
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?
Thanks Singaporegal.
Hi novicetrader,
TA doesn't really work on a penny stocks... not very accurate.
TA doesn't really work on a penny stocks... not very accurate.
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.
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.
But from TA charts, looks to be bullish. May be experiencing large price movements because bollinger bands are really tight.
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
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
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.
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...
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
Tks for sharing S'poreguy, I hav been wondering should retracement happen, what should be the price? Now I know. Cheerz!
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.
Don take profit will regret later and wait long long. Only retailers will hold it waitng n waiting for kopi$$$. Wait long long liao.
Beware of Equation .... When STI do a correction after this week's massive rally, this counter will suffer much!!!
This is not good! Director Soh Kim Yong sold 3m shares at 18.5c in the open market yesterday. He sold it at a very good price looking at the market today! Of course he could hav sold it when it was above 20c but if he were to do that, probably people will also notice and it also.
Citiraya will surely perform bettter than Equation ... Those will didn't off-load before today's crash will really have to wait long long!
Only retailers will hold it waitng n waiting for kopi$$$.
Wait long long liao.
Wait long long liao.
Wow ... Down 0.06 cents to close at 0.15 today! What a dive - 28% in one day.
Equation kena attack by shortists as well!
you are right teeth53, only retailers will hold it waitng and waiting for kopi$$$.
FA, nothing has change much in it business for He and She, tell me if it hit rate is 100% in profit, if not not then fundametally why 10c shoot pass 20c, can justify Coy FA has change oredi ??. I tink tink oni two big vested boys collected alot of $$$ and let u all hold this baby..