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1-10 of 10
Too high to buy now... Sad that this time I have missed to ride on this counter... :(
Hope you have bought it and realise your profit. :)
epliew ( Date: 03-Sep-2010 18:50) Posted:
how about now, 1.64 too high to enter ?
starry1818 ( Date: 27-Aug-2010 16:10) Posted:
Not able to monitor during this period when it falls to bet 1.40 and 1.46. :(
I'm actually waiting for it to drop to 1.48 before entering however, it didn't happen.
You are indeed a master. :) Thanks for the guidance. |
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how about now, 1.64 too high to enter ?
starry1818 ( Date: 27-Aug-2010 16:10) Posted:
Not able to monitor during this period when it falls to bet 1.40 and 1.46. :(
I'm actually waiting for it to drop to 1.48 before entering however, it didn't happen.
You are indeed a master. :) Thanks for the guidance.
alexchia01 ( Date: 27-Aug-2010 16:00) Posted:
On 16 Jul, Yangzijiang's MACD and Stochastic was high and in overbrought region. That is why I said it was too high to enter. $1.36 was its support level at that time and the best entry price, but unfortunately it did not fall to that level. Between 3 Aug and 11 Aug, Yangzijiang price falls due to market weakening condition. Although it's MACD was still high, but Stochastic falls to oversold region, that was a good entry price. You should have Buy on 12 Aug between $1.40 and $1.46. Now, Yangzijiang has established an uptrend channel with the low of $1.48 and high of $1.56. The next entry price is $1.48. Please note that you must make sure it does not break the trend channel before entering. That is price bounds off $1.48 and moves higher. If it falls below $1.48, that is breaking the trend channel and it could be a moving lower. Good luck.
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Not able to monitor during this period when it falls to bet 1.40 and 1.46. :(
I'm actually waiting for it to drop to 1.48 before entering however, it didn't happen.
You are indeed a master. :) Thanks for the guidance.
alexchia01 ( Date: 27-Aug-2010 16:00) Posted:
On 16 Jul, Yangzijiang's MACD and Stochastic was high and in overbrought region. That is why I said it was too high to enter. $1.36 was its support level at that time and the best entry price, but unfortunately it did not fall to that level. Between 3 Aug and 11 Aug, Yangzijiang price falls due to market weakening condition. Although it's MACD was still high, but Stochastic falls to oversold region, that was a good entry price. You should have Buy on 12 Aug between $1.40 and $1.46. Now, Yangzijiang has established an uptrend channel with the low of $1.48 and high of $1.56. The next entry price is $1.48. Please note that you must make sure it does not break the trend channel before entering. That is price bounds off $1.48 and moves higher. If it falls below $1.48, that is breaking the trend channel and it could be a moving lower. Good luck.
starry1818 ( Date: 27-Aug-2010 09:07) Posted:
Hi alexchia01, will it really come down to 1.36 given that it's a 0.16cents dropped from its current price of 1.52?
It will be good if this stock can droppd to 1.36 again. :) Thanks for the advice. |
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On 16 Jul, Yangzijiang's MACD and Stochastic was high and in overbrought region.
That is why I said it was too high to enter.
$1.36 was its support level at that time and the best entry price, but unfortunately it did not fall to that level.
Between 3 Aug and 11 Aug, Yangzijiang price falls due to market weakening condition.
Although it's MACD was still high, but Stochastic falls to oversold region, that was a good entry price.
You should have Buy on 12 Aug between $1.40 and $1.46.
Now, Yangzijiang has established an uptrend channel with the low of $1.48 and high of $1.56.
The next entry price is $1.48.
Please note that you must make sure it does not break the trend channel before entering.
That is price bounds off $1.48 and moves higher.
If it falls below $1.48, that is breaking the trend channel and it could be a moving lower.
Good luck.
starry1818 ( Date: 27-Aug-2010 09:07) Posted:
Hi alexchia01, will it really come down to 1.36 given that it's a 0.16cents dropped from its current price of 1.52?
It will be good if this stock can droppd to 1.36 again. :) Thanks for the advice.
alexchia01 ( Date: 16-Jul-2010 17:04) Posted:
To me Yangzijiang has gone up too high. 1. MACD has peak and could be reversing down soon. 2. Stochastic already in overbrought region and has a high chance of coming down. 3. RSI at 65%, also very high, not much room for up side. 4. Price is current at the high side of its trend channel. I won't Buy Yangzijiang now. If you like Yangzijaing, wait for it to come down to about $1.36. That is a better entry price. Good luck to you. |
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Before coming to $1.36, we should see how it follows to $1.42 first.
Hi alexchia01, will it really come down to 1.36 given that it's a 0.16cents dropped from its current price of 1.52?
It will be good if this stock can droppd to 1.36 again. :) Thanks for the advice.
alexchia01 ( Date: 16-Jul-2010 17:04) Posted:
To me Yangzijiang has gone up too high. 1. MACD has peak and could be reversing down soon. 2. Stochastic already in overbrought region and has a high chance of coming down. 3. RSI at 65%, also very high, not much room for up side. 4. Price is current at the high side of its trend channel. I won't Buy Yangzijiang now. If you like Yangzijaing, wait for it to come down to about $1.36. That is a better entry price. Good luck to you.
jojopost ( Date: 16-Jul-2010 16:51) Posted:
Hi !!! to Mr alexchia01
Need your adv - What say you?
Thanks.............
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Thank you Sir, well noted!
You have a great weekend!
alexchia01 ( Date: 16-Jul-2010 17:04) Posted:
To me Yangzijiang has gone up too high. 1. MACD has peak and could be reversing down soon. 2. Stochastic already in overbrought region and has a high chance of coming down. 3. RSI at 65%, also very high, not much room for up side. 4. Price is current at the high side of its trend channel. I won't Buy Yangzijiang now. If you like Yangzijaing, wait for it to come down to about $1.36. That is a better entry price. Good luck to you.
jojopost ( Date: 16-Jul-2010 16:51) Posted:
Hi !!! to Mr alexchia01
Need your adv - What say you?
Thanks.............
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To me Yangzijiang has gone up too high.
1. MACD has peak and could be reversing down soon.
2. Stochastic already in overbrought region and has a high chance of coming down.
3. RSI at 65%, also very high, not much room for up side.
4. Price is current at the high side of its trend channel.
I won't Buy Yangzijiang now.
If you like Yangzijaing, wait for it to come down to about $1.36. That is a better entry price.
Good luck to you.
jojopost ( Date: 16-Jul-2010 16:51) Posted:
Hi !!! to Mr alexchia01
Need your adv - What say you?
Thanks.............
ALPHAALLIANCE ( Date: 16-Jul-2010 16:07) Posted:
Seem like some activity going on , folks might like to take a look at this counter.
have setting. .. look like break out trade.. .. my view. |
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Hi !!! to Mr alexchia01
Need your adv - What say you?
Thanks.............
ALPHAALLIANCE ( Date: 16-Jul-2010 16:07) Posted:
Seem like some activity going on , folks might like to take a look at this counter.
have setting. .. look like break out trade.. .. my view. |
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Seem like some activity going on , folks might like to take a look at this counter.
have setting. .. look like break out trade.. .. my view.