My Trading Adventure

Stock Watch : AirAsia and UEMLand

CP TEH
Publish date: Thu, 13 Sep 2012, 05:51 AM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.




AirAsia : Broken RM3.15, have to cut loss when it gapped down. This will be a falling knife and those hoping to catch a bottom will be disappointed. It is advised to wait for reversal signs as the next level will be RM2.85 and RM2.65. That is deep ... take a look at last Sept.




UEMLand : Last year Sept low at 1.54 ... so, that should be the level we will want to watch. Another falling knife as some funds are selling. The fear of GE is great now ...

Note : Do wait for reversal signs.

TEH
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Discussions
Be the first to like this. Showing 4 of 4 comments

lotsofmoney

Interesting shares. I expect a drop but this is more than what I expect. Bottom line ? RM 1.50. (AirAsia).

2012-09-13 12:45

dknycom

RM 1.50 for AIR ASIA is impossible for it.
Stop dreaming bro.

2012-09-13 13:11

blseah2003

RM2.50 maybe la !

2012-09-13 13:17

lotsofmoney

Just getting ready for the worst. Everything is possible.

2012-09-13 14:26

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