Just my hunch today's best closing price will be between 0.73 or 0.735. just a feeling could be wrong hehe, today is more like a consolidating day not time to go rocket yet.
Activestream, I don't time the market. My reason for buying need to end with the same reason I am selling. For MRCB, if the sharks see the potential value of the MRCB, then it go with the reason I am buying it. For now, it's 50/50. I could have picked MRCB at 69 (I regretted I didn't)
I still stick with the result of MRCB is just so-so profit. If they get HSR, then it's different story already. 2 years from now, anything can happened and it's only meant as a BONUS.
MRCB need to be independent enough that their existing projects can garner them lucrative profits.
No Worries Daily8 I also did not go full strength in I fish a bit a a bit from 0.71 to now 0.73 which is the safe entry point for the SMA(50) mark which I mention this morning if can breach this price means its a safe entry point.
The biggest catalyst in the short term is the disposal of EDL and completion of bkt jalil land sales which is expected to be done in this quater...Fundamentally, the company is so strong with almost min gearing(almost zero gearing).... BUY....
Batman007 Nice closing mrcb. Again I wont talk rubbish! relax lah Batman no one here say you talk rubbish, just be happy the technical reading is correct that today can start moving up a bit. Tomorrow will have to see whether can keep moving up on a steady pace no need rocket just steady up like that also will be good.
Market isn't on our side. Stay cautious and trade wisely.
@avatar6 and paperone, MRCB thought a good lesson on 23 AUG 2018. The chart was on the next wave (mostly bet it'll go up) It was a considered the next wave to touch 90 cents. What happened then? It slided faster than anybody could imagined and it kept going for 2 weeks and down the road, the price just keeping rolling down.
Per size traded was very huge and exchange of stock in between of seller and buyers were huge.Who were these people. Now, I'm not saying by 100 lots...I'm saying by 100x100000 lots. So, those institutions or big person who are buying in and out as trading action,they act so fast that nobody can imagined.
Sorry, I don't want to comment so much already. All the best.
Daily8, thanks for your insight , it's good to share a healthy comments like this, i like this way rather than seeing others comment of scolding and condemning :). Keep it up Daily8...
Hello "daily8 MRCB thought a good lesson on 23 AUG 2018. The chart was on the next wave (mostly bet it'll go up) It was a considered the next wave to touch 90 cents.
That day the MACD chart is already on the downtrend where got next wave to go up sure la drop, apalah dunno how to see is it the MACD line trend !!!. some more no news that time sure the price will be push down some more.
Activestream. WRONG, Look back. Chart not yet a downtrend. It was consolidated and sidelined.Price on 23rd AUG opened at 84. How do you know it's a downtrend before the end of the day when price fell to 78? Only indicator was MACD 12 day deadline crossed. That huge dropped when touched 78 only showed it was a confirmed downtrend.
News or no news, that was the past already. Azmin Ali went to Singapore only to NEGOTIATE COMPENSATION TERMS. NOT TO START HSR. Read the news correctly.
when reach 87 which was the highest but that price could not be breach should run already I a sold mine at 85 cents take profit first come back later when really got good news the RSI that time was already 70 Which is a danger. set a target for your self but also not too high la use the RSI compare with the price at that time you should know to run.
if been trading for so long must learn how to anticipate this kind of bad news might happen some time also cannot be always good news only. not every time the news is nice wan.
daily8, thanks for sharing. The last time when you called for selling, I sold all my shares. Luckily u bg tau that day, if I keep hold, memang I rugi already. thanks again.
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....
TEEXIAN1840
1,052 posts
Posted by TEEXIAN1840 > 2018-09-04 15:46 | Report Abuse
lose control, mampus tak mampus, baik mati terus, habis cerita...