Technically, if market crash it means the KLCI would drop at least 20% in 1 day. Now, the KLCI only dropped 2.3% from 1,895.18 in the past 1 week. How is that a market crash!?

Y sell b4 the 11:30 a.m. show start?

Eh!!? I'm very surprised by rr88 asking people to buy.... he usually warn people about market crash. Hmmm....?

Bought some at 0.685 & 0.665 this morning. Q buy at 0.645.

@newbeetua: If the 0.700 wall breaks then 0.675 is a possibility.... but if the 0.700 wall holds strong then it won't happen.

It dropped 5 sen this morning from 0.750 to 0.700.... so would it drop 5 sen this afternoon from 0.725 to 0.675?

This afternoon opened slightly gap up & moved quickly up to 0.725 & then quickly down again looks like a repeat of this morning's price movement (trapping people who rushed in to buy).

0.705 wall broken in a few seconds.... 0.700 wall will break soon.

If it drop below 0.700, I will start buying some first... buy more if it comes closer to 0.670 (save bullets for further drop).

Looks like will go lower than yesterday....

@Future Tong: Short term downtrend; medium & long term uptrend still intact.

If u know ttstay20031's trading strategy, u will know that he is not in pain... he is really making lot's of money from SAPNRG.

Whether u cut-loss/win or hold also depends on how much capital u have & how many % of SAPNRG u hold in your portfolio. If u have a few million RM (like mobuzz) then u can hold as long as u want. But for people with less than RM200k capital, it is wiser to cut-loss/win from time to time & re-enter at a lower price.

I believe hng33's TP RM1-2 is realistic for medium to long term (a few weeks to a few months) but hng33 has to protect his profit (or trading capital) too; i.e., if the price drop too much in the short term, he has to either cut-win or cut-loss.

@Bryan: It depends on your cut-loss or cut-win price. If the price drop to either of these two prices, then it is better to sell... otherwise, u can hold on.

The "opened gap up" looks like a trap for those who would "chase the dragon."

Looks like yesterday again.... road block at 0.770.

This time, the uptrend is not like the fake uptrend in Jan 2018 (which lasted only for a few days). This time, the uptrend will last longer than 3 months.

@mobuzz: Yes, this morning opened gap up at 0.750 & pulled back to 0.740. I know bcoz I bought at 0.750 at opening.

Finally the 20 days moving average (red line) crossed over the 50 days moving average (blue line) at 0.600 today. It took 6 months for this to happen (from mid Oct 2017 when the price was RM1.48 till today at RM0.75 closing price). This marked the end of SAPNRG's 6 months long downtrend and the beginning of next 3 to 6 months long uptrend (no more correction within this uptrend period, just minor dips or pullback of 2% or 3%). So, enjoy the uptrend ride... top up if u have money & multiply your money (double? triple?). Good luck!!

Very good show today... just managed to top up a bit at 0.750 this morning, should have top up again at 0.765 but I was deterred by the 0.770 road block (which suddenly vanished & shot up to 0.785).

Hahahaha!! All very interesting comments, especially the one by I_want_to_be_rich:

"We want saham naik not barang naik...."

But if "barang not naik" cannot make babies leh... u know what I mean? (just for joke, O.K.?)

Opened gap up, first 35 minutes green.... not sure if there will b a correction today, mayb yesterday's 5% pullback was just that.... today may resume uptrend.

@spinninglotus: TA chart for uptrend still intact... not yet damaged.

Today's 5% pullback has not damaged the uptrend. The 20 days moving average (red line) and the 50 days moving average (blue line) are converging at 0.595 (I think by tomorrow, the red line will cross over the blue line... hence, confirming the uptrend). Today's closing price at 0.730 is still way above the red & blue lines (converging at 0.595). Very likely, tomorrow may drop another 5% (more or less).... turning a 5% pullback into a 10% correction. But, even with a potential 10% correction in price, the corrected price at 0.695 is still way above the red & blue lines (20 days & 50 days moving averages). Hence, the uptrend will still be intact & will be technically confirmed by tomorrow afternoon. In view of this, tomorrow afternoon may be a good time to buy back (for those who have cut-win) or to top up (for those holding & planning to build up position).

I am only sharing my observation from the technical aspect.... if u decide to buy bcoz of my observation, u buy at your own risk (I cannot take responsibility for any loss u may incur). TA cannot guarantee profit bcoz there r many other factors that may influence price action.

@CutieCutie: I'm glad that u r still around. Very soon u will get back your money without loss... & mayb even make profit!

Hehehe!! hlafdz hoping to double his money from 50 sen to RM1.00. I also hope so.... I've never experienced doubling my money in a few weeks. Hope this can b my first time to experience it.

Sounds like Betkaukau not yet bet kau kau leh.... Y? still waiting for price to drop to 20 sen?

Waah! hlafdz so confident now. No more takut-takut price drop ah?

Bloodbath everywhere!!

They want to reduce the hatred from ikan bilis b4 the election (after all the damages they have done in the stock market for the past several months).

@mobuzz: Thanks for your lengthy explanation.... it's good for us to know what other people think but i agree with u that there r many negative influence in this forum. These negative comments can lead some people to make wrong decisions.

Hahahaha!! In this forum there are many sifus.... 2 or 3 sifus are honest & helpful but quite a few fake sifus here too.

Yes, their FY 2019 is Feb 2018 to Jan 2019.

Taik Master made big mistake twice today.... after he sold all twice, the price keep shooting up. That shows how good is his knowledge in share trading.

Who knows? after parliament dissolve the 3 Big Stooges will stop dumping tens of millions of shares everyday? (wait for instructions from winner of GE14) There may b a chance that SAPNRG can shoot up to 60 sen & then 70 sen.

Yes, look forward for better next week but also don't b too happy yet... who knows mayb next Monday die kau kau (but hope not). I hope rr88 (rugi-rugi 88) & Pmaster will not appear in this forum again. With their curses.... things can sometimes go wrong (e.g. make wrong decision).

jad88, the sharks use only a small amount of their shares (maybe worth around RM3 million) to press down the price but all the ikan bilis who panic sell will collectively sell more than RM30 million & further press down the price to a lower level. Then they use another small amount of their shares (again around RM3 million) to press down the price further & ikan bilis continue to collectively sell another RM30 million of shares & the price go down further. Then the sharks will buy back around RM6 million worth of shares a very much lower unit price. In this way, the sharks will end up with a few million extra shares. When they suddenly buy back the RM6 million worth of shares, the price will be quickly be pushed up to the original higher price. They can the sell off the extra few million shares at higher price & pocket RM1 or RM2 million in cash while still retaining their original number of shares.

Not sure whether Pmaster's claim that he made RM2 or RM3 million from trading SAPNRG recently is true or not (most likely big lies) but he himself also claimed that he lost millions (sounds like more than RM3 million loss) buying & holding SAPNRG at RM1.30 average cost price last year. So, the conclusion.... his knowledge is also not good & he is also not a good investor (& suddenly turned speculator). When he used to claim that he was a long term investor, he could not continue lying to people bcoz SAPNRG's price kept going down. Now he claim that he is a short term trader... that way he can continue telling lies about how many millions of RM he made.

I agree with cutie. Hng33 is a very good contra trader. I learnt to take quick profit taking or cut loss actions from reading his comments even though I am an investor more than a trader. I realized that very often an investor have to resort to speculative actions (especially with SAPNRG) to protect our investment capital.

Don't get me wrong hng33... I didn't dislike u. In fact, sometimes I really admire u. Feel free to post your comments in this forum. It's a free forum after all.

smartepf, I am aware of that too (it definitely looks like their intention to do so).

hng33, I agree with u about using FA as a basis for buying & using TA for short term profit taking or cut loss actions. That's y I welcome your comment in this forum (& learn a lot from u too, thanks). I just hope the other new comers won't get confused or trapped in a certain position bcoz they r definitely not expert like u.

Just don't use fundamental analysis for short term ride, otherwise will fall off the ride b4 the TP is achieved. Yes, everyone wants SAPNRG to recover.....

hng33 always use fundamental analysis to encourage people to buy SAPNRG but his own actions are always a contra player. He may hold largest stock exposure in SAPNRG in his portfolio but he can suddenly sell everything to lock in a few cents handsome profit. He will not wait till his own TPs of 60 sen, 70 sen or 80 sen. I welcome hng33's comment in this forum but we must always b aware of his contra actions.... after all, actions speaks louder than words.

Still too early to tell whether it is going to go up or down further.... wait for 4:00 p.m. to confirm direction.

So fast coming up again.... I thought I could buy back more at lower prices.

I sold a lot in the morning but just bought back some at 0.555. If go down further... will buy back more (only small quantity each time). I suspect it may not close too low today.

Now clearly heading south.... better act fast.

The 0.560 wall is rather thin... can break anytime.