Price will retrace after sudden surge & it looks like it may retrace to 38% from its swing high.. RM1.42 then later shoot up again if the good news can overwhelm the profit taking.
Tomorrow will be another challenging trading day of this counter. Can it be down to 1.42? Likely if based on the pattern i said in my previous posts. Again, i hope there is sudden impact to upside the price. Again, the "hope" is against one of the trading rules of a trader. Cheers! Happy Trading.
monitor closely tommorow.... beli sebelah petang... buy onn weakness. boleh down sampai 140 (agree with kuah). Doesnt mean that i'm saying this counter is not good... but based on previuos experience... (refer to my post... Wenesday morning)
Some of our friends here start DEMAM SELSEMA.... COOl brother and sisters... dont become Chiken... kena makanlee...next week recover... will challenge 160 for the second time... uptrend memang gitu... kena faham psikologi uptrend.....
My prediction was correct for yesterday and today.... will my prediction correct again tomorrow? Just wait to find out.... However, i can buy back at cheaper price after sold some at 159 yesterday.... SMILEE.... ada yang ikut gua beli sendai?
jebat... u're like necro ... english+malay and some knowledge...ain't u...besides necro only posted 'once'(can't believe it) in benalec postings...am i right? glupp
After contemplating the price movement & the coming announcement as mentioned in above postings, i feel abit weired & odd. I m not a FA but would like to learn too. Take previous few stocks as an example that price swing upwards before news is being released. But why did this counter instead to swing upward, the price went red? Was the recent 13% surge implying that the stock had moved in respond of the news already & end of the game?
I dont mean to say anything here but it good to analyse the price momentum. We may encounter similar case in future.
If its similar to thheavy, upon pn17 upliftment, it went down. Although as I understand the land sale of 97million should translate to quite handsome profits. Likely bumper dividends?
anbz.... finally you are back... thank you for your 143... those shares that i bought from you that day has been sold for 159....SMILEEE Now, the price seems like moving to 143 again..... You tak mau buybackma ke? (KAWAN DAH SEMAKIN MALAS NAK BUAT ANALISIS, SEBAB TAK RAMAI YANG MENGHARGAI DAN MENERIMANYA SEBAGAI SUATU YANG POSITIF)....
Just to remind... 1. DJ start this year at 13500.... peak 15500 at the end of May, showed a signal of downtrend (down more than 200 points in a single trading day and below 15000 mark) 2. Philipine, Indonesia and Thailand (downtrend) 3. Japan.... too high
Always remember, yang naik akan turun, yang turun akan naik. What to do..... Buy 50%, keep your cash 50%... Bye-bye and happy trading....
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Posted by CityTrader > 2013-06-06 15:04 | Report Abuse
Price will retrace after sudden surge & it looks like it may retrace to 38% from its swing high.. RM1.42 then later shoot up again if the good news can overwhelm the profit taking.