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VibroPower closed at $0.066, quite bullish, anyone entered it> ?

 

Bro SC, understood better now what you are saying. So if I want to consider when to load up more, it's better to wait and see whether it'll break the 360 resistance? And because the next resistance of 375 is so close to 360, ie, no meat if I buy at 365, I better wait to see if there's enough power to test 375 .

If it breaks 375, then it's tok chiang! tok tok chiang!

Stockcham      ( Date: 01-Oct-2013 23:50) Posted: The first resistance is at 355 & 360. The closing price for the uptrend day is the main resistance. The closing price is always the main resistance. If the counter close above the previous closing price, then the day high becomes the main resistance. Today it closed below the resistance price of 355. I don't think it will break the resistance so easily. Probably will take a short rest before it gather enough power to hoot through both resistance n test 375. spss1955      ( Date: 01-Oct-2013 23:03) Posted: Anyone watching Sysma? Only noticed it chiong late this afternoon and entered at 33. Wasn't sure at first whether can chiong higher, that's why didn't post immediately after I entered. After dinner, studied the chart closely and found this. Saw a hammer on Fri and supported by 20 MA. Reversal trend confirmed on Mon when it opened and closed above Fri close. Then it shot up today. Resistance is 37.5. Think if opens tomorrow at 35/36, can enter some more. If it breaks resistance, the sky the limit. This is my 1st attempt at reading the chart and stating my position. Any sifus in this thread are welcome to challenge and poke holes in it. That's part of my learning in this thread.

 

  Amplefield looks like bullish engulfing!!! looks really really good leh

Stockcham      ( Date: 01-Oct-2013 19:39) Posted: Today's market closed quite good. Even the 2 kena curb counters managed to close green. I think peoples are immune to curbs now. Have to see how the market close tomorrow and the volume. For me, tomorrow I may or may not trade(Don't know can tahan or not...my hand very itchy liao...lol). Even if I want to trade, I will only buy Amplefield. As I have said this counter BBs support is strong. Almost everyday close up a little bit. Today close at  a critical price of  81. This is a tough resistance previously. The other time it break it intraday but end up close below it. Now it is interesting to see what will happen tomorrow. I bet that if Dow close green tonight, this one should gap up and the big sell queue will be line up all the way to 90. We shall monitor this and see what we can learn from this counter. Before anyone thought of chiong in tomorrow if Dow green, it will be good to hear  Bro joseeng's view on the market direction. He is the discipline master here. Better hear him out. Huat ah!

 

Agree with you totally, that's what I learnt too. Buy the stronger stocks faster than those from support unless it's the stable kind. Missed China Env but still holding Blumont & Asiasons, don't know when to sell yet, just let the profit run.   These 2 really typical examples of high gets higher!

Thanks for all your guidance, really learn a lot although I seldom post, too busy! 

 

Stockcham      ( Date: 01-Oct-2013 23:26) Posted: Bro, this one I don't quite agree. Buy when it hit all time high because there is no resistance. When a counter hit all time high, it can move faster n higher. If buy at support price, there are too many resistance to break n it takes a long time to go higher. When the price moves up, those peoples who are stuck at high previously are waiting to sell as the price move up. Now the question is how high is consider high. When Blumont is at ChinaEnv's price, is it high?. When it moves to OKH's price, is it high? . When it moves to REX's price, is it high?. In my opinion, when a counter hit all time high, there are lots of meat. During my TA class many years ago, the lecturer taught us....high can go higher & low can go lower. After years of trading, I fully agree with his statement n I hold this till today. My personal thoughts is that buy stocks with potential n at the same time BBs like it. Just my view...Huat ah! iluvboost      ( Date: 01-Oct-2013 23:03) Posted: The adage, buy high, sell higher is often used in a bull market, suitable for momentum players, but i find it moderately risky, ie buying Chinaenv, Rex or OKH at high, yes its going higher...but the meat is little left. the risk of big dip is high. Buy on fear only hold true, if u buy at the bottom or at the U turn point, or the 2nd candle after the u turn point. if buy while its getting lower, its damn risky. buy when the bottom is reached...  ard afternoon i bought weiye ard 84 and GRP 380 when i see some market signals

 

Still short of the ktv ah Lao haven't out yet

 

Tonight very gd leh
Got 2 experts sharing diff view!

 

Noted your advice bro. Will keep it in mind. Now gotta sleep and be alert for tomorrow's trade. Gd nite and sweet dreams.

iluvboost      ( Date: 02-Oct-2013 00:21) Posted: my point is, juz dont hold the baton last... say its a graph from 0-100, i like to play from 0-60, rather than 80-100. hope its clearer this way. iluvboost      ( Date: 02-Oct-2013 00:17) Posted: not say 94 is wrong, some rumour say can go $1.

 

my point is, juz dont hold the baton last... say its a graph from 0-100, i like to play from 0-60, rather than 80-100. hope its clearer this way.

iluvboost      ( Date: 02-Oct-2013 00:17) Posted: not say 94 is wrong, some rumour say can go $1. spss1955      ( Date: 02-Oct-2013 00:10) Posted: Haha, still learning. Buying Rex at 94 is impulsive and I'm paying the price for it. But this does not contradicts bro SC's belief that when a stock hits a all-time high, there's no resistance. I bot Rex at a high of 94 when it didn't clear the all time high of 95. Yep, still a novice..

 

not say 94 is wrong, some rumour say can go $1.

spss1955      ( Date: 02-Oct-2013 00:10) Posted: Haha, still learning. Buying Rex at 94 is impulsive and I'm paying the price for it. But this does not contradicts bro SC's belief that when a stock hits a all-time high, there's no resistance. I bot Rex at a high of 94 when it didn't clear the all time high of 95. Yep, still a novice... iluvboost      ( Date: 01-Oct-2013 23:42) Posted: yeah, thats why u got REX at 94.

 

these 3 counters are the ones that broke all time high, thats why i use them as example. and these ones have retailers stuck inside. some dont know how to SL as quick as u mah! yes the meat is infinity during a euphoria bull market.
they are holding well at the moment, cos BB havent unload. but once BB unload, ie hiaptong & kreuz n dukang, swiber at high, it will dip.

Yes mayb will earn alot more $$ if i park my funds at these, n blumont n asiasons, but i wouldnt touch them at the moment. its juz me la, i dont chase high...

yr contra method works well n ur style is suited for fast moving ones with big moves.. whichever method can earn consistent $$$$ is good already. tio boh? lol

Stockcham      ( Date: 02-Oct-2013 00:05) Posted: Bro, I don't agree OKH, CHINAENV, REX is suitable for momentum players. These 3 counters have been moving up for quite some time. There is no stock that only move up everyday. These 3 counters moved up more n drop a little bit. In these volatile market, these are considered holding very well compared to other counters. Rex's price may look lower at the moment but this is the characteristics of this counter. It can move 10cts in a day. Imagine if you bought these 3 counters when it break its high n hold till now, you would have made a lot compared to those breakout stocks trying to break more resistance. iluvboost      ( Date: 01-Oct-2013 23:41) Posted: yeah i put a disclaimer, buy high,sell higher, works in a bull market. During the euphoria. when we are in volatile market, so it doesnt hold true. it will gostan. one forumer bot Rex at 94, near all time high of 95, then now its 885. Example 2, OKH, all time high 765. some guys bought at 755 on that day. momentum players will say buy buy buy , breaking all time high. then they buy at 755-760 when its hovering there. now is 745. The risk vs reward ratio of it going to 735 is higher than it revisiting 765 and beyond. (in a volatile market like now with the US debt ceiling)   I used to be more a momentum person during the Swiber, Kreuz and Dukang days, but after that i learned something out of it. I agree with your lecturer adage of high can go higher and low can go lower. Yes, its a possibility, but i do factor in risk.of course summing in BB inside , and various other factors.   High can go higher and it will stop. and reverse. same goes with low goes lower and reverse. the reversing process happens frequently in a volatile market, and/or profit taking.  Now i prefer spotting stock before breakouts. reason is it cant gostan much anymore cos its already at a boring support level that has no interest from speculative retailers. it has much higher chance to go up then go down.

 

Haha, still learning. Buying Rex at 94 is impulsive and I'm paying the price for it.
But this does not contradicts bro SC's belief that when a stock hits a all-time high, there's no resistance.
I bot Rex at a high of 94 when it didn't clear the all time high of 95.
Yep, still a novice...

iluvboost      ( Date: 01-Oct-2013 23:42) Posted: yeah, thats why u got REX at 94.. spss1955      ( Date: 01-Oct-2013 23:34) Posted: Yes, agree with you, especially your 1st paragraph

 

Lol.......

novice_trader      ( Date: 01-Oct-2013 23:56) Posted: Aiyo shit... No people beside me to copy.... Lol... Ok ok I will think and revert to u bro!!! Huat ah! If I fail pls don't tell my parents.... Ok??? Hahahaha stockbabe      ( Date: 01-Oct-2013 23:19) Posted: Bro novice, koh cek leow.. Theory exam.. Lol!

 

Bro, I don't agree OKH, CHINAENV, REX is suitable for momentum players. These 3 counters have been moving up for quite some time. There is no stock that only move up everyday. These 3 counters moved up more n drop a little bit. In these volatile market, these are considered holding very well compared to other counters. Rex's price may look lower at the moment but this is the characteristics of this counter. It can move 10cts in a day. Imagine if you bought these 3 counters when it break its high n hold till now, you would have made a lot compared to those breakout stocks trying to break more resistance.

iluvboost      ( Date: 01-Oct-2013 23:41) Posted: yeah i put a disclaimer, buy high,sell higher, works in a bull market. During the euphoria. when we are in volatile market, so it doesnt hold true. it will gostan. one forumer bot Rex at 94, near all time high of 95, then now its 885. Example 2, OKH, all time high 765. some guys bought at 755 on that day. momentum players will say buy buy buy , breaking all time high. then they buy at 755-760 when its hovering there. now is 745. The risk vs reward ratio of it going to 735 is higher than it revisiting 765 and beyond. (in a volatile market like now with the US debt ceiling)   I used to be more a momentum person during the Swiber, Kreuz and Dukang days, but after that i learned something out of it. I agree with your lecturer adage of high can go higher and low can go lower. Yes, its a possibility, but i do factor in risk.of course summing in BB inside , and various other factors.   High can go higher and it will stop. and reverse. same goes with low goes lower and reverse. the reversing process happens frequently in a volatile market, and/or profit taking.  Now i prefer spotting stock before breakouts. reason is it cant gostan much anymore cos its already at a boring support level that has no interest from speculative retailers. it has much higher chance to go up then go down.

 

Thanks for yr comments. Alrdy lying in bed and reading from phone. Will look at the chart early tomorrow morning, keeping your comments in mind.

Stockcham      ( Date: 01-Oct-2013 23:50) Posted: The first resistance is at 355 & 360. The closing price for the uptrend day is the main resistance. The closing price is always the main resistance. If the counter close above the previous closing price, then the day high becomes the main resistance. Today it closed below the resistance price of 355. I don't think it will break the resistance so easily. Probably will take a short rest before it gather enough power to hoot through both resistance n test 375. spss1955      ( Date: 01-Oct-2013 23:03) Posted: Anyone watching Sysma? Only noticed it chiong late this afternoon and entered at 33. Wasn't sure at first whether can chiong higher, that's why didn't post immediately after I entered. After dinner, studied the chart closely and found this. Saw a hammer on Fri and supported by 20 MA. Reversal trend confirmed on Mon when it opened and closed above Fri close. Then it shot up today. Resistance is 37.5. Think if opens tomorrow at 35/36, can enter some more. If it breaks resistance, the sky the limit. This is my 1st attempt at reading the chart and stating my position. Any sifus in this thread are welcome to challenge and poke holes in it. That's part of my learning in this thread.

 

Bro, does contel (now wc) consider as one in your last para ?
Is there a tool to use or channel to see how to spotting stock before breakout? Or is this based on experience gained n seeing the chart to spot it?

iluvboost      ( Date: 01-Oct-2013 23:52) Posted: Metech? Yeah such stocks. I have 3 of such stks in storage for 2 wks already. Simpsons      ( Date: 01-Oct-2013 23:44) Posted: So for your last part, are you referring to a particular stock start with m? Lo

 

Yup ... I cut hankore yesterday too n today it went back up... Zzzz

Simpsons      ( Date: 01-Oct-2013 23:50) Posted: You must be sis rite..lol.. Every stock has a support..once it is broken, cut 1st.. Easier to say but hard to practise it.. In the long run, you will appreciate it.. I bought vard when it was $1.07..and did not sell when it was $1.18..when it announced profit guidance, i am still hopeful..i have total cut liao and i am glad i have done that..

 

Aiyo shit... No people beside me to copy.... Lol... Ok ok I will think and revert to u bro!!! Huat ah! If I fail pls don't tell my parents.... Ok??? Hahahaha

stockbabe      ( Date: 01-Oct-2013 23:19) Posted: Bro novice, koh cek leow.. Theory exam.. Lol! Stockcham      ( Date: 01-Oct-2013 23:06) Posted: Bro, you try to see the chart for these 2 counters and let me know your thoughts first. It has been many months already n I still can't see much improvement from you. You have to start to do your homework bro...lol

 

Metech? Yeah such stocks. I have 3 of such stks in storage for 2 wks already.

Simpsons      ( Date: 01-Oct-2013 23:44) Posted: So for your last part, are you referring to a particular stock start with m? Lol iluvboost      ( Date: 01-Oct-2013 23:41) Posted: yeah i put a disclaimer, buy high,sell higher, works in a bull market. During the euphoria. when we are in volatile market, so it doesnt hold true. it will gostan. one forumer bot Rex at 94, near all time high of 95, then now its 885. Example 2, OKH, all time high 765. some guys bought at 755 on that day. momentum players will say buy buy buy , breaking all time high. then they buy at 755-760 when its hovering there. now is 745. The risk vs reward ratio of it going to 735 is higher than it revisiting 765 and beyond. (in a volatile market like now with the US debt ceiling)   I used to be more a momentum person during the Swiber, Kreuz and Dukang days, but after that i learned something out of it. I agree with your lecturer adage of high can go higher and low can go lower. Yes, its a possibility, but i do factor in risk.of course summing in BB inside , and various other factors.   High can go higher and it will stop. and reverse. same goes with low goes lower and reverse. the reversing process happens frequently in a volatile market, and/or profit taking.  Now i prefer spotting stock before breakouts. reason is it cant gostan much anymore cos its already at a boring support level that has no interest from speculative retailers. it has much higher chance to go up then go down.

 

You must be sis rite..lol..
Every stock has a support..once it is broken, cut 1st..
Easier to say but hard to practise it..
In the long run, you will appreciate it..

I bought vard when it was $1.07..and did not sell when it was $1.18..when it announced profit guidance, i am still hopeful..i have total cut liao and i am glad i have done that..

 

The first resistance is at 355 & 360. The closing price for the uptrend day is the main resistance. The closing price is always the main resistance. If the counter close above the previous closing price, then the day high becomes the main resistance. Today it closed below the resistance price of 355. I don't think it will break the resistance so easily. Probably will take a short rest before it gather enough power to hoot through both resistance n test 375.

spss1955      ( Date: 01-Oct-2013 23:03) Posted: Anyone watching Sysma? Only noticed it chiong late this afternoon and entered at 33. Wasn't sure at first whether can chiong higher, that's why didn't post immediately after I entered. After dinner, studied the chart closely and found this. Saw a hammer on Fri and supported by 20 MA. Reversal trend confirmed on Mon when it opened and closed above Fri close. Then it shot up today. Resistance is 37.5. Think if opens tomorrow at 35/36, can enter some more. If it breaks resistance, the sky the limit. This is my 1st attempt at reading the chart and stating my position. Any sifus in this thread are welcome to challenge and poke holes in it. That's part of my learning in this thread.