It is difficult to fight against market forces. Homily chart indicated strong bankers presence, although there is minor retail sell off in the last few days, given the weak sentiment from US. The price will steadily move higher in due time, but yesterday has triggred a sell point due to continuous global sell down. So, expect some weakness ahead and it is always good to buy on the dip.
In the last 3 qtr results, we expect Huaan to record strong profits given the rising met coke prices which at one time hit the peak of 2,5XX. But the ave selling prices of its coke in the report was between 1,9XX and 2,0XX, meaning they hv been selling way below market. So, the rising price now does not seem to justify. Maybe, now they hv a way of selling coke higher than market. Anyway, market may hv known something that we don't.
Actually huaan will benefit from steel demand ... Any big project ard the region will benefit metallurgical coke sale and demand and hence more profitable for huaan
Demand for steel products increase.... demand for meta coke increase.... stock for meta coke at steel mill decrease... indirectly, will increase the sales of HUAAN...
It was the same idiot blocking the excel at 0.26, then withdraw it, then bid again at 0.250, then block again with 5.7m shares at 0.26. YET never see deal volume increase by that 5.7 or 5.6m shares. This joker is preventing the shares up now.
If this dummy idiot of bid at 0.25 n selling at 0.26 with his dummy 5.6m or 5.7m shares but no deal seen to increase tge deal volume by that amount. Huaan shd have up more tgan 0.26 easily.
Operator got bored already. Want to accumulate but no one sell down anymore. Want to goreng but no one buy up because klse red sea. In the end operator just ding dong the price
No dumping. Syndicates just want to bait you to sell down so they can accumulate more. If they want to dump they would not have hold the price at 0.25 for the past 7 trading days and put huge block at 0.27
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....
adamdacutie
1,456 posts
Posted by adamdacutie > 2019-03-22 09:20 | Report Abuse
limit up is 0.555 la