Jesse Livermore: ”Throughout all my years of investing I’ve found that the big money was never made in the buying or the selling. The big money was made in the waiting.”
Why are you here? The bollinger band bounce is over already. The fundamental for Hap Seng has deteriorated. It won't go above Rm5.00. The possibility of holding at current price is already a bonus. Watch next 2 quarter earnings. If cannot sustain better let it go. The Rm4.00 support is crucial.
Cannot capture market in Singapore in competition market. Hap seng which have high fund, take over the main company. Short cut style. With additional not so good market in china, more down trend anticipated. Just my thought.
Look like this will be second time dropping. Must be lower compare to early year dropping. But dun know the reason dropping. Bad result? Owner tactic? Those who know internal news is advantages. Otherwise risk taker is betting on luck.
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....
Mel2learn
146 posts
Posted by Mel2learn > 2015-01-23 10:39 | Report Abuse
how do you guys see today?