i was given to understand that very few scripts are available in the market now....so any single selling will get a double buy....by virtue of small cap co....and easily manipulated!
pzul - Maybe only lboonk79 will know, so have to wait for him patiently to return from his A3 test drive. But anyway, either hold medium term (it is a profitable company with growing revenues /profit) or be happy with present profits.
The price movement can be quite volatile from here due to the limited scrips ie they can push it up quickly, they can also sell down even more quickly.
Only limited retailers participating as there doesn't seem to be much interest (if you check i3 threads).
RSI 86% and %K is marginally@ 2% higher than % D , daily trade is intact unless it breaches lower in RSI and % K , contra players and day traders will unload all their gaining stocks to preserve cash,,,,
RSI 81% still intact but trend is weakening....due to contra players and day traders unlocking ...but the possibility of spiking cannot be ruled out totally . TP 70/80c....
Catalyst to move higher ....the pullback will give some breathing space and gives chance for those still not in this special MMSV liner.... RSI 81% still intact for a more reasonable PE ..... Dow Jones 17,210.06 +154.19 0.90%
As expected RSI ups to 83% and % K higher than %D , no chance to buy cheap now coz the ship is moving with momentum...it just can't stop suddenly to pick up more passengers ...
up and down as expected coz profit taking and the 2-3.5 c stalled bulls existed after the pullbacks...it need to clear the backlog first before the engine starts again...
Audi A3 1.8T quattro deposit done, hope you guys gain something here. Still far from the TP togo, before the 3q result coming up, buy some to huat more. Goodluck Guyssssssssssssss
Beware guys... There was along down Candle with highest volume means sell signal! Big boys already out from this counter. unless u Don't mind to take the risk and wait for next quarter result to be out. Perhaps by the time it has drop back to 0.09
kingston1 : I think u r talking rubbish here...this is a counter making more monies than any penny stocks , moreover its paid up capital is very small, major shareholders are buying more aggressively , too few scripts are floating in the market . Your argument that this stock may dive south to 9c are uncalled for and without any basis. Talk cork only!
Another point of contention is ....Quote "There was along down Candle with highest volume means sell signal! Big boys already out from this counter" Where is the down candle , I find no such candle except inverted hammer at the top signifying very strong support...by looking at the RSI , No such thing as white candle selling down aggressively as perceived. Purely uncalled for statement and talking more rubbish than ever before...Better learn up more candlesticks than making any uncalled for remarks!
very few or little selling done by looking at the volume and that's may be reason for high RSI @82% . Increased inertia for the satellite to take off from the blocks...
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....
leslieroycarter
5,777 posts
Posted by leslieroycarter > 2014-09-24 10:49 | Report Abuse
i was given to understand that very few scripts are available in the market now....so any single selling will get a double buy....by virtue of small cap co....and easily manipulated!