Correction means consolidation by accumulating more shares before moving upwards. Correction is healthy n it normally takes days or weeks to consolidate before next upleg. It wont drop drastically but sharply in one day unless big sharks or directors are disposing that not healthy. It wil take bit by bit, day by day to drop to that lvl n when price starts to stablelise, it will move sideline before engin starts. My personal opinion only.

Vinvin

Im stil monitoring this ctr n if a real correvtion takes place, price may fall to below 0.39-0.30. Depending the strength of ppl holding. If vol is below the ma line, good news, big guys are not disposing. Price not fall in that bracket is not considered correction. I will wait to find good entry price. Cheers!

Kikiki, dragon, sure u stil got. Then good luck to u. I wait lol if can break to stay 0.545.

Kikiki, no one here anymore.

Good morning n morning good. Today is last day trading day for this week. Stocks in hand are:-
Sumatec
Tas

Monitoring ctrs are:-
Iris - expect correction if my TA1 stop point is 0.45 or if price surges overwhelming the shooting star 0.47, then my TA2 will come into effect 0.57 that is my stop point.

LnG - unable to break 0.48, no show
Asiapac - res0.225 if broken, will head to 0.26-0.29, then end of this upleg. Corrective will begin.

Vinvin,

I anticipated there may b a downtrend called corrective wave4 if 0.47 cant cross above. Today closed with unfavor price reversal pattern. This is a time for me to confirm from the chart whether it is a goreng or real news. So long price doesnt drop below 0.26, there is a potential price will shoot up to range 0.80-0.90 after consolidating. I ll collect price during the uptrend of coming final upleg. I hope im wrong. Take care.

Jst entered to say hi. Any good tips, bone? Can i call u bone?

Bro Hitman,,,,
Did u sell your Iris oredi?? Today closed with shooting star that is a price reversal pattern. If tomorrow price can cross above 0.47, u will be safe or else, it will be in Corrective mode...

If u are an investor, u no need to worry about the correction & maybe a good opportunity for u to accumulate more IF all the good news are real.

Today's closing is a price reversal pattern & my Analysis 1 indicates 0.45 is a stop point unless price can shoot up to close above 0.47 tomorror. My Analysis 2 shows 0.57 is a stop point. How good is my prediction & i dont know. I hope all my analysis are wrong.

Support-0.425, 0.35, 0.32, & the lowest it retraces, maybe at 0.29 as long as it wont drop below 0.29 that i will treat it as a cheating co oredi. There will be a final upleg wave (for healthy co only) after consolidation. My final upleg TP is 0.80-0.90 based on TA.
Good Luck

Are u looking for real or e home? Are u looking for money in i3 or cinta? Real or e-cinta?

dragon!! i no worry Suma lah!!! Even i bot 0.32-0.33, the trading range is 0.26-0.36... So no need to worry but dislike to park my money if it heads south to Melbourne only... I want to go to China, not Melb.. kikiki...

Destini already broke the trend,, end of the upleg so look for other prettier girls liao..

Jan 6, 2014 08:22 PM | Report Abuse
I think my TP for Iris of its final upleg is 0.45 not 0.57 as i said recently so i decided to sell all my holdings today after it reversed from 0.47 to 0.45... If price proves my analysis wrong, i will re-enter to hit my Analysis2.. Wave Analysis is darn complicating & confusing subject so if im not sure, i will prepare 2 sets.



Hi kuya hitman & hepitrade,,,

I bot iris after kuya FT highlighted me.... If u bot at 0.26, u hit my short term TP=0.32 today. But i bot at 0.32 bcos i saw it is now trading in impulsive wave unless the price swims back to 0.26 then no show.. I believe this wave will continue & i m gonna ride it til to the end of my TP=0.45 if no extension unless something happens in between so i will normally jump off from the train..


Posted by CityTrader > Jan 6, 2014 02:55 PM | Report Abuse X
Kuya FT, your idris so good, broke out from 0.26. St tp 0.32 n 0.35. Good side is that it has started its new wave n final tp0.45 if fa is good

Watch out! Rally is almost coming to an end, i guess. I only have have 2 ctrs in hand, tas n suma.

Mike, it is almost coming to an end of new year rally. Becareful now but i hope im wrong.

Lng
Cut loss at 0.47. Reversal price pattern is formed.

Lng, no yet breakout from 0.48. Got to wait on monday if u follow its history. A huge vol with price surge, then next 2 days price stagnant n price sudden shoot up on *4th day. So monday the bullet train starts.

Attack suma.

Midnite owl or wof show. Kikiki,

LnG. No show ler.

Sephiroth! Noted with tq so my ta tp is below fa tp n glad.

My ctrs in hand,
Suma
Iris
Lng
Tas.

Attack suma!

Dragon, kikiki, i took ang poa oredi from destini n now cny visit to suma.attack suma.

Dragon, u stil hold? Congrats u. I sold last monday. Playing other ctr.

Sephiroth, may i know your fa tp for lng? Ta tp is st tp 0.545 & end of final upleg 0.62. Tq.

Sephiroth, i bot your recommended LnG. Maybe i overlooked pjd-wc. Warrant? I dont get used to play.

Offloaded 70% my iris at 0.460. Afraid it may form shooting star end of the day. Buy in later if buying strength comes back. Stil remember my initial final upleg was 0.45 i posted here before. N hope the current price is not a stopping point.

Noted with thanks sephiroth n will check my note accordingly.

LnG,
Shldnt b a problem of break out as price stil stays at this zone. Huge vol on last monday means smething oredi.

Hepitrade, no need to say sorry, u didnt offend. Bursa is like that. Either up or down.

My last batch of entry to iris when it crosses 0.50. Attack iris.

Bro, i m worried if market sudden crash, i dont know how mbb system responds then. It s very risky at all for a trader like me. This is what i have worried.

Huaaay ahhhh! Iris.

Bro, i dont laugh at anyone as we re learning. I only want to tell u what i think of every stock. Decision is yours n pl digest what i say n u will able to make decision yourself in future. I bot iris at 0.32 n at that time, it was intraday high,min ago i bot at 0.455, it was intraday high but now 0.465 is the intraday high. I got 0.40, 0.405 & they were all intraday high during i entered. Right or wrong, we judge by price. Cheers bro.

Bro. I dont know whether iris is safe. If price surges to 0.60, i believe u ask same question, kikiki! In bursa, there is no 100% safe ctr n all ctrs are lousy except when that ctr price moves upwards, is a good ctr. Cheers!

Another of my flying horse is lnG but wait for price to break 0.50 to confirm. My tp 0.62. Huaaat ahhhh!

Psd, u bot back, i tot u sold. Good luck to us. Cheers.

My only friend is my chart n trend. Kikiki. Attack iris.

LnG cant stay above 0.48,sien liao.

Bot iris again at 0.455.

U sold, i bot iris again, kikiki.

Atuk! High five. U stil got, member lah!

Iris, i got insurance oredi of my recent profit take. So i jst attack

Trend stil strong. I entered iris at 0.455 small qty, pyramid concept.

I sold my pasdec n move to iris.

Kuya, line engaged all times. Grrrrr.

Haha! LnG stil retest res0.48. But i cant do anything here. Cant buy or sell. Look stupid.

Fxxxxk mbb, i cant buy more iris, system down again. Darn fxxxk mbb.

That fxxxxk mbb lousy, til now i cant sell or buy. Phone lines engage. If lost, will mbb compensate?

Bro, i not sell yet stil got tiny profit.

He said major correction n he didnt mention when? Aiyah! Every ctr will drop not even iris during major correction. Kikikik, u want to b a soldier, so pl dont scare to go to the war.

Good morning n morning good to all bro n sis.

Ipo ioiprop? No tq as i dont buy the new listing, nothing can guide me.

Today stocks to watch out.
LnG - testing res 0.48 & shld b no problem to breakout from this point. Previos wave hit my tp so im confident this round, it can smoothly sail to my tp 0.62.

Hohup - broke out from 1.38 & stayed above so uptrend begins.

Good morning Mike, hepitrade n the rest of efriends here.

In regards to hohup, i didnt know it is stil being listed as pn17. I read the chart last nite, didnt the price threw back from 1.45 to 1.36 then closed above 1.38 on last Monday? This showed the res oredi becomes support so i dont think too hepitrade u can get this. For me, if breakout is strong, i dont mind to fetch few cents higher. I like to trade breakout price. Example, i was trapped twice in eah as i bot the price before breaking out. Happy trading.

Mike, LnG, today will see it breakout from 0.48 & my ta tp 0.62, end of final upleg n it s recommended by the king of fa, sephiroth.

hepitrade, these 2 are recommended by Mike & i dont know how to search for stocks. All stocks are recommended by e-friends in i3.