Ascott   

Ascott

Another question, how does one determine the entry price level when the price is falling ? And shouldn't one buy when price is rising to ride the wave?  Thanks.

 

Yes and one more point - the stock should ideally be oversold but with Williams%R uptrending also.
 
That's a perfect buy signal.

 

So wat u r saying is that the perfect time to buy is when indicators are uptrending and share price is dropping and the counter is oversold ?

 

Hi waterfalls,

Divergence means that the indicators are uptrending while the stock price is either stagnant or downtrending.

In most instances, both indicators and stock price will usually move in tandem. That's pretty normal. If the indicators are uptrending but the stock is not yet overbought, I would still consider it a buy signal though not a perfect one.

 

Dear Master sporeregal,

Your TA article says to buy when Acc/ Dist and Chaikin show divergence with stock price. Does it mean when share price goes up but the 2 indicators go down ? Or the reverse ? What if both are going up in tandem with each other ?

 

Good morning Shplayer Sir, I am very happy  that it had a gd run last week.  I am still holding to this stock .  Appreciate yr advice on its FA. Thanks.

 

Uptrend still quite strong

 

You're welcome.

No big deal lah.... I just read 3-4 charts and come to a conclusion. I use the same rules over and over again. Not much skill involved.

 

singaporegal,

Am really impressed with your TA skills. Good call on Ascott on 27th Nov.

Thanks for sharing.

 

elizlow,

If you haven't already sold, you should be well into the black now.

Good Xmas present eh?

Let me review the FA.....to see if there is more upside.

 

Thanks and all the best to you.

 

Its on the front page of ShareJunction. Look for the heading - ShareJunction Special Feature

 

Hi

Am intersted to read his article on "Confessions of a technical-analysis purists, where can I get hold of it please advice. Very tks

 

Many thanks to Master Singaporegal for the TA's advice. I have just read yr article on "Confessions of a technical-analysis purists". I am very impressed with it. Many thanks again for yr guidance, sharing  and advice especially to the newbies and retirees (I am  one of the foggies) who use this forum for their kopi money and livelihood. Kudos to other kind and wonderful gurus shplayer,cashiertan,teeth53, nostradamus,knightrider .....and many others  too.  God bless.

 

Looks to be on a strong uptrend now

 

Good evening Shplayer Sir, thanks for the good news.  At last, I can see the light at the end of the tunnel. God bless.

 

elizlow,



You should be at breakeven about now.......provided you exercised your REITS rights.

Good luck!!!!

 

Anyone has news about Ascott lately? I feel like buying into this one.

 

elizlow,

Hope you exercised your option at the beginning of this year for a 5:1 Ascott Reit @ 0.68cts. You should be sitting on a pretty profit with this Reit......60cts per reit.....=> 12cts per mother share. So, you are about 10cts underwater at this point in time..........getting there...hold on tight.

 

Nostradamus Sir, long wait as I bought it at $1.38 about 7 yrs ago.Sigh!