CT...notice the higher bottoms...m looking at 0.67 equality,to be conservative, but we may c a slight pullback from here b4 up.Watch out for 0.59,wont be a bit careful on this count.
trustme932, yap. for the last 2 days, price stablized at retrace -24%=0.58. I noted yr concern but if vol increases x3 prior to breakout, i believe it can above 0.67 & +24%=0.75. In regards of 0.59, i m of the opinion price may not go back there again & perhaps at 0.60-0.61.
Posted by trustme932 > Oct 17, 2013 02:31 PM | Report Abuse
Its a pity,they didnt push it lower than 0.58 as either way if u look the chart pattern,our upside targets wud be met
Hi trustme932, im sorry that i dont get u here.. if price does go lower than 0.58, what chart pattern could possibly form? Apologise for my ignorant & hope u clarify a bit ? TQ.
SPA relates to those companies with no business upon listing but only scouts for business after listing. It stands for Special Purpose Acquisition Company. KCChongnz had given a very detailed analysis on this type of companies. I suggest you judge for yourself.
We see the imminent implementation & announcement of GST in the coming Budget 2014 as a major catalyst for the realisation of value in the electronic payment sector. Our favourite Co in the B2C segment of the electronic payment sector is GHLSYS for its dominate market share, regional foot print & strong management team. Target price RM1.00 or 15x FY14 EPS of 6.7 sen/share.
trustme932, i have confident today it will move bcos it has formed pennant that almost reaches to the apex.. I hope my looking at this pattern is correct.
trustme932, i probably know how u got your TP 0.67. It's currently trading at 5th upleg Wave or rather use simply in case i confuse myself; Wave5. If i assume 2nd Wave increasement 23% is similar to 5th wave, so this TP=0.67. Maybe i got it coincidentally only, hehehe, no harm to guess what/how u analyse if i want to improve & hope not end up to b yr laughing stock. hahaha . Good Nite & have a sweet dream.
CT..the 5th one is always a tricky one esp if the 3rd is overextended,which means it has even covered the final objective n thats y the 5th can turn out to be a failure.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 547 views | 3 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 12826 views | 11 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
CityTrader
8,151 posts
Posted by CityTrader > 2013-10-17 13:21 | Report Abuse
Trustme932, may u share yr tp? M waitin for the breakout 0.665. My 1st tp=0.72.