Let's the price move up slow and steady .. A day of surge will cause massive selling too... So the current pace is excellent. Hold about1.00 tomorrow about 1.05 by Friday reach 1.10....
The old Mitra hits 2.80 from a low of 50cts in 2009 after reporting a couple of double figures eps. Seal is currently taking the same path to 2.50 if the final qrt shows double figures eps.
the wind swifted to cheap pennies those around 30c-40c. to stay afloat at 1.00, need very dedicated buying force. next few days r profit taking for those who bot at 82c-85c level as they locked in profit of 10%. hahaha. 82c+10% =90c.
will drop there lo.
first time since goreng has a big doji on the peak. if tomorrow dont drop, i want to burn all technical analysis books.
i sold all. the remaining 1/3 i dumped all after lunch at 1.00. no matter how unwilling but seeing the chart was really scary, it may wipe out all gain in the matters of seconds. this stock has completed a marathon run from 60c to 1.02. sure has to rest la, others are taking over.
look at knm. if knm big goreng all sell seal n jump into knm..
Alex, I swap into a stock on 3rd gear kicking turbo mode. This seal now on autocruise. Everyday up 2, 3 cents, when come down, drop 5c to 8c. No patience for snail stock.
not all doji's are reversal.. sometimes is false doji... i consider this still uptrend, because high/low price is not so significant with the open/close price.. i see this as, when the price moving up today, sellers thought this is at resistance level, so pushed the price lower thinking of resistance means must drop... but the drop is not seen as big
Fast5, open 99.5, push beyond 1.00 many chase, thinking cleared resistance. Only to closed below resistane, wait for those who buy 1.01, 1.02 sell down to 95c on friday.
Johnte, u r too pessimistic. It should touch 2.50 by Nov this year when split/bonus announcement is made. Normally, a growth stock will embark on the said exercise to reward its shareholders.
Optimusx, while awaiting for Seal's feat to hit >300, plis take a look on ESCERAMIC, one the the cheapest penny stock on +ve momentum. Invest at your own risk.
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....
wt222
1,228 posts
Posted by wt222 > 2014-06-17 15:26 | Report Abuse
If it doesnt go up tomolo then it will come down....