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YZJ Shipbldg SGD    Last:2.25    +0.05

Yangzijiang

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starry1818
    07-Sep-2010 15:39  
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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. 



 
 
epliew
    03-Sep-2010 18:50  
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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.



 
 
starry1818
    27-Aug-2010 16:10  
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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.



 

 
alexchia01
    27-Aug-2010 16:00  
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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.



 
 
l_tan888
    27-Aug-2010 15:27  
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Before coming to $1.36, we should see how it follows to $1.42 first.
 
 
starry1818
    27-Aug-2010 09:07  
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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.............

 

 



 

 
jojopost
    16-Jul-2010 18:29  
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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.............

 

 



 
 
alexchia01
    16-Jul-2010 17:04  
Contact    Quote!

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.


 
 
jojopost
    16-Jul-2010 16:51  
Contact    Quote!

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.

 
 
ALPHAALLIANCE
    16-Jul-2010 16:07  
Contact    Quote!


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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