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Hi, the news say some kind of 0.93 cts share placement, isn't it is supposed to crash downwards or even dip slightly below that, a good shorting target, why it is still moving up? Anyone knows why?
tomorrow will still be another bullish day. :p
Seems like TA bode well for this counter and since FA is good, should move in only one direction....
Since the last posting, signals have changed a little to slight bullishness. Volumes have improved significantly too.
Strange, the technicals set-ups improves further after two days of rising. All indicators are getting more bullish as days passes and even Bollinger band is now coming into play with price squeezing out of the upper band. Market depth shows that most investors are only willing to sell after 1.18!!!!
News came out today that HH 26 million shares was place out to institutions such as Schroder Investment Management (Sg) Ltd and JL Capital.
However...
the property counters seem to have stabilized at a level band and are only mainly trading sideways, ie maintaining their current prices.
Perhaps with no sparks to fly for now, attention is focussed on rotation to other areas...
Hurrah!... at last! ... :)
ok babes and dudes, all tech signs point for a breakout soon; lead and lag indicators agree. direction: likely upwards. momentum is gathering pretty strongly.
first resistance to break: 1.10. second: 1.19.
again, this is going to be volatile.
cheers all!
Patience has finally paid off. Have you all seen the stellar performance for the last two days? Those who entered at 1.00 are already sitting on big pile of $$$ and imagine this counter can still climb up and up for a long long way, just like HO BEE.
The TA chart today is even better looking than yesterday. Even TA gurus will lao nuah (salivate) when they look at those bullish set-ups.... still plenty of room for passengers but not much seats left I think as this is a cornered stock and those vested are not selling cheap..... :(( :))
The shift to mainboard is wonderful news for HH supporters, however, the rise of 3 % is probably due to this release.
Trees are by nature immortals and this tree is going to bear plenty of fruits if investors have the planter's mindset...:)
HH transferred from SESDAQ to Mainboard!
What's the impact?
Up 3 cents today. Hope it is uptrend from now on.
Happy Tuesday for those vested huh? *smile*
Planter I am definately NOT. :)
Thanks singaporegal for the TA perspective, will put on hold for the meantime.
From the recent TA charts, this counter seems to be on a very slight downtrend. However, due to its low volumes, TA interpretation may be inaccurate.
This counter is only for planters and not technicians because planters look long term. Just for example it will take at least 3 years for a grafted rambutan tree to bear fruit so iPunter, can you see the big picture now? Let's hope the property sector would not have gone limp by then.... haha just joking, don't expect that long for this counter. You can see that the BBs are churning now and am looking at days or weeks at the most!
Like hell, it is this goddam uncertain market that forces me to become a planter for once and the last!... hahaha
With the FA, TA and the forum, individual should have it own senses to invest.. Speculation is not the wiser move, but one should hid or her foresight to invest.....