i believe the support would be 1.08 to 1.1. But it depends on the oil prices where oil producers will meet up on 19th of April. So advise not to trade or hold cash til 19th april.
why still many talking about the currencies?it is fluctuating everyday until you die..it is concern about the quality of a company management..who care about the little bit of currencies changes if the company is good?
dont challenge the market.. buy at the right time and sell at the right time.. not holding the shares when it is dropping. if you loss only 5% of your investment then sell. if you loss more than 5%, then hold till it rebounds (very unlikely).
a technique that i've always used 1. Sell when you are losing 5% of your investment (do not hold for too long otherwise you might loss even more)
2. Sell when it drops more than 5% from recent peak
Don't worry,this counter is like Inari,won't die one,you may be scared by the slip or sometimes sharp drop,but it'll climb back eventually.At this stage,those who don't have gut & faint hearted will sell & lose money,but this also depend on how big is your investment,if it is huge investment,you will feel very insecure & sell too.Trust me,if you can survive this stage,you will prevail,this is my personal experience.
high risks low return,,not worth to bet on it..might be just the beginning of the nightmare..now is the price just after the bonus issue..the following correction might be like vormit out from the rally last year..7X..
Not the right time?when is the right time then?buy when the price is sky high?buy when everybody is chasing high?in reality,nobody knows when is the right time?buy if you see value,don't buy if you don't have faith & confidence in this counter,as simple as that
It is obvious that retailers already associated this counter with USD performance.So,if USD can't move up to 4.20 level,price will not move back to 1.50 level,but the downside is limited also.If you already hold up to this stage, just continue to hold,even if you sell now,how much can you save from the losses?I bet when you come back in 1 or 2 months time,it'll still stand above 1.10 if not higher .
USD 4,hevea 1.30,USD 4.1,hevea 1.35-1.4,USD 4.20,hevea 1.50,USD 4.30,hevea 1.50 & above,very sad to say that this will be the price movement for hevea until next Q report.Everyone seems to put aside value of this counter.
Just hold on & keep calm,at this stage,it's all depends on USD movement,if USD strengthen ,it'll continue to climb,otherwise no matter how good is this counter,it'll come down
@Rosmah - Thank you for your reply. It seems like normal investors like us will have difficulty in visiting the factory then. Please keep us updated if possible, thank you for the hard work.
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....
win2win
528 posts
Posted by win2win > 2016-04-04 15:44 | Report Abuse
guys.. it can go even lower! next wave of crisis is yet to come! cash out and wait it to fall before collecting!