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tedlim_me
    12-Jun-2009 11:56  
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any supporting arguments to support ur view?

newtothis      ( Date: 12-Jun-2009 11:54) Posted:



it does shows that people are willing to buy at the seller's price. It happens all the time when the share is bullish "going up"

However, China hongx is not going to cheong as some experts think. It is not as bullish as you every think...... its very dangerous share to touch.

 
 
newtothis
    12-Jun-2009 11:54  
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it does shows that people are willing to buy at the seller's price. It happens all the time when the share is bullish "going up"

However, China hongx is not going to cheong as some experts think. It is not as bullish as you every think...... its very dangerous share to touch.
 
 
syrix11
    12-Jun-2009 11:49  
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hi richtan,

from your statement "sell volume shows buyer snapping from the seller queue", does that mean that if sell vol is higher than buy vol, it signal bullish since buyers are more willing to buy at seller's price? 



richtan      ( Date: 12-Jun-2009 11:00) Posted:

Besides looking at the "Time n Sales", u should also take a look at "Trade Summary" at end of  day n compare the sell volume vs buy volume, sell volume shows buyer snapping from the seller queue n vice versa besides looking at the weekly volume compared to past few weeks weekly volume.

richtan      ( Date: 11-Jun-2009 23:35) Posted:

Let me teach u the rope of the trade (trick).

Do not just simply look at the volume today, wait till tomoro close n see the total volume cf to last few weeks volume, see my weekly chart below. 

Learn to look at things in perspective n not be tricked.

Sometimes, the daily volume can be misleading, the volume could be up with prices uncahnged or up but someone tries to play punk n purposely push down towards the close to make it look like down on heavy volume.

Btw, at the end of day, nothing is cast in stones,n charts are not holy grail, so still dyodd, make informed decision n if necessary, if hit your stop-loss, dun hesistate to cut loss n live with your decision should it later bounce back above your cut-loss as nothing is perfect.



 

 
richtan
    12-Jun-2009 11:00  
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Besides looking at the "Time n Sales", u should also take a look at "Trade Summary" at end of  day n compare the sell volume vs buy volume, sell volume shows buyer snapping from the seller queue n vice versa besides looking at the weekly volume compared to past few weeks weekly volume.

richtan      ( Date: 11-Jun-2009 23:35) Posted:

Let me teach u the rope of the trade (trick).

Do not just simply look at the volume today, wait till tomoro close n see the total volume cf to last few weeks volume, see my weekly chart below. 

Learn to look at things in perspective n not be tricked.

Sometimes, the daily volume can be misleading, the volume could be up with prices uncahnged or up but someone tries to play punk n purposely push down towards the close to make it look like down on heavy volume.

Btw, at the end of day, nothing is cast in stones,n charts are not holy grail, so still dyodd, make informed decision n if necessary, if hit your stop-loss, dun hesistate to cut loss n live with your decision should it later bounce back above your cut-loss as nothing is perfect.



baby88      ( Date: 11-Jun-2009 23:12) Posted:

Thanx. The volume of this counter surged significantly today with price dropped. What do this implies ?

Moreover, the volume is actually built up by a few big transactions only. Like 6000 lots, 3000 lots ... this few transactions brought the counter to Top 10 Volume Counters. Is this healthy?



 
 
richtan
    12-Jun-2009 10:52  
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hohokit
    12-Jun-2009 10:34  
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Celestial with such news,price still better than China Hongx and China Sports.Smiley

 
 

 
richtan
    12-Jun-2009 00:54  
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We shall see whether your prediction comes true or not tomoro.

Btw, I m speaking on behalf of all fellow forumers n sincerely request n appreciate if u can kindly use small caps as big caps equate to shouting (unspoken & unwritten rule, generally accepted n agreed) n also makes your posting more readable.



louis_leecs      ( Date: 12-Jun-2009 00:06) Posted:

I PREDICTS THE BOMD START FROM S SHARE TOMOROW,,,,,PREDICT THAT TRIGGER THE S SHARE,SO BECAREFUL,IM TOTALLY CLOSE MY RADAR FROM CHINA S SHARE,,,,,,,,,,,IM SCARY AKAN DATANG,,,,,,,,,,,,,,,,,,,,CELESTRIAL CASE BETTER TAKE IT A LEASON,,,,,,,,,,,,,,,,,,,,,,XIAM,,,,,,,,CAUSION

 
 
louis_leecs
    12-Jun-2009 00:06  
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I PREDICTS THE BOMD START FROM S SHARE TOMOROW,,,,,PREDICT THAT TRIGGER THE S SHARE,SO BECAREFUL,IM TOTALLY CLOSE MY RADAR FROM CHINA S SHARE,,,,,,,,,,,IM SCARY AKAN DATANG,,,,,,,,,,,,,,,,,,,,CELESTRIAL CASE BETTER TAKE IT A LEASON,,,,,,,,,,,,,,,,,,,,,,XIAM,,,,,,,,CAUSION
 
 
baby88
    11-Jun-2009 23:43  
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Thanks

DnApeh      ( Date: 11-Jun-2009 23:37) Posted:

Agreed, Friday 4.30pm is most important part of trading week.

richtan      ( Date: 11-Jun-2009 23:35) Posted:

Let me teach u the rope of the trade (trick).

Do not just simply look at the volume today, wait till tomoro close n see the total volume cf to last few weeks volume, see my weekly chart below. 

Learn to look at things in perspective n not be tricked.

Sometimes, the daily volume can be misleading, the volume could be up with prices uncahnged or up but someone tries to play punk n purposely push down towards the close to make it look like down on heavy volume.

Btw, at the end of day, nothing is cast in stones,n charts are not holy grail, so still dyodd, make informed decision n if necessary, if hit your stop-loss, dun hesistate to cut loss n live with your decision should it later bounce back above your cut-loss as nothing is perfect.



 
 
DnApeh
    11-Jun-2009 23:37  
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Agreed, Friday 4.30pm is most important part of trading week.

richtan      ( Date: 11-Jun-2009 23:35) Posted:

Let me teach u the rope of the trade (trick).

Do not just simply look at the volume today, wait till tomoro close n see the total volume cf to last few weeks volume, see my weekly chart below. 

Learn to look at things in perspective n not be tricked.

Sometimes, the daily volume can be misleading, the volume could be up with prices uncahnged or up but someone tries to play punk n purposely push down towards the close to make it look like down on heavy volume.

Btw, at the end of day, nothing is cast in stones,n charts are not holy grail, so still dyodd, make informed decision n if necessary, if hit your stop-loss, dun hesistate to cut loss n live with your decision should it later bounce back above your cut-loss as nothing is perfect.



baby88      ( Date: 11-Jun-2009 23:12) Posted:

Thanx. The volume of this counter surged significantly today with price dropped. What do this implies ?

Moreover, the volume is actually built up by a few big transactions only. Like 6000 lots, 3000 lots ... this few transactions brought the counter to Top 10 Volume Counters. Is this healthy?



 

 
richtan
    11-Jun-2009 23:35  
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Let me teach u the rope of the trade (trick).

Do not just simply look at the volume today, wait till tomoro close n see the total volume cf to last few weeks volume, see my weekly chart below. 

Learn to look at things in perspective n not be tricked.

Sometimes, the daily volume can be misleading, the volume could be up with prices uncahnged or up but someone tries to play punk n purposely push down towards the close to make it look like down on heavy volume.

Btw, at the end of day, nothing is cast in stones,n charts are not holy grail, so still dyodd, make informed decision n if necessary, if hit your stop-loss, dun hesistate to cut loss n live with your decision should it later bounce back above your cut-loss as nothing is perfect.



baby88      ( Date: 11-Jun-2009 23:12) Posted:

Thanx. The volume of this counter surged significantly today with price dropped. What do this implies ?

Moreover, the volume is actually built up by a few big transactions only. Like 6000 lots, 3000 lots ... this few transactions brought the counter to Top 10 Volume Counters. Is this healthy?



baby88      ( Date: 11-Jun-2009 17:10) Posted:

Dear ALL, I am new here. Just wondering why the price at 16:59 is 0.185; however it turned to 0.180 at 17:05 with 3,488,000 unit sold down. Can they trade after market closed at 17:00 ???


 
 
DnApeh
    11-Jun-2009 23:26  
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Factor in liao lah

louis_leecs      ( Date: 11-Jun-2009 23:24) Posted:

BIG BOMD TO CHINA COUNTER,,,,,,,,,,,,,,,LUCKY I SHOW HAND MY SINO ENVIROMENT,,,,,,,,,,,,,,,,,,BIG BOMD CHINA CELESTRIAL CANNOT PAY TO BOND HOLDER,,,,,,,,,,,,,,,,,,,,,SO PRAY HARD

 
 
louis_leecs
    11-Jun-2009 23:24  
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BIG BOMD TO CHINA COUNTER,,,,,,,,,,,,,,,LUCKY I SHOW HAND MY SINO ENVIROMENT,,,,,,,,,,,,,,,,,,BIG BOMD CHINA CELESTRIAL CANNOT PAY TO BOND HOLDER,,,,,,,,,,,,,,,,,,,,,SO PRAY HARD
 
 
baby88
    11-Jun-2009 23:12  
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Thanx. The volume of this counter surged significantly today with price dropped. What do this implies ?

Moreover, the volume is actually built up by a few big transactions only. Like 6000 lots, 3000 lots ... this few transactions brought the counter to Top 10 Volume Counters. Is this healthy?



baby88      ( Date: 11-Jun-2009 17:10) Posted:

Dear ALL, I am new here. Just wondering why the price at 16:59 is 0.185; however it turned to 0.180 at 17:05 with 3,488,000 unit sold down. Can they trade after market closed at 17:00 ???

 
 
weishen81
    11-Jun-2009 22:34  
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Yes i agree too! Sharing knowledge properly is really the best way to learn. The Art Of Trading is really really so profound, but yet SO SO interesting. Yeah, how i hope i have started learning it 10yrs ago when i am 18yrs old rather then till now.... Anyway, cheers to everyone and win with profits for the upcoming weeks!
 

 
richtan
    11-Jun-2009 22:12  
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I m in this forum for quite sometime, so naturally when I see lately more n more new hapless faces making ridiculous unsubstantiated posting without looking at TA n charts, I feel it is my obligations to give back to the forum wat I had benefited from this forum in the hope tat newbies who comes in do not degrade this forum with wild unsubstantiated calls n hopefully newcomers will take the effort to learn TA n read up trading books ( I had posted n recommended some good books n Free tutorial TA websites) n in future, can contiribute to this forum for the benefit of all forumers.

Lets share our knowledge n prosper together.



tedlim_me      ( Date: 11-Jun-2009 21:40) Posted:

thanks richtan.. ur eagerness to get ur msg across and educate us can really be felt.. appreciate it..

 

in any case, i'm vested here.. hope it goes up!  



richtan      ( Date: 11-Jun-2009 21:35) Posted:



Do not just look at the daily chart, always also look further timeframe like weekly n monthly chart.

Looking at the weekly candlestick chart shows a flagpole n pennant with support at 17.5 followed by 16.

Considering tat it had risen from a low of 5.5 to the recent high of  22.5, it is reasonable for it to correct to the support unless the last barrier support at 16 gave way.

In any case, this is my analysis, dyodd.


 
 
richtan
    11-Jun-2009 22:03  
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Do not short blindly unless u are convinced after looking at the daily n weekly charts.

It is your money, so dyodd



RiseNFall      ( Date: 11-Jun-2009 21:54) Posted:

China Hongx -- Top List to short

 
 
RiseNFall
    11-Jun-2009 21:54  
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China Hongx -- Top List to short
 
 
richtan
    11-Jun-2009 21:46  
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richtan      ( Date: 11-Jun-2009 21:35) Posted:



Do not just look at the daily chart, always also look further timeframe like weekly n monthly chart.

Looking at the weekly candlestick chart shows a flagpole n pennant with support at 17.5 followed by 16.

Considering tat it had risen from a low of 5.5 to the recent high of  22.5, it is reasonable for it to correct to the support unless the last barrier support at 16 gave way.

In any case, this is my analysis, dyodd.

 
 
tedlim_me
    11-Jun-2009 21:40  
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thanks richtan.. ur eagerness to get ur msg across and educate us can really be felt.. appreciate it..

 

in any case, i'm vested here.. hope it goes up!  



richtan      ( Date: 11-Jun-2009 21:35) Posted:



Do not just look at the daily chart, always also look further timeframe like weekly n monthly chart.

Looking at the weekly candlestick chart shows a flagpole n pennant with support at 17.5 followed by 16.

Considering tat it had risen from a low of 5.5 to the recent high of  22.5, it is reasonable for it to correct to the support unless the last barrier support at 16 gave way.

In any case, this is my analysis, dyodd.

 
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