What I mean trading buy..is sell above 1.90..buy back $1.80..maybe got $0.15 difference short term gain.
Because in technical views..the Relative strength Index(RSI) above 90 is super overbought area as per historical record show there will be some selling came out to consolidate the prices before start another new uptrend wave.
Correct me if I am wrong giving interpretation the trend
strong support at 179...bought 183 now 182.this is profitable courrier business.Good 4 mid term investmt bcos online shopping volume is increasing monthly...good for this stock. Huat arrr!!!
If u notice the trend ... It goes up and down about 5-6 sen ... Then there is a drop of 10-11 sen and it keeps going uptrend generally. It's the timing that you buy in. So don't worry.
Tomorrow is d fed meeting again. If Yelen increase interest rates then banking will also hv to do likewise and cost of business going to come up also. Hope she Juz maintains and Dow jones will go up !
When interest is lower... USA fund managers and those playing stock markets or companies invest in emerging countries like Malaysia. When the cost of funds become more expensive ... All foreign funds bring home USD cos can make bigger margin of profits
Isn't the PE ratio too high? In the words of William O'neil, the author of the best selling book "How to Make Money in Stocks" and the CANSLIM formula for stock selection in an interview:
"We found that there is very low correlation between PE ratio and the best performing stocks. Some of these stocks had PE ratio of 10 when they started their major advance, others have PE ratio of 50.
During the 33 years in our survey period, the average PE ratio for the best performing stocks in their early emerging stage was 20. At the end of their expansion phase, these stocks have an average PE ratio of approximately 45. This means if in the past, you are not willing to buy stocks with above average PE, you automatically eliminated a lot of the best performing securities.
A common mistake a lot of investors make is to buy a stock solely because the PE ratio looks cheap. There are many reasons why a share's PE ratio is low.
Another common mistake is to sell a stock with high PE ratios. I remembered in 1962 when an investor barged into my friend's brokerage office declaring in a loud voice that Xerox was drastically overpriced because it was 50 times earnings. He went short at USD88 dollars, Xerox eventually went to USD1300 adjusting for stock splits."
As examples, AMAZON is currently trading at a PE ratio of 552, LinkedIn at 758 while FACEBOOK is at 86. People just want to own them.
100-200 % , This is becasue of the online shopping increase in the whole market logistic need , logistic is play an important part to delivery the good for only seller , those all logistic company will benefit from this round consuming change . look at - Tasco , Tnlogic ...... all are in the same trend .
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cpng
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Posted by cpng > 2014-03-05 17:58 | Report Abuse
Steady steady gaining back...
Next step $.168~$1.70..
Boss dream slowly came true