Looking at the moment today,the sellers are really very strong.I really wonder whether it will go sideways before going down or straight going to hit very oversold before rebound

If you look at hengyuan chart there is a possibility of further downside.Look at the chart of Bitcoin and Hengyuan thru invest.com and compare the two at the top,you will know what I mean.Of course prices will not drop without upward correction nor up without downward correction.Daily RSI after it ralied today is .33 now. As whether it will go sideway first or get more oversold is your assessment.As for me,I think likely will go sideway first.The question is what is the range?Look at the upside and downside possibility then manage your risk.No one knows for sure how it will pan out.Do that so that you don't blame others when the price moves against you.

since it rallied first to 11.38 and now retracing,I opt not to buy already

I still believe there will be a technical rebound today.The only 1 million question where it drops to before a strong rebound.In my opinion even if it breaks $10, it will be only a short dip cause without a strong rebound it doesn't have much momentum to go lower.Perhaps low of today is ard $9.8 at worst?

If you still have complete trust or blind faith in what people are saying,you have not learn this lesson( recent fall) at all.Always be cynical but not too quick to judge the writer's intention.Read it with a pinch of salt,evaluate and conclude yourself.Don't forget to manage your risk.THough it looks scary now.I still think there will be a rebound then go sideways before the next fall if it does.

sold back at 10.832 will buy back tomorrow

Gap closed.bought some at 10.8012. waiting to buy somemore at 10.6 and 10 5 level

If only those written words can be heard thru audio, you will realise how abusive you have been.Pls stop fighting with a bruised EGO.It's not good for either party.

You cannot bring money nor ego with you when you die but you will bring karma along with you cause it will surface in your next life or subsequent lives,hence be mindful of your words,actions and intentions.That's what was taught in Buddhism.Of course this is just a small part.I hope all of you debate on HY would not using personal attacks in this thread.

Luoli,your vengenance is too strong.try reading some books on Buddhism

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?

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.

As I see it,high probability will break 11.32 before a rebound

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?.

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.

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.

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.

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

Fred Tam analysis is based on closing price

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.

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.

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.

Sounds like good idea.really wondering how low it can.go!

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!

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 .

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

Joetay,what r u talking about? I took 2 bids loss on half of my position.this is called managing risk

Very strong.however I sold half of my position

Very strong.however I sold half of my position

cutloss 1/2 position

cut loss 1/2 position

cut loss at 12.64

sold back.loss 1 bid

bought c14 at .1734

bought back at 9.3 today

bought .20 cts today

bought at 1.388 yesterday and 1.4045 today

bought back c3 at .1382

Bought back some wb at .341 and c26 at .13

Bought some today at 12.784

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

sold back what I bought yesterday.lost comm.

sold the remainder at 13.32

sold at 9.117 lost a little.Though it's oversold,don't know why cannot rally.Keep cash for other counter

sold avg 11.26

sold at .15

Avg at 12.36 today.sold back at 12.88 left 20 percent

Bought some at 19.95 surprisingly rather strong.queing to buy some more at .195 tomorrow

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

bought avg 9.0955