Pattern recognition for false rally identification

Dileepa · 1 Pattern recognition for false rally identification Thu Sep 08, 2011 7:11 pm

Dileepa

Senior Manager - Equity Analytics

Posts : 346
Equity Stars : 6261
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Join date : 2011-03-21
Location : Tokyo

For the last couple of day I was running a pattern recognition program through DirectFN data base.
Surprisingly enough, it gave me a list of alerts regarding particular trading patterns.
I was waiting till week end to make a thorough analysis, but having seen today's market I'm posting this in a hurry. Don't get yours self caught. (this is not about technical stuff, but a word of caution)

Following is the price fluctuation of BLUE and E-Channelling

■BLUE
Pattern recognition for false rally identification Blue10

Pattern recognition for false rally identification Blue10

■ECL

Pattern recognition for false rally identification Echann10

As you may have seen the similarities, I'm making this short and sweet.

①ECL buy 13672100 shares of BLUE
②ECL buy 13672100++ shares of BLUE to British American Tech. British American Tech buy 266200+ shares of ECL (ECL & British American Tech has 3 directors in common)
③you will find out soon

This is not to discourage anybody but beware of the big picture. (and CSE is full of master plans)

RealViewer

RealViewer

Senior Equity Analytic

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Great work man
Plus rep from me.
Could u elaborate more, for the benefit of interested ppl.

sas

sas

Senior Manager - Equity Analytics

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cannot digest much, but admire your effort. +rep

viper123

viper123

Manager - Equity Analytics

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can u please tell us how to do this?

Roboticfx

Roboticfx

Senior Vice President - Equity Analytics

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Location : 5° 55'N - 9° 55' N and 79° 42'E - 81° 52E'.

I know only, there's a downward after every upward. Good effort. Happy trading! Very Happy

Dileepa

Dileepa

Senior Manager - Equity Analytics

Posts : 346
Equity Stars : 6261
Reputation : 44
Join date : 2011-03-21
Location : Tokyo

RealViewer wrote:Great work man
Plus rep from me.
Could u elaborate more, for the benefit of interested ppl.

Thanks for the rep. I don't like to dig deep in to this.
But could not keep my mouth shut. bounce

Just copy pasting from a different post.

Dileepa wrote:For god sake, There is no rally in this company.
One of the worst and highly manipulated share in the market.
People make investment decisions by just glancing through price fluctuation.
Income statement shows the how corrupted this company is.
Net Profit of the Company is as follows.
---------------------------
Y2008 : 10.4 Million (Profit)
Y2009 : -19.4 Million (Loss)
Y2010 : -20.1 Million (Loss)
Y2012 : -12.1 Million (Loss)
---------------------------
P/E ratio of BLUE is bellow zero(MINUS).
If you go to CSE, select BLUE and look at trade summary,
ratios are from financial year 2008 (the only year they make a profit)
------------------------------------
P/E (ttm) as of 2008-03-31: 22.5
EPS (ttm) as of 2008-03-31: 0.12
------------------------------------
:
:

Rajaraam

Rajaraam

Vice President - Equity Analytics

Posts : 1208
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Join date : 2011-07-01

[quote="Roboticfx"]I know only, there's a downward after every upward. Good effort. Happy trading! Very Happy

[/quote

Share price fluctuation is good for trading I believe. Isn't it?

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Pattern recognition for false rally identification

1 Pattern recognition for false rally identification Thu Sep 08, 2011 7:11 pm

Dileepa

2 Re: Pattern recognition for false rally identification Thu Sep 08, 2011 9:13 pm

RealViewer

3 Re: Pattern recognition for false rally identification Thu Sep 08, 2011 9:52 pm

sas

4 Re: Pattern recognition for false rally identification Thu Sep 08, 2011 9:59 pm

viper123

5 Re: Pattern recognition for false rally identification Thu Sep 08, 2011 10:18 pm

Roboticfx

6 Re: Pattern recognition for false rally identification Fri Sep 09, 2011 8:09 pm

Dileepa

7 Re: Pattern recognition for false rally identification Fri Sep 09, 2011 8:46 pm

Rajaraam

8 Re: Pattern recognition for false rally identification

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