e-meeting : Buying into SELLDOWN?

Sun, Mar 4, 2018 10:00 PM - 11:00 PM +08

Please join my meeting from your computer, tablet or smartphone.

https://global.gotomeeting.com/join/167124157


Tonight talk about buying into SELLDOWN : Should we or should we not? Averaging down?



Ambank : Long black candle ... cannot buy yet, hope more selldown in her and will be interested.





BAT : A strong downtrending and now taken out of KLCI ... new low and retraced more than 50%. No reason to buy or hold to the stock. By the way, the replacement Nestle shooting new high, Milo : sihat dan kuat.


CBIP : Selldown last week too ... check reversal candlestick around RM1.50, to buy.


CMMT : After the last week selldown ... from RM1.40 to RM1.04.


Geshen : Fierce selldown for past two weeks. Is the selling over? Next stop at 80cents level.


Karex : New low ... way below the IPO's price now (adjusted chart). If we are using Taiwan's sifu HuLiYang's method of buying ... it is in extreme price now, to pick-up around 80cents.


Latitude : Also moving to low as the furniturerally over some YEARS ago ... but as it is given as under-valued top40, so I m watching ... next stop at RM3.40


Masteel : A long black last week ... gapped down (and forced me to selloff) and went lower. Closed at RM1.07, and shall check for rebound next week. Another dive to 92 cents level would be good.


Sapnrg : Well ... this index-linked O&G giant being left to bleed ... Kencana left, so renamed. This remind me of KNM, which many O&G retailer-kakis stuck inside, bleeding. If we are trading, we HAVE TO SELL once the support broken. Sad case ... and a good case study.


TongHer : Broken the neckline with huge selling volume. A start of downtrending.



TunePro : Closed at low 90.5cents now.


YTLPower : Closed at 1.11 ... the once index-linked beloved dividend-power stock.

Time for dinner. Talk later.

TEH