
Hi there
Cannot agree with you more on ZObee,
this counter is terrible plus horrible up day
also down and down day more down.
I take your advice not to touch this counter.
Cheers!!!
marubozu1688 ( Date: 31-May-2010 20:01) Posted:
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Thanks for chart again!
Any idea why its moving today?
Cheers!
tact888 ( Date: 02-Jun-2010 13:37) Posted:
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Z-obee Falling Towards Major Support Confluence Zone
Breakdown from the green inverted cup and handle target support band has resulted in a drop towards the major support confluence zone comprising of
1. 200 EMA
2. Light blue support region
3. 200 SMA
Trading range is expected within this confluence region.
View chart at http://tactcharts.blogspot.com/2010/06/z-obee-falling-towards-major-support.html
Hi Pharoah88
Thanks for the chart. Does this mean that Zobee will never be up anymore?
Pls enlighten.
Cheers!!!
pharoah88 ( Date: 01-Jun-2010 20:11) Posted:
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marubozu1688 ( Date: 31-May-2010 20:01) Posted:
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Over value stock. No reason to buy.
http://mystocksinvesting.com/singapore-stocks/z-obee/z-obee-over-value/
Thanks for the explanation.
iPunter ( Date: 26-May-2010 17:42) Posted:
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I don't follow volume...
"Cheong Aaaarrhhh!!!" on high volume or
"Lao Sai Aaaarrhhh!!!" on high volume...
The volume holds not the slightest bit of my interest..
Volume can be a very academic study in itsef, and can take up a whole book...
But since I am not an academic person, only the price matters to me...

HI Ipunter
Can pls tell me why the high vol? Thanks
iPunter ( Date: 26-May-2010 12:59) Posted:
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Thank you !
iPunter ( Date: 26-May-2010 12:59) Posted:
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I do agree with you. Those that got it cheap can afford to sell off yesterday and still
able to make a high profit. With your expertise is it wise to buy in or dont even consider
Cheers!
moneycow ( Date: 26-May-2010 11:13) Posted:
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If you can't eat and sleep on this, you shd stop for awhile. Anyway for it to go down steeply means something not so right. Better do something abt it. JMO.
The way it dropped yesterday was nightmarish for holders.............. more then 12 cents fall for a stock that move 0.5 CENTS per steps.
Its unpredictable........ and it might happens again later ?
I am worried to get on , on such stocks...that can plunge so much in one day and its not due to company's business or bad news, its the bad market that can cause holders to sell. It could be that many of their holders come on when it was less then 10 cents so can afford to throw low yet profits still. PPL got on at 56 cents :(.
Can't sleep can't eat and worrying...
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Z-obee Confirms Inverted Cup and Handle Formation
Kudos to those who heeded the warning posted on 21 May 2010. Congratulations to the seasoned and braveheart traders that shorted. Next support is probably 36 followed by measured move target of 34. Immediate short term resistance is 38.
View chart at http://tactcharts.blogspot.com/2010/05/z-obee-confirms-inverted-cup-and-handle.html