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..
No result.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
AL833D
884 posts
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...?