Ok guys. Here's my take on today's trade trend. 2day the reversal of the retracement (shown by the "bullish engulfing candle stick" on the 7/7) to the continuation of its upward movement has been confirm. This is due to the full green candlestick 2day n also due to the increase in total vol traded as compared to yesterday. What tis indicates to me is that: 1) there is a v v strong support today. The total buy vol and buy transactions overwhelms the sell vol n sell transactions. Tis also translates to accumulation by the maestro. 2). What tis also indicates to me is that I believe the prices of 1.69 to mayb 1.72 r or will b history soon. The prices may also spike pretty soon in the v near future. ( dun b surprise if it happens 2morrow). 3) I would think that topping up a little more mayb a good option ( for investors only) as it seems like breaking out real soon. However a word of caution. Pls do your own homework n understand the rewards/risks ratio when entering. 4) l topped up another 3k 2day at 1.70. Mayb will top up some again 2morrow. Will watch the trade trend n decide. 5) The breakout seems imminent to me. Its just a matter of when. Gud luck n happy investing. Comment is not a recommendation to buy or sell. Use infos as u see fit.
Jefflim1234 : Thank you for your encouraging words. With reasonably juicy valuation following recent correction, I also top up a little bit to my Alcom inventory.
[ Friendly Reminder to all Alcom 兄弟门: I have an e-publication on 25 Top Small Caps - 2017 Edition by a leading investment bank. Those interested to have an e-copy, please leave your e-mail addresses here.]
The e-copy has been mailed to all Alcom members who have left their e-mail addresses here. I suggest that those have received it to delete their e-mail addresses accordingly to avoid "unnecessary inconvenience."
My pleasure in sharing some investing resources with you all. Thank you.
Excerpt from the investment banks: KLCI: Rotational play in small-to-mid cap segment; FBM KLCI may be due for a rebound
The inability to push through the healthcare legislation may also post difficulties on passing Trump's pro-growth policies such as the corporate tax reform. Hence, the upside of the Dow may be capped near the 21,600-21,800 levels over the near term.
Meanwhile, shares on the local bourse could sustain the recent trading momentum after overall market volumes have picked up.
Also, trading focus may shift towards the small-to-mid cap stocks following the resurfacing of Bandar Malaysia news in the media and may slowdown the trading interest on ACE market stocks, which were actively traded last week.
As LPTan68 says, " 新的一天,新的希望." A new day, a new hope. Have an interesting trading day.
[ Unless otherwise stated, all definitions used in this announcement shall carry the same meaning as defined in the announcement dated 12 April 2017 in relation to the Proposed Capital Repayment.
We refer to the announcements dated 12 April 2017, 30 May 2017, 22 June 2017 and 28 June 2017 in relation to the Proposed Capital Repayment.
On the behalf of the Board, AmInvestment Bank wishes to announce that the hearing of the petition by the High Court of Malaya at Kuala Lumpur for the Proposed Capital Repayment is fixed on 9 August 2017.
[ Larrytrader anyone has fibo analysis 19/07/2017 19:48 ] Larrytrader, you may think about this ... [ Md Abd Fahmi from my eye.. due to up trend.. can enter between 61.8% fibo and above. ]
People usually take special attention to underlined words, phrases or sentences when they read. For me, I go beyond that.
I read between the lines, what's before and after the underlined items and try to co-relate them to any possible realities.
I read them as a part within the context of a whole and see them as a whole to understand the parts. Sounds so philosophical yet so confusing?
Read the excerpts from the recent threads I have selected. Mark your attention to specific clues. Put your reading outcome objectively against the visuals of technicals. What do you get?
[ Md Abd Fahmi from my eye.. price range 1.66 ~ 1.80 ... im seeing like ready to take off and leave 1.70 behind.. 18/07/2017 18:24 ]
[ Jefflim1234 Ok guys 2). What tis also indicates to me... will b history soon. The prices ... spike pretty soon in the v near future. ( dun b surprise if it happens 2morrow). 3) I would think that topping ... it seems like breaking out real soon... 5) The breakout seems imminent to me. Its just a matter of when. 18/07/2017 23:56 ]
After the approval of the High Court on August 9, 2017, less than 3 weeks away, Alcom will announce the entitlement dates of the capital repayment. So, the spike in prices will happen very soon.
LPTan68 你们大家好,股市很多再掉,就不怕人怕人的是人家起我们掉。rsi 16%,量也越来越少了,除权日到今天也掉了15%,横盘也进入第五天,应该很快就要反弹,只是个人的意见。。 18/07/2017 09:17 LPTan68 you all good, a lot of stock market and then out, not afraid of people who are afraid of people out of our people out. Rsi 16%, the amount is also less and less, ex-dividend today also fell 15%, sideways also entered the fifth day, should soon be a rebound, just personal opinion. The
The_Reds: Nvr mind. Just do it within your means. I usually do some collection when I sèe it being a good n reasonable buy when people do not. In that way I can also see where the counter is taking us. I forsee an immediate tp= 2.28 by the 9th August. ( i. e date for confirmation by the high court for 32sen repayment). As I said b4 , I m expecting a break away pretty soon. Let's hope I m right. And if all goes well with the confirmation, ALCOM GOLDEN PALACE WILL B IN SIGHT SOON! Mayb will comment a little bit more 2night mayb not. See how it goes! Cheerio. Comment is not meant as a recommendation to buy or sell. Use infos only as u see fit.
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....
Larrytrader
1,453 posts
Posted by Larrytrader > 2017-07-18 21:44 | Report Abuse
thanks