Disclaimer: This blog purely reflects own personal views. All information provided here, including recommendations should be treated for informational purposes only. All fundamental and technical analysis do not constitute buy or sell recommendations. The author should not be held liable for any informational errors or for any actions taken in reliance on information contained herein. Kindly conduct own survey or consult investment professionals prior making any decision. 自己负责自己的决定，自己的决定自己负责
ARANK first appeared in my blog on 30 March 2017. You can also click HERE to view my first post about ARANK. ARANK's A-RANKed Mission Impossible??? Well, i think its possible, because I M POSSIBLE~
1. Fundamental Analysis
Revenue and Net Profit for ARANK from malaysia stock biz 
ARANK announced the Q3 2017 result on 15 June 2017. Both revenue and net profit shown positive improvement in both qoq and yoy. Revenue increased +4% qoq and +4% yoy respectively while net profit increased +4% qoq and +18% yoy respectively.
The increase in revenue is due to higher average selling price as a result of the increase in the raw material costs although the business volume was lower. From this statement, i can see that the management is transferring the cost to the end user. The worrying factor will be the lower business volume, which might signifies flat growth or declining growth. However, the management highlighted 3 points in the prospects. First is the recovery in the commodity prices as external demand improves. Second is their business is affected by the weakening RM but our RM is getting stronger if compared to last quarter. Third is the volatility of aluminium has added uncertainties to their business. The point 1 and 2 are on ARANK's side. While for bullet point number 3, i will share my views based on data i collected in my Projection Analysis sector.
Lets look at the charts. Let's identify some similar patterns and hope we can apply what we discuss today in the similar charts. Do remember that, Technical Analysis is not 100%. The most important elements for Technical Analysis for me is the Price Action and the Volume.
To recap the important points, Price Action is the most important because the delta/difference is the one determines whether we are earning or losing. The Price Action needs to be supported or validated by the Volume. Volume reveals activity. Volume reveals the truth behind the Price Action. Volume validates Price.
BIOHLDG Daily Chart
Notice the spikes which i draw with a blue spheres. The spikes in the price are validated by the spikes in the volume. The price action is aligned with the volume. And notice after that, the volumes are low and the price is hovering around that area. Those who created the spikes are normally not retailers, they can be market makers, fund houses or institutional investors. In short, i will call them "they". Once they spiked up the price and volume, they will wait. Wait for a few days or weeks to wash the impatient retailers away before creating another spike.
Then, those retailers who sold the stocks will regret because they sold it too early. This phenomena is very normal for them to wash away the retailers. Question, how do we know that they are still in these counters? Well, if they had sold all their shares, we will see a similar spike of volume but the price will be falling down, creating a bearish engulfing. But what i discuss here might not be true, maybe some of them will sell partially day by day. We can never know what they are thinking, because we are not them.
Understand the example given? It's okay. Now, lets look at other examples.