Tomorrow index will test 1800, volume will be thin ...FRIDAY! Be cautious all market are consolidating...including KLCI. Another external factor to consider is Greece debt. Yesterday pay back only 200m euros n an extension to next wee 12 May k for another balance 750mUS (Total 1billion debt to pay in May) failing which?... So be careful, trade at own risk! Another cheap sale coming our way!!!
8 buy at 36s for 1.67m which translate to 200k per buy.... I think the syndicate is blocking so that you guys have to dump at lower price...trade with cautious!
Guys please read the report n No Contra please... Market still consolidating.be cautious.
Since hitting YTD high of 1867.5 on 27 Apr, KLCI had retraced 3.3% or 62.4 pts to 1805.1 yesterday. Although there is still room to fall and market may trap in sideways consolidations for a while (unless staging a decisive breakout above 200-d SMA near 1817 again) given the uncertain external outlook and the lack of local fresh catalysts, we may witness potential sound supports near 1793 (100-d SMA) levels, supported by the formation of recent hammer and ladder candlesticks, grossly oversold slow stochastic and ahead of the tabling of 11th Malaysian Plan in Parliament on 21 May.
if you think that this is a potential company , than you can continue keep it , it shall be growing after few year , RM 400 most rugi still 400, if share keep on cut lost forever will lost
Go to other counters will be worse as other people had already harvested their fruits then only v r going there to start planting our fruit trees!!! Hahaha.......not wise!!! Trade at own risk.
Since our fruits r good v cannot simply sell cheap cheap. Therefore v have to wait for good price only then v will start selling..................:) .Trade at own risk.
Vinvin it is worth thinking abt others comment/opinion.share market is a merciless place.we are playing a zero sum game.against people who have good brain.they think fast n act fast.Our gain is others loss.n vice versa.the real winners are the broker house n g't.as for me a good counter is one that gives me some pocket money.a counter that does not go down but oso not up is of no meaning to me.
Normaly they got 2 senario in this issue , 1 negatif and 2 positif. Negatif is where they dont have or dont buy the counter or they loss with this counter or push down price bcos want to buy. Positif is they buy dan want to push up bcos want to sell or they stuck with this counter bcos buy high. What ever it is i think bio is strong. Monitor also wintoni and kanger.
looks like the operator is not present today to push up the price.. see the buying & selling volume.. mostly are retail buyers & sellers.. average buy/sell volume less than 100K.. hope I m wrong.. trade with caution..
so all fellow retail buyers.. please hold on tight to your shares for those who buy high from letting the price go down lower to 0.340 - 0.350 for these merciless operator to buy then push up to 0.360 to 0.365..
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Kamaru BahariBakar
267 posts
Posted by Kamaru BahariBakar > 2015-05-07 17:40 | Report Abuse
Index will take breather tommorrow.Strong support is at 1800 pts, Otherwise the Market will crash until 1757 pts. anybody agree?