Posted by richkid > 2015-01-29 10:44 | Report Abuse

Even a loss making company like Glotec is coming back alive today with huge volume...that is a case of " salted fish comes alive...(ham yi fan sang?)". What about a profit making company like Systech? Ask yourself. I prefer profit making company with double digit growth..you won't go wrong. Lets see if it will rebound stronger later as it always does.

Posted by kha8008 > 2015-01-29 10:48 | Report Abuse

Same goes to ygl... big brother of systech...

Posted by rapidbeginner > 2015-01-29 10:55 | Report Abuse

ozzie... ops sorry i need to amend my statement ...

federal reserve will NOT hike up the interest rate until june.... is a good sign.... hahaha DJ will bounce back..... tomolo will be Good Friday....

Posted by ozzie75 > 2015-01-29 10:57 | Report Abuse

No worries. I know where you were coming from, rapidbeginner.

Hope everyone here makes money.

Posted by esl_22 > 2015-01-29 11:07 | Report Abuse

Moving around at 0.370 and 0.375.

Posted by ozzie75 > 2015-01-29 11:12 | Report Abuse

The 4K++ buy queue is denying others from entering below 0.37. :)

Posted by richkid > 2015-01-29 11:12 | Report Abuse

We are at a point where the bulls and the bears are taking a rest after heavy fighting. So lets wait and see if the bulls can overturn the bears.

Posted by tradervic > 2015-01-29 11:15 | Report Abuse

Any queue can be broken easily depending on trend of stock.

Posted by richkid > 2015-01-29 11:35 | Report Abuse

slowly eating 37.5 sen...

Posted by kha8008 > 2015-01-29 11:37 | Report Abuse

If broken abnormal already or just scare tactic... i strongly belief under normal trend, it will stand

Posted by brutusbeefcake > 2015-01-29 11:42 | Report Abuse

retracement in process....

Posted by Raymond Wong > 2015-01-29 11:44 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/01/27/Systech-climbs-in-active-trade-prompts-Bursa-query/?style=biz

Posted by tradervic > 2015-01-29 11:47 | Report Abuse

No activity for a while. Not a good sign.

Posted by mtr27 > 2015-01-29 12:09 | Report Abuse

Is this a GST related company? what services they provide for GST??

Posted by richkid > 2015-01-29 12:15 | Report Abuse

Contra players should sell ...long term players hold..

Posted by kha8008 > 2015-01-29 12:17 | Report Abuse

370 breached...

Posted by richkid > 2015-01-29 12:17 | Report Abuse

Market is volatile...due to the fall in DJIA yesterday and Ringgit depreciation.

Posted by tradervic > 2015-01-29 12:18 | Report Abuse

I like this stock but am worried about the market. Too many uncertainties.

Posted by richkid > 2015-01-29 12:19 | Report Abuse

Sell signal triggered... now at support 36.5 ....next support 33.5...hope it won't go down. Resistant now at 38 sen...

Posted by richkid > 2015-01-29 12:22 | Report Abuse

Contra players safer to take profit...and come back later. Market is red... If volume is coming back then further buy. T+4 heavy selling anticipated this evening....hope Systech can weather the storm....

Posted by tradervic > 2015-01-29 12:23 | Report Abuse

Someone marked down 0.365.

Posted by richkid > 2015-01-29 12:27 | Report Abuse

Yesterday they blocked it at 38 sen.... today they blocked it at 37 sen...however the block of shares breached.... causing a further fall to 36.5... Don't look good...volume is too thin...contra players will need to sell...if not they have to pick up.

Posted by tradervic > 2015-01-29 12:28 | Report Abuse

I think if market continues to be weak the next few days, there will be more heavy selling especially from those who bought at highest 0.395.

Posted by richkid > 2015-01-29 12:28 | Report Abuse

Cash buyers ready to buy cheap...but they are still waiting for the price to stabilize. Those contra players must now monitor this share closely...36.5 sen is a very critical support.

Posted by richkid > 2015-01-29 12:29 | Report Abuse

If 36.5 sen is breached, we will be back to 33.5 sen which is the resistant turned support. This will be a very strong support....

Posted by tradervic > 2015-01-29 12:30 | Report Abuse

See..last minute hit 0.365.

Posted by kha8008 > 2015-01-29 12:32 | Report Abuse

If 335, can buy more...

Posted by tradervic > 2015-01-29 12:33 | Report Abuse

I will definitely buy at 0.335.

Posted by richkid > 2015-01-29 12:33 | Report Abuse

Problem is actually due to the fall in ringgit...The Singapore dollar tumbled as much as 1.35% against the US dollar yesterday, as the ringgit fell in tandem. The market reacted strongly and after so many bad news, Systech succumbed to profit taking and nervousness of investors to lock in profit.

http://www.thestar.com.my/Business/Business-News/2015/01/29/Singapore-shock/?style=biz

Posted by richkid > 2015-01-29 12:37 | Report Abuse

Yes, if it falls to 33.5 sen there will be massive buying again...that is why I tell you this is a strong support...

Posted by kha8008 > 2015-01-29 12:39 | Report Abuse

Just hoping for 370, 335 is even better

Posted by esl_22 > 2015-01-29 12:47 | Report Abuse

Just bought at 0.370.. Drop again then buy again. ^^

Posted by brutusbeefcake > 2015-01-29 12:49 | Report Abuse

remember, fail to breach previous high will result in retracement in price.

Posted by richkid > 2015-01-29 13:01 | Report Abuse

@brutusbeefcake I noticed it gapped down this morning..opening at 38 sen compare to yesterday closing of 38.5 sen. So it is weak today with price going downwards. Sell signal trigger if it close below 36.5 sen. If it close above 38 sen "closing the gap" high chance it will go further up. Until then just monitor.

Posted by thor88 > 2015-01-29 13:32 | Report Abuse

WHAT HAPPEN?

Posted by the_strokes88 > 2015-01-29 13:40 | Report Abuse

will buy at support

Posted by MainBesar > 2015-01-29 13:49 | Report Abuse

Wait for klci to rebound

Posted by kha8008 > 2015-01-29 14:34 | Report Abuse

Breached...

Posted by Raymond Wong > 2015-01-29 14:38 | Report Abuse

??

Posted by mtr27 > 2015-01-29 14:39 | Report Abuse

33.5 otw

Posted by mtr27 > 2015-01-29 14:46 | Report Abuse

Today bursa seems like in 'vacum' mood

Posted by tradervic > 2015-01-29 14:49 | Report Abuse

Just to inform you guys that there might be more selling tomorrow because it will be long weekend. Monday is Federal Territory day and Tuesday is Thaipusam.

Posted by weechin53 > 2015-01-29 14:49 | Report Abuse

Market correction!

Posted by win2win > 2015-01-29 14:50 | Report Abuse

what? what to do then? please advice

Posted by richkid > 2015-01-29 14:53 | Report Abuse

Too many bad news...the whole region is in red sea.... just like last time....

http://www.bloomberg.com/markets/stocks/world-indexes/asia-pacific/

Posted by richkid > 2015-01-29 14:59 | Report Abuse

All because of the oil price falling again to a lowest level ... due to over supply. And DJIA was down for 2 days nearly 200 points..for those with cash you can pick up cheap shares. But those playing contra must cut to avoid further losses. Can always come back again when the dust settles. Right now we don't know if it will go up again as the volume is too thin. Until we see a spike in volume, we cannot make sure Systech will resume its uptrend. Trade with care comrades.

Posted by esl_22 > 2015-01-29 15:07 | Report Abuse

Looks like picking up a bit woh..

Posted by Raymond Wong > 2015-01-29 15:09 | Report Abuse

hope can closed at 0.40 today.

Posted by richkid > 2015-01-29 15:14 | Report Abuse

Yeah...as always but not sure if tomorrow further sell...volume is too thin. Must watch for volume to determine if the uptrend is sustainable... just monitor.

Posted by HuatRex > 2015-01-29 15:15 | Report Abuse

richkid, the fundamental still strong for long term play right?