
Wah lau, sorry, my mistake. Was actually looking at another chart while writing my earlier post.
My apologies to those who wasted their time searching for it and thanks, Richtan for pointing it out to me.

I fact, it had aredi broke up from the bullish contracting triangle continuation pattern (11/5 to 15/7 - slightly more than 8 wks).
By definition, pennant is for timeframe less than 8 weeks.
I dun see any subsequent pennant after tat bullish contracting triangle, can kindly post the chart to share n show where is the pennant. Thks.
richtan ( Date: 22-Jul-2009 12:36) Posted:
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Hi erictkw,
Thks for the info, my oversight as I looked at the latest, didn't trace back.
All in all, tats good news.
erictkw ( Date: 22-Jul-2009 12:13) Posted:
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This stock has not release any news since May13 Q results. It is be a indication of a quiet Q.
Last Q profit has dropped 50%.
Assuming Aug 12 Q release, profit guidance, if any, will be release from now to July 31....or 2 week to release of results....
lucky168 ( Date: 21-Jul-2009 13:41) Posted:
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s-chips so far very disappointing performance compared to our local blue chip.
have divested all my s-chips except for this but sad that it's not performing well, but still linger hope as long as it dun go belly up

think its day will come... every dog has his day!
1yr? 3 yrs?

aircraft ( Date: 21-Jul-2009 08:23) Posted:
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0.20, 0.21 n 0.225 (see my chart in posting further below)
Note tat resistance when breached, becomes the support unless it is a fake break thru.
aircraft ( Date: 20-Jul-2009 20:40) Posted:
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1. Volume as at 3.30 pm had aredi surpassed last Fri's vol.
2. Formed higher high n higher low candle.
3. Price above the 3 emas (15, 25 n 65 ema),
4. MACD cut n turned upwards n
5. RSI turned upwards, cutting above the 50% line.
All these bode well for Hongxin.
Dyodd
richtan ( Date: 20-Jul-2009 10:41) Posted:
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As at the price now, forming a higher high n higher low n MACD cutting n turning upwards n RSI also turning upwards, touching the 50% line.
Dyodd
cheongwee ( Date: 17-Jul-2009 19:36) Posted:
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Wow!!! Cheong Wee,
Warm welcome back after long hiatus.
I m so sorry, due to time-constraint, from now onwards, I shall not be posting charts unless time permits.
cheongwee ( Date: 17-Jul-2009 19:36) Posted:
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Your effort you put in is treasure and appreciated by many , no post is lousy here, it is lousy only because we are lousy.
we fail to understand and thus profit from the posting. Words is at times mistaken.
i understand little about chart and TA ,but you are good. Please do continue with your good work.
and your chart below looking promisimg for China Hong. Thanks
with china growing at 7.9%, i think very soon S-chip will be in play.
it about time to rotate our $ into china stock again.
Below is my daily chart analysis for sharing and exchange pointers.
My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA.
If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start
making unconstructive comments and plse do not be so childish or lunatic as to abuse the
rating system by rating it as "bad post", accumulating for yourself and your
next generation, "bad" karma for your "bad" deeds.
If u think it is a bad post, then be constructive and kindly post your TA for sharing.
This is only my view n I may be right or wrong, so dyodd.

