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Squeeze Breakout Buys

hi rayzor,

if i am not mistaken, a bullish belt-hold can only occur in a general down trend.

 

hi ray,

correct me if im wrong as im still learning my TA from u. Sunpower resistance at 0.44 since 11 may, broke out yesterday after crossing the resistance and close with a long bullish belt-hold. However,dun realy know how to find the tg. pls advice!! tks in advance.

cheers


 

 

Popular:  Breakout play.  Your call.  Good luck.

 

Hi Ray, Thanks for your buy call again. Vested @ 50cts. Cheong Argghhhhhh.......... (^_^)

 

CNA broke out above $0.60 resistance.

 

hi ray,

tot sunpower broke out yesterday? tks   

cheers 

 

hi ray..u mean sunpower broke already? or is about to break? yest it increased hell of a lot..still good time to go in?

 

SunPower:  Breakout play.  Your call.  Good luck.

 

Ray,

Do you think we can enter Tiong Woon and Ban Joo now? Please advise...

 

The sun's smiling on Tiong Woon and Ban Joo. :)

 

seems like great help from Fnulnu finds...good time to enter the mentioned 3 today? EW, FE and Genting?

 

Fnulnu, good finds.  :)  I especially like Eng Wah, Food Empire, and Genting.  Great work.

Jerome, for lottvis, I wouldn't want to say if it goes up or down tomorrow.  It depends on how badly the boys want to accumulate.  It's been doing the sideway thing for a long time.  Money is starting to creep in.  I think it may move again soon.  Swing Media, possibly more downside before it goes up, as I've mentioned in the Swing Media thread.

DPang88, low momentum does not mean low upside or a weak climb. :)

 

DJI Updates

It could be another day of indecision for the US market.  We may see the same resistance level tested again.  Too much of a delay into breaking the resistance is not a good sign.  Will have to see how the next half of the day does.  Volume is looking healthy, and money is still moving in. 

 

Hi Ray, noted with thanks.

May I ask does "... momentum is kinda weak ..." means upside is very limited or the climb will be slow or something else?

 

Ray,

what's your take on LottVis?

more downside tomorrow?

Also Swing Media seems to be suffering from the sudden surge in volume last fri

and paying the price now.

Two black candles already.

Perhaps tomorrow more of the same, til T+5? 

 

There seem to be so many pennies moving up in the past week. Take a dart and aim at a newspaper listing of stocks, and chances are that you'll pick some that have moved up! :) Seriously, profit while you can. Jury is still out on how long more this bullish period will last.

 

 

My take that this counter should be monitor closely:

Engwah, Food Empire, Genting and HPL

Their band is tightening now, so to speak.

What's your take on this, Ray?

I missed out on Novena, it broke out finally.....

 

Tris777, Foreland and Gems TV has lots of potential, at least in the near term.  Gems had a recent run, and went into a short sleep mode, and moved again today.  There is definitely interest.  Foreland had a recent run as well.  This one's good on fundamentals as well.  There is a "rumour" about some news that could be announced month end.

 

Cooljoe, I'm kool, don't worry about it.  Tiong Woon already broke mid May, and is still looking good.  Some brokerage houses placed a target price of $1.30 for this, if I am not wrong.  Radiance broke 4 days back, the slight drop today was anticipated.  However I believe it would continue to move north.  Funds...erm...yes, in a loosely arranged manner currently.

Elmo10, may want to consider taking profit.  Don't like this counter.  It's your call.

 

hello Ray, bought unifiber at0.27 cents, should i paitently wait for its progress or not, thank you.