Baker Technology    Last:0.55    +0.01

It's time to rebound ????

Baker Tech cheong ah

 

Due for an exciting action pretty soon ?

 

Shorting is more ideal when the general market sentiment for that stock is bad. Hengxin is one good example. Substantial shareholder is selling so price is going down awhile back. Ideal for shorting I presume?

 

Suddenly a buy up of 1,000,000 shares ..... or is it a panic shortist covering back ..... :-)

 

If it's a real buy up ..... then jiat buay liao lor .....

 

Anyway, not an ideal time to short .....

 

Just look at Armarda .....

 

Isn't worth the patience ..... ?

 

Baker Tech should have a showtime very soon .....

 

Hang on ..... don't anyhow throw to the collectors ..... Hope everyone make money .....

 

Suppose some may have seen a scenario like this before :-

 

E.g. (XYZ share) ..... BBs buy up all the 26.5 cents queues ..... then uses the 26.5 cents to create a big block of 26.5 cents queues ..... then collection starts when small time retailers will panic sell down to the 26 cents queues (which has been already placed there by the BBs) .....

 

Patience is the key ..... and please do not panic throw if one see a one-bid variation .....

 

The truth will be unveiled very very soon .....

 

Will be surprise if Baker Tech doesn't cheong today .....

 

Looking at the buy ups, the buyers does display buying power .....

 

Unless the BBs wants to accumulate more .....

 

Thanks, Master, Ivorycoast.  TA as guide only, not 100% sure.  Still needs FA and others to help.  Must do homework before putting to trade.

 

Need close observation liao ..... before it run up too fast .....

 

Good technicals by Will040.

 

 

 

Charts +Di turn +ve but ADX is flat.  RSI, Mom & Stochastic are started to rise except MACD.  If no negative news occur today should have something to say.

 

Due for some exciting action.

 

Everyday there will be contra players who cannot hold on till the next day .....

 

So there will be opportunities to collect from those who couldn't last till the next day ......

 

By the way, let's see if Armarda, Baker Tech, Ban Joo will hit my target soon ..... 

 

StarTech may show some activities anytime soon too .....

 

During the 5 mins of deal matching (after 5pm), BBs will weed out some weak holders .....

 

And then tomorrow, it's time to cheong further .....

 

Tomorrow Baker Tech's turn to tua cheong ..... ?

 

Immediate target 28 cents ?

 

Show time .....

 

It's time for Baker Tech .....

 

All the best .....

 

The weighted Average price is approx. $0.258 for the last 6 trading days.