richkid

richkid | Joined since 2014-09-04

Investing Experience Intermediate
Risk Profile High

Followers

0

Following

0

Blog Posts

0

Threads

8,140

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
8,140
Past 30 days
0
Past 7 days
0
Today
0

User Comments
Stock

2015-11-19 09:52 | Report Abuse

Yeah good suppot at 62.5 sen now. The momentum is upwards.

Stock

2015-11-19 09:50 | Report Abuse

Saw a slight trigger there...with some volume coming...Is that a good sign? Still sleeping??

Stock

2015-11-19 09:34 | Report Abuse

dead cat bounce?

Stock

2015-11-19 09:30 | Report Abuse

Buy on weakness. Let them sell cheap...hehehe

Stock

2015-11-19 09:22 | Report Abuse

Systech waking up??? good show...

Stock

2015-11-19 09:17 | Report Abuse

This shows yesterday panic sellers all bullets...habis...now buyers turn to grab....

Stock

2015-11-19 09:15 | Report Abuse

2nd round playing...good show.

Stock

2015-11-19 09:13 | Report Abuse

Looks like those sold 68 sen are beginning to pick up the cheap stocks at 61 sen....wow...

Stock

2015-11-19 09:13 | Report Abuse

XOX is still bullish when it gap down...from 62 sen...to open 61.5 sen.....dropped to 61 sen but rebounded above 62 sen triggering a small buy signal.

Stock

2015-11-19 09:11 | Report Abuse

Better buy back....looks like the selling was over done...

Stock

2015-11-19 09:11 | Report Abuse

Lots of buyers coming back...good sign...

Stock

2015-11-19 09:02 | Report Abuse

Just look at that sell queue...all waiting to sell lah...if you want to chase...up to you. Good luck.

Stock

2015-11-19 08:35 | Report Abuse

I just want to tell from experiences...buy on rumors sell on news is true...as already from the chart we see accumulation from a long period of time. I bet someone is smiling out there waiting to upload. But having said that, if there are many buyers out there who want to buy you may chase...but the last one standing when the music stops will kena with their pants down. good luck.

Stock

2015-11-19 08:26 | Report Abuse

Good morning. I know it is very hard to swallow when a stock drop suddenly and many investors are caught with their pants down. This is actually Normal. If you accept this as Normal you don't panic. If you practise capital management, you don't panic. If you have a game plan, you don't panic. You panic only if :=

1. You over buy. You got 10K you bought 30K hoping to contra. Now you are holding...of course you are sweating all over...waiting to get out desperately.
2. You buy at 68 sen and now it is 62 sen. You are sweating because you did not cut loss and you are afraid it will drop further.
3. You buy at 63 sen and not is is 62 sen. You are still sweating because you don't want to lose. But it seemed you are still short of 1 sen. And you are sweating.

Those who are happy are those who sold and waiting for it to go lower.

Those who are holding are those who are afraid it will go lower.

Investing in stock is like testing which side is stronger. Is the buyer or seller stronger????

If the stock suddenly jump up today I bet many will further buy as it is already so cheap at 62 sen.

If the stock suddenly go down I bet those holding under 1,2,3 will want to sell. Only those holding long term are not affected because they buy and wait for 2016. That time XOX will rise back to $1.
But the time now and 2016 is still a long way and nobody dare to gamble. Do you have metal balls to hold? Remember when it dropped to 22.5 sen it rebound several times and that was the support. Many are waiting to buy at the support.

So question now is where is the support???? Based on the chart I can see clearly 58.5 sen is one of the first support. The next support is 48 sen which is the strongest support. This is where it rebounded many times and never fails.

With that in mind, for today I bet the range to play is between 58.5 sen to 68 sen. From the chart, it seemed to be bearish as it was looking like 'bearish engulfing' pattern but it did not fully bearish because the closing is higher than previous days lows which is 61.5 sen. So we still see it is slightly bearish but as long as you hold tight if you don't use the money it will rebound.

Taking profit is part and parcel of playing stocks. The price will not rise linearly upwards without a stop. If that happens, Bursa will come knocking at your door. So in order to move up, that a fews ups and downs...like a Wave....air pasang ...air surut....air pasang...air surut...as long as the uptrend is still intact, it will move upwards. So far the support of 58 sen is still holding. If break 58 sen it is a sell signal. Otherwise those holding long term should not worry.

My suggestion is look for bargain between 58 sen and 62 sen. Buy on weakness. You won't go wrong. Sell if break 58 sen support. Relax and have a kit kat. Don't play if you are emotional. You need to control your impulse.

Good luck.

Stock

2015-11-18 19:59 | Report Abuse

I agree many of you trapped here is because you are so afraid of selling. Because Hibiscs dropped too much and everyone of you are trapped. It is really hard to sell a stock that we bought at high price at the lowest price. How can we do that? Some think better leave it here at least wait for the rebound. No right or no wrong. Some brave souls will sell...cut loss...like cutting a cancer in your body....because you suffer everyday seeing your money go lower and lower...gamble...invest in other growing counter with good profits in the QR report. Some will choose to close one eye and hold tight die with the company hoping one day it will rebound back to $1. If the company lose and go PN17 worst come to worst just write off the loss as gone with the wind...sayonara.

It is your own decision. Life is life. Stick to your decision as life is yours. Good luck bro.

Stock

2015-11-18 19:33 | Report Abuse

The problem with hibiscs is the losses every year and the dip in oil price. But I hope the oil price will increase and Hibiscs can rebound. Just that it has gone down so fast so much...many are trapped. Even Petronas suffered huge drop in profit last quarter. Anyway you can keep this in cold storage but my advise is buy other better counter that is moving and let your money grow instead of waiting here and let your money drop each day.

Stock

2015-11-18 19:28 | Report Abuse

Anyway I think some late comers will buy...while those who already bought will unload...just be careful not to chase like no tomorrow or get caught on top. Maybe you can buy on weakness.

Stock

2015-11-18 19:21 | Report Abuse

Going down all the way for so many days..from Oct 30th 59 sen to Nov 18th 23 sen...for a loss of 36 sen in just 3 weeks. Imagine those bought at 90 sen...and those still holding at $1 and above. I don't think I can afford to hold this loss making stock for so long without cutting it. Why still loyal to this loser? The world is so big. There are always another better stock to play.

Stock

2015-11-18 19:13 | Report Abuse

Buy on rumors sell on news...don't chase blindly...be careful of massive profit taking tomorrow. The increase of profit is already factored in the few days of rise. Good luck.

Stock

2015-11-18 19:10 | Report Abuse

If tomorrow gap up again, then good chance we buy on recovery mode. If tomorrow gap down...I will think twice before chasing. Lets hope XOX will recover. Good luck.

Stock

2015-11-18 19:00 | Report Abuse

Everyday is different... I will say different things based on the condition of that day. We cannot tell what will happen tomorrow. Maybe go up..maybe go down. So please don't expect me to say the same thing everyday. You need to be up to date everyday. Today's news can be obsolete tomorrow. The planet is rotating everyday okay. So nothing is static. Please monitor tomorrow.

Stock

2015-11-18 18:51 | Report Abuse

Reason is simple...the ghost of 69 sen still exist among us. Remember so many trapped souls? People are now smarter to take profit first. For those who listened you are safe.

Stock

2015-11-18 18:50 | Report Abuse

When to buy back?? Relax...need to wait first. Cannot touch now. Too dangerous. Selling just started. Unless you see tsunami...if not stay out.

Stock

2015-11-18 16:48 | Report Abuse

Take profit first...too high too fast.

Stock

2015-11-18 16:46 | Report Abuse

Bilis yeah..ok. Buy back later when tsunami is back. Good luck.

Stock

2015-11-18 15:21 | Report Abuse

My advise is sell first take profit come back later. Don't be too impatient. The selling might continues tomorrow. Then only go up...I don't know. Many are waiting to sell now which is not a good time to buy. But I cannot stop you from buying ...maybe I am wrong. Good luck brothers.

Stock

2015-11-18 15:13 | Report Abuse

T+4 lah....contra not picking up that is the problem..

Stock

2015-11-18 15:11 | Report Abuse

Will buy back but let the selling finish first. If not kena trap again like last time...relax.

Stock

2015-11-18 15:09 | Report Abuse

Let the dust settles...so far 59.5 sen is the support. It rebounded sharply at this point.

Stock

2015-11-18 15:04 | Report Abuse

When to buy back?? Relax...need to wait first. Cannot touch now. Too dangerous. Selling just started. Unless you see tsunami...if not stay out.

Stock

2015-11-18 15:02 | Report Abuse

Reason is simple...the ghost of 69 sen still exist among us. Remember so many trapped souls? People are now smarter to take profit first. For those who listened you are safe.

Stock

2015-11-18 15:01 | Report Abuse

Richman chuah was right...today down a bit.

Stock

2015-11-18 15:00 | Report Abuse

Told you all to monitor closely...always ready near support to take profit....

Stock

2015-11-18 14:59 | Report Abuse

Sell signal...

Stock

2015-11-18 14:55 | Report Abuse

Please monitor closely...Drop below 67 sen is a sign of weakness. Sellers are more than buyers now. Be ready to take profit.

Stock

2015-11-18 13:45 | Report Abuse

Yes, you need to steer the ship depending on where the wind is blowing...this is not a static game...remember...things change every time...So please monitor and have your own trading strategy. No one should be blamed.

Stock

2015-11-18 13:39 | Report Abuse

Please refer to this multiple proposals.

Maybe they will announce later. Maybe they do in stages. Not all at one go.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4908941

Stock

2015-11-18 12:46 | Report Abuse

Already up so many days...sell and take profit. Buy back at 34 sen.

Stock

2015-11-18 12:44 | Report Abuse

Sorry...I just go to the chart and found this nihsin breaking the resistant of 33.5 sen. So it is really a breakout buy. Support is now 33.5 sen. You can buy no problem. Sell if break 33.5 sen.

Stock

2015-11-18 12:27 | Report Abuse

Nishin? the noodles? hahaha...no lah...I focused on xox now.

Stock

2015-11-18 12:15 | Report Abuse

I just want my friends to be careful...watch out. Don't be too over-confident. We kena once when it fell from 34.5 sen to 22.5 sen...so that ghost is still around in everyone of us....jaga2...ok? Don't keep blaming richkid if the price falls down. There is always risk investing in stock.

Stock

2015-11-18 12:13 | Report Abuse

Yes...today's volume seems small ...at the moment...but I think operator is smart not to push to fast too soon...as Bursa is still watching...

Stock

2015-11-18 12:07 | Report Abuse

Yes, if everyday up Bursa will issue UMA which is a dangerous thing. A mild profit taking is better than a panic selling.

Stock

2015-11-18 12:05 | Report Abuse

Based on my analysis, today is T+3 and contra players might be selling down and I agree with richman today might drop a bit. So please monitor closely....any drop below 67 sen must sell. This is a sign of profit taking.

Stock

2015-11-18 12:03 | Report Abuse

For those who want to take profit better take. To be safe in your pocket. Enjoy your abalone.

Stock

2015-11-18 11:44 | Report Abuse

While waiting for the tsunami to come...it is good to get to know more about XOX.
At least you have better knowledge what company you are investing in.
The future is bright. With a good team of people working in XOX we trust it will be a rising dragon.

http://www.ariesham.com/

https://www.youtube.com/watch?v=k-cVxscUGYQ

Stock

2015-11-18 11:30 | Report Abuse

@Devi Please read this Maximising Stock market profit by Fred Tham for beginners. Very good.

Stock

2015-11-18 11:29 | Report Abuse

Consider yourself lucky..you are now at the express lane when other cars are jammed in their Glotec, Wintoni, Hibiscs, IDmensn, TMS, etc. lanes. Please thank your lucky star and blessings.
Imagine all the Hibiscs people are crying...eating biscuits...while xox people drink xo and eat abalone. Please be thankful you didn't sell XOX.

Stock

2015-11-18 11:25 | Report Abuse

You cakap...if you holding xox ...you seem relax right..watching the price up...but wait till you sell your xox and see it rocket high and regret...then you know how lucky you were when you are still holding your xox...think about it. TP 80 sen not impossible. We have been thru all the road blocks with only 166 million shares in circulation. Consider yourself lucky if you are a xox shareholder now.

Stock

2015-11-18 11:11 | Report Abuse

Norma is right! This is what I meant. When you sold...later hard to buy back cheaper...think about it. Still sell?