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2018-03-05 11:27 | Report Abuse
superpanda,never underestimate mr market,lol In my opinion very likely,will hit bet 10.22 to 10.6 before a meaningful rebound.I still think after the meaningful rebound,it might still go down hence better manage your risk.No one can know for sure how it will pan out hence it's very important one manages risk.
2018-03-05 10:24 | Report Abuse
As I see it,high probability will break 11.32 before a rebound
2018-03-02 11:46 | Report Abuse
Unclemau,as I have said earlier from the earlier movement the price of this counter can be easily manipulated by the "chong Ker" They have enough ammunition to do it. In 1st quarter last year when they ann eps of .93 cts it gapped up to 6.30 before they pushed it down to 4.87.I can't help to say that there is eery similarity of Hengyuan at the top with Bitcoin.That's why I was not caught when they keep saying eps this quarter will be much better.Go to google,henyuan chart invest.com and do the same for bitcoin.Perhaps moneyky is right the chong ker will push down to break 11.32 for people to cut-loss before it rebounds.I am here cause I will trade when opportunity arises as there is big swing in this counter.I have no intention to badmouth hengyuan.why should I?If high can go higher,why I care whether it's $15 or $10 something or whatever the price is?.
2018-03-02 11:13 | Report Abuse
UNCLEMAU.,SNLOKE If I remember correctly and not SMLOKE.He use to write every wk in NSTP newspaper about the chart of a stock on watch.
2018-03-01 14:11 | Report Abuse
You will see no charts go up without correction nor goes down without upward movement.If the price moves very far from the moving average,you will find for whatever reason it will correct back near or to the moving average.Anyway that's just my observation.I am sure you have your investment/trading methodlogy to win.
2018-03-01 14:06 | Report Abuse
Sometimes in life,it's not what it seems.If everyone has the same opinion,there won't be any sellers at this price,would there?That's the beauty of what we call market.I make my judgement based mostly on charts the possibility of upside and downside.Actually no one knows for sure.
2018-03-01 13:32 | Report Abuse
Halite,could it be the reason if 10.6 breaks then it will go much lower?From the chart perspective strong possibility that if 10.6 breaks $10 won't hold for long.It could then rebound to ard $10.6 then go much lower.As I have said earlier, it has moved very far away from the moving average.I am not bad mouthing this counter,just be aware of the risk and manage it.Good luck
2018-03-01 06:49 | Report Abuse
Fred Tam analysis is based on closing price
2018-03-01 06:40 | Report Abuse
Fred Tam's analysis is support at 12.3 and cut loss below 11.32.I guess once it breaks 11.32,there will be many people selling reducing position due to cut-loss point triggered.
2018-02-28 11:38 | Report Abuse
Ai ya,you guys pls stop rubbing salt on people's wound lah! People already suffering from wrong judgement,why personal attacks?This is a lesson not to have complete trust cause you never know what could go wrong hence it's not wise to call people names and attack those views who differs from you.Just like when it went up to $19.2 do you still remember how hengyuan believers attack those whose views differ?One must always remember when a stock runs up very sharply,one must always manage your risk and not be overly optimistic as though nothing can go wrong.See though futureeyes has been right on a few quarters consecutively he can be so wrong in his forecast.That's the reason one must always manage risk in stockmarket and not to have blind faith.
2018-02-27 20:33 | Report Abuse
No point crying over spilled milk.That's the danger of over-optimistic in a stock that one forgot what could go wrong just like mycron earlier on.I hope futureeyes and others who earlier had projected the earnings for this counter could kind enough to come out with a report on where were wrong in the assumptions made that it's so far from the projected earnings other the tax they had to pay so others could learn from this lesson.Being a very careful person,I have no position in this stock.
2018-02-24 16:15 | Report Abuse
Sounds like good idea.really wondering how low it can.go!
2018-02-18 10:58 | Report Abuse
In my opinion,the stock operator/syndicates will use whatever tools available to their advantage media,popular analyst etc.They would also leverage whoever sifus' popularity to get their followers in.In order for them to distribute they need more buyers,the more the merrier!Everyone makes mistakes including sifus!Hence one need to practise risk management and have independent thinking ,evaluate and make decision yourself.Ultimately is your money and life!
2018-02-10 11:16 | Report Abuse
Joetay,I have noticed a few good traders in this forum.I thought I would like to share with fellow readers abt my trading style.It's not advertising abt my position but rather what I have positioned and how I manage my risk.If you are right 7-8 times out of 10,you are considered very good.However if one sized wrongly on the 2-3 times that you are wrong,you are dead if you don't manage your risk.If you have known my credentials,you would appreciate what I had shared.One has to spend time writing.Always question and cynical abt the writer's motive but don't be too quick to judge.Looks like perhaps it's time I stop writing ,just to remain a silent reader.I realised not many people in this forum are appreciative of writer's good intention,they just want to listen to something that are unilateral with their thoughts.I am one individual who has independent thoughts and not fearful to write something that differs from the majority.I am also one individual who always say/do something with good intention and never ever thought of intentionally getting people lose money cause I am a strong believer in KARMA .
2018-02-09 21:25 | Report Abuse
That is because I have said I have initiated a .buy.Hence I felt there is a need to shr when I reduce my position to half in case there are people who follow.Call warrants are risky bets
2018-02-09 17:58 | Report Abuse
Joetay,what r u talking about? I took 2 bids loss on half of my position.this is called managing risk
2018-02-09 17:54 | Report Abuse
Very strong.however I sold half of my position
2018-02-09 17:54 | Report Abuse
Very strong.however I sold half of my position
2018-02-09 16:21 | Report Abuse
cut loss at 12.64
2018-02-09 16:18 | Report Abuse
sold back.loss 1 bid
2018-02-08 13:33 | Report Abuse
bought at 1.388 yesterday and 1.4045 today
2018-02-08 13:31 | Report Abuse
Bought back some wb at .341 and c26 at .13
2018-02-08 13:31 | Report Abuse
Bought some today at 12.784
2018-02-07 18:35 | Report Abuse
Just be careful as it's moving very far away from it's weekly moving average.It's just observation on my part and I have no interest in this counter
2018-02-07 16:45 | Report Abuse
sold back what I bought yesterday.lost comm.
2018-02-07 13:13 | Report Abuse
sold the remainder at 13.32
2018-02-07 12:28 | Report Abuse
sold at 9.117 lost a little.Though it's oversold,don't know why cannot rally.Keep cash for other counter
2018-02-06 18:25 | Report Abuse
Avg at 12.36 today.sold back at 12.88 left 20 percent
2018-02-06 18:23 | Report Abuse
Bought some at 19.95 surprisingly rather strong.queing to buy some more at .195 tomorrow
2018-02-06 18:08 | Report Abuse
I am cautious of MRCB in view of extremely weak property sector and construction too.Sold back.It may go higher to close the gap at 1.1
2018-02-06 15:01 | Report Abuse
bought mother shrs 1.02 and c26 at .115
2018-02-05 18:04 | Report Abuse
Bought some at
50 waiting to buy some at .46
2018-02-05 12:52 | Report Abuse
S&p resting right at the trend line.Might rebound tonight.I try my luck in Hengyuan today due to the high crack spread
2018-02-04 19:18 | Report Abuse
Halite,whatever reasons frm the chart perspective petronm cannot break 11.28.If it does possibly testing $10 level.I am not bad-mouthing any counter,lol!
2018-02-04 18:22 | Report Abuse
I noticed bonia has been very very weak lately.Could it be due to now it's quite highly geared?In 1980's bonia is known for it's hangbags but it has clothing and shoes in it's wings.Their shoes still look impressive but not their clothings.Perhaps their spread wings in CHina not doing well?
2018-02-04 16:48 | Report Abuse
plsgivebonus.I read many books by famous economists about US debts and economy.Many had predicted based on economic theory,US definitely cannot pay their debts and servicing their interest also a prb in I can't remember how many yrs time.Many had predicted US dollar will crash and become worthless.As you can see the last few yrs,US not only didn't crash but were so sought after that it hit so high that it just came down recently when people view Trump favours weaker US dollar.Did oil prices slump really due to oversupply or part of world politics when super power has intention to crush Russia or to hit Putin?Sometimes in life,it's not as it seems.Had US been one of our Asia countries,it would have hit currency crisis like all of us were hit in 1997/98.All these yrs,stockmarket tends to go down when the interest rate cycle is in the trend of tightening.See what we have now,world market hitting all time high!It's all due to excessive money printing that floods the market that now people even come up with bitcoin,computer created currency!Just it cannot be hacked and need resources and time to produce that it's scarce that it runs to ridiculous heights!I know you are a believer in it but I am not.I believe fundamental will prevail and when it does.it's going to be very very ugly.When?Only GOD knows.
Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD
2018-03-05 13:09 | Report Abuse
Luoli and others who use the word Karma.Do you really understand what is karma?The fact you curse like that has already karma implications on yourself.Do you realise that?Don't let EGO affects you.Do not utter words that you don't want it utters back at you nor any intentions or actions.We are all mature adults,why want to fight like children?