Drachen

Drachen | Joined since 2013-06-17

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Stock

2013-07-05 16:30 | Report Abuse

Good run. Defied earlier chart readings. Now charts are looking good again. Will they hold next week? Nobody can know for sure.

Stock

2013-07-05 16:29 | Report Abuse

immediate resistance 0.825 R2: 0.885

Stock

2013-07-05 15:43 | Report Abuse

Price has just broken resistance with huge volume.

Stock

2013-07-05 11:32 | Report Abuse

TAE AGM at 2.00 p.m. today. TAG is in progress.

Stock

2013-07-05 11:31 | Report Abuse

Syndicates having a pow-wow. Negotiating with one another whether to drive it down or keep it at this level and wait for the start of Ramadhan to drive it up and make a killing for buka puasa.

Stock

2013-07-05 11:22 | Report Abuse

As expected. But the race was delayed by a slay of bad external news. I bought at 2.92 which was quite high at the time.

Stock

2013-07-05 10:55 | Report Abuse

up and running now...

Stock

2013-07-05 09:14 | Report Abuse

Price has gapped up quite nicely at the open. 4 sen gain as of now from yesterday's close. Let's see.

Stock

2013-07-05 08:34 | Report Abuse

Still a good price to buy and keep for the mid to long term.

Stock

2013-07-05 08:13 | Report Abuse

Charts look good. Yesterday price movement supported by huge volume would suggest more upside.

Stock

2013-07-05 08:05 | Report Abuse

More downside risks. Yesterday's performance wasn't convincing with volume at 3.102m being less than the MA 7.561. Price action is below the MA line which is moving downwards. Support at 0.715. Breaching this will see price moving downwards. MFI moving towards 20%.

Stock

2013-07-05 07:49 | Report Abuse

Chia88: Maybe not fitting here but just to respond to your Prinsitek. Support and resistance are at 0.265 and 0.305. Yesterday's volume at 2.127m is below the MA of 3.904m. MACD is above the zero centre line. Price closed yesterday slightly above the mid Bollinger line with a big white candle. MFI moving down from 80%. Overall there may be some strength in price movement. Fingers crossed.

Stock

2013-07-04 23:18 | Report Abuse

It has been in an uptrend, breaking 2.99 resistance on hugh volume. More upside likely.

Stock

2013-07-04 23:09 | Report Abuse

Certainly a good stock for long term. Very good monopolistic earning streams. A beneficiary of GST once it is introduced. Only danger is that someone may break its stranglehold on government business which it is over dependent on. In the past there had been a few feeble attempts (Tricubes), including those of government-linked banks, to take away some of its business.

Stock

2013-07-04 21:49 | Report Abuse

Resistance at 0.67. Support at 0.615.

Stock

2013-07-04 21:45 | Report Abuse

Syndicates have been driving the price up. It has broken all resistance with high volume. This would suggest more upside. But it all depends on whether the syndicates decide to drive the price up more or to start dumping to take profit. Trade cautiously. I took profit at 1.69 with a 21 sen gain.

Stock

2013-07-04 16:32 | Report Abuse

Congrats!

Stock

2013-07-04 16:04 | Report Abuse

Southern Bank was a hostile takeover.

Stock

2013-07-04 15:46 | Report Abuse

The Tiahs are not keen on CIMB for reasons known only to themselves. The last time CIMB offered them RM400m. But they rejected it.

Stock

2013-07-04 15:41 | Report Abuse

Overpriced. Syndicates are playing it up and down. You can check the pattern from the last week of April onwards. The first time I bought this stock was three years ago at 0.46. Tread carefully.

Stock

2013-07-04 15:23 | Report Abuse

Sold for a good profit at 1.69. No regrets.

Stock

2013-07-04 15:20 | Report Abuse

TA is likely to go to UOB Kay Hian which bought AA Anthony and Innosabah. The Edge and everyone else have missed the story.

Stock

2013-07-04 15:01 | Report Abuse

Hope everyone here is making good money. Hari Raya bonus has come early.

Stock

2013-07-04 12:30 | Report Abuse

Charts still bad.

Stock

2013-07-04 11:05 | Report Abuse

Not yet. Quite a long way to go.

Stock

2013-07-04 11:04 | Report Abuse

Unfortunately there are people who think otherwise and analysts who still talk and write about it. The index gas gone up by about 5 points up to now but there is no excitement at all.

Stock

2013-07-04 10:08 | Report Abuse

The problem is there are enough people on the sideline all waiting for the index to fall to bridge the gap up after the GE13.

Stock
Stock

2013-07-04 09:47 | Report Abuse

All trading is speculative including those who buy on fundamentals. No one every buys something hoping to lose money. To buy something, even a piece of land, at today's price and hope to sell for a higher price to gain a profit at some future date (no matter how long) is speculative in itself.

Stock

2013-07-04 09:20 | Report Abuse

Correction: 3.5 times above MA

Stock

2013-07-04 09:19 | Report Abuse

Nobody ever says indicators are 100% reliable.

Stock

2013-07-04 09:18 | Report Abuse

Messi, thanks. Taking calculated risks is what this is all about. You win some, you lose some.

Stock

2013-07-04 09:16 | Report Abuse

MACD sell signal triggered yesterday. You'll never know what will happen because syndicates are at play. They have been driving the price down. But trading volume yesterday was about 3.5 times about MA.

Stock

2013-07-03 14:36 | Report Abuse

TP 0.86

Stock

2013-07-03 12:21 | Report Abuse

This is syndicate play. It started yesterday when the price suddenly dropped to 0.645 and selling and buying were confined to 0.64/0.645. These people are accumulating shares at this price and will soon be driving up prices to make a killing. You find the same pattern with prlexus, myeg, dayang, perdana, muhibah, etc. They are looking forward to a Ramadhan feast as usual. Buy low and cash-in on a Hari Raya bonus!

Stock

2013-07-03 11:21 | Report Abuse

Looks like it. It's not moving. Well, you win some, you lose some.

Stock

2013-07-03 09:20 | Report Abuse

Risky for contra trade. Price still in downtrend and in the ichimoku cloud. A long term buy. But still too early to buy.

Stock

2013-07-03 08:55 | Report Abuse

Should see firmer price action today.

Stock

2013-07-03 08:55 | Report Abuse

Should see firmer price action today.

Stock

2013-07-02 09:29 | Report Abuse

RSI has just triggered the buy signal.

Stock

2013-07-02 08:05 | Report Abuse

MACD has triggered the buy signal. But volume below average.

Stock

2013-07-01 15:47 | Report Abuse

messi, thanks. Am still learning.

Stock

2013-07-01 15:45 | Report Abuse

Good for you. Those who buy on fundamentals don't have to look at any charts. Just do what our great friend kcchongnz does in analysing a company's financial worth: intrinsic value, cashflow, profit, ROE, ROI, PER, DIV. YIELD, etc., and hold on to the stocks for as long as you can until you think it's time to cash out and smell the cash.

Stock

2013-07-01 15:34 | Report Abuse

TA is just a guide to how people behave in the market. Indicators are just indicators. They do not predict prices. There is no sure-fire trading system. If it were so, every trader and investor would be billionaires. There wouldn't be any poor people.

Stock

2013-07-01 14:44 | Report Abuse

Charts looking good since MACD buy signal was triggered on Friday. Looks like buying spree has just started.

News & Blogs

2013-07-01 12:08 | Report Abuse

Well said Metta.
May all beings here be free from mental and physical harm
May all beings here be happy and peaceful
May all beings here be healthy and strong
May all beings here take care of themselves joyfully.

Sadhu Sadhu Sadhu