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justjoin corner

Tritech...

This is purely from my reading of her chart...not from her price action. 

What I see is she is heavily resisted by her falling 20-dma. If you look at her previous 14 candles,

NONE of them managed to even touch her 20-dma let alone cross to move above it. Her 20-dma

currently stands at 0.41 cts. She closed at 38 cts. And her volume is pathetic. Volume comfirms

the direction of the price. She rose today. But the absence of volume   means this upmove does not

have the support of mass participation. Hence, it will soon fizzle out. When you throw a bowling ball

with sufficient force, it will have enough power to roll all the way to the end of the lane in the direction

of your throw. But if you roll it with insufficient strength, midway down the lane, it will no longer roll

in the direction thrown by you. Inertia takes over and it will roll on its own weight and become directionless

and in all probability head towards the gutter.

Hence, I doubt this move will have enough power to test 41 cts. It will probably run out of fuel and like that

powerless bowling ball, roll into the gutter.

I did not watch the intraday price action. Hence, I do not know if a Monkey is in the driver's seat. If he is,

then my views may not be valid.

I am not impressed with her chart or chart pattern. LONG or SHORT...kind of macam buy BIG or SMALL in a casino.

But if I die die want to trade her, I will wait for her rocket boosters to run out of fuel first. Then I SHORT her. But I cannot

in real life SHORT her becoz she is not on IG's Menu.

But CapMallsAsia is.

She is range trading between 1.00 and 2.07. On a good day, can see 2.09.

1.99 to 2.00 is an ABSOLUTE BUY. Sell when she Lao Hong.  

sarsar      ( Date: 22-Nov-2013 11:43) Posted: Thank you JJ & HoSayLeow, I need advice on Trtitech. Best Regards. justjoin      ( Date: 22-Nov-2013 11:12) Posted: Brother HoSayLeow: I am having some conflicting signals on Tritech.Although the chart looks like going further south BUT so far the market depth seems to be improving.What is your opinion?? Hope you do not mind sharing different views for the brothers and sisters here to consider. Thanks in advance.

 

RH also cheong !

justjoin      ( Date: 22-Nov-2013 16:48) Posted: M1, Osim, Tritech cheong

 

M1, Osim, Tritech cheong

 

This is a case of  ugly chart BUT sentiment prevails over price action

justjoin      ( Date: 22-Nov-2013 15:12) Posted: Looks like some big boys are trying to support Tritech 365

 

Looks like some big boys are trying to support Tritech 365

 

Bro JJ      Noted with thanks.   

justjoin      ( Date: 22-Nov-2013 14:45) Posted: Halcyon likely to trade sideways between 685 and 72 for a while. If 685 breaks, may down to 66. UOL look set to test 6.07, if breaks will be going down to 5.90.   Citrine      ( Date: 22-Nov-2013 14:11) Posted: Bro JJ      Kindly adv on Halcyon n UOL. Thanks

 

Halcyon likely to trade sideways between 685 and 72 for a while. If 685 breaks, may down to 66.

UOL look set to test 6.07, if breaks will be going down to 5.90.

 

Citrine      ( Date: 22-Nov-2013 14:11) Posted: Bro JJ      Kindly adv on Halcyon n UOL. Thanks

 

Bro JJ      Kindly adv on Halcyon n UOL. Thanks

 

Osim if can stay at or above 2.23 will mean more upside

justjoin      ( Date: 22-Nov-2013 13:25) Posted: Osim sentiment has improved.

 

Immediate TP 56

justjoin      ( Date: 22-Nov-2013 13:03) Posted: ISDN is primed to run

 

Osim sentiment has improved.

 

ISDN is primed to run

 

Agreed on the vol. I am targeting 3.30 as my immediate TP

guoyanyunyan      ( Date: 22-Nov-2013 12:40) Posted: yes, quite low in vol though.

 

Well, in that case, i just keep targeting Fuxing haha. Have so much stock now. Whatever profit i made i just park my money there. Anything below 0.03 cents is worth it. I think it could be a target for take over. Just my gut feel....thats all.

justjoin      ( Date: 22-Nov-2013 12:14) Posted: Thank You Brothers Intercept and Hosayleow for contributing. I think more brothers and sisters should come out and give their opinions so that we all have a better idea on stock picking through sharing. I do not want this thread to be only me giving buy calls. Do give your feedback and counter calls so that all of us can benefit.

 

yes, quite low in vol though.

 

M1 starting to run

 

Thank You Brothers Intercept and Hosayleow for contributing. I think more brothers and sisters should come out and give their opinions so that we all have a better idea on stock picking through sharing.

I do not want this thread to be only me giving buy calls. Do give your feedback and counter calls so that all of us can benefit.

 

Get back to you later. Rushing some work now.

But a quick look at the chart....I am not impressed with it. 

justjoin      ( Date: 22-Nov-2013 11:12) Posted: Brother HoSayLeow: I am having some conflicting signals on Tritech.Although the chart looks like going further south BUT so far the market depth seems to be improving.What is your opinion?? Hope you do not mind sharing different views for the brothers and sisters here to consider. Thanks in advance.

 

Thank you JJ & HoSayLeow,

I need advice on Trtitech.

Best Regards.

justjoin      ( Date: 22-Nov-2013 11:12) Posted: Brother HoSayLeow: I am having some conflicting signals on Tritech.Although the chart looks like going further south BUT so far the market depth seems to be improving.What is your opinion?? Hope you do not mind sharing different views for the brothers and sisters here to consider. Thanks in advance.

 

Bro justjoin, co is loss-making n rev fell in its latest report. NAV abt 21ct but now trading 36ct. Negative cashflow from operating activities. Cash of $27 m mainly from share issue. Although co expect marble contracts to contribute to revenue in coming qtrs, dunno how much would translate to profit. Personally, i avoid such stocks. From our experience, when BB wants to play up a stock, FA is thrown out of window, bro. So the stock is up now even though FA not impressive. Just my humble opinion. I think one should play within one's means if they play such stocks n be aware of opportunity cost of loading better quality stocks at cheaper prices

justjoin      ( Date: 22-Nov-2013 11:14) Posted: Maybe brother intercept would like to give your FA opinion on Tritech??? justjoin      ( Date: 22-Nov-2013 11:12) Posted: Brother HoSayLeow: I am having some conflicting signals on Tritech.Although the chart looks like going further south BUT so far the market depth seems to be improving.What is your opinion?? Hope you do not mind sharing different views for the brothers and sisters here to consider. Thanks in advance.