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Decided to look after Amtek instead.
Jessie, good to hear from you. I thought of keeping this counter for long term but then, this very counter had caused a lot of heartaches to many people in the early days. Basically it played out many people.
Hi Choo Hian,
I thought you bought this for long term :). Anyway, congrats for making profits.
Regards
Sold Chartered this morning -at 1.34. Enough. No need to worry.
Sorry everybody here. The post I just referred to was posted last year. pikachu kindly pointed that out to me. Thanks to her. I shouldn't sell my Chartered off but I should look after this counter.
Info from thread - Overbought stock list - Chartered is in the list . Look into it and make your own decision, ok?
CSM=Can save money.
Chartered managed a close above its 1.32 resistance. Next resistance at 1.40. If this is level is also broken, it is good news for Chartered.
Actually, this is not a very bad stock. I traded this stock almost 20 times (only realize today when I check my trade history) , 1 time lost $$ only heee. This is a record for me. I have never trade so many time in a stock in a short period..........WOW....
CSM = Cannot Sustain/Maintain
Under technical interpretation, Chartered is still on a downward trend on a rebound. Significant resistance is at 1.32. Today the same resistance rears its head as it does not close above this point. See similar occurances on 22/11, 8/12, 15/12, 28/1, and 26/1. Watch for a breakout with a steady close above it before making any entry.
watch for breakout at 1.35 if it happens...
handon, This is good. It has reached 1.29 and lots of buying.
tanglinboy, Glad you are being entertained. Join in the fun.
Hehehe... the last few posts make me burst out laughing....
Hi Pension,
Do you mean erratic?
Hi, Pension, maybe you mean idiotic. I am losing in this counter.
Hi Pension,
Why do you say the counter is EROTIC ???!!
this counter is very erotic and very often depend on the nasdaq. performance seem poor in 1Q and 2Q. so trade with care.
Hi ivorycoast,
Why would Chartered cheong tonight?
From TA charts, it still doesn't look very good.