exponential moving average

dennis might be able to see reversal, hence buying signal in KNM (7164.KL), an leading oil and gas process engineering equipment provider in malaysia, it isn't only an hot company solely because of good fame in its business field, but it is being the most actively traded stock counter in bursa malaysia, most the days in a year, it has satisfying daily trading volume for technical analysis rules to be applies on it, which causes dennis to describe it as a "terrific" or "amazing" stock counter for technical analysis......

dennis is wondering why is technical analysis is so powerful in securities price prediction, to the extent that many professional analysts are applying it, or at least paying attention to it, whether they agree or disagree with technical analysis approach......

there is a big question mark in dennis' mind , but before the doubt in his mind about technical analysis approach is fading away, he is already a practitioner of technical, a junior in this field..... rather than fundamental analysis.

pic of the day

dennis was simply surfing internet, at a very dull and high temperature afternoon, he was looking for some ong tee keat's profiles and history, and surprisingly, this was a certainly wrong but exceptionally interesting pic he found using google image search with keyword "ong tee keat", dennis seemed to be fated to be entertained by this funny pic, it seems to be a suitable analogy to our very own country's politic arena, where both the pakatan rakyat and barisan nasional are playing in "malaysia playground" but it's a bully indeed, n obviously. hey... big boy, be gentle la....