
Accumulation for Xpress right now! Take note that buyers keep coming out to buy at 0.068, 0.069, 0.07. Buy! Buy! Buy!
Next big run will be Eastgate Tech I think! I believe it should be on the top 30 volumn within this week! Let's see!
crazy...crazy...some of the penny stock siao leow....those never move penny stock CEO ,DIRECTOR.CHAIRMAN,KEY PERSONALS..i think is the time for them to resign...haha..never create opportunity for the share holder unlock value...PROXY FORM ALL AGAIN AND SEND BACK TO THEM....
An even bigger mountain of sell queue at 0.095 for Healthway! Buy!
Bro, did you see mountain sell queue for Healthway at 0.093? Can try buy a bit!
Watch out for Qingmei. I think it is trying to build a base at current price. When you look at the chart of Qingmei and china Taisan, they look similar. Both reached their low support and stays there. I did not look at the chart of other China stocks. If they have similar patterns, then I am thinking whether China play is on the card.
Thanks rotijai for sharing. Me too like you loss enough to learn. But I think the probability is there. Take for instance Yoma. Like many punters, I bought this Myanmar related stocks hoping that it will fly again. I matched last week at $0.62 in the morning and it went down once market open. For the next few days, I saw that small flies buy up, and sell down are mostly big lots. It cheated many punters when it suddenly move up but was sold down again once reached 0.615. Even at 0.61, 0.605 or 0.60, the sell down is big lots whereas small flies like us buy up. I can sense that it is losing steam. So I sold them away last Friday at 0.60 before market close. Loss money but it's ok. I don't want to take a risk. I can make back the losses next time. Stock market sometimes is like betting football. When many people think it will go up, then it is likely to go down. When you re very scared to go in, then it moves up.
Its good to learn from other experience traders so that we can make more and lose less.
We see red everywere now. Hopefully tomorrow our market won't be too affected by the red.
sifu, u arent wrong in this analysis but be mindful..
such scenario/styles arent 100% accurate and they dont happen all the time..
i never really look at pennies but as least i lose enough $ to tell u tat it doesnt happen to non-pennies all the time
just my 2 cents :)
Stockcham ( Date: 23-Apr-2012 14:07) Posted:
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Nice Nice
J16 (JEL Corp^) | |||||
WEIGHTED AVG PRICE : 0.0677 | LAST DONE PRICE : 0.072 | ||||
SPREAD/PRICE RATIO : 0.0139 | AVG TRADE SIZE : 127.215 | ||||
Last | Trades | Vol | BuyVol | Mid | SellVol |
0.055 | 33 | 3,830 | 3,830 | 0 | 0 |
0.056 | 98 | 11,488 | 4,240 | 0 | 7,248 |
0.057 | 48 | 5,875 | 1,670 | 0 | 4,205 |
0.058 | 47 | 5,762 | 662 | 0 | 5,100 |
0.059 | 13 | 4,840 | 0 | 0 | 4,840 |
0.06 | 36 | 3,645 | 760 | 0 | 2,885 |
0.061 | 53 | 7,008 | 249 | 0 | 6,759 |
0.062 | 34 | 3,251 | 1,420 | 0 | 1,831 |
0.063 | 81 | 8,662 | 4,554 | 0 | 4,108 |
0.064 | 65 | 6,166 | 2,130 | 390 | 3,646 |
0.065 | 93 | 10,606 | 7,993 | 0 | 2,613 |
0.066 | 290 | 31,611 | 17,720 | 0 | 13,891 |
0.067 | 294 | 28,230 | 8,168 | 1,297 | 18,765 |
0.068 | 266 | 40,046 | 13,799 | 0 | 26,247 |
0.069 | 226 | 36,125 | 21,949 | 0 | 14,176 |
0.07 | 486 | 67,676 | 25,826 | 0 | 41,850 |
0.071 | 527 | 67,818 | 17,044 | 0 | 50,774 |
0.072 | 193 | 23,906 | 9,572 | 7,013 | 7,321 |
0.073 | 98 | 13,196 | 7,028 | 0 | 6,168 |
0.074 | 8 | 505 | 0 | 0 | 505 |
TOTAL | 2,989 | 380,246 | 148,614 | 8,700 | 222,932 |
Bros & Sis, did you see JEL at $0.07 buyers keep coming in?. At this price, amny would not dare to go in. I see that as accumulation again. I guess it will be able to cross $0.072 and move towards $0.08 later. Just my guess!
Then you should be knowing the stock well inorder to trade in it seller come from hunter hall who is diversify all their share on qingmei. and also those fear from the small share holder after the annoucement from the profit warning, and buyer come from those who think it is really a bargain buy after such huge drop.
Stockcham ( Date: 22-Apr-2012 23:28) Posted:
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Nowadays with algorithm trading, a large proportion of the trades are machine generated in response to other trades. So I'm not sure if volume is a good indicator of anything at all now.
Bros & sis, take note of Qingmei. Drop for so many days with low volumn. Suddenly with 10000 over lots traded. Where does the buyers and sellers come from?. BBs in this stocks now?. Just my thoughts!
Hi Kensonic, beware. Your thoughts is what most people think. I am referring to extremely high buy or sell volumn. Those extremely buy or sell volumn is place by the BBs themselves. You sell extreme high queue volumn, the BBs place it there so that peoples will throw at the buy price thinking that it is hard to cross the mountain. The BBs then buy them. Of course we must be able to see constant buyers(big buy and not those 10-20 lots) coming out. They accumulate this way. When you see extreme buy queue volumn, like what you said, people has to buy at sell price. You will see constant sellers coming out to sell. This is how the BBs offload their stocks. When they have offload enough, they will remove the extreme buy queue or break the buy mountain queue. The price will slide then.
Buy Volume and Sell Volume always very tricky.
Sometime, the Sell Volume is very high and waiting for BBs to come along to buy up
Sometime, the Buy Volume is very high and small retail investor has no chance to buy. The only choice is to buy-up from the Sell Volume. When Buy Volume is high, it could be BBs want to block it.
So don't play play hor...
I'm using POEMS. I can only see the normal buy and sell queue but not those sell queue after that. But I think it is sufficient. The price nomally stops for a while when you can see extreme big mountain of sell or buy queue. I think you may have to pay to see other queues. I like to choose stocks which has extreme big mountain of sell queue, and with constant buyers coming in when punters throw at buy price. If you have money to keep, then can buy immediately. if you are contra player, better wait for the mountain to clear and go in immediately at the next higher price.
Does normal trading platform allows one to see the buy and sell Q? or we need to actually pay additional fees to gain access of the buy and sell Q. I'm using normal cimb trading account.
Thanks
Technical Chart is useful as a guide on support and resistance. But when BBs is in the stocks, TA becomes secondary and S& D(Supply & demand) become primary pointer. If you are playing contras, search for stocks that hit new high. Chances that it will go higher. Look out at its normal buy sell queue volumn. If it has extreme volumns of sell queue for few days at a certain price, and there are still buyers at one bid lower everytime, then accumulation is taking place. E.g. is TT International. There 6000 over lots sell queue at 0.116 for the past 2-3 days and there is always takers at 0.113-0.115. This shows that accumulation is taking place. Another example is JEL. There was always about 15000-20000 lots of sell queue at 0.025 for the past few days. But when punters throw at 0.024, there were always a few thousands lots coming out to buy. This is accumulation. When you see this, take note and prepare to buy when these mountain sell queue is cleared. Take note of this. DO NOT AFRAID OF EXTREME BIG MOUNTAIN OF SELL QUEUE, BUT BEWARE OF EXTREME BIG MOUNTAIN OF BUY QUEUE!
Just to share!