STATS ChipPAC   

STATSChP

My advise's still e same.

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Note: StatsChP close 0.370 as @ 09-Jul-2013.

Bon3260      ( Date: 21-Nov-2012 09:36) Posted: If u found StatsChP oredi v cheap & can buy & hold. Can start 2 buy now... ('',) Note: StatsChP close 0.295 as @ 20-Nov-2012.

 

Am I rite my dear Sohpia?

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Bon3260      ( Date: 10-Jul-2013 09:38) Posted: Now got buyer used 0.370 buy from you. My advise is better sell. Cause after StatsChP's Q2 result out. It will drop till 0.260.

 

Now got buyer used 0.370 buy from you. My advise is better sell. Cause after StatsChP's Q2 result out. It will drop till 0.260.

 

Very sorry, again earned some pocket money for shorts selling. I have been asking people sell sell sell.

StatsChP will become potato chips 0.090 per piece.

 

Tomorrow sure open 0.370 close 0.365 worst 0.360. Already set buy 0.365 for tomorrow to cover my shorts at 0.375.
Always remember, sell when rebound. When hit 0.260, by that time already too late.

Sophia      ( Date: 08-Jul-2013 10:20) Posted: Come come 0.365 please... Sophia      ( Date: 05-Jul-2013 16:05) Posted: Shorts 0.375. Cause they are running at 0.375 again. Hahahaa.

 

Come come 0.365 please...

Sophia      ( Date: 05-Jul-2013 16:05) Posted: Shorts 0.375. Cause they are running at 0.375 again. Hahahaa.

 

err..i tot all time low for Stats was 0.29..since when there is a gap at 0.26? and 9cts???

Sophia      ( Date: 05-Jul-2013 08:49) Posted: There is a gap to fill at 0.260 which  StatsChP did not fill during Nov2012. After Q2 result I guess it will fill. But after filled 0.260, it will rebound till 0.300. Then from there 0.300 slowly  drop till 0.180. And then fill another gap at 0.090. Do not against the chart. Always remember, sell when rebound. Cause even StatsChP has good news also no use...   You said how I shorts? On the 29-May-2013, they already shorts selling 443 lots at 0.435... (You can check SGX.)   29-May-13 (WED) 28-May-13 (TUE) C 0.400 O 0.410 H 0.445 L 0.410 C 0.420 Last night good news. Last Trades Vol BuyVol Mid SellVol 0.41 41 704 704 0 0 0.415 69 1,168 355 0 813 0.42 135 3,767 1,153 0 2,614 B 20 0.425 116 3,085 1,231 0 1,854 0.43 131 2,503 1,651 0 852 0.435 409 8,061 5,095 0 2,966 Big Boys shorts 443 lots 0.44 158 5,905 1,753 469 3,683 0.445 70 2,036 0 0 2,036 TOTAL 1,129 27,229 11,942 469 14,818   th_iamy      ( Date: 04-Jul-2013 19:36) Posted: Hi Sophia, I wonder how you shorts sell Statschp  at this price and  the average volume is less  than a thousand lots. unless you are one of the BB,  But you sound so amateur and childish, so I doubt you are BB. Hahaha.

 

PM you.

CraigFoo      ( Date: 05-Jul-2013 17:16) Posted: Good luck with the shorts.. Majority of the money has already been made if you are shorting this counter. Those who held after Temasek launched a takeover offer all suffered beyond hope. Watch the trend instead of just focusing on the daily movement. Stock bottomed out in Nov 2012 and surged strongly to 0.535. It has since corrected for 2months to $0.35. Today's move may just be a start of another bullish trend up. Of cos, Im vested. Octavia, i like to hear your views too. Maybe you can PM me if possible. Will appreciate.

 

StatsChipPac Technical Analysis is showing signs of a possible bullish move. Here’s the weekly chart of StatsChipPac  that goes back to June 2010. StatsChipPac made a high of 1.51 in Oct 2010 and then the price started to slide down all the way to a low of 0.29 registered in Nov 2012. The price has since recovered to 0.535 before going into a corrective trend channel.There are a few points to note in the weekly chart. First is the volume. The volume has been low all the way from the high of 1.51 to the low of 0.29. Just prior to hitting the low of 0.29, there was a strong rise in price and this was with heavy volume.

Right after it hit the low of 0.29, the price surged swiftly and this price surge is once again with heavy volume. Relatively, the volume in this second price rise was heavier than the first one. This is an indication of strong buying in StatsChipPac.

Next, we take a look at the Daily Chart of  StatsChipPac. Here we can have a closer look at the price action of  StatsChipPac since Nov 2012 when it hit the low of 0.29. The price rise that followed is impulsive in nature as it is confirmed by the MACD as well as volume. A lot of price gaps appeared which means that the buying was genuine. This rise in price was then followed by the correction which is still progressing. As evidenced from the chart, the correction is choppy in nature with a lot of overlaps. The MACD is flat and the volume is much lower than the volume on the way up.

This points to a potential bullish setup for  StatsChipPac. According to Elliott Wave Principle, a five wave impulsive move that is followed by a corrective wave will in turn be followed by another set of five wave impulsive move. The second set of the five wave move minimally will be equal to the price length of the first five wave move. In a strong bullish setup, it could rise as high as 1.618 times the first set of five waves.

As the price action on  StatsChipPac is currently bounded by a trend channel, it also provides for a good price guide. A breakout of the trend channel with volume and in an impulsive fashion to the upside would be the signal of the start of the next bullish wave. The price could break the trend channel to the downside as well and that would be a bearish situation. That is the reason why it is better to wait for a clear break out of the trend channel before taking up a position.

For investors who are already invested in  STATSChipPac, it is probably better to hold first as the price is at the bottom of the trend channel and the chance of going up is higher. Also, the price has gone slightly below the 61.8% Fib level of the rise from 0.29 to 0.535. The 61.8% Fib retracement is a normal retracement level (though it can go lower to the 78.6% Fib level at 0.34) and this too points to a higher chance of going up from here.

 

Good luck with the shorts.. Majority of the money has already been made if you are shorting this counter. Those who held after Temasek launched a takeover offer all suffered beyond hope. Watch the trend instead of just focusing on the daily movement. Stock bottomed out in Nov 2012 and surged strongly to 0.535. It has since corrected for 2months to $0.35. Today's move may just be a start of another bullish trend up. Of cos, Im vested. Octavia, i like to hear your views too. Maybe you can PM me if possible. Will appreciate.

 

Sista, I PM you shortly.

halleluyah      ( Date: 05-Jul-2013 16:16) Posted: Bor Octavia, r u in tis potato chips ??? Is it gd to enter now?? Octavia      ( Date: 05-Jul-2013 16:14) Posted: More buy up then sell today in anticipation of a good close on Dow tonite. Dow future is +ve,I think Monday should hit 38c.Better cover yr shots.lo

 

Bor Octavia, r u in tis potato chips ??? Is it gd to enter now??

Octavia      ( Date: 05-Jul-2013 16:14) Posted: More buy up then sell today in anticipation of a good close on Dow tonite. Dow future is +ve,I think Monday should hit 38c.Better cover yr shots.lol Sophia      ( Date: 05-Jul-2013 16:05) Posted: Shorts 0.375. Cause they are running at 0.375 again. Hahahaa.

 

More buy up then sell today in anticipation of a good close on Dow tonite.

Dow future is +ve,I think Monday should hit 38c.Better cover yr shots.lol

Sophia      ( Date: 05-Jul-2013 16:05) Posted: Shorts 0.375. Cause they are running at 0.375 again. Hahahaa.

 

Shorts 0.375. Cause they are running at 0.375 again. Hahahaa.

 

When there are buyers, there will be sellers mah.

Sorry my system  cant see whose trade it belongs.

Sophia      ( Date: 05-Jul-2013 11:31) Posted: You did not notice now, when L& T buying 0.375. DMG always sell at 0.375??? Octavia      ( Date: 05-Jul-2013 11:26) Posted: Yr crystal ball is right for 1 or 2 times but not all the time.lol

 

My guess is when one is still shorting this counter at this price range, the real intention probably is to collect more. Other than gaps in technical analysis, the stock has some fundamental value at this level. The drop from high 0.535 to 0.35 is a good correction. Provides a good base for the uptrend move up.

 

You did not notice now, when L& T buying 0.375. DMG always sell at 0.375???

Octavia      ( Date: 05-Jul-2013 11:26) Posted: Yr crystal ball is right for 1 or 2 times but not all the time.lol

 

Yr crystal ball is right for 1 or 2 times but not all the time.lol

 

 

Later we will see DMG one-short sell down 0.360.

 

I repeat, sell when rebound. It is a trap.

Since 0.345 can not close today. It will close 0.360.