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Windfall from Citiraya

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iPunter
    31-Mar-2007 20:19  
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 The chart for this stock looks rather interesting at this moment.

 Will the technicians dare to buy, considering the strength of the market now?

Or is it a better proposition to sell?
 
 
novicetrader
    23-Jan-2007 07:02  
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Thanks Singaporegal.
 
 
singaporegal
    20-Jan-2007 22:59  
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Hi novicetrader,

TA doesn't really work on a penny stocks... not very accurate.
 

 
novicetrader
    20-Jan-2007 10:17  
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Any advice on this counter Singaporegal? I have release my load and all the stocks are at their all time high so would appreciate your advice.
 
 
singaporegal
    06-Jan-2007 18:56  
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Its a penny stock... so TA may be inaccurate.

But from TA charts, looks to be bullish. May be experiencing large price movements because bollinger bands are really tight.
 
 
iPunter
    06-Jan-2007 18:16  
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Sporeguy...

hehe, it's good to see TA-based posts for a change. I suppose when more people attend the courses, they will become more comfortable with such technical jargon.... :)



My Favourite Stock Market Books

 

 
Sporeguy
    06-Jan-2007 14:36  
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A bullish pennant (symmetrical triangle formation). Looks like can buy at around 15c if it ever comes down to that again and vol dries up. Some may take profit at 18c. The more daring will wait for the top of the next pennant formation to cash out.
 
 
iPunter
    20-Dec-2006 16:10  
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Equation appears to have poked through the floor after yesterday's market fall.... most probably on a minidowntrend... but not too 'mini' considering the price leverage...
 
 
teeth53
    06-Oct-2006 17:46  
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After all this expl.....and plus plus, settle in liao, what happen next??. Still gunning for 18c or more maybe 20c plus plus, FA story hav't change yet, maybe..those
 
 
chipchip66
    06-Oct-2006 10:23  
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Tks for sharing S'poreguy, I hav been wondering  should retracement happen, what should be the price? Now I know. Cheerz!
 

 
Sporeguy
    06-Oct-2006 10:20  
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Equation has risen from 6 cts to 23 cts, thus retracement will be reach the support at 12.5 cts using fibonacci ratio of 0.618.
 
 
teeth53
    06-Oct-2006 08:25  
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Don take profit will regret later and wait long long. Only retailers will hold it waitng n waiting for kopi$$$. Wait long long liao.
 
 
billywows
    05-Oct-2006 22:45  
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Beware of Equation .... When STI do a correction after this week's massive rally, this counter will suffer much!!!
 
 
chipchip66
    05-Oct-2006 20:12  
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This is not good! Director Soh Kim Yong sold 3m shares at 18.5c in the open market yesterday. He sold it at a very good price looking at the market today! Of course he could hav sold it when it was above 20c but if he were to do that, probably people will also notice and it also. 
 
 
billywows
    04-Oct-2006 18:50  
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Citiraya will surely perform bettter than Equation ... Those will didn't off-load before today's crash will really have to wait long long!
 

 
teeth53
    04-Oct-2006 18:44  
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Only retailers will hold it waitng n waiting for kopi$$$. 
 Wait long long liao.
 
 
billywows
    04-Oct-2006 18:29  
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Wow ... Down 0.06 cents to close at 0.15 today! What a dive - 28% in one day.
 
 
chipchip66
    04-Oct-2006 15:40  
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Equation kena attack by shortists as well!
 
 
chipchip66
    04-Oct-2006 10:43  
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you are right teeth53, only retailers will hold it waitng and waiting for kopi$$$.
 
 
teeth53
    04-Oct-2006 10:39  
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FA, nothing has change much in it business for He and She, tell me if it hit rate is 100% in profit, if not not then fundametally why 10c shoot pass 20c, can justify Coy FA has change oredi ??. I tink tink oni two big vested boys collected alot of $$$ and let u all hold this baby..
 
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