Others   

Any Stocks Also Can Discuss Forum

Looks like there is more upside for Unionmet. Buyers coming in at 106 just now. Not only that, no quick sell down at this price. It managed to break 105 resistance. We shall see! Huat ah!

 

yea its quiet lol

novice_trader      ( Date: 12-Aug-2013 09:35) Posted: Waw today so quiet.... Where are all the bros and sis???

 

sifu,

 

Any take on Swing Media?? Going up now, can in? 

 

Waw today so quiet.... Where are all the bros and sis???

 

CNA, Unionmet and Cogent seemed to be more active today...

what's the outlook? 

 

Bro Stockcham, Waw u on duty at SJ for the long weekend? Hehehe... Huat ah! Today like don't know how to trade after a long weekend...

 

Hi fellow bros, anyone has any advice on Asiatic and Scintronix? Seems dead ard... :((

 

Bro SC,agreed with yr analysis.I think likely to head south too.

Stockcham      ( Date: 11-Aug-2013 14:42) Posted: I will share my view on the Rex since this is one of the favourite counter at the moment. Remember, this is just my view. Not sure zhun one. The counter moves up a lot 2 days and later drop back sharply on Wed. On the chart, it near create an inverted hammer which is a bearish signal. Even though it is not an inverted hammer, the long wick above the candle may not be a good sign. It actually signal that this counter is going to retace. We can also see that on Wed, the buying power is gone after it move down sharply. So how will it moves on Monday?. I think there are 2 possibilities below. I don't think it will continue to move up in the next few days without moving down. 1) It will moves up again to 74.5-75 and then retrace back maybe close near opening price. Why 74.5-75?. Because it stays longer at this price on Wed. Then on Tuesday, it will move down. How much will it retrace?. There is some support at 68. 67.5 and 65.5. Where will it stop depends on what price it close on Monday. If Monday close above 70, then on Tues it may go down to 67.5. If it close below 70, then I think it may test 65.5 support. 2) It may open at 70 or move 1-2 pips up, then it will retrace to test either 67.5 or 65.5. Is Rex a good buy?. I don't have a confident answer. Reason is that many feels that it can chiong further and maybe can hit $1.00 soon. One of the bro said  that Funds like this counter. From what we can see now, there is indeed great interests in this counter. But from my understanding, this company makes a loss in 2012. Whether the company can perform well in the future I don't know because I don't go deep into this company. Maybe someone can share more on this. Of course if the company is expected to perform well, then the price will moves even though it is making a loss currently. Whether the current moves up is because people see the potential in this company or just merely being push up by BBs to make money I'm not sure. We shall see how the counter moves in the days to come but don't be too confident that this counter will keep going up up and up I said this because when people are too confident when it keeps moving up, it may be a big problem when it starts to come down. Why?. People may think it is cheap and keep buying as it goes down. An exmaple is Mirach. When it goes up so much, people think it can continie to go up, up and up. So when it starts to come down, retailers continue to buy. When it drops  further, retailers still buy. In the end loss a lot of money or get stuck in this counter for a long time. As for now, whether it will moves up again soon will depend on how it perform in the next few days. As long as the retracement is not too deep, then it will have chance to moves up further soon. If it drop too much, then it may take a long rest. Good luck! Huat ah!

 

Look at Rex Intl big sell queue at MD. Only 1 big queue. How much do you think it can go?.

 

Bro not too worry lah mine even worst than u
Cheers man

Stockcham      ( Date: 11-Aug-2013 23:27) Posted: Bro, it is not necessary that there must be big sell queue before the chiong. if there is big sell queue, then it is easier to see how the buying is done, whether there is any accumulation going on. For tomorrow, I don't have pick which is very confident. But I'm monitoring a list of counters which I may jeep if it meet my entry price or if there is any price movement. Bro, my command of English is already so jialat. You don't indicate the punctuation marks lagi jialat...Lol! Good Luck! Huat ah! verynew      ( Date: 11-Aug-2013 23:01) Posted: Bro sc wat I means is usually when bb coming in to up the price is starts from big sell q first or buy q first which I dun quite understand on this thks , How about tomorrow pick any recommendation

 

Oceanus kenna halted. what happen?

 

Bro, it is not necessary that there must be big sell queue before the chiong. if there is big sell queue, then it is easier to see how the buying is done, whether there is any accumulation going on.

For tomorrow, I don't have pick which is very confident. But I'm monitoring a list of counters which I may jeep if it meet my entry price or if there is any price movement.

Bro, my command of English is already so jialat. You don't indicate the punctuation marks lagi jialat...Lol!

Good Luck!

Huat ah!

verynew      ( Date: 11-Aug-2013 23:01) Posted: Bro sc wat I means is usually when bb coming in to up the price is starts from big sell q first or buy q first which I dun quite understand on this thks , How about tomorrow pick any recommendation Stockcham      ( Date: 11-Aug-2013 22:42) Posted: Bro, for your first question, I have mentioned in my earlier post below. Big sell queue doesn't mean it will chiong. On your question 2, I don't quite understand what you mean le. For support and resistance, you will have to refer to chart. It is actually the previous low or high. Good Luck! Huat ah

 

Thks bro

Stockcham      ( Date: 11-Aug-2013 22:38) Posted: Not much support bro! I think there is a weak one at 33. Good luck! Huat ah! 71tltan      ( Date: 11-Aug-2013 22:32) Posted: Can someone tell me wat the ps group support ?

 

Bro sc wat I means is usually when bb coming in to up the price is starts from big sell q first or buy q first which I dun quite understand on this thks ,

How about tomorrow pick any recommendation

Stockcham      ( Date: 11-Aug-2013 22:42) Posted: Bro, for your first question, I have mentioned in my earlier post below. Big sell queue doesn't mean it will chiong. On your question 2, I don't quite understand what you mean le. For support and resistance, you will have to refer to chart. It is actually the previous low or high. Good Luck! Huat ah! verynew      ( Date: 11-Aug-2013 22:26) Posted: Bro sc I have a question how it starts to move from its price up is it have to see the big sell q first , and one more is how to see weather is it is at support price thk

 

Bro, for your first question, I have mentioned in my earlier post below. Big sell queue doesn't mean it will chiong. On your question 2, I don't quite understand what you mean le. For support and resistance, you will have to refer to chart. It is actually the previous low or high. Good Luck!

Huat ah!

verynew      ( Date: 11-Aug-2013 22:26) Posted: Bro sc I have a question how it starts to move from its price up is it have to see the big sell q first , and one more is how to see weather is it is at support price thks Stockcham      ( Date: 10-Aug-2013 13:54) Posted: About my sharing of freightlinks, I have this to add after some thoughts again. I think I should not be too optimistic that it can go up to 160 or 165. This counter closed at 141. If it can go to  160, that will be 19 pips more which I think may be a little difficult. Remember on Wed after it drop to 138, it has difficulty to climb above 140. It seems that it is the BBs that tried to push it to close above 140. Retailers are cautious at this price. They will be even cautious as the pricet moves up further which means that the moves upward may be limited. So I think higher possibility  is that the price may just stop at 150 or 155. Look at the short sell  volumn for Wed. Only 4700  lots. So can 4700 lots shorts plus some profit taking pushed down the price from 147 to 138?. Possible but chances not high. I think BBs must have distribute some of their holdings. Think this way again. They take so much effort to move the price up this much. If they did not distribute their holdings, why did they allow it to drop so much down?. Just my view nia!

 

Not much support bro! I think there is a weak one at 33. Good luck! Huat ah!

71tltan      ( Date: 11-Aug-2013 22:32) Posted: Can someone tell me wat the ps group support ?

 

Can someone tell me wat the ps group support ?

 

Bro sc I have a question how it starts to move from its price up is it have to see the big sell q first , and one more is how to see weather is it is at support price thks

Stockcham      ( Date: 10-Aug-2013 13:54) Posted: About my sharing of freightlinks, I have this to add after some thoughts again. I think I should not be too optimistic that it can go up to 160 or 165. This counter closed at 141. If it can go to  160, that will be 19 pips more which I think may be a little difficult. Remember on Wed after it drop to 138, it has difficulty to climb above 140. It seems that it is the BBs that tried to push it to close above 140. Retailers are cautious at this price. They will be even cautious as the pricet moves up further which means that the moves upward may be limited. So I think higher possibility  is that the price may just stop at 150 or 155. Look at the short sell  volumn for Wed. Only 4700  lots. So can 4700 lots shorts plus some profit taking pushed down the price from 147 to 138?. Possible but chances not high. I think BBs must have distribute some of their holdings. Think this way again. They take so much effort to move the price up this much. If they did not distribute their holdings, why did they allow it to drop so much down?. Just my view nia! Stockcham      ( Date: 09-Aug-2013 00:05) Posted: Let me share a bit on this freightlinks. After some thoughts, I have this view below. This counter has been moving up and up for many sessions just like Mirach. On the chart, this was a sharp rise. even if a company perform very well, I don't think it will  continue to go up in this manner. When it hit a certain price, it should rest for a longer time before it continue its uptrend(provided the company continue to perform well). On Friday it chiong up to try to break 2 resistance in a day but in the end drop down a lot before recover above the first resistance of 14. Some may said that the sudden drop is  the work of  shortist and profit taking before the long weekend.  I would see it differently. I believe this is the first distribution process by BBs together with the work of shortist and profit taking. In my opinion, this is the first signal that this super chiong is going to end. At the current price, it may still go up. But until what price?. It can be 145, 147, 150, 155, 160, 165. I think the higher possibility should be 160 or 165. By next week we should be able to know. As I mentioned earlier, if the company continue to perform well, it may go down but not too deep, take a longer rest and chiong up again. If expected that the  company cannot perform even better later on, then it will drop deeper down. The above is just my view. I may be wrong. Huat ah!

 

Bro, it is hard to answer you. You are holding this counter and not playing contra. Therefore, you will need someone who are good in fundamentals to tell you  the potential of this company. As I said earlier, if the company is expected to perform well in the years to come, then there will be more upside after taking a longer rest. If you are a short term player or contra player, I would say can throw if got  150 or 155.

Huat ah!

laminaire      ( Date: 11-Aug-2013 17:57) Posted: Need some advice, sold some FL @ .118 & .119 and still got  some sitting on 45% profit... sell or fight! Cheers

 

Need some advice, sold some FL @ .118 & .119 and still got  some sitting on 45% profit... sell or fight! Cheers