If you look at the chart using technical, the bearish is ahead, the bullish is shortlive, the distribution of selling too high, price is going to bearish. Need to wait good news to push up. Sell at 0.110.
If want to run is tomorrow as they will push up by another 1 cents to 1.5 cents and start sell down again. Price go down time Shark also make big money
Morning they already clear the lower cost shares after few days of playing short and is time to push up with surprise. But Alam different because many smaller punters also play short
This is the similar trend to Nextnat in January till end of febuary. If can it will go down and steady at some sort of 70cent or 80 cent for a long period of time.
Those who still have this shares should throw early early tomorrow morning and then buy back by closing and make lots of money as the hustles will do the same like past 3 to 4 days......sell at 12 cents in the morning and buy back at 10 cents... today sold at 0.09 and buy back at 0.08-0.085 ....good money
i believe a lot ppl try toup at play contra..when you buy at lower price and try to q and sell at high price, you will aware you won't get it as a lot ppl q to sell at higher price while less ppl to buy at that price....at the end, some ppl (perhaps they are purposely) lost patient and dump out their share with huge amount and lower price is cleared....this situation keep continue and the price drop....better stay away from this counter...come back only when it drop to low price, maybe 0.07 or 0.075
March 05 - Tuesday - 0.125 March 13 - Wednesday - 0.125 March 21 - Thursday - 0.125
Sharks are pushing the price indirectly down now (from March 21), so that they can profit on
March 29 - Friday - 0.125
Lets, see on 28 March, the price is going up slowly or not. If this Friday is missed, then next Friday( April 5th ) will be the target for the sharks. And this will be the last hike before, the counter remains silent again for another period.
Last week too many contra palyer participate,the selling pressure were created this week.The shark will not push up when selling queue is too big.
For example if queue sell at 0.130 is too big,if nobody buy 0.130,after a few minutes queue sell of 0.125 will become biger and biger,the 0.120 queue will become biger and biger if no one to buy 0.125,and so on. Untill certain low than slowly got people willing to buy.
All this is normal,not the shark`s fault. As a retailer,i think you also don`t want to buy when sell queue is too big.
I neither the shark nor the contra player. Just an ordinary investor. Play with cash is the best ! Play with contra,force sell for sure is there,don`t blame others !
FatCat, that is the indirect psychology used to bring the price down, and once is down and stable, that's when they enter, and the price shoots up for their profit.
JRD_500 , You are absolutely right. That is why we got to understand how the game to be play. Only with cash and skillful,nobody can play us out ! I enter now.
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....
dan_insight
13 posts
Posted by dan_insight > 2013-03-26 10:41 | Report Abuse
Already 0.095....