Based on the recently developed multi-indicators trading systems , the key indicators & buy signals are summarised as follows:

  • Price crossover above lower Keltner Channel (20,2.25) 
  • RSI(14) crosses above 30.0 
  • RSI(14) was below 30 for the last 5 days 

Based on the above stated technical rules, the following is the results of the stocks screening (as of 4 Jul 2017):

Screening 05072017.png

Tien Wah

Strictly for illustration – potential support at $1.75 and resistance at $2.08

TienWah_04072017.png

CYL

Strictly for illustration – potential support at $0.65 and resistance at $0.80

CYL_04072017.png

Buy signals generated from stocks screening should be always assessed critically. Signals could be just mere random noises. Further background / fundamental research / detailed backtesting is definitely required.  

DISCLAIMER: THIS IS A PERSONAL BLOG AND SHALL NOT BE RELIED IN WHATSOEVER MANNER BY ANYONE. ALL ARTICLES CONTAINED IN THIS SITE ARE STRICTLY FOR INFORMATION AND ILLUSTRATIVE PURPOSES ONLY AND DOES NOT PURPORT TO SHOW ACTUAL RESULTS. IT IS NOT, AND SHOULD NOT BE REGARDED AS INVESTMENT ADVICE OR AS A RECOMMENDATION REGARDING ANY PARTICULAR SECURITY OR COURSE OF ACTION. SOURCES USED IN THIS SITE HAVE NOT BEEN INDEPENDENTLY VERIFIED FOR ACCURACY, COMPLETENESS AND TIMELINESS. YOU SHOULD SEEK INDEPENDENT AND PROFESSIONAL INVESTMENT ADVICE IN REGARD TO YOUR INVESTMENT DECISIONS. THE AUTHOR MAY HOLD POSITIONS IN THE SECURITIES MENTIONED IN THE ARTICLES