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This kind of business are normally not given a premium for its price. So basing on its all time low of 25.5 cents, I only discounted abt 7 cents from its lowest price. If it reaches, I will buy. If not then I will go for other non education counters,eg finance and manufacturing.
iPunter ( Date: 04-Nov-2009 10:51) Posted:
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Short it if you confirm will go down....
abc2xyz ( Date: 04-Nov-2009 10:45) Posted:
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One must be practical...
On what basis do you make that expectation? It is possible, but not likely...
A reasonable and practical basis is Technical Analysis,
Technical analysis is nothing but the graphical study of human behaviour...
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Multiple Time-Frame Technical Analysis (Can You Afford To Trade Without It?)
abc2xyz ( Date: 04-Nov-2009 10:45) Posted:
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It could only go to as low as 34 cents .
abc2xyz ( Date: 04-Nov-2009 10:45) Posted:
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I will wait for it to go down to 18 cents. At least it is safer to buy low, right?
It would go down to make a new low before any rebounce .
Bintang ( Date: 03-Nov-2009 19:15) Posted:
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As of now, Raffles Edu has reached a low of .455 ..
It's approaching my target sooner than I thought...
At this rate, even if get it at my target price of .40 later on, I may still need to worry about cutting loss after I have got in... :)
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Multiple Time-Frame Technical Analysis (Can You Afford To Trade Without It?)
As of now, Raffles Edu has reached a low of .455 ..
It's approaching my target sooner than I thought...
At this rate, even if get it at my target price of .40 later on, I may still need to worry about cutting loss after I have got in... :)
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Multiple Time-Frame Technical Analysis (Can You Afford To Trade Without It?)
Today so far it's down...
Low is .465... coming soon to my price, maybe next week ...
Let the price come to you...
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Multiple Time-Frame Technical Analysis (Can You Afford To Trade Without It?)
You are welcomed ,decang84 , hope all will benefit from this forum .
dcang84 ( Date: 03-Nov-2009 22:16) Posted:
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You're doing a good job with your technical analysis. Much appreciated.
Bintang ( Date: 03-Nov-2009 19:15) Posted:
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I stay firm on my price...
ie. .40.. in a few weeks' time...
Wait for the price to come to you!
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Multiple Time-Frame Technical Analysis (Can You Afford To Trade Without It?)
Results out
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_2AD05D236A55A5F1482576630034809A/$file/RECL-Q1FY2010results.pdf?openelement
Breaking the support at 47.5 cents , it could reach a short term low at 43.5 cents .
Bintang ( Date: 03-Nov-2009 11:55) Posted:
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That is true only during a normal market...
But if there's really a downtrend, 'hot-frog-think' can lead to depresion later,
Or ar least you must be prepared to convert to a long, looong-term holder...
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Multiple Time-Frame Technical Analysis (Can You Afford To Trade Without It?)
You get C minus !
keepnosecrets ( Date: 03-Nov-2009 16:08) Posted:
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So smart ! Give you 1 A star for spotting the channel.
marubozu1688 ( Date: 03-Nov-2009 14:03) Posted:
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When many people are selling, it is time to buy.
I'd say not only this one is on the downtrend...
My bets are based on a continuing market downtrend...
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Multiple Time-Frame Technical Analysis (Can You Afford To Trade Without It?)
I am not the expert like lots of masters out here. Just my humble opinion on this stock.
Raffles Education is currently on a down trend channel.
http://mystocksinvesting.blogspot.com/2009/11/raffles-education-in-down-trend-channel.html