Hepitrade, am using excel to do the filtering. Can even calculate all the TA figures given historical data + formula. similar to tradesignum but it's customised by myself. hehe
bro psd57, thanks for your FA. mayb it will rebound first then turn south to 1.12? hehehe...
Bro swingtrader, so what's your TP view on mon/tue? I m thinking about 1.43.
Richmond168. There is no indication that iris will reverse its downtrend. If i am buying iris at presence of time. I will be a gambler as my chance to win the game is 50:50. Despite reporting good financial report, iris failed to perform. It shows that the good results has been factored in the current market price. The high volume on last friday shows that iris will have good support at 50 cents. Breaking 50 cents level, iris hardcore supporter will need to sell their underware to support the price. Any technical rebound will not last long. Iris requires more good news to continue its journey upward. To break 60 cents will not be an easy task anymore. Its recent price increased is actually speculative play rather than fundamental. Its new venture in property development is not yet proven to be good to the company.
Bro swingtrader. Sorry for late reply ah bro. I went out drink tea with my friends, hehe.. May be I think too much liao, study the case just now and suddenly got something flash into my mind. U are right bro. Current market price has factored into the news, and price also cannot sustain. With less than 1.5 cent eps is really low, and on top of that, warrants have not factor into the no. of shares. If the price goes below 0.50, then we really can wait to buy back at 0.40-0.45 or even below 0.40, who knows. Hehe.. By the way, about the new venture in property development. My cousin brother who is working in Singapore as a construction site management did mentioned to me before. He told me cement built units has establish very long time ago. Is not a new technology. Even some of the construction site in Singapore also working with that, because of lower in cost. But if they charge very low revenue because of lower cost, I also don't know how they can generate good profit for their fye for the following years. Is still a question mark, no proven record like what u said. :)
Bro menna. U are welcome and u are right bro. If downtrend, just sit down makan keropok and wait first. Then can buy cheap. Hehe. :)
Good morning: Mike bro wrorte about market situation in other forum. FYI
I3investors kaki flag Mar 1, 2014 09:52 PM | Report Abuse
CT. still looking/reading chart at this hour. think you've make enough the past 6/7weeks. time to take it easy for the next 3/5 weeks and wait for the dust to settle down before entering.in most of the forum; people asking whether to cut losses or not coming monday. is bursa that bad? I don't think so,likely most retailers/investors very over bought oneself thinking can make easy money and have forgotten that they had excess their credit limit. their gain for the past month being wipeout and own losses accumulated. look see look see first next week, hope klci can break above 1842 and march towards 1850.CT, my view only and good luck to you.
hepi: both r old news bro ( TH and Salcon). I see hw D'sonic ('stock without brakes') on Monday, if uptrend still maintained with all this hype, I will buy again for intra day trade. Got to go for lunch. Join later.
Salcon 28/02/2014 0.715 0.69 - 0.715 0.705 -0.01 (1.40%) 4,831,800 27/02/2014 0.725 0.705 - 0.73 0.715 -0.025 (3.38%) 10,694,100 26/02/2014 0.695 0.695 - 0.755 0.74 +0.045 (6.47%) 34,879,900 25/02/2014 0.71 0.685 - 0.71 0.695 -0.015 (2.11%) 2,527,200 24/02/2014 0.71 0.70 - 0.715 0.71 +0.015 (2.16%) 10,125,600 Revenue for 2013 RM162 Mil. 2014. MGMT forsees losses from construction division. Profit recorded for the the past2 years from discontinued operation.2 new Contracts reported in the edge amounting to RM22 Mil in total.
swingtrader. no news . stockist holding plenty @ 0.1308 need a push to come out. only strong holders on this counter will benefit.next week will move.good luck
Swingtrader... if 26feb.. +0.045c vol increase.. is good sign if uptrend.. the highest vol But then next day 27 & 28feb vol decrease so as the price also drop... So u are telling me tat vol decrease (less seller) but the price drop? Erm not really get u .. : D
changlk, how to see T3 & T4? i used to count on my own day by day but i think there shud be appropriate way.. hehe
swingtrader, sorry foolish questions again.. hehe.. why margin players choose to dump next week(mon) but no the next day leh 27th? before that i thought those player wanna let small fish to jump in then push up(goreng) the price- set up trap. then they dumb all in huge amount.. ??? tq
Hepi. See the volume 35 mil at higher price on 26th. On 27th and 28th total volume 15mil only. How about the balance of 20 mil holding at high price assuming that daily contra players negligble. He he. Normally majority start to throw early in the morning. The balance after lunch. If no support, it will be bleeding.
Bro swingtrader explained well. Wait till after 3.30pm for carnival sales. Come to think of it, kinda good timing, first T+3 for Wed high price, second announcement of delay of sales of company from 1 March to 30 April.. Double whammy.
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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....
Posted by hepitrade > 2014-01-02 18:04 | Report Abuse
What say you, bro & sis ?