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the best is all chiong together, then this one will be even fierce...
If mermaid refuse to do the correction today,it will go up to 70 cents in a short while .
Mermaid is chionging while others are dropping
Hi , Raymondho, u can find out more from those investment books which teach u everything in the stock market ,but do your homework or practise before going into the real situation.
Bro Bintang
Thanks a lot, your answer to my doubt in Candlesticks analysis wonderful!
But to the prediction of target price 70 cents, where you get the 23.67% from? Fibo retreat ? or ....?
Hope to learn up this ...
$0.19+($2.36-$0.19)x23.67%=$0.70 ,$0.19=lowest price ,$2.36=highest price
Hi all,
Please share how you guys reach this target price of $0.70 ? 315 days MA resistance ? Thanks.
It became very strong when it overcame the DOJI , n in fact we must increase long position if we have confident n belief in this counter,by the way just hold on n wait for further indications do not react recklessly ,it is a good stock worth to keep for long term.
Hi! Bintang,
I do agree with you it will reach up to 0.70 in the near future. But two days ago (May 11) the candlestick chart showed a clear downtrend Doji, it should drop on the next day, but finally it did'nt drop but reversed up to 0.46 and today even goes higher to 0.565. Would you please comment on it if you have seen that happened and still believe it kept on upswing?
Ye, I finally hold it in hand when friends told me it's still go up. Veste 0.43 and 0.46.
Cheers!
this baby move up quite a lot today... hope it continue to cheong cheong cheong...
believe me n hold on ,it will go to 70 cents .
Good progress and high volume today but I failed to average up at 0.45. It can't seem to break thru 0.54 ?
Thanks folks, can reveal how you guys deduce the price? Thanks. I only know simple TA indicators point to uptrend.
70 cents in short term
i am no guru, but speculator, but i thk this one is worth 65C...vested..
aircraft ( Date: 12-May-2009 11:10) Posted:
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Price reached highest since last Oct.,can any Guru can help to check the next resistance ? Is it 0.54 ? Thanks.
MERMAID MARITIME PUBLIC COMPANY LIMITED
Financial Statements and Dividend Announcement for the Year Ended 30 September 2008
Net profit for the year (Baht’000) $1,162,057 +117.9%
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_F01835FB4F54BAB348257506004523A1/$file/Mermaid_FinancialReport_FY_2008_19112008.pdf?openelement
This week will be mermaid week.... I noticed last week when all counters are in RED,,,,, This SHIP have support to buy in 2000 lots at 0.31 and also armstrong counter too.. will see a uptrend very soon... Just watch,..
Cheers
IPO is 1.50
the whole week trading at around 30 cents
thin volume
trading gap is big
wat is the prospect for this stock?
kindly advice