My Trading Adventure
Crashing sector : Furniture
CP TEH
Publish date: Sat, 17 Feb 2018, 10:36 AM
CP TEH
0 2,918
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.
Hevea : monthly chart ... it has been down from the peak (RM1.74) to current 88.5 cents. Well ... for monthly chart, we shall wait till end-Feb to see the complete candle. All my charts are adjusted.
Jan-2015, it was at 37cents ... before it rallied in 2015 ... the furniture-export theme play. In 2015, I was trading almost all the furniture-counters ... Hevea and Hevea-wb is one of them.
When the trend is over, lower could go lower ... and yes, the theme-play was over in Dec-2015 when I exited the whole sector.
Just checked the historical chart back in 2005 Jan ... it was at high RM2.30 ... crashed to 5cents level(adjusted) .... and rallied in 2015 for 10-bagger!!
Well ... two pointers I have been sharing ... DO NOT GET STUCK UP THERE as we needs the bullets to BUY DURING CRASH
Latitude monthly chart ... at RM4 now, we shall check when it is below RM3.
FLBhd : monthly chart ... showing downtrending, right?
Remember ... I was out of the whole sector in Dec-2015 ... do not fall in love with the stocks or sector, ok? Market NOT crash yet ... u see.
Have a nice CNY now ...
TEH
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Discussions
Be the first to like this. Showing 20 of 20 comments
What i can remember was that Chong Peng traded a lot of oil n gas counters in 2015 trying to catch the falling knive n lost like shit....he never trade in export counters at all...lol
2018-02-17 13:42
Suggest what stock can go higher la...
Keep show us low n low stock....all also knw how to see
2018-02-17 13:42
Chong Peng not only lost money trading oil n gas counters in 2015...he also lost his cohort biz after bringing them to holland in oil n gas stocks...
2018-02-17 13:45
Thats the ugly fact n history but it seems Chong Peng has created his own version of stories n keeps lying himself so that he can continue to blah blah blah....
2018-02-17 13:46
Based on all his writing, Cpteh sound like stock god, all the previous theme play also he diam diam buy. Spot on. By now his performance should be far more superior than otb and uncle koon. At this rate, i wont be surprise the next warrwn buffet will be a malaysian. No jokes. Iam serious.
2018-02-17 14:54
future? Same loh. The only certainty in stock market is cutloss and waterfall.
2018-02-17 17:06
Yes, you can short selling, but depend on your broker & and your trading track record. Go to www.bursamalaysia.com, see the Rem (Remarks) column, that label small s, a list of counters that can be shorted..
2018-02-17 19:10
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Chinese new year dont tell lie pls
2018-02-17 12:42