I like playing speculative counter cause it gave oppo to make money. I am expecting warrant will drop further to reach back at 0.30. Next week, there's will have some fake up hold or strong support to maintain the price. Eventually all it need one day to have a big drop like today and it will go back to 0.30 for awhile with all those high volume gone. By then I will go in again quietly and to tp will be 0.45 for short term. Now just concern trade on sumatec, pan Malaysia, at and each.
Still have some time to exit temporary and preserve your funds for revenge later as "CUP" may turn into "buttock (W)" later, for a powerful uptrend in few weeks time after the UMNO Assembly !
To trace down to the buttock formation, share price have to find the previous bottom first to form d Classic Double Bottom ! Cindy Cats r very good as manipulating Chart patterns mind U ! A Group of high network networth traders and investors can turn stocks upside down ! Haha !
Depends on wat u mean of 'play', long term wise... Still got high potential... Short term wise, i predict will consolidate 1st... Tis coming week or weeks to stable dn at certain price... Let see how next week...
Monday don't be hood wink by the operator pretentious of supporting the price on opening. Operator will take the cue from dow Jones good closing last Friday to support early in morning n later probably 5 or t10 minutes after 9am they will short sell n buy lower for gain. BE CAREFUL especially if you are on contra. Throw on strength with hesitation or you will regret more. Any sensible operator will wait after T4 or force selling before bringing up yhe price. The extreme high volume Fri obviously will lead to further down trend.
Calvin1988, it simply means just sell at 1st instance of a rebound if any. It is almost certain it will be winding down with immediate 1st support at 0.36
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....
TESSA
7,919 posts
Posted by TESSA > 2013-11-08 23:19 | Report Abuse
Same here stomachache some more :(