Right time to call for split/bonus issue after hitting 1.50 to push the share toward 200. Be far-sighted instead of just staring at short term reversals. No stock will trend up in a straight line. Retracements on uptrust moves r part n parcel of our investment game for which v should take it on our stride confidently.
Optimusx, u r very geng. Small dt also u can see hor. But majority of the chartists said it's an insignificant one, in view of its short time span n shallowness, which will not hv much impact on the trend. Perhaps u r better in terms of blowing things out of proportion.
sideways consolidation. Not too worry. opportunity to load more before it zoom upwards. RSI will normalize in a few sessions. Clear the short term holders. My estimated eps for Q4 is another 10 cents, that 41 cents in total. The next Q1 would be another 30 cents eps.
Go down much. Don't think so.
Anyway Optimus, I seldom touch shares with no fundamental backing. FATA (Chinese)
You may argue that this 3Q is not normal, but if you attached a PE5 to eps of 41 cents, thats' RM2. Other projects just launched this month thus might not be capture much in 4Q.
Again, this is another inari in the making........
I look at the chart left right top n bootm numerous time also can't see the double top. Probably only ying-yang eyes people hv the privilege of seeing it in advance. Price pattern formation, in this case most probably rectangle or flag is common after a long rally. If the daily price fluctuations r called tops n bottoms, then rectangle price pattern for a long time span will give u hundreds of tops n bottoms. In another words, double top is meaningless for chartists. If the volume is shrinking during the rectangle price formation after a rally, it indicates a continuation trend with upside breakout carrying with it heavier volume. Lets watch the show.
Nicky, If u r long term investor, no need to worry or ask. Why? Regardless of outcome, u r holding wat.....
However, if u r punting, set a target ( dun be greedy) , got profit! Cash out lol... Depends lol...
Ok I try forecast for tomorrow - will go up! Kikiki... ( I missed this one... Damn! But won't chase since this high oledi... Happy for those who bot though... ;) ) Huat huat hurray to everyone here!
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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....
Alex Chan
3,915 posts
Posted by Alex Chan > 2014-06-19 09:10 | Report Abuse
yes....this is the real Q. Only double digit sellers