Baker Technology    Last:0.57    +0.005

Why Bullishness Still Intact

All is not lost.  It is reviving and  now gaining momentum again....

 

 

For intra day trade U've to cover by 5pm on same day...too late to cover the next day for naked trade....unless U've stocks in CDP,U can sell high and buy back later,if no existing stock will be deem naked short.Alternatively U can sell the stock say 41cts and reverse intraday contra and buy back say 38cts same day still ok..baker will drop below 40cts ..TP of 42cts reached...gd if U can hold long term

 

Can i cover back my naked short b4 SGX buys in for me ?

 

market_super_crash wrote:

I laugh out loud. Those who bought at 0.445 and even 0.45, all die already.

..i always sell at this level and buy back at 32cts so far a few rounds already..baker normally move a few days b4 EGM (sept 24)..after that it will definitely drop <40cts...like previously 24 to 32cts but now TP of 42cts reached not much upside already...sure come down soon

 

coming down next few day, surge too high oredi.

 

Time to sell..baker normally moves b4 EGM sept 24..after that will come down <40cts..just watch..nothing new at EGM selling trailer axils biz....

 

I mentioned in my post on 14/9/07 about the long white candle for Baker Tech ..... indeed chart don't lie .....

 

Similarly, time to take notice of the long white candle on 18/9/07 for Armarda ..... may see another powerful breakout anytime today or tomorrow .....

 

The longer it consolidates btw 33 to 42cts the better..previously it consolidated btw 25 to 30cts for almost 5 months..now at leat >30cts..when they inject > oil rig/ship repair after selling trailer axes busines..Baker may hit $1 in the long term

 

Think many like to short Baker, thinking it's too high .....

 

Today also many attempted to short at this 36.5 level .....

 

BakerTech & Armarda re-accumulation in progress .....

 

Squeeze them baby.

 

this counter seems temporary out of steam ...going downward after reaching 0.425.

 

Notice the long white candle on 10/9/07 ?

 

Open 36 ..... close 41 .....

 

Bullish engulfing ?