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Dear Readers,
Time is getting closer and closer that Lum Chang will show its strengh to push the price protuding Sgd. 0.50 by next three weeks!!!
constuction counters have surged, this LC is a laggard stock, hope it will catch up with the rest.
Dear iPunter,
I am sure it will be up again. I buy today again At Sgd. 0.355.
Bollingers are getting tighter meaning that sudden price change may occur but hard to tell which direction of move now
Watch those Bollingers closing in...
The resultant sharp directional move is more likely to be a breakdown than an uptrend, in view of the sand story.
Dear Readers,
I am glad to tell you that Lum Chang construction is much less dependant on sand as its construction material. Lately, the business would not be effected so much as the other counters. 300% capital appreciation within this year is still intact.
Dear Singaporegal,
It is slow but sure........ that is the way aha, aha,........ I like it!
Thank you, you really have a good TA analysis.
Volumes not too good and its a penny stock... but it seems to be on an uptrend now.
Dear iPunter,
That will not be any problem absolutely. It is just a matter of time!
Yup... entering @0.39 would be ideal, not below.
Dear Readers,
Consolidation period for Lum Chang has ended soon, it will break Sgd. 0.40 for sure, sometimes next week. Keep watching.
Dear Lucky168,
I always have full of confidence with my own best choice of construction counter i.e. Lum Chang. She will never betray me in her business performance.
I am not particularly comfortable with the current rise in construction stocks. My gut feeling is that all doubts shall be cleared when they report the FY06 in the coming next few weeks.
By then, we will know who are the "false pretenders".
Yes, gathering enough volume to move up with, that is one of the conservative strategy.
Doin' the Hip-Hop, eh?...
Dear Readers,
Slow but sure and keep moving up, that is the way aha aha I like it........
looks like it will ride on the property boom....
Hmm.. today failed to breach previous high of 0.39... but looking how CES moved up today, this should have the opportunity to move to a higher soon.
Technically it is beginning to appear to be on an upward bias. May begin to move up for the next phase.
hahaha... Dear Hulumas...
Your sense of direction is more precise... most people only think of things moving north... :) Regards.
Your sense of direction is more precise... most people only think of things moving north... :) Regards.