Mr Flintstones, I do not all in and I still keep 40% of my cash. I did not ask you guys to help me push up the price. Even though you guys push, you guys still cannot win the operator behind and will be fooled by them. This is a buy and holds counter, not a FIFO counter.
I'm riding with the operator, who are them? Do your own study. I might get wrong, but the risk now is slightly lower but the potential reward is high enough. Anyhow, I do have my cut loss point (0.320), because my ultimate TP is 0.275 (the blue line).
LOL as a technical trader, i surprise you give the statement below:
Below the blue line is a very strong accumulation zone, anything below .275 is a buy, just hoot don't ask, close your trading screen and put into your refrigerator, open it back during the year 2020.
Don't laugh at me...hahaha.. I'm using TA to identify buy and sell point only...0.275 is chip accumulation zone few years back...as last time to now, Layhong is growing...0.275 not easy to go back... even QL wan acquire Layhong 35sen few years back also fail...
everything is about expectation...the more people playing, the more it will collapse...no expectation or low expectation counters sometimes give the highest rewards... just my 2cents...
I am very annoyed by people talking about Technical Analysis in Malaysia, especially in this forum. Good Techinical Analysis will help you long oil all the way from USD20 to USD80, then help you to short oil from USD80 to USD60. If you don't know how to do that, then don't use technical Analysis, you know nothing about it.
Yes, i am referring the U shape line you draw. ABSOLUTELY RUBBISH!!!!
Patrick, I didn't mean U shape recovery will not happen. But it will not happen because of "your technical analysis skill". If you are good in technical analysis, then your technical analysis will tell you buy signal after 40 days from now.
If i am right (time shall see), then "your technical analysis skill" is not really technical analysis skill.
In fact it will happen soon enough, one, production appears to have recovered, two, the worse is over. If one happens, then two, three, four will happen too. (two, three, four.....are New production begins lah, high egg price lah, favourable exchange rate lah, PROBLEMS OF COMPETITORS LAH, ......)
After 40 days, a bunch of "copy and paste sifu" on different channels says buy buy buy.
okok, understood...Thanks for your insight...btw supersaiyan3, I saw your message in layhong i3 that telling OMGOMG you know what actually happen, can u email me as well... hoeweng1997@gmail.com...really appreciate that...
I morally support to patrick, although he post only 2 parts of the TA for LayHong .
Frankly , i see 0.325 is thebottom for LH ... i wont comments on the details. As many has suffer from LH cliff jumping few moons back . Lets the results tell us .
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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....
Flintstones
1,762 posts
Posted by Flintstones > 2018-12-07 12:27 | Report Abuse
Author already all in. Now asking you guys to help push up share price! Gogogo!