wud it break up abv 0.32 on this move over the v near term?Based on my chart analysis,i believe it wud as the base formation developed over the past few days shud provide enough upward momentum to break thru.On wave analysis,it has more than 70 pct chance of forming an impulsive upmove n m looking at 0.36 as the 1st target.Maybe it wont happen today but i dont think it wud take long...early next week...esp if current upmove is an impulsive one.
this is ali rustam proxies stock...i think-lah...but they're not going to push the stock up...they will push it down...so ali can use the money for next umno election..careful
trustme932 I'm quite interested in this stock due to its fundamental. Being an expert in charting n analysing its trends; just eager to know at what support level can v start to accumulate this stock? Thank you bro.
hiddengem....after seeing the low below 0.20,the next major support area is at 0.255-0.265 zone... on wave analysis,the aforesaid supp area shud be the lowest end n shud form a new upwave structure targetting at 0.36 n 0.38 area from there.A decisive break of res 0.32 u can accumulate.
yes...it has alot of room on the upside.Juz on .618 pct retracement from historical high,the target is at 0.43..whats the problem hitting 0.36 n 0.38?Downside risk is limited,cant be going back below 0.20 unless...something they know we dont know?
the current 0.32 res shud be defeated soon.The recent higher base bottom adds to my confidence to believe the new range for short-med term shud be 0.26-0.36.
hiddengem, you meant you only went in this morning ? I thought you had your bullets ready last week. Anyway at 31.5 is still good based on trustme932"s chart !
Bro trustme932 I waited for it to consolidate at 0.28 but it didnt drop to that level, so as per yr advice that once it break 0.32 it will resume uptrend. So I grab @0.315. Tq
I have the mother share at 30 sen. Warrant A at 18 sen and Warrant B at 14 sen. Cleared 30% of the warrants this morning just to be get some beer money !
Thanks trustme932. If you were to see my postings I am a small and conservative trader, and many times I trade for fun. I held these stocks for more than 3 months already which to me is considered long. Wishing you good health and good luck !
In stock trading, there are always gains and losses. I have also incurred losses in so many counters over the years. Sometimes you win and sometimes you lose but the most important is at the end of the day you are in the plus territory. Like playing Black Jack - you cannot expect the Banker to pay you every time but once the game is over and you made money, it's good enough. And do you notice that most if not all people talk about their gains but not their losses. This is human nature.
Med term target is at 0.44-0.45 area from base support at 0.195.Current upwave supposed to be an impulsive one though its only 4-6 sen up so far.M looking for 0.36-0.38 area over the v short term.
trustme932 tqvm I'm still holding DIGISTA & when u sell I'll queue behind u becos u r the chief navigator (chartist) steering the ship to greater height.
Impulsive wave like what we saw yesterday,1st time after quite a while,from the breakout of 0.32 res,shud lead it to 0.36-0.385 area today b4 consolidating or building up momentum for test of previous res levels like 0.42-0.44 area later.
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inwest88
5,628 posts
Posted by inwest88 > 2013-09-11 16:00 | Report Abuse
Nibbling at 29 sen !