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It may be sooner than you expect...
Yesterday's "gapping cheong" happend so dramatically and was really impressive...
Thus, it's rather hard to think this one will stay long down here...
...especially when that gap-covering is already achieved...
We shall see in the afternoon... :)
After the Gap is covered,
it should now do the normal "Cheong Ahh!"...
Demand should be great if one thinks of the staggering magnitude of
China Grocery Logistics...
This is crazy, thought this counter had started quite well in the early morning. hope this is an intraday low and i can go in to whack more.
The Gap is already covered!... :)
Poems dun have. not sure abt the other brokerage. and i dun like to contra. sad. anyway loaded abit with cpf.. too bad only partial done too.
too bad i cant load much as it is not marginable stocks..
Tomorrow...
the battlecry will be... "Cheong Ahh!"
Think chances of a gap up quite strong tomorrow, could some of my friends who are T3B traders have said that Ah Poh has appeared as the centerfold pin-up!
vic,
thanks for digging this gem up.
vested!
i doubt there'll be another dip. looks like it is going to have gap up every day...
An abstract paradox beyond lay market players' comprehension:
Buy on dip: yet the price is expected to be pushed up. Then when is considered a dip?
buy on dip...
Victorian...
Yes... you are right..
Some "cheongs" are really so fierce that they don't care two hoots about any gaps at all.
It all also depends on market sentiment and pent-up demand, I suppose... :)
noobi, it is from ChartNexus.
Today's gap will most likely become a strong support for further upward projection. Strong feeling there might be another
gap up tommorow morning if Dow is green tonight. Thereafter, there might be a small throw back due to profit taking.
hi harryp, nice charts. what s/w u using?
A convincing gap up...
Will there be a gap-covering pullback ?
Charts don't lie. Let the charts do the talk for once.... hehe.... suay marg marg.....
This one must be in my portfolio too... :)
Money vested with towkay Poh is very safe. Today this counter looks like it haven't even started running yet... it is just moving in to "on the mark, get set posture.." the gun trigger has not been release yet...
But one must also bear in mind that today's Penny Stock can also mutate into tomorrows big blue chip...
While we are waiting for Victorian's comments...
My view is that the Pennies are mainly speculative play...
While they are not as 'robust' as say the blue chips...
really huge profits can be made if one is daring and rich enough to bet on them.
During times of good market sentiment, Pennies offer the greatest percentage gains when they rise.