wehcant

wehcant | Joined since 2017-03-21

Investing Experience Advanced
Risk Profile High

Born in 1947. Very young at heart. I miss going to trading floor.

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User Comments
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2021-03-15 10:01 | Report Abuse

Conned retailers in advance again this morning with a false breakout.

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2021-03-12 11:53 | Report Abuse

When everyone is chasing high, someone is building their base here.

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2021-03-12 10:28 | Report Abuse

This counter, you need to KIV. A very significant C&H is forming. Waiting eagerly. Once breakout, fly it will.

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2021-03-12 10:23 | Report Abuse

Volume increase. It means...

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2021-03-12 10:15 | Report Abuse

Today is JENDELA counters.

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2021-03-12 10:00 | Report Abuse

By today we should be able to justify if the rebound is fake or not. Need to check the average weekly volume against the price.

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2021-03-12 09:24 | Report Abuse

How many resistance will it break today? Only time will tell.

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2021-03-11 14:52 | Report Abuse

The problem with many people is they tend to apply the same indicators for different circumstances, especially the newbies. Entry is easy. The difficult part is EXITING. Why would anyone want to relinguish AirAsia so soon when it just broke out from the D.Box today.

gnath_77: sometimes the chart does'nt work when sentiments kick in

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2021-03-11 10:14 | Report Abuse

Nasdaq is not doomed yet. There is one more leg up before it crashes. In the mean time, call your broker to request for trading in leverage and inverse ETFs.

When Nasdaq crashes, put your money in "FANG-1XI". This fund provides investors with an inverse exposure in the NYSE FANG+ Index. You'd probably make more money during the crash. Trust me, I am old enough to have gone through two major BEAR markets.

Whether it's BULL or BEAR market, you will still make money. You just need to know HOW. All is not doom or gloom.

Stay positive!

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2021-03-11 09:45 | Report Abuse

Short-term traders take profit. Long term investors take their place.

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2021-03-11 09:38 | Report Abuse

52-week high investors are in already.

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2021-03-11 09:36 | Report Abuse

52-week high already broken. This time AA can really fly now.

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2021-03-11 09:30 | Report Abuse

AirAsia aiming to launch flying taxi service by 2022 – Inevitable now.

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2021-03-11 09:20 | Report Abuse

Airasia can fly high now. Price has broken above the D. Box.

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2021-03-10 23:38 | Report Abuse

The daily selling volume since last Februry is below average. Nothing of great concern as the long term investors are still in the bandwagon. So far only ikan bilis are the ones who relinguished their stakes due to the uncertainty of its next earning. Waiting to enter again once the BUY signal occurs. I hope it won't take long but it's coming soon. Fingers crossed.

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2021-03-10 21:02 | Report Abuse

Oil cautious ahead of official U.S. inventory data.

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2021-03-10 20:58 | Report Abuse

Counter too diluted already. Ikan bilis, jerung can only goreng up to a certain extent only. Only institutional investors can do so and they want to see convincing earnings first before jumping on the bandwagon.

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2021-03-10 20:46 | Report Abuse

Today's breakout is quite significant because the price successfully broke the area of confluence of three resistance lines that are formed by a pennant, double peaks and channel. TP? 0.47, 0.50, 0.54, 0.595 based on Fibo projection. This is not a BUY call. Just for sharing purposes only.

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2021-03-10 12:03 | Report Abuse

MIni cup and handles.

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2021-03-10 12:02 | Report Abuse

Awesome. Brokeout with volumes!

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2021-03-08 18:20 | Report Abuse

We need more people like WiseEye to participate in constructive discussions.

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2021-03-08 15:35 | Report Abuse

Looks like the bears are having an upper hand. :-(

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2021-03-08 11:35 | Report Abuse

The moment you saw it went down to 6.18, it jumped back to 6.22 in just a split second.

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2021-03-08 11:06 | Report Abuse

We might be seeing another puffing very soon. Get ready...

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2021-03-08 10:57 | Report Abuse

Felix, good on you. Investors like you always make more money than short-term traders. Statistics don't lie.

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2021-03-08 10:32 | Report Abuse

I started buying Hengyuan when the prcie first crossed up the 150MA somewhere in last November. Back then the price was RM3.50. I sold one half at RM7.00 and left the other half to pull back to RM4.80. I bought again recently cause I am very very optimistic that it will go higher based on the long term chart that I see. The difficult part is the intra-day volatility that put off many retailers, I supposed. The constant flickering of the numbers can really scare the shit out of many retailers.

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2021-03-08 10:16 | Report Abuse

Soon, everyone will be joining Hengyuan, one of the hardest counter to trade, let alone to invest.

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2021-03-08 09:58 | Report Abuse

MMCCORP is huffing now. Puffing will resume soon.

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2021-03-08 09:55 | Report Abuse

I knew you gonna come here and say that.
What's the feeling?

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2021-03-08 09:48 | Report Abuse

The one thing that makes me sanguine about Hengyuan is it's monthly MACD. The line is moving towards zero. The last time I saw such signal was on ESCERAM and COMFORT, Mar/April 2020.

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2021-03-08 09:20 | Report Abuse

By noon, we should be able to know if it's a breakway or probably, an exhaustion gap.

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2021-03-08 09:18 | Report Abuse

The first 5 & 15 mins volumes were supported by above average volume.

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2021-03-08 09:16 | Report Abuse

What's the feeling when you see Krono rebounded?

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2021-03-08 09:09 | Report Abuse

Breakways gap or common gap? Just look at the volume in 5 mins, 15 mins, 1 hour and 4 hours charts.

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2021-03-07 18:50 | Report Abuse

The article has no conclusion. What is Uncle trying to hint?

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2021-03-07 14:38 | Report Abuse

If IBs keep giving SAPULA low TP, how is it possible for it to break above 0.16??? Same data, different interpretations.

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2021-03-07 13:29 | Report Abuse

Another counter that I am closely monitoring for a possible breakout in the near future.

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2021-03-07 13:23 | Report Abuse

I have been monitoring this counter since last August when it attempted to breakout from the downtrendline for the second time but it failed. Having good earning doesn't guarantee the counter will be on uptrend.

News & Blogs

2021-03-07 11:45 | Report Abuse

More like going there to "cleanse" himself then official visits.

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2021-03-07 05:06 | Report Abuse

40 new telecommunications towers to be built in Pensiangan under JENDELA. Binacom has strong footings in East Malaysia. JENDELA will definitely benefit many 5G network service providers like Binacom. This is one sector that you may need to KIV for now. https://www.theedgemarkets.com/article/40-new-telecommunications-towers-be-built-pensiangan-under-jendela

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2021-03-06 20:27 | Report Abuse

Of all counters I have bought, Hengyuan is the hardest to trade. There are many professional intra-day traders here.

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2021-03-06 20:06 | Report Abuse

I really enjoy reading Gooshen's tagline, "What's the feeling?" I doubt he will be back next week.

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2021-03-06 14:44 | Report Abuse

All eyes are on its next earning now. Regardless of it's result, I think JAKS will take a breather before resuming to test the downtrendline again.

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2021-03-06 14:40 | Report Abuse

Can't break above the downtrend line of 29 Jan 2018 and 17 Feb 2020. Critical support to watch out is 0.66. Once breached, expect the price to test the 0.60 support. Luckily, the last two days sell-off were not supported by high volume.

News & Blogs

2021-03-06 14:00 | Report Abuse

Bersatu grassroot is growing by leaps and bounds. I was once an UMNO akar umbi but I hate to be associate with penyangaks. I will join DAP soon.

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2021-03-06 10:14 | Report Abuse

Hengyuan's price movement often move in tandem with Bursa. The last surge was seen in November. Bursa will be on uptrend for a while until the next OPEC+ meeting which will held somewhere in April. Should the Brent crude stays above 65usd, my TP is RM6.35 (38.2%), RM6.80 (50%) and RM7.25 (61.8%). based on Fibo projection.