presint, fitters's water pipes biz gonna be big, they wanna capture 10% of the 1 billion mkt, tons of aging pipes in m'sia need replacement

http://www.thestar.com.my/Business/Business-News/2014/08/11/Pipe-ops-poised-to-be-main-earner-for-Fitters-It-expects-an-initial-RM150mil-in-revenue-contribution/

Posted by matrixcool > Aug 11, 2014 09:25 AM

I will analyze the 3 events :
1) From my email, you know I am against chasing a big moving stock (especially it had started its big move) because the Risk/Rewards is not to our favour and secondly when the Stop Loss is too big many of us would find it difficult to take that losses. If you choose to chase the stock after the big move, worry you may be left out( GREED Factor) I can only advise you to set your Stop Loss according to the percentages you are willing to lose.
2) Every stock that move up steeply will needs to take a breather, during this consolidation does offer an opportunity to accumulate for the next move. The only problem the traders are facing is the time frame that it will consolidate, some for days and some for weeks before it charges again.
a)Those that consolidate say few days does not have time to form any pattern, but it does offer an opportunity to trade that is if it break its previous resistance (or High) and set your Stop Loss maybe 2-3 bids below that level.
b)Those that consolidate and retrace for a longer period ( preferable not to retrace more that 50%) and form a pattern is the one I normally accumulate and trade. A steep big move normally forms a flagpole pattern which is very bullish, and if a flag/pennant is formed it has set a clear support and resistance level which traders like us can plan our entry and exit level. Still at this time you carry some risk as confirmation is yet to issued but at least you have every opportunity to access your Risk/Reward ratio. In TA we go for pattern that has bullish implication.
3) The breakout from the consolidation, this is the best time to enter when it breakout again (or I will scale in after accumulation in event 2), the support is formed and if you buy on breakout. Set 2-3 bids below that breakout level in case it is a Bull Trap.

Hope this help !

thanks tm, aabar will want to sell at least RM11 or RM2.90 per osk shares, if cimb fails, maybank with loaded bullets will come n makan rhb

connie, not only face red, other parts also quite red kikikiki

thanks tm, salcon seems coming back strong

i will monitor connie but i want to put the 'explosive wave anticipation' theory into practice !! gotta exercise patience .... first confirm break-out then long on minor pullback before the uptrend resumes :)

tm,on friday, i add more TA at 0.955/96, bimb-wa 0.715, salcon 0.86 (great eastern starting to grab more below 0.90)

how do u see osk's chart? thanks, i grab tons at 1.39, a bit more at 2.17

guys, money is not everything, chill, enjoy n party to the max yeah?

http://klse.i3investor.com/blogs/kianweiaritcles/57429.jsp

amprop sleeps a lot nowadays, gotta wait for 2 more mths

tm, i grab fitters at 1.00/1.03/1.11, waiting for tons of purple notes

bro tm, what's up

connie, yours moderately heavy top, very enticing

good morning connie, fitters game changer, long pipes, u like?

http://www.thestar.com.my/Business/Business-News/2014/08/11/Pipe-ops-poised-to-be-main-earner-for-Fitters-It-expects-an-initial-RM150mil-in-revenue-contribution/

connie, tonight do u more to achieve much much more, gtg nap, 'see' u tonight

THE merger talks between CIMB Group Holdings Bhd, RHB Capital Bhd (RHBCap) and Malaysia Building Society Bhd (MBSB) are progressing well, with an announcement expected by the end of the month, say sources.

NST biz online

yup connie, adore u so much from top to bottom

if drop to 93, i makan feast liau

connie, just relax n say O repeatedly only

newbie, mkt plunge of 20 pts hard to come by, so keep makan makan makan loh

nch, u didn't makan bimb-wa at 71-72 meh, now 73.5 d
panic jokers r the best in d world, seph adore them so much

masinnya aka salty dude, fitters abitrage stock mah with free warrant n stuff, easily break 1.19 once announce ex-date than cruise to 1.30

osk very strong wor, apa storm also kenot affect the s

fitters ALWAYS bounce back mah from 1.11

connie, hunt me first

ta very delicious at 95.5

yesterday makan 97 today makan 95.5, more meals to come?

most of the stks started to recover a bit, makan bimb-wa 71.5 now 73.5 kikikiki

connie, i did come to yr home n ease yr stress rite?

connie better then stevia yummylicious

yup connie while u bake cupcakes, i bake u smoothly with lots of cream

did anyone grab bimb-wa at 71?

http://www.bloomberg.com/news/2014-08-08/asian-stocks-extend-weekly-drop-as-ukraine-tensions-rise.html

livermore, ask bro hawk, silk not my dept

connie, waiting for yr cupcakes YUMMY

lollipopz, try to grab bimb-wa at 70, salcon 85-86, pjd-wc 93-94, fitters 110-111

ratio of losers to winners , 9 red 1 green

alicia, goreng counter mpay, gotta ask bro hawk, i won't touch

lollipopz, if no extra fund, don't buy, just hold, for fa counters, the storm will pass n break new high, i have experience this many many times, eg. pjd-wc,l&g

lollipopz, sure hold loh, ta deeply undervalue mah, don't follow the crowd n rush for the exit mah, gonna add at 95-96

bighunter, better to collect l&g-la n convert b4 by sept

http://klse.i3investor.com/blogs/rhb/

no holding power don't play loh, pjdwc seems to fighting back, just tambah salcon 88, next to add 85/82

asakura, wait for 93 n below for pjd-wc n 70-71 for bimb-wa

welcome fortunebullllz, i like panic selling kikikiki

sorry guys for ta, gotta hold my counters to win big bucks, contra kakis don't follow me yeah

woah whole mkt deep red

connie, u r my luster kikikiki

thanks newbie, everyday is a good day for me, don't forget to chill, cheers n smile yeah

good morning connie, bro hawk,newbie, winwinborn , today mkt no volume, waiting for afternoon show

newbie, will add more bimb-wa at 72-73