pattern looks similar to Digistar & Pesona. Support so firm at 0.445 for 2 days. If Wed the Low=0.445, then it could trade downward. My personal opinion only & pls dont be influenced by me. crawler is FA so he can keep for months..
Seems ok after today Low=0.44. Can form a flag. I m worried about the flat base like Digistar & Pesona. Calvin, u are not alone as i bot high too, hehehe, cheers!
My opinion: when the price loiter around 0.35...those bought at 0.40 will worry that if they have bought too high...when the price further drop to 0.325, they decided to cut loss. Then now the price gone up to 0.47 and back to 0.44, the same doubt appeared again. When the price drop below 0.40, they cut loss again...Buying based on price vs buying based on business perspective will probably have different psychological effect. Not throwing any big idea here, just sharing my observation after following this counter for 2 years.. Happy investing..
Agreed with yistock. This is the most intersting n challenging part of trading. This also trains yr physcology to see how strong your mentality n belief in that particular ctr u entered.
Price up and down influence by both internal (the company itself) and external (macro environment). When the macro environment is not steady (eg.. current debt limit issue, Syria chemical weapon, QE tapering etc), we don't expect it will do any good to the share price. Even blue chips are not spared. But the recovery is also in fast pace when the panic is over. Ultimately, company growth and earning ability are the key thing that determined the future of the share price. If you are sure that cuscapi is(1)providing good earning prospect 2) theme play (high tech smart gadget) 3) provide solution to customer's challenges (man power shortage + overall client's profit increase from leaner business process) 4) leader in the same industry 5) huge market potential as of Philippine and China the world largest population with 100 or 1000 of chain stores, 5)etc..I like to use the idea by many successful investors...if this is a good counter, every price pull back is a buying opportunity. Personally, my challenge is not always on price down, the challenge is always when the price is up. Looking at the paper gain, "bui tahan" sometimes. But still got to stand it for higher profit later. Again, not sharing any big idea here, just 2 cents worth of opinion..happy investing..
If you have notice, there is a gap between the 1st half year and 2nd half year. Personally i think the november 13 & February 14 quaterly reports will play very significant role in driving the share price. Let wait and see ... happy investing
Yistock. I like trading TA. It is full of excitement n challenging. Trading is not fishing. U got to search yr destination in the chart. Once it is targetted, bingo, n fun is there.
With good software in hand, only matter of time reflect in REVenue! No wonder directors so full of confident! My thumbs up! But trade cautiously! TP 70 cents with a lot of valleys!
I hv no idea in fact. If next 2 - 3 quarter reports post poor results, i will consider sell at whatever price. If the result is acceptable, i.e. CAGR within expectation, then will hold real long. City Trader may be able to tell. My warrant fall all the way to 0.13 in august, when i bought around 0.23... i was still buying when the price up to 0.18. Last week 0.31, i bought another 50 lots...i'm TA proof in fact...
Becarful this stock & today is the 3rd day for its suppot at 0.45. Not upsiding by today may cause danger to price dip!!! Hope it is not digistar & pesona in making.. If so, it could dip to 0.37
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....
lee9fold
4,730 posts
Posted by lee9fold > 2013-10-14 16:10 | Report Abuse
why not a good sign CT?