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Oh thks for the advise I wait to the support. Will rebound from there?
Why load now?
I don't see any reversal signal yet.
With bearish cross off 100 to 200dMA, it doesn't looks good yet.
If wanna keep accumulating, look at 1.50 and 1.48 next.
IVANTAN75 ( Date: 06-Jun-2011 14:11) Posted:
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Loading more to keep
are u loading now or sideline for the moment ?
SgBulls ( Date: 05-Jun-2011 00:29) Posted:
Was YZJ ever at $0.30? Don't think so...
If selling pressure can't break it below $1.56 by next 2-3 trading days, then there may be limited downside.
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there is a critical resistance/support at $1.66...
Yes in oct 2008 and i bought 40 lots @ 0.40 cents.
Was YZJ ever at $0.30? Don't think so...
If selling pressure can't break it below $1.56 by next 2-3 trading days, then there may be limited downside.
Har serious? When was it?
I bot it at 0.30 before. Think hard.
IVANTAN75 ( Date: 04-Jun-2011 11:00) Posted:
| Hi thks. I brought at 1.83 n 1.67. Should cut or hold? Sigh |
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Hi thks. I brought at 1.83 n 1.67. Should cut or hold? Sigh
Contract announcement is not all there is to it.
You have to look at the broader picture.
Form an opinion or read up on how firstly, the industry is doing. Right now the shipping sector is in a slump in general.
So even buying at a good price, doesn't guarantee success in your trade.
Also, look at cycles. The ups and the downs. Ups and downs. Cycles.
For me, for going long in a trade, I will look out for fake outs on reversals. Beware of this.
Counters going oversold doesn't always mean that they will automatically do a reversal immediately.
It's always good to wait a few more candles to confirm. Then I enter.
Make less but don't lose. If you greedy by trying to make more, can also lose quite a bit.
Another advice if you want capital preservation as your priority, go for blue chips.
SPH, DBS, OCBC, UOB, Singtel and all the STi pegged stocks are quite safe if you enter at the right price.
These may be " uncle stocks" , but uncles play safe to live. Rash cheongsters get crash and burn.
Do you research on each one and decide on a few good ones.
I am using a free charting tool Chartnexus. http://www.chartnexus.com/software/cnx.php
You don't have to go for their classes quite (costly) to attain 100% understanding of technical analysis. Youtube will give you 50% of that knowledge. With 50% know how in TA, still can make money if you are smart and cautious.
Read up as much aas you can on the company that you intend to invest in, BEFORE you buy it.
I'm no expert but this is what I can share of my limited know how, which till now has served me well.
IVANTAN75 ( Date: 04-Jun-2011 00:10) Posted:
| How abt contract soon does it help? |
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How abt contract soon does it help?
cut loss took me out at 1.57
next stop 1.47 hehe
broadfeet ( Date: 01-Jun-2011 22:21) Posted:
think so
positive divergence detected in (hidden) histogram
vested on the 2nd doji (risk involved)
clear 1.64 possible only trend reversal
break below 1.58 price falling lower...1.47
risk reward ratio worth a try
fyi only not enticement anione to follow
ahpheng ( Date: 30-May-2011 23:26) Posted:
Hi, anyone know why YZJ has been dropping for the past weeks?
Technically, i see potential MACD divergence forming.
Agree? |
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1.50 looks inevitable IMHO.
Break that, and its anyone's guess for next support.
Overall still very bearish.
100dMA has just about crossed 200dMA.
All MAs still nicely separated, pointing downwards.
Also, look at NOL. Same? I don't see a recovery there yet either.
IVANTAN75 ( Date: 03-Jun-2011 22:54) Posted:
| Any hope for this stock? What happen use to be ard 1.9 and 2.0.. Any idea? |
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Any hope for this stock? What happen use to be ard 1.9 and 2.0.. Any idea?
Building up... Going up soon
Sinopacific warns of rising steel prices
Shanghai: Privately-run Sinopacific Shipbuilding Group is bracing itself for rising steel prices and has implemented strict cost control measures. Chinese firms Angang Steel and Baosteel have been continually adjusting their ship plate prices upward, and prices are expected to continue to increase, according to Simon Liang, chairman of Sinopacific. The shipbuilder noted that the average price for ship plates have jumped by 87% in 2010. The Chinese shipbuilding industry experienced a first huge jump in steel material prices in 2008 when prices at some steel producers reached RMB10,000 ($1,540) per tonne, resulting in price increases of 21-30% over four months. In addition, other raw material prices and labour prices have also increased, Liang noted. “Cost control became the key for the fortunes and the very survival of shipbuilding enterprises,” Liang said. [01/06/11]
IVANTAN75 ( Date: 02-Jun-2011 10:34) Posted:
| No worrycontract coming in soon. Will go up... |
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No worrycontract coming in soon. Will go up...
Shorted this ship. Hope to see 1.50. Hehehh.
1.59 strong support already broken, i'm confident this counter ll be impossible to break above 1.6 in the near term... Previous high of 1.7 to 1.9 already factored in the multi-billions contracts liao... Classic case of " Buy on rumours, Sell on news" .... Retail investors thought they were buying on news but really it's a case of BB selling on news to the retailers.... This counter I see ll go below 1.5 soon....
