Only one day in good profit. Still same like last quarter average. Hard to go on above 1600 level. 1580 was a breakout level. It indeed breakout to 1604 but return back again 1564.
Aiya, you again ah.. 1564 is futures la. Lme is 1589. It will drop back to 1575 before go back n stay above 1600 in fact. Read the chart la. We buy n sell pmetal not becos 1 or 2 days of up n down of aluminum price.
After 9 consecutive days price go up. Down 1/2 day is normal. My 100 lots not sell even 1 lot. Tomorrow 1500 in my pocket. The first gain. The 2nd will be 5.00 every unit..
Don't worry Pmetal company sure can give us three months ' Ang Pau ' and ' Bonus ' by next year . Buy now because the current shares prices still consider cheap . Aluminium prices will break usd 1600 very soon .
Price already stagnant at 1580. 1554 trigger the bear alarm. 1200 still possible. It cannot be below 1200 level. Never. Therefore most minimum pmetal price can go is 1.00 and 0.81.
However Primary aluminum producer Century Aluminum rebound strongly to close at 7.82 from the lowest 7.21 at the early of trading. Gain of more than 4%. See how pmetal go..
Daily mild profit taking is quite normal . Need some ' breath ' first then only continue the journey . This time its will be a ' non stop journey ' . Anyway TP prices will be around RM 2.50/= . This is my personal view only .
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....
Jingweihan
1,605 posts
Posted by Jingweihan > 2016-03-09 10:24 | Report Abuse
Waiting....