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by the way, same chart pattern appears in the shipping counters as well like NOL, COSCO, YZJ. those counters down big in MAY and sideway consolidation from JUNE onwards. it will be just a matter of time for.another leg down once support on the daily is broken and confirmed.
xing78 ( Date: 13-Jul-2012 08:21) Posted:
it is now sitting on daily support. chart is clearly showing a bear flag.
risktaker ( Date: 13-Jul-2012 08:01) Posted:
| Trade with care .... Doesn't look good. |
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it is now sitting on daily support. chart is clearly showing a bear flag.
risktaker ( Date: 13-Jul-2012 08:01) Posted:
Trade with care .... Doesn't look good.
tiancai007 ( Date: 13-Jul-2012 00:32) Posted:
| So Bro Xing, what is your view on Sakari after today's fall? |
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Trade with care .... Doesn't look good.
tiancai007 ( Date: 13-Jul-2012 00:32) Posted:
So Bro Xing, what is your view on Sakari after today's fall?
xing78 ( Date: 13-Jul-2012 00:29) Posted:
| theres also a coal miner ipo in hongkong that has raised 900million. coal is still one of the conventional form of energy in many emerging countries and price is nearer to bottoming out |
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So Bro Xing, what is your view on Sakari after today's fall?
xing78 ( Date: 13-Jul-2012 00:29) Posted:
theres also a coal miner ipo in hongkong that has raised 900million. coal is still one of the conventional form of energy in many emerging countries and price is nearer to bottoming out.
heavenknow ( Date: 12-Jul-2012 23:17) Posted:
Or we can look at it at another way.
1 less competitor in the long run... |
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theres also a coal miner ipo in hongkong that has raised 900million. coal is still one of the conventional form of energy in many emerging countries and price is nearer to bottoming out.
heavenknow ( Date: 12-Jul-2012 23:17) Posted:
Or we can look at it at another way.
1 less competitor in the long run...
wanglausern ( Date: 12-Jul-2012 18:31) Posted:
Last Monday, Patriot Coal Corp was trading at $2.80. On Fri it started to plunge when there were rumours that Patriot was gonna file for bankruptcy & by last night it crashed down to 0.185c after Patriot filed for bankruptcy on Monday.
Patriot Coal Corp which is based in St Louis, filed for Chapter 11 bankruptcy protection on Mon as it deals with reduced demand due to a number of factors including mild weather, a shaky global economy and cheap alternative energy sources like natural gas.
The impact from Patriot Coal's bankruptcy filing may hurt its peers in the short-term.
Will Sakari go the path of Patriot Coal?
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Or we can look at it at another way.
1 less competitor in the long run...
wanglausern ( Date: 12-Jul-2012 18:31) Posted:
Last Monday, Patriot Coal Corp was trading at $2.80. On Fri it started to plunge when there were rumours that Patriot was gonna file for bankruptcy & by last night it crashed down to 0.185c after Patriot filed for bankruptcy on Monday.
Patriot Coal Corp which is based in St Louis, filed for Chapter 11 bankruptcy protection on Mon as it deals with reduced demand due to a number of factors including mild weather, a shaky global economy and cheap alternative energy sources like natural gas.
The impact from Patriot Coal's bankruptcy filing may hurt its peers in the short-term.
Will Sakari go the path of Patriot Coal?
Bintang ( Date: 12-Jul-2012 16:07) Posted:
| Sakari has already given bonus when it rebounded strongly to $1.50 recently instead of $1.25 . Unfortunately , it turned n came down rapidly in order to form a bearish rising wedge . It touched the bottom boundary of the formation at $1.37 today . If this formation is broken , then it would resume the downtrend |
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All long positions must CLOSE if the share price goes below $1.16 which was the lower point of the mothly hammer .
Bintang ( Date: 12-Jul-2012 20:26) Posted:
Would this target come true ?
Bintang ( Date: 05-Jun-2012 20:23) Posted:
| Sakari has been falling for twelve weeks continuosly . It not only broke its long term neckline at $1.80 easily , but also broke its downtrend channel at $1,25 today . Chart patterns are all very bad , indicators are also dun look good . Downside target could be at 40 cents if measure from its neckline . |
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Would this target come true ?
Bintang ( Date: 05-Jun-2012 20:23) Posted:
| Sakari has been falling for twelve weeks continuosly . It not only broke its long term neckline at $1.80 easily , but also broke its downtrend channel at $1,25 today . Chart patterns are all very bad , indicators are also dun look good . Downside target could be at 40 cents if measure from its neckline . |
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Last Monday, Patriot Coal Corp was trading at $2.80. On Fri it started to plunge when there were rumours that Patriot was gonna file for bankruptcy & by last night it crashed down to 0.185c after Patriot filed for bankruptcy on Monday.
Patriot Coal Corp which is based in St Louis, filed for Chapter 11 bankruptcy protection on Mon as it deals with reduced demand due to a number of factors including mild weather, a shaky global economy and cheap alternative energy sources like natural gas.
The impact from Patriot Coal's bankruptcy filing may hurt its peers in the short-term.
Will Sakari go the path of Patriot Coal?
Bintang ( Date: 12-Jul-2012 16:07) Posted:
Sakari has already given bonus when it rebounded strongly to $1.50 recently instead of $1.25 . Unfortunately , it turned n came down rapidly in order to form a bearish rising wedge . It touched the bottom boundary of the formation at $1.37 today . If this formation is broken , then it would resume the downtrend .
Bintang ( Date: 07-Jun-2012 10:51) Posted:
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Sakari has already given bonus when it rebounded strongly to $1.50 recently instead of $1.25 . Unfortunately , it turned n came down rapidly in order to form a bearish rising wedge . It touched the bottom boundary of the formation at $1.37 today . If this formation is broken , then it would resume the downtrend .
Bintang ( Date: 07-Jun-2012 10:51) Posted:
Above $1.25 is bonus .
Bintang ( Date: 06-Jun-2012 09:13) Posted:
| $1.25 would be strong resistance for this technical rebounce |
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mkt has bn up for the past 9 days. Definitely it has to come down ... personally i think the mkt has bn going up without much economical reasons/fundamentals.. it was basically based on speculation that drives the index/shares higher. is going to hv a Big selling-down coming soon. this is just my view..
GuavaXF30 ( Date: 12-Jul-2012 15:32) Posted:
Does anyone have any idea why this is falling so much ? Is it related to China slowdown ? Would not think so as I don't think their coal business is to China.
GuavaXF30 ( Date: 12-Jul-2012 10:37) Posted:
| Rocketted. Down though, not up. Does not look good at all |
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china has plenty of coal in stock hence no demand is seen.
Already cut.
GuavaXF30 ( Date: 12-Jul-2012 15:32) Posted:
Does anyone have any idea why this is falling so much ? Is it related to China slowdown ? Would not think so as I don't think their coal business is to China.
GuavaXF30 ( Date: 12-Jul-2012 10:37) Posted:
| Rocketted. Down though, not up. Does not look good at all |
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Does anyone have any idea why this is falling so much ? Is it related to China slowdown ? Would not think so as I don't think their coal business is to China.
GuavaXF30 ( Date: 12-Jul-2012 10:37) Posted:
Rocketted. Down though, not up. Does not look good at all.
zidane ( Date: 05-Jul-2012 14:10) Posted:
Ready to rocket ??
1..2...3
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Rocketted. Down though, not up. Does not look good at all.
zidane ( Date: 05-Jul-2012 14:10) Posted:
Ready to rocket ??
1..2...3
zidane ( Date: 04-Jul-2012 12:29) Posted:
| i saw big lots buying. 300lots , 50, 100
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Ready to rocket ??
1..2...3
zidane ( Date: 04-Jul-2012 12:29) Posted:
i saw big lots buying. 300lots , 50, 100
eurekaw ( Date: 04-Jul-2012 11:49) Posted:
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i saw big lots buying. 300lots , 50, 100
eurekaw ( Date: 04-Jul-2012 11:49) Posted:
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rocket shooting now
doubled up
sk6666 ( Date: 04-Jul-2012 10:07) Posted:
| you still hanging onto this and osim? |
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you still hanging onto this and osim?
it will rocket up.
