
heya singaporegal, yep, noted. thanks! :)
Hey elf,
Allcoreit seems to be uptrending now. But a note of caution.. volumes are dropping and interest seems to be oozing off.
Allcoreit seems to be uptrending now. But a note of caution.. volumes are dropping and interest seems to be oozing off.
Elfin...
If you had mentioned this one to me a few days ago, I would have entered at 0.975. (I totally missed scanning this one).
Anyway it appears strong still and if you enter at 103/104, there's a good chance of it rewarding you with one more spurt upward at least.
hey singaporegal...don't go to sleep....elf would like a bit of advice here, if you don't mind. :) allco reits--worthwhile going in at 1.04?
really need alot of patience here and Uic
Have patience... big boys have patience...
You must behave like a big girl... hehe... :)
A little sleepy today still.... I'm still vested
ic, tks
This is a group/sector phenomenon...
hi iPunter, can share with us what make u say that the price will soar ?
Yup... busy busy day after a long weekend...
Ah... it's so good to see you back in here... :)
If I am not wrong, this one is going to soar until you have a permanent broad smile... :)
iPunter is right!
Volumes are everything!
Volumes are everything!
Today's pullback to 2.35 was on a miniscule volume of 197 lots as compared with the 10m lots on the uptrust. And the magnitude and extent of the pullback is still the parameters of TA.
The uptrend is therefore still intact and there need not be any worry at this stage. Furthermore, the overall sentiment in this sector is still extremely bullish.... :)
Hi iPunter,
Thanks for the word of caution. You're right that buying interest has weakened somewhat. But I believe its still on an uptrend.
Lets see what happens in the next couple of days.
Thanks for the word of caution. You're right that buying interest has weakened somewhat. But I believe its still on an uptrend.
Lets see what happens in the next couple of days.
Sporeguy...
Idiot Wave theory is more applicable to commodity future trading coz there's virtually no limit to how high prices can go if a commodity becomes real scarce. But for stocks, especially in our local market, you'd be lucky if prices can traverse two to three waves before a free-fall back or move sideways.
Idiot Wave theory is more applicable to commodity future trading coz there's virtually no limit to how high prices can go if a commodity becomes real scarce. But for stocks, especially in our local market, you'd be lucky if prices can traverse two to three waves before a free-fall back or move sideways.
The 4th wave dropped from $2 to $1.31. So 1.618x69c=112c increase for 5th wave so peak will be $1.31+1.12=$2.43. Looks iPunter hits the right observation.
Singaporegal...
Wing Tai seems to have hit a peak of 2.37, as it appears to have weakened somewhat since, and it does not feel like a normal pull-back from the high.
So if up are still in this one, it is well you do a more detailed precautionary check with the updated data..
Wing Tai seems to have hit a peak of 2.37, as it appears to have weakened somewhat since, and it does not feel like a normal pull-back from the high.
So if up are still in this one, it is well you do a more detailed precautionary check with the updated data..
Haha... yeah.... I will!