Small small play only...one hundred lot bought today...penny stocks mah...cannot afford blue chips..Not only Systech lah....the overall market is weak...especially oil and gas counters...
Tomorrow those who sold will be crying....because this is call herd mentality...they just follow the crowd...Systech will rebound again. Always resilient. After CNY Systech will retest 40 sen.
Don't frighten people ....not all counters should run...only speculative counters...like Takaso or Asiabio...those really speculative...jump up and down so fast. Systech is slow and steady. No fear at all. Today I bought at support 33.5 sen. Like to be a contrarian. You run I buy cheap. Buy on weakness...thats what I learnt from my experience.
4 days of red candlesticks...tomorrow expect a green candlestick...Even in Genting you don't see so many times small, small, small, small....the next one must be Big!! Dare to gamble?
Aiyoo..no need to sell or buy...market too quiet...nobody play...but best time to buy at cheap price. I think all sharks also balik kampong for CNY. The volume is too little to have any impact.
Herd mentality...people sell everyone follow....The fools follows the fools... only the smart wait for good chance to grab cheap price. Now you see cheap price...after CNY it will be green green grass of goat..hahaha
Have faith brothers...Systech will continue to rise after CNY. Many selling want to balik kampong...so this is just temporary. Now is the best time to buy cheap when people are selling...rather than chasing it when it run fast.
@kha8008 the volume is just too thin. I believe it will bounce back. I bought at 33.5 and it will be the strong support. No worries. Next support is 28 sen if it breaks 33.5 sen closing today. Resistant is 36.5 sen and the next 39.5 sen. There is no panic selling as this is CNY temporary sale...for limited time only. Look...it is down across the board. Not only Systech but other IT counters too like Efficen and Novamsc. I prefer to wait for a clearer picture when volume is back.
Tq richkid, i no worri this systech. Been w them quite a while... As u said, systch is strong, but they also follow klci, in agood day, Shiny day.. syatech will back on its feet again n leap...
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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....
richkid
8,140 posts
Posted by richkid > 2015-02-11 16:02 | Report Abuse
Aiyoo so fast finish 33.5 sen? Want to add another 50 lots later....queue again at 33.5 sen...hahaha