Post Reply
221-240 of 431
Time to reconsider this baby. Stop loss 0.35.
bishan22 ( Date: 31-May-2011 07:45) Posted:
Not the right time to enter, wait for positive signal.
sharefrenz ( Date: 30-May-2011 22:37) Posted:
| what happen to gallant??? still on the down trend .....
|
|
|
|
Not the right time to enter, wait for positive signal.
sharefrenz ( Date: 30-May-2011 22:37) Posted:
| what happen to gallant??? still on the down trend .....
|
|
what happen to gallant??? still on the down trend .....
How market reacts no one can tell. But their decisions are definitely made with confidence in the people running the country.
moneycow ( Date: 15-May-2011 14:15) Posted:
| Not sure how the market would react to LKY and GCT's stepping down from the MM and SM position. But they still remain in the PAP. Hopefully its good. :) |
|
Not sure how the market would react to LKY and GCT's stepping down from the MM and SM position. But they still remain in the PAP. Hopefully its good. :)
back to 50c soon, keep collecting
what's the take for this counter? revolving about 0.415-0.425
Is a ascending pattern formed again when all else fall for days, this one resisting falling and goes up instead like the last time. When other stocks looks less attractive and falling, this one gaining attention again,
Shooting higher again if another report surfaced of its progress in Bintam. :)
If it were to happen, the resistance level of 51.5 should be broken.
Report suggested that, invester were willing to pay 1.57/share when it first had news over its Bintam and batam venture. A time when no progress was made then. But now, progress of ongoing tangeable result are visible, coal mines starting providing positive revenues/profits, Bintam is developing resorts to rival Singapore where first phase contract was already being awarded to 2 Thai companies,
Its looking positive moving forward - the 12 months target of 88 cents should be realistic over time. But it could happen as soon as some good news pop up again :)
Good for long of 9-12 months for significant gains. Contra-ist always get disspointed when geting out late due to intermittent pull back during forward progress.
Not intended to ask to buy. But just note.:)
Since it breaks 0.45 then should exit accordingly & change counter
So whats the rationale now ?
Supposedly move closer to 88 cents. But its turning other way.
Wrong directtion leh :)
Maybe its accumulation in place as some one says...........
When will it flky again ?
susan66 ( Date: 21-Apr-2011 00:25) Posted:
Yes, can be a double top, but triple top even better if break, will be explosive! If you refer to previous pattern, you can see that this type of flagpole pattern is repeated for Gallant. It is quite stable and when it pulls back volume reduces which means that the BBs are still in, just waiting for best timing to push. Of course, if it breaks the support around 0.44-0.46 then we must be cautious. The pull back may be due to forceselling for contra players but I see accumulation recently. So think it's still safe to hold. My personal view only. 
SGG_SGG ( Date: 20-Apr-2011 09:24) Posted:
Alternatively could be a double top formed 7th April when it hit 0.515? I was hoping it would hit come down and move up back on 13th April to break thru but didn't happen... so am cautious on this. Will be great if it breaks thru though! 
|
|
|
|
The volume is average high these few days and share price swung lower.
If accumulating volume should be thin.
Don't chase high. Trade at own risk.
Expected it to do well this week. Since today STI 40+ up green.
But it fell half cents instead of supposedly fly towards 88cents.
Cannot understand the logic.
Maybe shortist at work :)
Alternatively could be a double top formed 7th April when it hit 0.515? I was hoping it would hit come down and move up back on 13th April to break thru but didn't happen... so am cautious on this. Will be great if it breaks thru though!
susan66 ( Date: 20-Apr-2011 01:50) Posted:
Don't worry, have some patience. The longer you wait, the more explosive it will be once break 0.52. Now accumulating forming flag and waiting for the spike. 
june_snowy ( Date: 19-Apr-2011 19:48) Posted:
Have this black horse been forgotten? Haaizz... this counter can't seems to break the resistance of $0.515 leh.... Been waiting till my neck can stretch far like a turtle. Hehe..
Does anyone have something to share or comment?
|
|
|
|
Don't worry, have some patience. The longer you wait, the more explosive it will be once break 0.52. Now accumulating forming flag and waiting for the spike.
june_snowy ( Date: 19-Apr-2011 19:48) Posted:
Have this black horse been forgotten? Haaizz... this counter can't seems to break the resistance of $0.515 leh.... Been waiting till my neck can stretch far like a turtle. Hehe..
Does anyone have something to share or comment?
|
|
Don't think its forgotten at all.
Its on the TOP 20 trading list infact top 5 for whole of last week and this week so far.:)
Have this black horse been forgotten? Haaizz... this counter can't seems to break the resistance of $0.515 leh.... Been waiting till my neck can stretch far like a turtle. Hehe..
Does anyone have something to share or comment?
Never mind, just a bit delay, the stock worth more than 50 cents, so no worry unless you buy at 50....75 cents was what ppl said
moneycow ( Date: 13-Apr-2011 21:33) Posted:
Got the potential to hit 60 cents maybe by end of next week.
If STI green green daily.........
Hard to say.
The potential is there but, it very much depends on local trdaing sentiment. if the trading sentiment is no good overall, even good stocks falls or stagnant with very little trades.
.......For this one as they have positive development. Long is good.
But since you ask if it could hit higher by this 2 days- I bet you are on contra of just hope to make abit when it goes up and you sell off. :)
Its also due to a large percentage of holders like you that sells when it move, so it falls on profit taking intermittenly and takes longer time to move higher up to the price which it can reasonably command. The large amount of units in the QUE to clear before it can move higher...slowed down when contra and short term holders want to take profits fast as they worried it may fall when market sentiment vbecome not so good. Some no holding power. need cash to switch stocks... etc etc..
Potential wise, this one looks good. It can move over 50 cents by this Friday :)
Today already hit 50.5, then profit takers cause it to slide back to 49.5.
Precisedly what happens... Its not that the price unsustainable. Its the people whom came in - their short term target that cause any stocks to fall on profit taking. its normal though. Nothing wrong. just to point out reason for rising higher and close lower then its highest point of the day :)
|
|
Got the potential to hit 60 cents maybe by end of next week.
If STI green green daily.........
Hard to say.
The potential is there but, it very much depends on local trdaing sentiment. if the trading sentiment is no good overall, even good stocks falls or stagnant with very little trades.
.......For this one as they have positive development. Long is good.
But since you ask if it could hit higher by this 2 days- I bet you are on contra of just hope to make abit when it goes up and you sell off. :)
Its also due to a large percentage of holders like you that sells when it move, so it falls on profit taking intermittenly and takes longer time to move higher up to the price which it can reasonably command. The large amount of units in the QUE to clear before it can move higher...slowed down when contra and short term holders want to take profits fast as they worried it may fall when market sentiment vbecome not so good. Some no holding power. need cash to switch stocks... etc etc..
Potential wise, this one looks good. It can move over 50 cents by this Friday :)
Today already hit 50.5, then profit takers cause it to slide back to 49.5.
Precisedly what happens... Its not that the price unsustainable. Its the people whom came in - their short term target that cause any stocks to fall on profit taking. its normal though. Nothing wrong. just to point out reason for rising higher and close lower then its highest point of the day :)
Today high volume buying..... Wonder if it will break 0.515 resistance level by this week...
