Hi MC Hammer!!! if i m not mistaken, it is currently trading in corrective wave & expect consolidation bit longer. Recent retracement was down to 0.74 that was the support level & also my 25days SMA thus price rebounced. Next support lvl is 0.70-0.69. It is good to note that vol has not exceeded 30ma during the past weeks' retracement meaning, investors are holding tight with positions. Since impulsive wave was over-extended, i anticipate the coming wave maybe not be as strong & my TP1=1.14 & final TP zone=1.48-1.52 to end the final wave. I maybe wrong & trade at your own risk.. Sis Hammer.
Hi twobits! Im using mbb online platform n below the chart, there is a vol indicator n a 30days moving average draw auto across the vol bars. U can preset the days n software can help u to plot.
GHLSYS and CENSOF share prices keep nosediving, what is going wrong over here?? Perhaps time to buy and accumulate more? Buying volume and support are too low and weak, will continue to drop I guess...
Current prices do not reflect their intrinsic values of those stocks at all. Give it 6-8 months and you will see what I mean. The market always corrects itself through the actions of arbitrageurs, astute investors and herd conformists and provided these two tech companies perform as well as they did this year in the coming year, share prices should reflect the income increase they will incur in the coming time. Nothing to worry at all.
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....
CityTrader
8,151 posts
Posted by CityTrader > 2013-11-13 16:01 | Report Abuse
Hi TM, just finished my meeting, i q to buy at 0.80 but not done this amt..Of course, i wanna get it..