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301-320 of 1823
Short term MA are 10 , 20, n 30 days , for long term are 100 n 200 days , the target at 67 cents may not be reached in the short period .Or it may form the base n from there making a key reversal to go up again .
shadowmoon ( Date: 28-May-2010 19:12) Posted:
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Sorry like to ask for some more info, btw which short moving average u usually use. And the 67cents price as possible max it may reach in short term.....emm how its arrive also.
Bintang ( Date: 28-May-2010 19:06) Posted:
| If the share price falls below its 200MA n all the short term moving averages were forced down when the cross over takes place , then the dead cross was formed |
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Sorry like to ask for some more info, btw which short moving average u usually use. And the 67cents price as possible max it may reach in short term.....emm how its arrive also.
Bintang ( Date: 28-May-2010 19:06) Posted:
If the share price falls below its 200MA n all the short term moving averages were forced down when the cross over takes place , then the dead cross was formed .
shadowmoon ( Date: 28-May-2010 18:41) Posted:
| Hi Bintang, emm how u derived that a dead cross is formed at 76.5 cents on 28 Apr10 |
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If the share price falls below its 200MA n all the short term moving averages were forced down when the cross over takes place , then the dead cross was formed .
shadowmoon ( Date: 28-May-2010 18:41) Posted:
Hi Bintang, emm how u derived that a dead cross is formed at 76.5 cents on 28 Apr10.
Bintang ( Date: 28-May-2010 18:34) Posted:
| It would be no bull run for Mermaid by now since the dead cross has formed at 76.5 cents on 28 April 2010 . It would at most go up to fill the gap at 67 cents . There would be a bad monthly closing which never reverse the downtrend even though there would be a good surge on next Monday . This is still a technical rebounce |
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Hi Bintang, emm how u derived that a dead cross is formed at 76.5 cents on 28 Apr10.
Bintang ( Date: 28-May-2010 18:34) Posted:
It would be no bull run for Mermaid by now since the dead cross has formed at 76.5 cents on 28 April 2010 . It would at most go up to fill the gap at 67 cents . There would be a bad monthly closing which never reverse the downtrend even though there would be a good surge on next Monday . This is still a technical rebounce .
shadowmoon ( Date: 28-May-2010 18:23) Posted:
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Oic Bintang. Thanks.
Btw any possibility it may propel beyond 0.60 in this round of possible BULL run? |
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It would be no bull run for Mermaid by now since the dead cross has formed at 76.5 cents on 28 April 2010 . It would at most go up to fill the gap at 67 cents . There would be a bad monthly closing which never reverse the downtrend even though there would be a good surge on next Monday . This is still a technical rebounce .
shadowmoon ( Date: 28-May-2010 18:23) Posted:
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Oic Bintang. Thanks.
Btw any possibility it may propel beyond 0.60 in this round of possible BULL run?
Bintang ( Date: 28-May-2010 11:22) Posted:
| Mermaid would go up to fill the gap at 50 cents n may touch the trendline at 53 cents |
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Oic Bintang. Thanks.
Btw any possibility it may propel beyond 0.60 in this round of possible BULL run?
Bintang ( Date: 28-May-2010 11:22) Posted:
Mermaid would go up to fill the gap at 50 cents n may touch the trendline at 53 cents .
shadowmoon ( Date: 28-May-2010 11:01) Posted:
| Hi Bintang, what is your view on Mermaid now................... |
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hehe, just loaded some...
Bintang ( Date: 28-May-2010 11:22) Posted:
Mermaid would go up to fill the gap at 50 cents n may touch the trendline at 53 cents .
shadowmoon ( Date: 28-May-2010 11:01) Posted:
| Hi Bintang, what is your view on Mermaid now................... |
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Mermaid would go up to fill the gap at 50 cents n may touch the trendline at 53 cents .
shadowmoon ( Date: 28-May-2010 11:01) Posted:
Hi Bintang, what is your view on Mermaid now....................
Bintang ( Date: 26-May-2010 09:44) Posted:
| Any rebound to 50 cents is an opportunity to sell |
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Hi Bintang, what is your view on Mermaid now....................
Bintang ( Date: 26-May-2010 09:44) Posted:
Any rebound to 50 cents is an opportunity to sell .
Bintang ( Date: 25-May-2010 17:42) Posted:
| Unfortunately , mermaid hit the downside target at 44 cents today , n the trend is still very weak , any rebounce should be a opportunity to sell |
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wow rebounding up...selling soon
Ya I also waiting for 10 cents
E-war ( Date: 26-May-2010 19:54) Posted:
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Where's my 10 cents?!!!!
rebounding up sell soon....
Any rebound to 50 cents is an opportunity to sell .
Bintang ( Date: 25-May-2010 17:42) Posted:
Unfortunately , mermaid hit the downside target at 44 cents today , n the trend is still very weak , any rebounce should be a opportunity to sell .
Bintang ( Date: 24-May-2010 20:44) Posted:
| Mermaid went down further without rebounce , its RSI is at 22 which means that it could go down further .Directional movement index is of course negatively placed n ADX is rising from 31 .Further more , the share price has fallen n penetrated the downward channel recently , technically , if the final support at 44 cents fails , then the share price may go down to 26 cents eventually |
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Agreed........
bishan22 ( Date: 25-May-2010 22:02) Posted:
if drop to 20 cts, then grap 100L for safe keeping to bull run. |
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if drop to 20 cts, then grap 100L for safe keeping to bull run.
Hee hee heard of a silver lining???
qwertyuiop00 ( Date: 25-May-2010 21:50) Posted:
But then Mermaid was lagging behind even when the index broke 3000 pts, and when it finally caught up to rally to 0.84 cents, the crash came, Mermaid followed and dropped almost 50% since then, I don't see any other stocks dropping as much as Mermaid in terms of percentage. The way it's dropping is worrying.
happytrading ( Date: 25-May-2010 17:50) Posted:
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Dont Worry if you have holding power just let it hang there.
What goes up will come down and vice versa. Mermaid
is not the only counter that has gone down terribly. Look
at most of the counters all also dropped chia lat chia lat.
Just my 2 cents
Cheers!!!
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Woud be great to dip to 20 cents lelong lelong, big sgx sales!!!
myjw2010 ( Date: 25-May-2010 17:47) Posted:
| more downside on the way....should hit 20cents soon.... |
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But then Mermaid was lagging behind even when the index broke 3000 pts, and when it finally caught up to rally to 0.84 cents, the crash came, Mermaid followed and dropped almost 50% since then, I don't see any other stocks dropping as much as Mermaid in terms of percentage. The way it's dropping is worrying.
happytrading ( Date: 25-May-2010 17:50) Posted:
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Dont Worry if you have holding power just let it hang there.
What goes up will come down and vice versa. Mermaid
is not the only counter that has gone down terribly. Look
at most of the counters all also dropped chia lat chia lat.
Just my 2 cents
Cheers!!!
E-war ( Date: 25-May-2010 15:45) Posted:
| Thks for concern guys. This is the only counter I nibbled recently n only a few lots so ok lah. Still breathing n eating normally. Nevermind lah, I want her to tank asap then rebound. haha... |
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Yeah Man! Thats the positive attitude.
Dont worry so much ok you are not alone man
E-war ( Date: 25-May-2010 18:35) Posted:
| My strategy has always been to ride cycles not trading so it's ok. Just didn't expect 2 dip recession. hehe... never mind, accumulate powder for the next STI 1400. I'm in an even better position this time. |
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