Zelan : At 20MA resistance all positive indicators. Increase in volumes(TO TRAP MORE GAMBLERS) but candle-stick not good leh. Conclusion : Syndicates trying to push it up to SELL to those greedy ikan-bilis and it will collapse back to 0.24 or below. Let us watch ... who knows, someone started a rumour in forums about latest developments and such ... and it might shoot to 50cents or even RM1. get-rich-quick stock in mind.
For PL : DO NOT look into such bad or poor fundamental stocks in such bearish of markets. Technical analysis charts and indicators FAIL for such auntie-uncle stocks.
Avoid.Note : This will be the last time I am going to try to use TA to analyse no-FA stock. It is purely punt-la. That day, the uncle, SP insisted that I show him how to analyse HWGB using TA that we are learning. IT FAILS badly. Such manipulative and speculative stocks are for short-term HYPE and THRILL. In markets, we are NOT looking for thrills(I hope) but to learn to profit from our good trades.
HWGB : Pushed up recently(20% up in a day wor). Next direction? Flip the coin .. head you buy tmr, ya. Good luck as we do need it for such stocks. No need indicators la ...hope-analysis if trapped due to greediness in chasing her that day. Cut-loss? Hmm ... average down? Hmmmm ... wait for another one day of 20% shooting up and take profit? Hmmm ... I dont know ... I really dont know how to analyse HWGB, seriously SP.
This is also for all readers who read in some forums or discussions on such stocks. How to use TA to analyse these stocks still puzzling me. They could even talk about 'flag' or other chart formations. INCREDIBLE ... I hope my turtles under will CHANGE such mentality.
Believe me, IT FAILS. Without consistend volumes, we are just guessing the syndicates next move? Possible?
THINK again. Leave those auntie-uncles mentality to those kopi-tiam aunty-uncles. You can still trade those good stocks and earn some pocket money-la. Otherwise, no trade is a good move!!
I could place more criteria for my turtles. Otherwise, NO TRADING please.
Perwaja : Jess caught into this one due to recommendation from her remisier. What the ... heck. That is before she knew me and attended my class. Hmm ... how to 'rescue' such situation? Remisier wor ... working in banks leh, got all the tips in hands asking a person who totally dont know FA or TA to buy, then ... when to sell? Losing 30+% now can still ask to HOLD meh? What the ... heck!!
Question by Jess : TEH, why GenM with such good cash-postive in hands but the stock-price didnt shoot up or higher?
A very good question for a novice, indeed. I do like such questions!! So, I told them, during our mamak-talk ... I am going to tell you 5 reasons(views or pointers) now. Then, you go and ask your remisier IF he could give you ONE reason!! If not, do not listen to him anymore. Look for someone reliable and knowledgable. Perhaps, I could be your remisier next time. Pay me commission? haha. Can anyone tell me few pointers in mind to enlighten us?
TEH
patrickngoa
teh, jess asku but u come here to ask us?? what a master u r
2011-10-03 13:40