Posted by mc121534 > Oct 8, 2013 12:52 AM | Report Abuse
Look at facts. Dont guess. Study the mergers and who are their investors. Most of them are long term. This is not rumours. Short term gain is not wrong, but dont overdone. With enough coverages by bankers in days, it is sustainable. They have a good foreign private equity fund involve and they look at results and profitable return. I believe it can sustainable. I am long on this cause it make sense. Ñ ________________________________________________________________________
Don't expect stocks to fly sky high and not retreat? Fundamentals don't change everyday but supply/demand...YES. It's the supply/demand that affect price movements.
mc121534...one ought to buy and trade based on fundamentals and technicals. No matter how good a stock is, the rally won't last long. A trader like me buys and sells on technicals. Every price movement is imputed on the chart. The chart tells a thousand meaning. U can go long based on good fundamentals but price fluctuates based on supply/demand. An analyst can set a high TP but that doesn't mean it's achievable overnight.
buy on rumours and sell on news...see what happened in GHL? If u are long, go ahead. Probably mc121534 is long...I don't know. But what's wrong selling at the peak of 0.65-0.665 yesterday? Some investors like to hold for long. Probably u can swallow the opportunity loss of 0.66-0.58= 8 sen. Not me!
After a long green candle yesterday, 70% of today's candle turns red which is within my expectation. Today it retraces to -38% & probably will dip further to -50% which is 0.54. So long it wont break the support 0.495 to close the recent partially close gap, there is stil a tendency to rebounce.
I bought TMS because i tot the trend was over! Haiz.. then there was one guy name zack123 say his father signed contract with TMS manager. Niama that guy say it will go back to 0.19!
Sometimes the MACD, bollinger band breakouts, sharpe ratio, and Var never make any diff for stocks like TMS and Sersol! Nobody knows why dafuq it devalues...
mc121534, if u had studied Technical Analysis, then u would understand what I have meant from the beginning. There are two school of thoughts - fundamental and technical. For stock selection, u may use fundamentals, but for the timing of buying and selling, one would use technical analysis (TA). That's the only way to maximise returns. GHL is a good example. Good luck in holding for long term.
JeevS, dont listen to that type of people telling u his father knows who or what co invites who son to join etc etc & he who says this is a shark to lure u into the trap. I was trapped before in Luster. ,
JeevS, if u have the holding power, this counter i recommend u to long but maybe a year. The TP is RM1.00 & definately it will cross over your buying price. But for the coming few days, it may dip. Good Luck.
Thanks City Trader! Sometimes I feel that we shud create a group and discuss together what kind of stocks we should long and short for profit! Probably in facebook! :) Here there're some camouflage big sharks here to trap us to die!
Jeevs, there are a lot of people who just scream buy buy buy or sell sell sell or give you target price etc without any basis at all. Do be don't naive to follow. I would suggest you look at the postings from the following people (who are experienced and knowledgeable and giving their opinion and with justification - of course you need to do some own study and analysis as at the end of the day you have to make your own decision) These people are :- kcchongnz, ooi teik bee, kcloh, trustme932, sang jero, city trader, rchi, matrix cool, bsnpng etc.
thanks guys! Now I'm more motivated to earn back my money! If theres one think I would like to share is to be 'PATIENCE'. I swear it will really payoff. I was patience with GHL in the beginning and I got profit almost 8k, then I was so greedy and impatience towards TMS and I lost so much in it! Its ok...tomoro gonna aim properly for ANCOM LOGISTIC BHD (0048) and PLENITUDE BHD(5075)!
lewkokseng, trust me, just be patience! Ignore the stocks fluctuation if you're holding it now! Dont even consider of buying it now also! I just did Regime switching on tms and its still in the bad regime! Will boost soon when there's any announcement in the comp! Thats all i can say to you...tc buddy
a southern Doji was formed after a long black candle & if today, the candle stick has a bullish real body that intrudes deeply into the candle formed on 081013, then it is a confirmation of Morning Doji Star which is very bullish.
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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....
Superb99
6,599 posts
Posted by Superb99 > 2013-10-08 09:42 | Report Abuse
frankly I myself is not that comfortable with technology counter one...short term is still ok.