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41-60 of 99
Profit taking today cos it rose too high too fast .... Let's see if its listing in Nasdaq close + or - tonite,
Be cautious on this counter... although I think there could be some more upside, I believe it may be undergoing a trend reversal soon.
Looks like it is taking the wrong direction despite Nasdaq's up, Billywows. This is contrary to the research provided by the researchers as well. This stock should be heading north. Could be due to profit taking.
This counter closed up 5.1% in its Nasdaq listing last nite with huge volume .... Hope to see 1.33 - 1.35 today in SGX! Or maybe higher due to its upgrade yesterday.
Thanks for the analysts' info below, Jasjasjas ... :)
With its current chionging, I believe it will go above its 52-week high of 1.42 by next month. This is my opinion only and not an indication to urge a buy. Trade with care ya!
This counter up 5.8% today in SGX .... Its Nasdaq's listing is following its footstep now - up 4.8% now.
cashiertan, i think this counter will dip further when the force selling come...
Thank you Cashiertan for your reply to Lamb. It is very enlightening. I will wait to enter after the correction....
Just used my poems charting for more proper analysis,
If yesterday correction didnt happen, If i am holding this counters, i would have exited half at yesterday closing. Would have exited all either today or tomolo. By rite, today and the next few days should be the climax peak.
What u think?
Lamb,
this stock look bullish to me in TA but as we noe, Overrall market condition will affect 95% of the counters thus, it will be a bet that statschp will rise or dip:
Rise:
ppl may exit other counters to enter Statschp as it is the Light among the darkness now
TA wise, it is suppose to hit 1.27 min or more, most TA indicators are pointing north
Volume are strong yest, thus those entered may not want to cash out..
Dip:
Market sentiments. Unless there is some "unrevealed" good news, it should follow the crowd.
Thou it is suppose to go higher, profit is still limited in the Short short term, thus ppl will out of fear rather than greed to take profit since the counters has rallied alot..
39 mil shares are done at 1.08-1.13 while only 30 mil shares are done at 1.2+. there is a obvious decline in volume..
Conclusion: Normally, the counter should correct to follow the general market trend thus i am heavier on it to dip to 1.14 or below over this few days
Survived in Nasdaq's 2.2% dip last nite - StatschP up 2.6% in Nasdaq! Let's see its performance in SGX today .... should be a dip :(
On strong uptrend now
cashiertan, do u think this counter will dip to 1.14 again for the next few days?
This counter may hit 1.27/8 dip tomolo before consolidation for surging to 1.36/7, may even surge to 1.4 and abv.
Am still holding till its Q4 earnings due out in January .... Risky but exciting!
Just off load at $1.24.
It has been shooting-up at a very fast pace for past few sessions. Those who are more daring can still hang-on to it.
For me, I will wait for correction before going in again. Cheers !
Full throttle at 1.21 ... Volume surging now! Think the so-called "target price" is 1.30plus. Trade with care ya!