An evening star candle is when the candle is isolated from previous uptrend candle. And it takes place today. Its all over. Big gostan monday followed by downtrend.
Brief knee jerk to downside for a while and then recover because ALL TECH STOCKS HAVE REACHED CHEAP AND ATTRACTIVE VALUATION.
Russian and Ukrainian FOREIGN MINISTERS are meeting in Turkey. Negotiation is elevated to higher level because SOLUTION IS WITHIN SIGHT.
OIL TRADES AND OIL STOCK TRADES will suffer STEEP LOSSES. TECH STOCKS TRADES will enjoy STEEP GAINS.
Because you trade AHEAD OF TIME, not the present time.
BUY THE DIP AND HOLD. Mar 9, 2022 11:01 AM | Report Abuse
Sold all. Technical rebound only. You stay you die.
I forgot to tell y'all. 50 day mvg avg staged a DEAD CROSS of its 200 day mvg avg on 27jan. Its 50 day mvg avg staged another DEAD CROSS of its 400 day mvg avg on 04mar.
DOUBLE DEAD CROSSES. Mati 2 kali. Its in a LONG TERM BEAR MARKET towards 1.70.
rr88, I am a person with no investing knowledge. When I read your past post and seeing your effort in producing TA, I decided to trust you. On March 8, 2022, I initially bought some shares because you were buying it as I believe in your TA calculation. When you suddenly ask people to sell all, I too sell all because I also believe in your TA calculation.
And since then you have been asking people to sell which lays fears in me that what you say may be true.
Only when I see uptrend 2 weeks back that I decide to buy a bit when you are still promoting that Greatech share will drop. Now look at the price.
I hope newcomers will learn from my experience. rr88 is by no means a bad sifu. You must understand that he is a short term trader and thus will be very fast in knowing the changes in the market in the short term. What rr88 said just now is also true. What he actually mean is that for those who is going to buy this share, you may want to wait for the market condition on Monday condition first before going in. Don't rush in to buy as Greatec has been up for a few days and there may be a chance it may drop. Unless IF the company suddenly got bad reputation like what happen to ATAIMS or suddenly government announce lockdown, I dont think it will drop drastically as this is a fundamental stable stock (not those you easily goreng).
To rr88, I will still listen to you for your future stock recommendation. To those attacking rr88, I hope that you would stop as I believe his intention is good as he is trying his best to help new investor to make informed decision. There are those outside that promote people to buy just to scam them back.
The above comment is just my opinion and please take it with a grain of salt (huge one if necessary).
Intention is nothing in comparison to the effect of an action. No matter how good the intention, watch your words and what you may cause to others. I don't like to hate on people, but what happened to you is a perfect reason why rr should me more reserved than to going around giving confirmation about what will happen in the future.
Future is never certain, and there bound to be gullible people that follow blindly and make poor decision by intepreting wrongly. Someone with knowledge and good intention should do and say things that helps, not potentially sending people to extreme swing destinations without context.
Usually a person who is that confident with such bold prediction is either a time traveller or a malicious troll. Maybe I am wrong, he is a time-traveller with good intention. I will sell all my Greatech first thing in the morning. :)
@soon2795 you're free to listen to any advises on i3, but keep in mind that none of us here are vetted. For instance I may be a factory worker in Topglove, a homeless person on Petaling Street, or a call gal in Kajang. It's an anonymous forum after all.
Blacklisted i3 user: (Avoid at all cost) Mikecyc is a popular short-seller and he has a large corporate account with most IBs. He shorts mid-cap stocks with high retail interest. He likes to IDSS and spread bad news as short-selling is his only income. If you have the capital, buy more so he can get margin called.
Haha @Mikecyc got margin called in Greatech a few days ago. No wonder Greatech rebounded so much. Next time do more research before you try to short-sell or IDSS
No one likes you on i3, Mikecyc. People hate reading your comments, you are the reason why i3investor is toxic and no one takes this forum seriously. Please watch your own manners and adhere to basic etiquettes. If you wanna short a stock, come up with a good thesis instead of attacking people all day. I am not supporting anyone on this forum but you are the bane of everyone's existence. May God bless your sins
This fella is a sophisticated investor with access to corporate trading account. Can short-sell during the IDSS ban. Can RSS and hold short positions for a longer time with bigger margin borrowings
Trading Notebook: Chinese companies are expected to report their earnings before the deadline 31 March 2022. A lot of property companies could get delisted if failed to comply with regulations. Good luck
First 4 cents of 40++ cent drop. Grossly overbought. It has been overbought since 4.00. In fact all across tech stocks are grossly overbought. Everything will come down now. Cut loss now b4 yr pain becomes unbearable. It will drop below 4.00.
rr88 cut loss? more like taking profits, some form of correction is due, long term investors are willing to see past this, probably take some profit from the extra purchases @2.8.
Unless I am missing something, looks like a pretty mild correction in the morning. If there is a sharp price drop in the afternoon while the company's fundamental remains unchanged, I may consider accumulating instead of cutting loss.
@investmalaysia - no one dare to buy is a way of looking at it. Lack of interest from the market, and those interested had already bought enough and are waiting for long term gains can be the other perspective. Not everyone trades full time and only want to get profit from swings.
I wish for long term gains, but wont be deterred by short term dips as well because I'm prepared. Not wishing for the dips of course, but I'll be ready to buy more. Don't want to speak for other people, but I think bang miskin is on a similar boat.
@Monetary yeap definitely, trade with spare cash. I will not sell everything in Greatech until at least when their growth stagnated for some time, or something adverse happened to the management/business.
@investmalaysia618 lol I am not wishing for the price to go down since I hold a substantial stake in Greatech. But if prices are down (like rr88 predicted) and there is no change in the company's or industry's fundamentals, I think it is a good buy. Since this industry has a decent growth prospect in medium and long term, why worry about temporary dip in price? Also nobody buys glove counters? On the contrary quite a few people are quietly accumulating them. Nobody's gorenging doesn't mean nobody's buying.
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Posted by investmalaysia618 > 2022-03-25 12:07 | Report Abuse
sold first. bye bye