My Trading Adventure
AMedia : How low is low?
CP TEH
Publish date: Thu, 11 Oct 2012, 06:29 PM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
AMedia : The volumes are huge today, showing more retailers selling. The RISK of ACE-counters ... check-out DVM and someone asked me about Gocean? I do not look into such stocks until current AMedia diving. Yes, I want to catch the technical rebound but have to sell quickly for losses. Will buy back again ... what a knife!! ouch.
This is will be used for my technical-rebound example tonight when I have my batch-2 meeting but it did not satisfied 2-3 of my conditions!!
Just watch the game .... how low it will be pressed down further, with bonus-issue and free warrant news in play. Private placement was at 0.37 levels? Need to check on that ... but as a trader, we check more on indicators ... tho, mind you ... indicators FAIL badly in such cases.
Good luck
TEH
More articles on My Trading Adventure
Discussions
2 people like this. Showing 5 of 5 comments
Hi AL833D
Yes, should avoid as more retailers obviously have to sell for losses now. Those bought at 50cents to RM1 levels most likely selling too.
I do not believe in indicators much, and certainly could not be used for cases like AMedia. It is matter of how much 'they' want to press it down further, and what will be the decisions on bonus-warrant news.
I did not follow the developments for this so-called good FA counter as it is in ACE, speculated to move to main board. That piece of news being used to push it higher as many do not want to 'miss the boat'.
It attracts many counter-trend traders like me. But, it is not time to buy yet, certainly.
Waiting for signals.
Do watch but avoid.
TEH
2012-10-11 20:02
Everyone is looking at this counter expecting good,unfortunely falling down day by day!
2012-10-11 21:28
dah ada doji sok GREEN laa tu...
afraid xIN hati suicide go laa...
1% u win 99% possibly lose..
2012-10-11 22:04
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
2
3
save malaysia!
Visa-free travel to China extended for Malaysians to 30 days
4
Good Articles to Share
5
Good Articles to Share
Four convicted in Spain over homophobic murder that sparked nationwode protests
6
Good Articles to Share
7
Good Articles to Share
What’s behind the slew of restaurant bankruptcies in 2024? Experts unpack the problems
8
Good Articles to Share
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
AL833D
Hi Teh, good question Amedia how low is low? i no good in TA (MacD? MA? RSI? Stochastic? Bollinger Band? or Fibo Retra?), but i know the buying signal not 'show' yet! if PP was at 0.37, can market absorb this few day 'droping vs volume'? i agree what alex say ..... avoid...?
2012-10-11 19:20