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Happy punting! Hope u don't get "pulverised" by a WT shark at your next round of punting!
Hello! Did anyone read my posting yesterday morning and follow the big fish swim at $1.65. If you did, you should be able to take profit now at $1.70. I did and I am happy with 20 lots profit. Happy trading!
thanks to our dear si fu, singaporegal and matthew. Will monitor to average it and dispose off. thanks for your helpful infor.
Hi lowpeckkiyau,
I think this stock is on the uptrend now. However, its already quite overbought and it may be nearing its peak.
I think this stock is on the uptrend now. However, its already quite overbought and it may be nearing its peak.
Add on:
By the way, if you or anyone who had seen my posting (below) this morning when the big fish was swimming upwards from $1.65 and had followed him from behind, I believe you will see some profits tomorrow.
lowpeckkiyau - I am not a TA or FA trader. I am more a GA trader. So, I am unable to give you advice on the TA or FA.
However, if you look at the Chart of Wing Tai, it was travelling South from 7/4/06 at a high of $2.00 down to $1.37 on 14/7/06. Thereafter, it took a reversal and slowly started to travel North from $1.37 to $1.67 (overnight price) on 15/8/06.
During this time, I had jumped in and out of Wing Tai three times and all were successful trades.
In my opnion, I believe Wing Tai still has strength to travel North. If you have bought at $1.37 to average, probably by now, you would have turned you loss to a profit. Do not be disheartened. I believe Wing Tai will continue to travel north tomorrow. Do put it on your radar screen and watch the interesting action.
May be Singaporegal may want to give her input on her expert knowledge of TA. Over to you, Singaporegal.
Dear Gurus/Veterans,
Bought at $3.75 few years ago, but now average to $2.01 for 6 lots. What is the FA & TA position please? Support and ressistance level. Again to prepare to get back my capital . If need to will cut loss based on advices from our professional gurus and veterans. tks.
Big buyer is buying:
10:28:39 1.650 50000 Buy Up 1.650 50000 Buy Up
10:51:03 1.660 150000 Buy Up 1.660 150000 Buy Up
Put Wing Tai on you radar screen. Action is about to begin.