
ozone2002, no prob, here.... take it....... will give you one power jab to boost the price up too......
ozone2002 ( Date: 14-Apr-2008 13:35) Posted:
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yeah baby..spot on.. join the bandwagon..
Indoagri moving up now. If able to break resistance level of 2.44, bullish trend intact
This counter holding strong at the moment.
14.04.2008 - MIDDAY Closing Crude Palm Oil Quotes: Midday Closing CPO futures prices on Bursa Malaysia Derivatives in MYR/ton
Month Close Previous Change High Low
April 08 3445 3410 up 35 3445 3445
May '08 3449 3450 dn 1 3449 3420
June '08 3461 3454 up 7 3473 3428
July '08 3471 3470 up 1 3483 3444
This is the reason for the support. Shortist will be wary to short. I expect buy up this afternoon if CPO remains firm.
from the way i look at it .. indo showing signs of support @ 2.30 today.. amidst the bloodshed..
will monitor further for possible entry..
snapper u have spare medication for me ..just in case i need.. keke
hmmm... not likely to get in cos i'm on medication for hypertension... am afraid i can't take the excitement of it...
from my chart there's indication of possible resistence at about 2.49-2.5 (juz my humble opinion.....) so it's pretty near friday's day high....
still gotta watch my on hand counters (raffles edu and first resource)......
ozone2002 ( Date: 13-Apr-2008 17:44) Posted:
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as long as u make money..better than losing rite?.. so be contended with wat u have and don't be greedy..or regret..cos u neva know when the market may bite ur pants off along with ur underwear..keke
try again on monday snappers?
vested in on thurs at 2.06... sold same day at 2.12 cos resistence was at 2.13 (if i'm rite).. when it broke resistence i vested again at 2.14 and sold at 2.30... the resistence was 2.40.. i'm glad that i made abt 2K on this stock on a single day.. even though it went up the next day, i still feel that i'm contented with selling off at 2.3.... by looking at the chart, gotta be careful if wanna get in again... juz a humble personal view...
As a fellow trader, just be careful. Don't hope to much, it's not very exciting to challenge the primary trend unless u know something the general public do not know. =)
Have Fun!
no worries musante..
just watch this space ;p
I share my concerned with stupidbear......
Just becareful ozone2002......
Last time up I entered @ 2.32....
soon after, it plunged dwn fast to 2.09...
where I did a cut loss.....
And now it went up again...and I still has the phobia of reentering...
anyway....hope you have a better luck......
Cheers....!!!!
don't worry i know what i'm doing..
monday it will drop.. n i will pick it up low.. then it will shoot up in the following days..
DJ got fire, be ware. DJ dropped 200 over. Cheers.
ozone2002, just my view. 2.42 is only tested since Mar and not broken.
An entry @ 2.3 and up?? Do consider. It's still all up to u =)
Charts for this long forgotten palm oil stock is looking good for an entry..
Come monday i will long this...
join the bandwagon ..
Palm oil coy Wilma, the second biggest capitalised coy in the list and Indoagri both rallied since last Tue. But Wilma decline from peak and only Indoagri sustains for small margin gain. Nonetheless, both oil palm coy are worth of investing. Cheers.
You see DJ and STI declining, but palm oil stocks rising on record CPO prices.
this is a very volatile counter, trade with care.