Cornerstone shareholders can't wait to sell. Many of them have to sell as the stock is trading below 20percent thresholds when they sell I think 1.20 is possible.
i see people become panic...what is your standpoint when bought this counter? is it a good company with prospective outlook? even now, any negative new released? For me, i see good opportunity to do cost averaging ...this price not yet reach the bottom...i am ready to chip in that time..then huge gains lie ahead !!!!
best stop loss of the month.....Highlights / Stock Picks of the Day - Icon Offshore Berhad (ICON) – Stopped-loss.. Publish date: Fri, 19 Sep 12:06
Recall that we had previously issued a Trading Buy on ICON on 8th August, with a protective stop loss at RM1.73. As of yesterday, the share price has breached our protective stop-loss, declining by 6.0 sen to RM1.66. Chart-wise, there appears to be a black ‘Marubozu’ candlestick, confirming the bearish downtrend. Key indicators are also pointing south as the MACD is below the Signal Line, while RSI and Stochastics are heading below oversold levels. As such, we are closing our position on ICON at RM1.66.
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Posted by myshare > 2014-09-28 17:48 | Report Abuse
Memang ramai yg kena ngan this counter...