Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME .
It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality.
Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME.
Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick .
FOR CHARTS, PLS VIEW OUR BLOG
http://chrissyconn.blogspot.com/
so, current is wave C with a target of 1.405 if same length as wave A !!! however, do note that wave C can also be 0.618 of wave A which then gives a TP of 1.185
Posted by connie > Nov 27, 2015 08:14 PM | Report Abuse X billy ... mine is as follows :- 1) a very big pullback till 0.46 bottom 2) wave A from 0.46 to 1.03 = length of 0.57 3) wave B pullback from 1.03 to 0.835 4) wave C say we use the same length as A; tp is 0.835 + 0.57 = 1.405 5) question now is of course the best entry level for each play !! today me did not go in cuz i saw -D on m60 ...
haizzz i can only screenshot connie but cannot see her real self. have a great weekend all,i m in cheewah but is too high risk i dun wan post here...bye.
1 thing we can test for sure DT's commitment : #1 Monday normal opening DIP NOT LOWER THAN ONE BID above to day's bottom (1.00) and should start (mon)Day's low 1.01 #2 and toward afternoon lift it to close high 1.11 for a 10cts gain.... # with a HIGHER volume (say 500-600K) than friday (333K)
".......today's candle not very nice looking ! shooting star ........" "....today me did not go in cuz i saw -D on m60 ..."
Agree with your stand ....but you can have insurance on monday morning...
if overseas market bearish influence or some unexpected world crisis, and our DThroat still holding FIRM above 1.00, you know you must act before the price change...
Good observation for ifca. But don't be overly confident as when the price gets higher, there will always be 2 main issues that need to take note:
1. Stale bull. Those that were caught earlier would definitely wanting to sell. The volume gets bigger with higher price which would means those players will have to get bigger funds.
2. Exit plan. What is the point of the players pushing it up and get caught themselves? What would be their exit plan? Unless there is a ready buyer that is willing to buy it at the peak. Normal people like you and me would definitely cut loss which means... those player would still be stuck with the share.
Anyway, based on my observation, the play is still at the beginning stage... well, I hope there are bo big hoo hah for the to continue their journey. Even if get caught at this level, it would not be long before they start playing again. CNY???!!! That is my half cents view nia. LOL!!!
sting ray...to asnmwer your question, i make a simple chart analysis for u
price ifca fall to 77c around....and bounce back to 80-85c maintain such lvl for around -2++ month....meaning support zone and changing of hand of the share olide done the process...now the bull tun from 80-85c rush to RM1 is just a first stage..However at the same time... the BIG BOY already past few month done their way of accumulation..
so question is ...Big guy will take profit of their load of volume just 10%...imposible...base on MM way....they have to push it higher more than 70% share price only they can offlift...if not just 10% gain and they try offlift, the vol of their hold will shake the share price and fall over to 40c....will they burn their hold....is hardly...So far in bursa all over i never saw such insane way of big guy move...
ofcourse previous holder might offlift...that is created resistance... but did u notice the volume play whole day of ifca? liekly hood for that to happen is very low....unless bad news hit..
so far resistance will have but my eye on ifca to hit 1.30 next week / next two week will happen....today ifca close in red -1 is good ....cos is complete the down wave....unsually this situation ifca will rally on monday...they style so far...i also play ifca long long ago since 40c...
so over all i no worried on ifca to fall...just to focus on what lvl of the topish will be...that the danger zone to cause mass pull back...that i need focus on...
Region, thanks for the reply. I know how those BIG BOYS play. This group typically is very gungho. I am not saying it is a good or bad bet. But an advise of caution so that hard earn money are not loss. As I have said, the play is still early and therefore the risk is lower. But at the same time, there is no sure money in the share market. For your info, I accumulated quite a lot below 90 cents and have offload about 70% of my holding when it hit 1.05, 1.06 and 1.07. I am waiting for entry but I need to have a more clearer view. No point of getting caugh as that would definitely spoil my day. Haha.
My next week collection will focus on this 2 counters. MIKROMB and JAKS. I am currently holdibg around 60k of MICROMB share and targetting 200k to hold. As for JAKS, I have none at the moment. Was watching it when it was trading around RM1.16 but decided on focusing on others first. Any comment on these 2 counters are highly appreciated. Thanks.
We are in the final month of 2015. Time flies..... Take this opportunity to materialize our long overdue's 2015 resolution. Spend quality time with loved one or two or three or many.
Although everyone busy with the stocks from A to Z and stock code 0001 to 9999.......... Promise healthy still under & ABOVE NO.1 priority. My online time will be lesser and lesser so I hope to come again.
Wishing everyone a wonderful December in 2015.........Enjoy and count every single meaningful X'mas day untilllllllllllll new Year!
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 Christine Goh > 2014-03-11 21:40 | Report Abuse
Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME . It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality. Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME. Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick . FOR CHARTS, PLS VIEW OUR BLOG http://chrissyconn.blogspot.com/