SoundGlobal   

Epure International

You are welcome , tedlim_me , u can check the RSI of  Ezion , n  would find out the usefulness  n advantages of this indicator .

tedlim_me      ( Date: 24-Jul-2009 21:30) Posted: that helped a lot.. thanks Bintang.. Bintang      ( Date: 24-Jul-2009 21:16) Posted: Hi , dealer0168 , if we mention about overbought , it means the indicator ,  RSI goes  beyond 70 ,  normally many people close their long position when the RSI of the counters go beyond 70 or more , but  in my point of view is that watch it closely , set stop loss , let your profit grows , it may last for quite a long period before changing trend n come down . Remember if the RSI maintains above 70 , do not close your long position too early  , because the share price could go up alot more until  the RSI divergent

 

that helped a lot.. thanks Bintang..

Bintang      ( Date: 24-Jul-2009 21:16) Posted: Hi , dealer0168 , if we mention about overbought , it means the indicator ,  RSI goes  beyond 70 ,  normally many people close their long position when the RSI of the counters go beyond 70 or more , but  in my point of view is that watch it closely , set stop loss , let your profit grows , it may last for quite a long period before changing trend n come down . Remember if the RSI maintains above 70 , do not close your long position too early  , because the share price could go up alot more until  the RSI divergent . dealer0168      ( Date: 24-Jul-2009 18:54) Posted: Hi Bintang, if Overbought ,will there be a slight correction first b4 Epure progress again.

 

Hi , dealer0168 , if we mention about overbought , it means the indicator ,  RSI goes  beyond 70 ,  normally many people close their long position when the RSI of the counters go beyond 70 or more , but  in my point of view is that watch it closely , set stop loss , let your profit grows , it may last for quite a long period before changing trend n come down . Remember if the RSI maintains above 70 , do not close your long position too early  , because the share price could go up alot more until  the RSI divergent .

dealer0168      ( Date: 24-Jul-2009 18:54) Posted: Hi Bintang, if Overbought ,will there be a slight correction first b4 Epure progress again.

 

Ooo ok. Next week is time....

Bintang      ( Date: 24-Jul-2009 19:44) Posted: Epure ran up yesterday n hit the channel resistance at 57.5 cents , it tested 57.5 cents again today , it took a breather n went down again testing the previous high turned support at 54.5 cents , then closed at the mid - point at 55.5 cents . If in  next week trading  , it could go into overbought position n maintain the high volume , it may go higher to reach the target at 64 cents . dealer0168      ( Date: 24-Jul-2009 18:55) Posted: Btw the progress i mean is upwards progress...

 

Epure ran up yesterday n hit the channel resistance at 57.5 cents , it tested 57.5 cents again today , it took a breather n went down again testing the previous high turned support at 54.5 cents , then closed at the mid - point at 55.5 cents . If in  next week trading  , it could go into overbought position n maintain the high volume , it may go higher to reach the target at 64 cents .

dealer0168      ( Date: 24-Jul-2009 18:55) Posted: Btw the progress i mean is upwards progress.... dealer0168      ( Date: 24-Jul-2009 18:54) Posted: Hi Bintang, if Overbought ,will there be a slight correction first b4 Epure progress again.

 

Btw the progress i mean is upwards progress....

dealer0168      ( Date: 24-Jul-2009 18:54) Posted: Hi Bintang, if Overbought ,will there be a slight correction first b4 Epure progress again.

 

Hi Bintang, if Overbought ,will there be a slight correction first b4 Epure progress again.

 

now all vol u see 70% belong to mid cap and pennies.

if u dont start to buy , buy later with less profit. Initial stage is the most profitable for penny.

 

 

 

58 cents is now a short term resistance where  also  the upper Bollinger band weekly is located . But could be broke if the volume would increase together with  the share  price surging . then it would lead to  a explosion in the share price . Because Bollinger band would become a pushing force to power the share price higher if the share price goes beyond  the Bollinger bands .

dealer0168      ( Date: 23-Jul-2009 16:49) Posted: May re-enter again.....wait for chance again. Btw Bintang, will 0.58 (52 weeks high) post a resistance latter on fr Epure. Bintang      ( Date: 23-Jul-2009 16:00) Posted: +DI n -DI has crossed positively n ADX  is still surging , RSI is still below 70 which is not overbought , now the support is at 54.5 cents .

 

Today is a PENNY Stock day. Lots of penny stock up. Not good time to buy, some other day than buy again.

Anyway Epure 2 Qtr come around mid Aug, still got time.....

Hope still got opportunity to pick it up at good price. A good stock.

 

May re-enter again.....wait for chance again. Btw Bintang, will 0.58 (52 weeks high) post a resistance latter on fr Epure.

Bintang      ( Date: 23-Jul-2009 16:00) Posted: +DI n -DI has crossed positively n ADX  is still surging , RSI is still below 70 which is not overbought , now the support is at 54.5 cents .

 

+DI n -DI has crossed positively n ADX  is still surging , RSI is still below 70 which is not overbought , now the support is at 54.5 cents .

 

ride the breakout..until it is exhausted..(vol dissipating..)

ozone2002      ( Date: 23-Jul-2009 14:24) Posted: n WE have breakout!!! 55c!..

 

$0.64 might be the next  resistance .

ozone2002      ( Date: 06-Jul-2009 10:30) Posted: DBS issued a report TP $0.64. Tell u these are sly guys..they buy 1st them issue report after they buy.. through the charts u can detect any buyin/sellin activity..

 

Do not sell too early if the price goes outside thr Bollinger band , must wait till it comes in the band n goes out again , then at the second attempt n fails to go outside again , then check with other indicators before confirm the turn around to sell , but set stop loss at this stage is advisable .

Bintang      ( Date: 23-Jul-2009 15:23) Posted: Epure is now out of the Bollinger band , but in weekly chart , the upper Bollinger band is at 58 cents  , so may be it could go up further .Although it breaks new high with not high volume , but with this weekly closing candle stick , it fulfils the 4 weeks 's rule , which means it would continue the uptrend to the next resistance . watergate      ( Date: 23-Jul-2009 14:36) Posted: If it is out of bollinger band, does it mean it time to sell?

 

Haha should not sell earlier...aiya. Btw, i think the price may not be sustainable at too high today. Alot of people are selling.

 

 

Epure is now out of the Bollinger band , but in weekly chart , the upper Bollinger band is at 58 cents  , so may be it could go up further .Although it breaks new high with not high volume , but with this weekly closing candle stick , it fulfils the 4 weeks 's rule , which means it would continue the uptrend to the next resistance .

watergate      ( Date: 23-Jul-2009 14:36) Posted: If it is out of bollinger band, does it mean it time to sell?

 

If it is out of bollinger band, does it mean it time to sell?

 

n WE have breakout!!! 55c!..

 

hyflux broke.