Hi happytrading ,

Mermaid is in the downtrend because it has gone below the 200MA  , n the weekly RSI  is trending below 50 . This is also cofirmed by weekly DIs which have  already negatively placed . The downtrend is not good for short term ' long ' position , but it is a great opportunity to accumulate for long term investments when it hits  the rock bottom .

Bintang .

Hi Bintang,

Me too support you all the way! Your prediction on Mermaid is indeed very accurate, I've witnessed these few weeks although I did not choose this counter, missed. Even if your predictions are not that accurate, I think we all still thank you for analyzing for us, needs some effort, courage & confidence to do that.  I have benefitted from your postings especially on Hong Leong Asia, if not for your great knowledge on gaps, I would have lost a bomb now. Quickly switch direction and "saved" my capital, thanks!

Your advice came in just in the nick of time, we really need that because when we are in the trade, we may not think rationally. As my teacher says, we need to ask someone who are not in the trade, their advice will be more objective. When we do a trade wrongly, we normally will give ourselves excuses eventhough we feel it's wrong. So keep on going, we need you here.

Hi Bintang

Can share how and why that Mermaid is on a downtrend.

I am very keen on this counter 

Thanks! 

Hi alamakmummy  n  all friends in this forum , ,

Thank you for all your support n encouragement , I will keep on posting as long as you need .

Bintang .

Hi Bintang

Keep going, we know you've got substance.  I am one of those who 

have benefitted from your accurate posting.

Hi thulasiappan ,

Thanks for your posting . In fact I m here to share my views on any counter in terms of  TA . Most of the counters in the forum that I  commented were  requested by the forumers through PM . Instead of telling them privately , I decided to tell them openly  in order to share with everybody . Therefore , it may offend those who have different opinions or have  different positions . But as a charts  follower , I must tell the truth  n not to please any individual by telling the false . I hope the forumers here can understand .Thank you .

Bintang .

Hi Zenpal,

You are a newbie to this forum. You may not know who is Bintang. Why don't you check through his earlier posts and judge yourself whether he is misleading or helping others. 

For an example just go to Hong Leong Asia topic and read through Bintang's posts on May 27th and 28th, then you will understand his contribution to this forum.

He is one of the respectable forumer here. Many benefited because of his earlier warning. Hope you will understand.

Hi happytrading ,

Thank you for your supportive comments . It would be a good  buying opportunity if it could come down again to fill the gap at 46 cents n form the solid bottom .

Bintang .

Dont think you are misleading the investors.

In actual fact you are very chun, am sure

you have done your homework.

Care to share when is the best price for

entry?  Thanks!!!