EngKong   

Eng Kong - Wrts issue

Round 2 coming ! :)

As long as overall market is steady...this baby is fine !

 

tech updates for the vested:

ek going as expected. rayphua and i were actually expecting a slight consolidation for today.

long term def uptrend, as shown by MACD getting stronger.

short term (ie, next few sessions for the week, esp tmrw): consolidation in order. Candlesticks show resistance of uptrend to continue. the pivot is 25c. So if no sBB bugs the counter, that's what it shd naturally fall to. if BB itchy and want to play, expect 25.5-26c.

either way, snail taking a break.

better this way for the long termers: slow upgrowth is sustainable, not rapid spikes.

cheers!

 

don't push so fast! slow down, snail! my margin acct not open yet!

haha.

 

Techies unite.  Yes, the swing's coming, Vic.  Soon, very soon.  :)

 

...or more precisely from a techie's perspective: even if you want to whack, make sure you're not the slowest guy in front of the shark.

haha.

 

In short, like how we would say it here:  don't anyhow whack ah.  :)

 

hi,

just to caution against over-exuberance, since i know a lot of ppl follow vic/my/rayphua's calls. Pls vest at your own risk, and note that there is no such thing as a safe bet. We're simply sharing what we analyse, but in spite of our track records, it doesn't always mean we are right.

anw, ek techs for the vested:

This current upside should be to 32-32.5c.

Thereafter, a retracement to about 27c is in order. Period of consolidation around this target for a while.

I should expect the above two events to take place before august; likely by this mth, latest july.

Thereaft, the third wave up (august or aft) is to 42.5c.

Assuming all macro trends prevail.

Note that ek might not do a retracement, esp as its float gets increasingly sewn up. We're seeing large movements on the basis of a few hundred lots already.

Will update the techs as and when necessary; if not, you may assume that the above holds true.

happy vesting. and haha, yea, considering how much i have on this snail, good luck to the vested. haha.

 

say vic, where did u get shareinvestor from? is it freeware? would be interested in getting one and have all those stats on hand. am also vested on this one.

 

Well done Vic on EK....

Your effort is very very much appreciated.

Hey, Ray, well come on board EK too!

It should be a very very safe bet with both Vic and Ray (Elf too) vested in EK

Happy Vesting to all!

Wait for EK to clear 0.30 mark (hope soon)

 

 

oic, no wonder they say "yi fen qian, yi fen huo"

erm, when you say that X amt of shares got traded, why is it deducted away from the free float amount?

or are there some assumptions to be made first? 

 

Vested.  Good luck to all vested.  hahah.

 

as always Vic, great job.

 how do you determine the amount of shares being traded? do you religiously just add up the individual days trading and arrive at this figure?

Also how do you figure out the estimated free float?

 

Happily vested with thanks

 

Eng Kong was featured on Zaobao today. Talking about tehnical analysis and elliott wave. Also mentioned that Eng kong is on an up-trend.

 

Usually, such sleeping counters don't cheong without any reasons....

So I believe there are some "insider" news but we still don't know about it yet.

Staying vested... next resistance at .30

 

Sorry, I meant BBs not at play yet. trigger happy clicking.

 

last min effort to push up price to 0.27! back down to 0.265. not a bad run for a day. Is there something which vesters should know but not made public yet? Still keep to my opinion that BBs are at play yet.

 

This movement is significant.... lots of buys up n break the phsycological barrier of .25

Looks good. :)

 

 

Why so drama... 1st hr already roller coaster to 26 and back to 24.5 liao?

 

Aiyoh snail now back in its shell liao zzzzzzzzzzzzzzzzzzzz!!!  keke

 

oh yea, c'mon snail! *wave pom poms*

keke.

noobie, date payable for divvie today, so likely some using cash to buy in. two large trades (relative for this counter) of 105 and 100 lots just now at 25 and 26c resp.

expect some shaking out of weaker holders tho; those who've held for long time and taking chance to sell now--seeing it happening alr.

likely to close abt 25c today.

good enough. snails cannot crawl too fast or will tire out.

argh! foreland going up! shd have punted! sighhhhh.....must control....