Posted by AL833D > 2012-10-11 19:20 | Report Abuse

Hi Teh, good question Amedia how low is low? i no good in TA (MacD? MA? RSI? Stochastic? Bollinger Band? or Fibo Retra?), but i know the buying signal not 'show' yet! if PP was at 0.37, can market absorb this few day 'droping vs volume'? i agree what alex say ..... avoid...?

Posted by Kim Yap Lau > 2012-10-11 19:57 | Report Abuse

inverted hammer formed

Posted by CP TEH > 2012-10-11 20:02 | Report Abuse

Hi AL833D

Yes, should avoid as more retailers obviously have to sell for losses now. Those bought at 50cents to RM1 levels most likely selling too.

I do not believe in indicators much, and certainly could not be used for cases like AMedia. It is matter of how much 'they' want to press it down further, and what will be the decisions on bonus-warrant news.

I did not follow the developments for this so-called good FA counter as it is in ACE, speculated to move to main board. That piece of news being used to push it higher as many do not want to 'miss the boat'.

It attracts many counter-trend traders like me. But, it is not time to buy yet, certainly.

Waiting for signals.

Do watch but avoid.

TEH

Posted by amywo > 2012-10-11 21:28 | Report Abuse

Everyone is looking at this counter expecting good,unfortunely falling down day by day!

Posted by necro > 2012-10-11 22:04 | Report Abuse

dah ada doji sok GREEN laa tu...
afraid xIN hati suicide go laa...
1% u win 99% possibly lose..