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I agree with tabbykat. I learn something new just by reading singaporegal and other expert's postings. Many thanks to all of you.
By the way, singaporegal, how should I read an entry/exit sign from the day's volumes? Do I look for high buy volume to buy in or look at high sell volume to sell, or vice versa. Thank you very much.
Thank you Singaporegal,
I have learned something everyday reading your postings.
Cheers
Hi tabbykat,
Yah, I take volumes very seriously. Volumes are an indication of interest (either buying or selling interest) in a stock. If there's no interest, you'll find it difficult to enter or exit a stock and that's important if you trade frequently.
My rule of thumb is at least 6 months with a consistent volume of > 1 million a day.
Yah, I take volumes very seriously. Volumes are an indication of interest (either buying or selling interest) in a stock. If there's no interest, you'll find it difficult to enter or exit a stock and that's important if you trade frequently.
My rule of thumb is at least 6 months with a consistent volume of > 1 million a day.
Any views on AEM-Evertech now? Gone up to 0.255
Hi Singaporegal,
Thank you for your feedback. It seems that you take volumes very seriously. I like to learn more about volumes. What is the time frame to consider its consistency.
Hi tabbykat,
Broadway - Low and inconsistent volumes ... not a good sign.
Sarin - Probably on an uptrend now. but low volumes also.
Midas - Hard to tell the trend for this one. Wait a few more days.
Jurong Tech - Looks like on an uptrend. Volumes not too bad. But wait a couple more days to confirm.
QAF - Lousy volumes... TA should avoid.
Hope this helps!
"Retrace" is a TA term which applies to price action after a substantial rise, also known as a "pull-back". This happens when people take profit. As per your comments on resistance, a retracement could well take place from that level. :)
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iPunter, what do you mean by retrace?
I am FA for AEM-Evertech and Jadason. But I read an analyst report about Tiong Woon, they say resistance now is 0.325, followed by 0.36, but stop loss if go below 0.31
Looks like it will rise from 0.245 on opening, but if that's true I doubt you'll be able to board at that price. Anyway, if you are so keen on this counter, you can try placing your order at 0.245 or below.
But if I were you , I'll not go in if it goes higher than 0.25 ( I don't do any chasing now ;) ).
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But if I were you , I'll not go in if it goes higher than 0.25 ( I don't do any chasing now ;) ).
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Hi iPunter
At what price would you pay for AEM-E? And I guess you must have your reasons for "not chasing" if its price surge?
I usually note hordes of punters chasing if price hits north.
AEM-E looks most promising !
But if it surges, don't chase it !
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But if it surges, don't chase it !
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I think Tiong Woon also doesn't appear too promising, as a semblance of a H&S appears to be forming already.
I see a downtrend in the making ovet the next few weeks.
Be cautious on this stock.
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Be cautious and watch Celestial also.
Not worth a blind punt now as it looks like a downtrend has already started.
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Jadason has already surged from 0.19 to 0.21.
Possibly one more spurt to 0.215 then retrace or back down.
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Wow!
You must have attended the Red Bull Extravaganza last night !
Lol...
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You must have attended the Red Bull Extravaganza last night !
Lol...
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My bullish stock for Monday are :-
Broadway
Sarin
Midas
Jurong Tech
QAF
Hope to hear your view, esp Singaporegal.
Cheers.
Hi terencefok, your bullish call for the four counters listed are based on TA or FA?
AEM Evertech - possible uptrend
Jadason - inconsistent volumes.... TA people avoid
Celestial - now on downtrend
Tiong Woon - now on downtrend.
Hope this helps!!
Jadason - inconsistent volumes.... TA people avoid
Celestial - now on downtrend
Tiong Woon - now on downtrend.
Hope this helps!!
Hi all
This are the stocks which could possibly move up on Monday:
AEM Evertech, Jadason, Celestial Nutrifoods, Tiong Woon.
Correct me if I am wrong. Good luck.