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newtothis
    11-Jun-2009 12:11  
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I am a bit scared ... if they have so much cash.... they already started to invest and snap up cheap assets during the first quarter of 2009. Is the money really there ? Check the retain earnings in your FY report its huge.

I will not touch this share till the clouds clear up.
 
 
richtan
    11-Jun-2009 11:49  
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Someone had at 11.33 am again just snapped up 2500 lots from the seller at 19 cts

richtan      ( Date: 11-Jun-2009 10:33) Posted:

Someone had again just snapped up 1000 lots from the seller at 19 cts, in 2 transactions, each 500 lots continuously, one transaction followed by the next one.

Silent accumulation had been going on insiduously for quite some time aredi.

Watchout. Very soon could be CHHX turn to run up.



richtan      ( Date: 11-Jun-2009 09:17) Posted:



Someone had just snapped 2000 lots from the seller at 19 cts, in 2 transactions, each 1000 lots continuously,

one transaction followed by the next one.

Watchout. Could be CHHX turn to run up


 
 
richtan
    11-Jun-2009 10:33  
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Someone had again just snapped up 1000 lots from the seller at 19 cts, in 2 transactions, each 500 lots continuously, one transaction followed by the next one.

Silent accumulation had been going on insiduously for quite some time aredi.

Watchout. Very soon could be CHHX turn to run up.



richtan      ( Date: 11-Jun-2009 09:17) Posted:



Someone had just snapped 2000 lots from the seller at 19 cts, in 2 transactions, each 1000 lots continuously,

one transaction followed by the next one.

Watchout. Could be CHHX turn to run up

 

 
richtan
    11-Jun-2009 09:17  
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Someone had just snapped 2000 lots from the seller at 19 cts, in 2 transactions, each 1000 lots continuously,

one transaction followed by the next one.

Watchout. Could be CHHX turn to run up
 
 
richtan
    09-Jun-2009 22:19  
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Oooops, sorry, Ausgroup chart is in "Ausgroup" thread

richtan      ( Date: 09-Jun-2009 22:17) Posted:

Today, Midas had started to run-up after rising wedge consolidation (see my chart posting in Midas thread), next will be

(1) Ausgroup as it also had been forming rising wedge n cup formation n the 15ema n 25ema had been providing very good support for the past 3 months 

        ( see below my chart analysis).

(2) CHHX, as it had formed a bullish cup formation, flagpole (up with rising volume) n pennant n had been consolidating (correction with low volume) n low RSI for quite a long

      time ( see my chart analysis below



 
 
richtan
    09-Jun-2009 22:17  
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Today, Midas had started to run-up after rising wedge consolidation (see my chart posting in Midas thread), next will be

(1) Ausgroup as it also had been forming rising wedge n cup formation n the 15ema n 25ema had been providing very good support for the past 3 months 

        ( see below my chart analysis).

(2) CHHX, as it had formed a bullish cup formation, flagpole (up with rising volume) n pennant n had been consolidating (correction with low volume) n low RSI for quite a long

      time ( see my chart analysis below)



richtan      ( Date: 04-Jun-2009 16:59) Posted:



richtan      ( Date: 04-Jun-2009 16:55) Posted:

Watch out for CHHX, volume is increasing dramatically, will shootup very soon, possibly repeating the dotted rectangle as per my chart below


 

 
weishen81
    09-Jun-2009 14:36  
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oh i see... richtan thanks once again! i saw your previous posts on the two websites that provides learning tutorials on TA. Will visit the sites to learn more! thanks!
 
 
richtan
    09-Jun-2009 11:22  
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This is just my opinion.

Generally, in consolidation n acumulation, the vloume tends to be low.

Not an inducement to buy or sell. Dyodd.



weishen81      ( Date: 09-Jun-2009 10:29) Posted:

just back from reservist... hmm... trading volume for CHHX seems to be very low for the past week.... does it mean any kind of signals? Thanks! Smiley

 
 
fartist
    09-Jun-2009 11:13  
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From what i see guys the cup and handle pattern looks jsut like the one that chinasports is forming?

They're probably similar stock in a similar industry right? thanks!
 
 
weishen81
    09-Jun-2009 10:29  
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just back from reservist... hmm... trading volume for CHHX seems to be very low for the past week.... does it mean any kind of signals? Thanks! Smiley
 

 
richtan
    05-Jun-2009 12:47  
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Alemak, dun know wat happen to this copy n paste, "SGX still offers upside" jump to bottom.

richtan      ( Date: 05-Jun-2009 12:44) Posted:

 

From DBSV:

Today’s Focus

Technical: Accumulate China stocks at current level

The market’s underlying tone should be firm ahead of the

release of US employment figures for the month of May,

scheduled for release tonight. Our economist thinks the figure

could come in at –450k, which is better than market consensus

of –520k. If this turns out correct, the market underlying tone

should be positive for the next 2 sessions least. STI should head

for its near-term high at 2424 or even slightly above that.

SGX still offers upside

richtan      ( Date: 05-Jun-2009 12:43) Posted:

From DBSV:

Today’s Focus

Technical: Accumulate China stocks at current level

The market’s underlying tone should be firm ahead of the

release of US employment figures for the month of May,

scheduled for release tonight. Our economist thinks the figure

could come in at –450k, which is better than market consensus

of –520k. If this turns out correct, the market underlying tone

should be positive for the next 2 sessions least. STI should head

for its near-term high at 2424 or even slightly above that.
SGX still offers upside



 
 
richtan
    05-Jun-2009 12:44  
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From DBSV:

Today’s Focus

Technical: Accumulate China stocks at current level

The market’s underlying tone should be firm ahead of the

release of US employment figures for the month of May,

scheduled for release tonight. Our economist thinks the figure

could come in at –450k, which is better than market consensus

of –520k. If this turns out correct, the market underlying tone

should be positive for the next 2 sessions least. STI should head

for its near-term high at 2424 or even slightly above that.

SGX still offers upside

richtan      ( Date: 05-Jun-2009 12:43) Posted:

From DBSV:

Today’s Focus

Technical: Accumulate China stocks at current level

The market’s underlying tone should be firm ahead of the

release of US employment figures for the month of May,

scheduled for release tonight. Our economist thinks the figure

could come in at –450k, which is better than market consensus

of –520k. If this turns out correct, the market underlying tone

should be positive for the next 2 sessions least. STI should head

for its near-term high at 2424 or even slightly above that.
SGX still offers upside


 
 
richtan
    05-Jun-2009 12:43  
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From DBSV:

Today’s Focus

Technical: Accumulate China stocks at current level

The market’s underlying tone should be firm ahead of the

release of US employment figures for the month of May,

scheduled for release tonight. Our economist thinks the figure

could come in at –450k, which is better than market consensus

of –520k. If this turns out correct, the market underlying tone

should be positive for the next 2 sessions least. STI should head

for its near-term high at 2424 or even slightly above that.
SGX still offers upside

 
 
richtan
    04-Jun-2009 17:04  
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From DBSV:

S-shares should rise after China’s PMI for May came in at 53.1

versus 53.5 in April, marking this the 3

that the PMI stayed above 50. Although the reading showed a

slight dip versus April, the figure was still better-than-expected

as some economists had earlier predicted the PMI dipping close

to 50 or even below. S-chips top the list of DBS Research’s Buy

recommendations with more than 10% upside to target price.

These are China Sports (TP: $0.29), Raffles Education (TP:

$0.78), Pacific Andes (TP: $0.57), China Hongxing (TP: $0.26)

and Epure (TP: $0.64).
rd consecutive month

 
 
richtan
    04-Jun-2009 16:59  
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richtan      ( Date: 04-Jun-2009 16:55) Posted:

Watch out for CHHX, volume is increasing dramatically, will shootup very soon, possibly repeating the dotted rectangle as per my chart below

 

 
richtan
    04-Jun-2009 16:55  
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Watch out for CHHX, volume is increasing dramatically, will shootup very soon, possibly repeating the dotted rectangle as per my chart below
 
 
richtan
    26-May-2009 00:40  
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look at the chart, I m saying it could do a repeat of the dotted rectangle as it broke the sloping resistance line.

This is just my opinion, dyodd.



weishen81      ( Date: 26-May-2009 00:31) Posted:

Hi richtan, thanks for updating the post again! Do you mean that we are meeting something like a resistance? If can break the price of say 0.205 or 0.21,

it can go for another shootup of a few cents? like what happened between around mid-April till 9th May? Sorry if my question sounds silly. Thanks! Smiley



richtan      ( Date: 25-May-2009 22:44) Posted:



Could CHHX possibly repeat the pattern in dotted rectangle after break up from the similar pattern sloping resistance?



 
 
weishen81
    26-May-2009 00:31  
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Hi richtan, thanks for updating the post again! Do you mean that we are meeting something like a resistance? If can break the price of say 0.205 or 0.21,

it can go for another shootup of a few cents? like what happened between around mid-April till 9th May? Sorry if my question sounds silly. Thanks! Smiley



richtan      ( Date: 25-May-2009 22:44) Posted:



Could CHHX possibly repeat the pattern in dotted rectangle after break up from the similar pattern sloping resistance?


 
 
richtan
    25-May-2009 22:44  
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Could CHHX possibly repeat the pattern in dotted rectangle after break up from the similar pattern sloping resistance?

 
 
richtan
    21-May-2009 21:07  
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Too early to jump to conclusion as 15sma, 25sma, 50sma all still trending up. Could just be a corrrection.



discrete0      ( Date: 21-May-2009 16:25) Posted:

discrete sell down

 
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