Jiutian   

How's this stock

Hi cashiertan, if MACD is reversed, isn't it a good sign that it will go higher high? Why lock in the profit when you know that it will go higher? Sorry, I'm still learning TA.

 

Congrats Cashiertan !  Your trading skill is really good man.

 

sold out at 1.04 at 0911

 

The updated TA indicator for EOD is after 8pm, did u guys plot ur TA after 8pm? now what i see is that Jiutian is on the way to higher high as MACD is reverse and RSI just touch 71. however tomolo jiutian may close lower.

 

Currently in New York for a roadshow. Shares were shored up by institutional buying. I believe there will be some more upside.

 

Hi cashiertan,

I don't make use of support levels. I just read the trends... maybe that's why we come to different conclusions.

 

The Moving Averages (20 d, 40 d & 80 days) are all trending up. But the RSI is below 50% and MACD & CMF (21 Day) downtrending. So I think it is better for thr price line to dip to touch the lower band of the Bollinger before buying. Hope my analysis is correct..

 

normally when a counter breaks the 1.oo barrier, the 1.00 becomes a new pyschological support. nevertheless, maybe u like to point out where it is in downtrend?

 

I use Acc/Dist, ChaiKin and RSI... all three showing signs of downtrending.

Which indicator do you use?

 

nevertheless, this climb may be pretty limited like ASL marine. there is divergence i know. but current short term trend is there to push for a new peak.

furthermore, when a stock is at $1.00, it may changes its characteristic as it is in diff playing field

 

singgal, i m also a chartist but diff school. to me, it is vestable. on the downtrend? puzzled as my reading is diff

 

From TA charts, its still on downtrend... be cautious

 

today push up. with volume. enter at 0.985.. waiting for it to break 1.00 barrier.

 

(Jiutian)
This counter has been such a darling since the beginning of October as it has charged up  from a low of 0.56 to a high of 0.97.  It can  be seen that the  move has lost some steam... fatigue?

...  because  the last  push  up is lacking in strength!

              No more Oooomph !!! 

So take care as risk is greater now. Just a reading.


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Money is Good

 

Hi, that's good news!!!! Any idea when is the road show?

 

Rose on positioning by traders ahead of its US roadshow.

 

guess i am correct on this counter, too bad no more capital to take a quick shot.

 

Looks like on a downtrend... be cautious

 

may have a rebounce.. this counter can pick up when recent correction bottomed. recent dip in price did not follow by high volume of sale from insider and retailer. this counter will either rebounce at 0.86 or rebounce at 0.81/82.

 

Hi iPunter

Thanks.

A few months ago, Galaxy65 had given me very valuable input/advice vis-a-vis the various investment books/softwares to look out for. Unfortunately have been pretty taken up with other issues and have not logged onto ShareJunction till now.

And yes, I intend to read up more.  But I must say I have picked up quite a bit from the several members' sharings/advices  at this portal.