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I'd called very early to buy mermaid around 40 cents , after several weeks later then they made a buy call around 60 cents and with a target of 80 cents , do u want to take the risk ? Don't fall into the trap .
I got the information from the local chinese paper Lianhe Zaobao , can someone who is the client of DBS provides the link ?
Hi Bintang, can help provide the link on the buy call from DBS for Mermaid. Thanks.
Bintang ( Date: 13-Jun-2009 14:24) Posted:
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Dear cheongwee , remember to take profit on mermaid which just had a buy call from DBS , I don't think the bank will give u free lunch .
thank to bintang for great call........manage tobuy 46.5c 50 lots.. for the call.........hope all huat haut ......
and thank god for manage to only clear half at mermaid..the ohter half is more $ on the way.....
Bintang ( Date: 13-Jun-2009 14:09) Posted:
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If we look at the weekly chart of Epure , the share price has just broken out of the medium term uptrend channel this week , this trend was started from the lowest point of 16.5 cents to the second lowest point of 25 cents which formed the upward trendline . The indicators like RSI , MACD ,William %R , Stochastic Oscillator ,Relative Volatility Index etc, are all at their top forms , all these are suggesting that the trend would continue in the same direction in the coming week . By measurement , the price might go up to 70 cents .
0.57 is a critical resistance. Needs to breach this level with high volume otherwise it may bounce off.
Ok, thanks for the answer Bintang. 
Bintang ( Date: 12-Jun-2009 21:19) Posted:
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Epure is in the uptrend channel , the upper trendline will stop the price to advance on the next trading day at 57.5 cents , if the price could cross this point with high volume , then the target price would be 66 cents . This is my guessing .
What is the TP for this baby? Anyone can provide. Thanks..
Epure 's volume was quite high today compare to the average daily volume , but if u take a look at DEMAND INDEX , it is not that promising , it is not at its top form , that means it is still not in great demand , so this counter may need a few more sessions to build a more stronger base before going into surging .
ok ..just got another 60 lots ...hope hjuat ahhhhhhhh.
today bought more of tis counter..have observe some smart movement here...not calling..DYODD.
end up buy more here than mermaid....
strong healthy vol today.. poised for further upside..
DYODD
It is very healthy and necessary to have correction intra day , in order to move foreward without resistant , it does the correction almost any single bid without fail . The faster the price shoot up , the sooner to cause the price to retreat . So a sustainable up trend must be firm and steady , then it could withstand the sudden set back . Epure recent resistant at 52 cents now turn into support , so this could be another base for moving forward .
If today can clear the 54.5 cents , then it will be easy to hit the next target . So must hold till the closing then can decide . Any way , the weekly chart looks more positive .
Yeah I noticed this moves like Mermaid as well so I donno if I should sell ard 0.545 and buy back on weakness then go in for round 2 when they flush out the weak holders. So far still hard to tell. I scared sell at 0.545 it rush to 0.575 grrr
It's possible to close at the highest point today because all the short positions has well absorbed .
Epure opens with a gap of half cent , could go to 57.5 cents if the gap not closed today .
54c!~..smoking!..another few thousand bucks coming my way..:)