There must be some good annoucement coming to justify the recent uptrend. Or simply investors come to the point to understand the real value of Huaan. Maybe we are on track to 0.45 by this week.
If it breaks 0.40, there will be enough momentum to take it to new heights. The past few weeks has been an oversold outlook. Even after 0.40, this 50-sen par value share is still cheap.
Very well done for Huaan today, and it is the 2nd day consecutive uptrend since end Feb. Congratulation to all strong holders and hopefully your patience has been paid off with continuous uptrend in the next weeks as everyone finally realized the value of steel stocks and the impact from Trump's tariffs are minimal.
It's always good to hold instead of playing contra as you will end up chasing high and lose commissions in contra in this uptrend momentum.
monsterlucas - if it breaks the 20day MA (0.39) tomorrow, it should be testing 40sen resistance soon after. Today's volume is good as you can see but let's confirmation tomorrow. Fundamentally, if it is still in the black where profit is concerned, I believe that it is still undervalued.
If we can believe you, you started in 1980, I started in late 1994. Recently, you admitted that you lost a lot on Huaan when it dropped from 66c, but everyone can see the proof that I bought 200+ k @ 3.5c when everyone was scared the co. will go bankrupt and I sold 507/515k of my shares & made 56k.
And Huaan was just ONE of the 182 counters I made $$$ on in 2017, including 5 Japanese & 15 Singapore stocks.
So does it matter that your "experience" is longer than mine?
@Dompleilee, no matter how experience , how rich , how educated you are , my advice to u is BE HUMBLE , no need to tell all ppl here . That is your business . U won so much & so much , yet still want to look for ppl here to join your group with the registered fee .pls don’t critize other ppl “ stupid , pembohong , go back to school to learn more” all these uneducated words . 留些口德!
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....
dompeilee
11,888 posts
Posted by dompeilee > 2018-04-02 14:39 | Report Abuse
b4 PUMP, I'm the first one to recommend BUY....After DUMP, I'm the latest to call a turnaround just before the rebound! :)