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todays newspaper report poor sentiments on electronics output. Q4 should be seasonal strength in electronics though. let's hope this will be a great christmas!
The fall yesterday was accelerated due to poor market sentiment, otherwise it won't retreat so soon to 1.13.
Let it settle on the support first.
I think that JurTech could be on uptrend now.
But the current massive selldown today affected most stocks. Wait a couple of days to see.
But the current massive selldown today affected most stocks. Wait a couple of days to see.
Singaporegal, what's your take on this?
never average down my friend. i wonder which idiot teach people to average down.. dumb ass those ppl.
imagine this. a knife is dropping off your table, do u catch it while it is falling or u wait for it to rest on the floor before picking it up again?
i would choose the latter...
I started buying at $1.83 in May 06 and bought more, and more, and more to average down. Now my average cost is $1.25. Since many of you are bullish, it gives me the added confidence.
my target price for this counter is $2.1 reachable by end of june.
Hi BULLBEAR
Its exciting to know JurTech is likely to go down to 0.925. Am waiting to go in at this level.
At the same time, quite sad at those who bought in high. However if target price is 1.26, do hold on and let go the minute it touches the magic figure or even before it touches this number.
1.13 was the previous support which became a resistance. once broken, it became a support again..
hi maxsyn, you're on target! It really retreats to 1.13. What info you rely to come to this opinion? Anyway, thanks for your comments.
STOCK CALL: Jurong Technologies shares will likely weaken in the short term, which presents an opportunity to accumulate on weakness for the intermediate up trend. target price is S$1.26, with support at S$0.925, as the fast MACD has reversed and cut from below its 7-day exponential line to confirm a trend reversal. Also, indicators are bullish signals for an intermediate up trend.
doji signal, uncertainty, if open higher on monday, it should hit 1.20, otherwise it may retreat slowly to $1.13.
Hi singaporegal, there was a bn 1:10 ex 30/05/06, any idea what was the price before ex and after ex? thank you in advance
Looks Bullish from TA charts
Just bought some more today at $1.17 to accumulate into my core holdings.
each cycle lasts about 3 to 4 weeks. up fast and fall slowly.
Follow the wave can have some lunch money. Good luck.
I also sold part of holdings at $1.18 although my average is $1.25 ......
Also taken "kopi" money yesterday for 20 lots bought the day before..will
ADX cross over, uptrend but 1.15 is the resistance.
took profit this afternoon.
Jurong Tech has started to move up to $1.15 today, due to high volumes, and looks likely to head further north.
Apparently, the company have secured additional new customers
Apparently, the company have secured additional new customers