please understand the risk capacity before entering the market.

周线图

月线图

以下更新：

股价反应未来，在16/11 开始的一连四个交易日下跌除了周边环境的影响，也许是连带反应了即将在　21/11 推出的第三季度财报会比去年同期的EPS 来得差（下跌了大概23%）；然而在22/11 就开始止跌上涨，这也反应了TA ANN 的利空出尽，市场对TA ANN 的未来开始乐观，毕竟这个第三季度的财报在目前来说表现也不算差。

下图是　FCPO的周线图。

在2016 年初走势开始突破了长天期下降趋势，然后７月份回测支撑成功，第一关键支撑确立。随后在八，九月分虽然一度失败挑战压力线 1，然而在11 月初一根长K 直接挑战成功（注：在月线图上，压力线1是一个头部颈线）。如今压力线 1 成为第二关键支撑，而目前短期支撑在2910，涨幅目标可以去到大概3221。

基于以上这两点，让我确定了之前对TA ANN 的看法和布局是正确的。但无论如何，一旦到达了目标价格后就必须小心回调的压力。

Updated:

The future is always reflected in stock price, perhaps, TA ANN sliding down in last week is reflect to the coming release of third quarter report is as not expected, which is the EPS is reduce if comparing to the same quarter last year. However, rebound is started at 22/11, this may reflect all the bad news is running out, and market is optimistic to TA ANN future, in fact, the third quarter report is not really that bad too.

Observe from FCPO chart, in early of 2016, trend is began to break through the long-term decline line, and then it back-tested successfully in July then the first key support line is establish. Although it fail to challenge the resistance line 1 in August and September, however, a nice breakout in November (resistance line 1 is actually a neckline if observe in monthly chart), So, now the second key support is establish, short term support at 2910 and target price is 3221. 

Therefore, based on these 2 factor I will think my analysis is still valid, but no matter how, please be aware from the pressure of retracement once the target price is reached.

TA ANN, Phase 2.

今天TA ANN 继续往前推进，突破了大压力线，进入了大压力区，就如我说过的一旦突破关键压力，压力变支撑，TA ANN 的走势将会进入下一个阶段。

技术上分析，关键支撑在3.73 (或3.74)，而关键支撑是不能被跌破，最好的是日K 收在关键支撑之上。目前来看，短期波段涨幅在大概 4.00；而中长期，只要不跌破关键支撑，日后将会维持大概两个月的大横盘走势，以逐渐消化前面第一段的空头结构。

基本上，TA ANN 现阶段的走势可以告一个段落，牛打败了熊，现在就看牛在下一个阶段的表现了，希望股价就一路向北。


Today TA ANN continues to move forward, breaking through the major pressure lines and heading into the big pressure area. As I mentioned in previous post, once the key pressure is breakout then TA ANN will enter to the next stage.

Technically, the key support at 3.73 (or 3.74), and this can not be broken. Currently, the short-term target price is at about 4.00; for mid-long term, TA ANN will maintain a large sideways trend to digest the first short structure gradually as long as the key support is not broken.

Basically, I think first stage of TA ANN trend is ended here, bull beat the bear, next is to see how bull is perform in the second stage. So, hopefully is all the way to north.


Previous Post:

TA ANN Bull Run Is Starting Up?!

Is TA ANN U Turn?

TA ANN, My Opinion

TA ANN, My Update

TA ANN, Come On!

TA ANN, Back To Fighting

TA ANN, Bear Attack

TA ANN Is Counterattack

TA ANN, Bull-Bear War

TA ANN Is Counterattack Again

TA ANN Is Counterattack Again

TA ANN 横盘整理了大约三个月，之前多次突破都被空头袭击，可是最后都还可以站稳在3.45，这让我决定在3.45 - 3.50 之间从新进场布局。今天 11/11 终于做出了第三次突破，而且还是在9/11 的美国总统选举的大利空之后，多头吹起了反攻的号角，突破了这个更大的三角收敛 (或 a 线)。

技术上来看，目前的支撑在3.59，也就是突破点（起涨点）最好是不能被跌破，而3.68 将是要挑战的压力，至于3.73 将会是关键压力，一旦突破站稳在3.73，压力变支撑，3.73 就会成为一个关键的多头支撑，届时TA ANN 的走势就会进入了下一个阶段。

TA ANN sideways is for about three month before it breakout by today (11/11), before that was facing many times from bear attacks, but stand still at 3.45, and due this is factor, I decided to overweight on TA ANN again between 3.45 - 3.50. Finally, it make a third breakthrough, which is against to the bigger triangle (between the line a & b) after the US presidential election, where this is a bull counterattack.

Technically, the support is at 3.59 which is the breakout point must not allow to broken. Now, 3.68 is the next challenge, and 3.73 will be the crucial resistance line, once breakthrough and stand steadily above 3.73, then TA ANN trend will be going to the next stage.

纯粹分享，买卖自负。

TA ANN, Bull-Bear War

多空交战，惨不忍睹，空方在上个星期五就一口气杀破多头支撑 3.57 和第二道下降趋势线，然后停在底部支撑点 3.45，这一下子将整个走势都破坏掉。目前支撑来到3.45，也就是底部突破后的支撑点。如今走势很熊，还出现了一个假突破；在操作上，由于之前已经减码，所以在多空趋势还没有明朗之前，我依然会持续观察。


Bull-Bear war is on TA ANN, bear side attack and break below the support 3.60 and line (b) in last Friday, then stopped at 3.45 which is the base support, so the whole trend are destroyed. Currently, 3.45 is the anchor support, which is also a breakthrough point from the base. Now the trend is smell bear, and a fake signal is appear too; from operation wise, since I've underweight before, so I will still continue monitoring and without any action until a clearer situation is observed.  

TA ANN Is Counterattack!

TA ANN 漂亮反击！
今天完全突破了第二道下降趋势线，或可以视为做了三角收敛的有效突破，如果这次是属于多头攻击讯号，那么就不会再跌破支撑或回到第二道下降趋势线以下。目前，下一个的挑战就是压力线，但是只要可以越过3.68，要越过压力线就应该不会是一个问题，至于波段涨幅，我想等到越过了3.68 才来估计吧。

另一方面，最近棕油期货的走势和TA ANN 好像有点脱离，前者还是维持在横盘。但无论如何，我会持续观察。


TA ANN is counterattack!

Today, broke the second track of downtrend line completely, or may consider as a effective breakthrough from breakthrough triangular convergence, if this is the bullish attack signal, then it will not fall below the support or return below the second track of downtrend line. Currently, the next challenge is the resistance line, as long as surpass 3.68, then to cross the resistance line should not be a problem, but I think I won't put target price estimation yet until 3.68 is surpassed.


On the other hand, the recent trend of Bursa Malaysia Palm Oil Plantation Index (FBMPALMOIL) and TA ANN seems a bit off, as of FBMPALMOIL is still remained at the former sideways. But anyway, I will continue to observe.

TA ANN, Bear Attack

追踪了TA ANN 那么的一段时间，最后居然在 7/10 一根直接破坏了上升线和(a) 线，毕竟也是需要遵守市场的方向，我当天就马上减码了。如今TA ANN 徘徊在支撑3.45，而3.45 是底部的一个突破点，所以是非常重要的支撑，一旦跌破就会进入下一个横盘区间。其实，如果再往前做观察，可以注意得到在六个交易日后的时间框对称马上出现了弱势表态，这可以做为一个减码（或卖出）讯号，以作为更好的风险管控；这也同样的出现在TUNEPRO 近期的走势，而我也即将会在下一篇分享。

另外，从棕油期货的走势，大略可以看得出TA ANN 如何被牵动着。如今棕油期货是在走向一个三角收敛，如果不幸跌破，那么我想TA ANN 也会跟着破支撑。无论如何，这个答案应该会在这两个礼拜内揭晓，毕竟拖得太久也不会是一件好事。



TA ANN has been tracking for some time, but it fell below both line (a) & ascending line at 7/10, then I immediate reduce my position on TA ANN at the same day since it is a must to comply with the market direction. Now, TA ANN support is hovering at 3.45, and 3.45 is a crucial support because it is a breakthrough point from the base, if once broken it will enter to the next sideways. In fact, if do observation in the previous trend, we can notice there is a symmetrical time frame of six trading days, and TA ANN trend is go weak after end of the time frame, which can be used as a signal to reduce TA ANN position, as a better risk management; this is also appear in the TUNEPRO recent trend which I will share in my next post soon.

Moreover, from the trend of Bursa Malaysia Palm Oil Plantation Index, probably we can see how the TA ANN is affected. So, the Palm Oil Plantation Index are now moving toward a convergence triangle, if unfortunately broken, then I think TA ANN will break it support too. Anyway, the answer will unfold within this two weeks, because it is not a good thing too drag too long.

TA ANN, Back To Fighting

近期的金融市场波动不断，一样也导致了个股的走势起伏不定。
自从 TA ANN 不带量的站上了3.57 后，只是维持了六个交易日就跌回3.57 以下，如今的支撑来到之前的起涨点 3.51，这就如我在之前所提到的需要多注意。现在，观察点在上升线和 (a) 线，如果上升线被跌破，就意味了走势的轨道即将改变，同时间在 3.51 的起涨点也被消灭掉了。所以，近这几个交易日将会是一个关键，一旦发生，我就会开始减码。

The recent financial market volatility is continued, as also led to the individual stocks fluctuated.
Since TA ANN stand above 3.57 without volume, but it just successful maintain in six trading day before dropped back to below 3.57, now the support is came to 3.51, and this is what I've mentioned in previous post that the extra precaution is require. Now, the observation point is on the ascending line and line (a), if the ascending line is broken, it means the trend is going to change, at the same time the attack signal at 3.51 has also been wiped out too. So, these few coming trading day will be very crucial, once happen I will start to reduce my TA ANN position.

TA ANN, Come On!

TA ANN 今天终于突破了下降趋势线 (a)，也意外的一口气站上了3.57 收在3.60，回补了13/9 和 21/9的空方攻击。这也许是主力的信心在FED 利率决策会议出炉后，扫除了市场的不确定性而开始回稳了；此外，也加上棕油期货走强的因素从而带动这次的涨幅。但是，唯一的不足就是不带量，也许这个日后需要多注意。

在技术上，既然站得上就别破线，目前支撑提升到3.57，或则保守点支撑可以设在3.52。操作方面我依然是维持手上的部位，不会做任何的加码动作，直到突破3.70。


TA ANN finally broke the downtrend line (a), surprisingly stood above 3.57 and close at 3.60, thus covering the short side attack on 13/9 and 21/9. Perhaps, big player confident is regain through the uncertainty is removed after the FED interest rate decision is released; besides, the strong trend of Bursa Malaysia Palm Oil Plantation Index is an additional factor too. But the only downside is without high volume, probably an extra precaution is require in the future.

Technically, support 3.57 cannot be destroy, or support at 3.52 for more conservative. In Operation wise, I still maintain my current stock position, then overweight once breakthrough 3.70.

Related
TA ANN Bull Run Is Starting Up?!
Is TA ANN U Turn?
TA ANN, My Opinion
TA ANN, My Update

TA ANN, My Update

今天的TA ANN 收得让我有点失望，不止突破不了下降趋势线 (a)，而且还要一天就跌破了从14/9 一连三天的推升段，然而这次是否能再重演1/9 和 2/9 时的翻转讯号？ 那就必须要看明天主力的心情了。

在技术上，目前的走势的确有点弱势，但还不至于断定转为空头趋势，只是又再度的进入了横盘状态如果一旦跌破3.44。在操作上，如果出现了小破线，都需要特别注意部位的调整以确保组合还是在安全边际的范围内，毕竟安全第一。


Today TA ANN closing makes me a little disappointment, not only could not break the downward trend line (a), but also fall below the short term support 3.48, which is the push-up segment since 14/9, however, whether the reversal signal (like 1/9 & 2/9) will be repeated again? Then, we will see by tomorrow.


Technically, the current trend was a little weak, but bearish trend is still early to judge; once again, it will entered into sideways if fell below 3.44. In operation wise, once a break line, then an extra precaution is require to adjust the position to ensure the margin of safety is fulfilled, because of safety first.


Related
TA ANN Bull Run Is Starting Up?!
Is TA ANN U Turn?
TA ANN, My Opinion

TA ANN, My Opinion

Gone through this week devastation, KLSE fell about 40 points, including TA ANN has also been fell below 3.44 during the trading day, but succeeded in closing above the support finally. Now, next week will be crucial weeks after FED 's decision-making meetings will influence to the cash flows and asset pricing, and thus will lead stock prices go to bearish direction.

In my opinion, TA ANN bullish structure has not been destroyed or said that has not yet appeared short trend, 3.44 is the support. If once fell below support, then will having a period of sideways with the support at 3.23, which also means that require patient again. Therefore, as long as do not fall below 3.23, the trend structure of TA ANN still unchanged. Currently, I still will remain TA ANN in hands, but hope TA ANN safety when facing the challenge for next week.


经历了这个礼拜的摧残，KLSE 跌了大概40 点，包挂TA ANN 的走势也曾经在盘中跌破支撑3.44，一度挑战颈线，但最后还是成功收在支撑之上。如今，下周将会是关键周，毕竟FED 的决策会议会对资金流向和资产定价产生巨大的影响，从而会对股价产生走空的方向。

我的看法，TA ANN 的多头结构还没有被破坏或则说还没有出现空头趋势，多头支撑 3.44 要守住，而且最理想是可以突破下斜趋势线。如果一旦跌破支撑，一段横盘又会出现了，支撑在 3.23，这也就意味了又需要消磨耐心。所以，只要不跌破3.23，TA ANN 的走势结构还是没有转空。目前只要趋势的结构没有改变，我依然会维持手上的部位，但是面临下周的挑战就希望TA ANN 可以平平安安。


Below here is the chart with more detail from my first TA ANN analysis.

Is TA ANN U Turn?

Is TA ANN U turn?
TA ANN second quarter financial report is below market expectation, and direct cause the price going down significantly, thus form a small head shape in technical analysis, and now 3.4 is my estimated downtrend target price. 

Currently, I predict at least it will have a two and half month sideways, because bearish structure is not destroy yet. So, TA ANN is U turn? I think now is too early to said, even though I still remain my previous view on TA ANN.


TA ANN 开始U Turn 了吗？
TA ANN 第二季度的财报低于市场预期，直接导致往上欲拉无力，翻转下杀然后在技术上形成了一个小头部，预测跌幅大概在3.4。

目前，我个人认为后续至少会有一段横盘走势，初步估计大概两个月半，毕竟多头结构还没有比破坏。所以，TA ANN 开始U Turn 了吗？我认为现在还言之过早，甚至我依然维持之前对TA ANN 大胆看多的看法。

TA ANN Bull Run Is Starting Up?!

Actually, I am not the fans of Palm Oil stock, because the Malaysia Palm Oil Index (FBMPALMOIL) trend is not optimistic, but I notice that TA ANN righting strong signal (翻强讯号) at about end of July, and then made a show a positive side in the symmetric time frame (时间框对称), then breakthrough the resistance. Although short term target is reached currently, the support came to 3.52, but I think TA ANN bulls will not just ended like that, conversely, as long as the support is not broken, I will be bold estimate this is the TA ANN bullish trend. 

其实之前我都蛮不看好油棕股，因为当时FBMPALMOIL 大马油棕指数的走势并不乐观，但是却在大约7 月尾时注意到TA ANN 出现翻强讯号，然后也在对等的时间框作出了强势的表态，之后就突破阻力上涨。虽然目前的短期满足已经到达，支撑来到3.52，但是我却认为TA ANN 的多头不会就这样结束，相反，只要能维持在支撑，这次我大胆点预估这个将会是TA ANN 的主升段。