Sifu, i just realise u said cash is the king.. hold to buy in this critical time... for those who have money last two days really can get cheap sale... understood liao :D
psd57/changlk03-It should go higher. My short term TP is 0.68. Need to hold, I think. Will start impulse wave 2 if nothing goes wrong and will go higher in long term.
lollipopz-IRIS...hmm...At this price maybe 0.59/0.595? Might go higher. Better hit and run for IRIS once you got profit....will get heart attack sometimes.
lollipopz-I will take a look at DAYA chart tonight. Fundamental and technical wise, it isn't promising for short term, I think. Just hope that it has some dividend to attract more people to come in.
Anyway, small cap correction might not come to an end. Everyone should trade cautiously.
Many still don't realise the raging bull for Mac. You are missing the great returns, and like always only at the tail end many will jump in to buy only to be the last fools.
Ukraine crisis: Latest news and market reaction Buyout barons ride market to $2.6 billion payday. Markets rebound after Putin pulls troops; gold falls
UPDATE Putin ends army exercise, Russian markets rally. Amid geopolitical tension, US cushions energy prices. Strategist sees rational end to Ukraine showdown
changlk03 -Yo bro I requested that. Haha. Thanks. I need 2 standard deviation below SMA20. Is it possible? It's quite tricky actually because of the enormous calculation and you need at least 20 days data.
Yo bro butter, I have 20+ days data. So just need to do standard deviation calculations for 20 days of closing price. Then use today's closing see which one trading below 2 std deviation from SMA20?
hepi, I only use Chart Nexus to do fibo wor.. still learning other indicators.. Any book to recommend for TA?
swingtrader: DAYA - Not good. The last quarter (Q4'13) loss of Rm 15m, was DAYA's first ever quarterly loss since its IPO. Net Profit y-o-y for FY'13 fell by a whopping 83% to RM3.4m from RM 20.17m the previous year. PE based on the last trending price is a high 131x. It is not a good sign.
VERDICT: SELL OR STAY AWAY, UNTIL THE CO COME WITH A REASONALE EXPLANAION TO THE SHAREHOLDERS. WAS THIS SHARE PRICE ARTIFICIALLY PUSHED UP FOR OTHERS TO EXIT?? REMAINS A MYSTERY, KNOWING VERY WELL THE HIGH MARKET CAPITALISATION OF DAYA (1.23b shares)
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Posted by hepitrade > 2014-01-02 18:04 | Report Abuse
What say you, bro & sis ?