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Yuuzoo Corp - The Rise
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Aberdeen123
Senior |
06-Jun-2013 10:52
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Be careful,pennies could be the next in line to have major corrections for all you know. | ||||
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Aberdeen123
Senior |
06-Jun-2013 10:49
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Since you are not vested.Isnt it smart to buy low and sell high,no? No announcement soon plus  poor market sentiment wld see price weakening further. Looking at low 80 or below,depending....
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terencee
Master |
05-Jun-2013 16:21
Yells: "I don't entertain trolls." |
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Hang on tight! It's a rough ride not for contra. Pennies rally haven't seriously started yet. We don't see much rally at all this week compare to the rally for index related counters and mid caps.
Problem is mid cap rallied too much that pennies might be forgotten. Overall, the support is there for 86. Next will be 83 then 81. After that, 72. I've been chasing this counter for months. Lol.. Nv earn much though. But at times it is so stressful to even try to break even or lose comms. Just don't assume EGM will come. It might not cos can we seriously trust what they said in AGM? Not leading people to buy or sell contel. But just want everyone to know what they should expect and know about contel. Cos in the end, its the BB cashing out the money from your pocket. Not mine cos I ain't vested in this yet. I can't find a good entry price with so much selling pressure. Maybe 86 can queue a few lots more for me.
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Aberdeen123
Senior |
05-Jun-2013 15:07
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Pennies have not corrected much as compared to the broader market.Play safe exit first or reduce your holdings.
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newbieliu
Member |
05-Jun-2013 14:59
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Although there is a push to pull down the price for upcoming rise, you can see the volume to sell is little. Most are holding, at least I am for the hope that it will surge during ECM. | ||||
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terencee
Master |
05-Jun-2013 14:48
Yells: "I don't entertain trolls." |
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Lol... This is what I mean when I say pennies can't use TA. Anyone saw the selling coming?
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Aberdeen123
Senior |
05-Jun-2013 14:18
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Exit all pennies.Run quick, | ||||
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terencee
Master |
05-Jun-2013 09:10
Yells: "I don't entertain trolls." |
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I'm using intra day to gauge entry to spot huge buy ups. Together with boilinger bands, you should be able to gauge your exit and re-entry again too.    Currently I can't stay Contel isn't bullish. But I would like to emphasize more on BB manipulating the queues so they can buy more at a lower price before the news comes out. Then they sell after news is out. It has always been this way.    The charts during the accidental sell down didn't indicate any cut loss but it did triggered more retailers' stop loss and selling went into strength. Thats why took Contel some time to go bullish again.    
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clickshop1628
Veteran |
05-Jun-2013 08:05
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Thanks for the inside info.  Just wanted to say everything, including that " cock-up" by the broker, are there in the " footprint" of the charts. If a bullish pattern suddenly turned bearish(due to accident or news, etc), then the charts will indicate a sell or cut loss. Since there were too much overhang after that " cock-up" , it will probably take some time to turn bullish again and you can see that in the chart as well. Conversely, if a bearish pattern turned bullish, then it is a buy. All this can be seen on the charts but it takes practice to see it. One more thing, it is not enough to look at daily charts, you need to see the intra-day - 5m,30m, 60m or whatever chart to see the real intention early. Catch it early, it is all in the charts. Anyway, just sharing. Not sure if you get what I mean but don't give up on TA
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terencee
Master |
04-Jun-2013 23:35
Yells: "I don't entertain trolls." |
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Lets hope so. There seemed to be a squeeze at 88/89 today. More buying than selling from the volume traded today.
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Tomique
Master |
04-Jun-2013 22:47
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Tomorrow Contel may shoot above 9.5 cents.   If it could test 10 cents, it might stay above there, otherwise ding dong around 93/94 before EGM announcement.
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Huatahearnmoney
Senior |
04-Jun-2013 21:39
Yells: "Rich is ruthless, share the wealth ,share your insider news!" |
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That Mini BB accumulated at 72.. U dunno nia... Lol dunno den ask la.. |
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terencee
Master |
04-Jun-2013 21:37
Yells: "I don't entertain trolls." |
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What I can tell you is he was suppose to distribute first cos accumulated too much and tied down fire power. First distribute then buy all back to push price up suddenly. That was the initial plan when the charts was bullish with a 1 bid gap up from the previous closing. I forgot which day but I know that once that 5k lots are out, it dipped 2 bids instantly and shortists all entered. Took 1 week for contel to digest those shorts, accident selldown and stop loss from other retailers.    It wasn't in the plan to sell down for us during a bullish, we just wanted to distribute and buy up again for retailers to be attracted. Just needed the volume for that period of trading time only. Seriously was a mistake to turn the charts bearish from bullish within 10 minutes of opening. That's why I don't trust charts too much. I only chart my entry and and exit if i got the time to stay in front of PC.  
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mlfbac
Veteran |
04-Jun-2013 21:08
Yells: "Make Life Fun But Always Considerate" |
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aiyo simi steady..machiam like cut loss..  drop pants run...lol  
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clickshop1628
Veteran |
04-Jun-2013 19:28
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I think otherwise. The chart tells us everything that happens to price and volume and allows us to see the " footprints" of the market. The dumping of 5k will be also part of the " footprint" lah. If he guy dumps the stock, it will become part of the chart as well and the chart will tell the story. You then can study whether the market can take this hit or not by looking at the price and volume actions later. It is not a science but an art and takes practice. It is not perfect but it is better than trading blind. I am no expert but I know charts can be used for any security as long as the security is not thinly traded.  Volume Spread Analysis (VSA) is a kind of technical analysis that may be helpful in tracking penny stocks.
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Huatahearnmoney
Senior |
04-Jun-2013 19:27
Yells: "Rich is ruthless, share the wealth ,share your insider news!" |
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Wa piang eh... Such mini bb so steady ah, one shot 5k lots out? Steady leh him... Intro leh ^^ haha
If i am not wrong... He still got 8k left... Wonder if he is joining others in the recent accumulation... Anycase, huat ah people!
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Tlc8888
Member |
04-Jun-2013 13:02
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FEAR [ Forget Everything And Rise] or [Face Everything And Rise] NOT - Long term will be bright. |
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louis_leecs
Elite |
04-Jun-2013 13:00
Yells: "half cash" |
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When and how much the price she dump ? | ||||
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terencee
Master |
04-Jun-2013 11:59
Yells: "I don't entertain trolls." |
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No offence either. I experienced it first hand in Contel. Someone I knew was suppose to distribute Contel out. But his broker thought to dump. Ended up his broker dumped 5k lots out and sank Contel's bullishness. Its a mistake we all learn. And I thought Contel all the while can be traded using charts.   Its just my experience sharing. Pennies are too manipulated to even use charts to chart the trend cos trends may change any moment cos they are cheap. Well, you might be the wiser one if I'm wrong then.   Cheers.  
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clickshop1628
Veteran |
04-Jun-2013 11:41
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No offence, but the way you say it, you don't understand chart reading. Technical analysis works as long as there is liquidity in the stock - don't care blue chip or sh#t chip lah. Anyway, this is not the first time someone says penny stocks cannot trade using charting 
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