zu1967: I also didn't buy bro, saw the perfect TA analysis by butter_will_fly.
butter_will_fly post: 25/2 formed a doji. 26/2 price closed @ 0.74, which is above SMA20 with 35.8M volume. Might be a reversal sign. Support @ 0.64 and resistance @ 0.78.
butter_will_fly: U r great. Next time FA all the finnce experts can help u out and TA u tolong lah. Will be great in disseminating the perfect picture on stock movement.
pop8872-I am not sure. But i have seen there were quite some huge orders coming in at 1.02. But now the price is even lower. No idea what's the play now.
Just check on knm. If based on charting analysis and TA study, then technically today should be in green zone. But don't know where is the selling forces come in the morning. I got no more bullets left, or else I will whack on knm now. The price is attracting my attention. Anyway, hope it can bounce back later so that u all can make good money la ya. :)
Got to go ady. Busy. Good luck to u all in profit hunting. :)
Bro swingtrader. Hello. How ur work? Hihi. U should come back stock market la. Wasted ur talent. Hehe.. By the way, knm charting looks not bad actually. Hope u make good money also la ya. Got to go ady. Happay trading all. :)
Richmond168. Not bad with marketing works. Actually should buy knm yesterday morning. Just too busy. Looked at the chart on tuesday. So beautiful. It went down with long tail. When we have this kind of chart .technically can make money on the following day. Really missed the opportunity
sephiroth post: Water-related stocks were again in the limelight, after news emerged that the Selangor state government and federal policy makers have signed a MOU to restructure the Klang Valley water sector. In particular, SALCON surged 4.5 sen to close at 74 sen on high volume. Chart-wise, the stock has broken out of a “Falling Wedge” pattern to signal a resumption of its prior uptrend. The MACD is also beginning to show signs of bullish convergence and this reflects the increase in buying momentum. Based on the chart pattern, SALCON could potentially commence a rally towards 99 sen. Traders looking to buy into the stock should target 3 bids below this level at 97.5 sen, with a stop-loss placed 3 bids below the 63 sen multi-month support at 61.5 sen.
unless some guys have deep pockets,otherwise wait for uptrend pennies..the smallcap/pennies market are full of "bulltraps and beartraps" and be aware of "catching a falling blade".
If loss making,THH and Salcon good for keeps because they have great potentials. I'll at most punt KNM in contra mode.
Bro changlk03,all penny stocks/smallcaps will be under selling pressure these few days. Hopefully KNM & Salcon can have intra-day rebound this afternoon. That's what I think.
as I see it,we (as minority/retail/small traders)cannot change any scenario...so I would GO WITH THE TREND...jump in when they move UP with volumes.(with the hope that it is not a one day thing again)
But always keep the following in mind :- !st Day UP=GENIUS 2nd Day UP=SLOW 3rd Day UP= FOOL
Also,when to sell is important !
The above are just some ideas gained through losing. Good luck
The 1st day when the stock (you target) starts to move and you jump in.
2nd day...is the next day when the stock continues to move up (a slow punter only decides to jump in)and so forth.
What it means/or trying to imply....we have to decide and get in the moving stock FAST.
eg When you guys start to buy salcon...I didn't come to this thread but luckily I did'nt buy 2 days later (3rd day of uptrend)If I did,then I would be foolish!!
Is this ok?Changlk03
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What say you, bro & sis ?