
Hi simplyenjoy ,
This is the formula : 0.365 + ( 0.40 -0.27 )x 1.618 = 58 app.
simplyenjoy ( Date: 25-Dec-2009 19:18) Posted:
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Hi Bintang,
Thks for all the accurate forecast. For our learning, mind sharing how do we get the 58cts projection? Is it by Fibo ?
wait for a while more... 6-12 months after IPO. by the first 6 months you should see whether the insiders are selling or holding on the their stake
Q&M Dental = 26-Nov-2009 (IPO);
- Open = 0.345
- High = 0.36
- Low = 0.31
- Close = 0.315
- Vol = 59.5m
As @ 24-Dec-2009 Close = 0.51
HiapTong = 03-Dec-2009 (IPO);
- Open = 0.28
- High = 0.29
- Low = 0.255
- Close = 0.26
- Vol = 19.4m
24-Dec-2009 Close = 0.20
Both were dropped during e new IPO shares but 2 compare, only Q&M Dental climbs few wks later. So wld it b HiapTong'll b e nxt? Interesting eh... ('',)
Hi sophisca , if it make a pull back or retracement , the support is at 49 cents , n the upside target would be at 58 cents .
sophisca ( Date: 25-Dec-2009 15:23) Posted:
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hi bintang, do u think this counter will still pull back for profit taking on monday? thanks.
Q&M Dental has made another new high at 51.5 cents today . RSI is at 83 which seldom appear in new IPO counter . Aroon indicators are positively placed , Chaikin oscillator is at extreme high position which is indicating the volume is flowing in rapidly . Today closing price also penetrated the uptrend channel , it would move up to the upside target by measurement .
Bintang ( Date: 24-Dec-2009 11:19) Posted:
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You are welcome , I have already posted my comments on UniEnvtech in this forum long ago .
limycron ( Date: 24-Dec-2009 13:57) Posted:
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Thank you, Bintang
It would be great if u can post the info at the United Envirotech forum topic. I just discover this topic is under Q&M Dental. hehe....
Once again, thanks for your information. you're the ONE...
I will let u know if there are buying signals from the chart .
limycron ( Date: 24-Dec-2009 13:15) Posted:
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How to see the buying signals...
Below comment was posted on 17 Dec 09 .
Bintang ( Date: 24-Dec-2009 12:58) Posted:
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UniEnvtech rebounded recently to 34.5 cents in intra-day trading , but still closed at its lowest point at 32.5 cents . From then it came down very fast to close at 30 cents today . Directional movement index are negatively placed , ADX is at 20 . The share price now goes below 10MA ,30MA n 55 MA , if the bottom at 27 cents could not stop the falling , then it may go down to fill the gap at 22 cents
limycron ( Date: 24-Dec-2009 12:35) Posted:
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UniEnvTech is now in its downtrend , no buying as well as averaging , wait for buying signals .
limycron ( Date: 24-Dec-2009 12:24) Posted:
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Thank You Bintang!
u-env trading at 0.29 currently at a downtrend, if it cant stop the slide, the next stop gap at 0.24
limycron ( Date: 24-Dec-2009 12:24) Posted:
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Thank you very much...
By the way, any opinion for UtdEnvirotech too? It seems that they are dormant now. Do think I can also buy now to keep for the short term like one month?
Have a Merry Christmas!
OK , limycron , u can buy only on Monday n with the stop-loss protection , the other upside target would be at 58 cents .
limycron ( Date: 24-Dec-2009 12:13) Posted:
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Hi Bintang,
I'm new here.
Do u think that I can still buy this counter today? Thanks
they support it because they are selling it.
Bintang ( Date: 24-Dec-2009 11:46) Posted:
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