This morning until 3pm look stable and support volume also look ballacebut come late afternoon it sliding like waterfall with heavy volume... Something happen in this stock that we don't know. That y i said it quit risky.. 2 days of late selling...!!!
May be i near to the answer why this week Alam on downtrend mode... may be due to these possibilities: 1) According to latest announcement date 3 Dec 2013- Tabung Haji bought Alam on 27/11..28/11 and 29/11 ... so.. they may be play a ''press and buy'' at lower price.. 2) Tabung Haji push up the price and let director sell their stake..?( Tabung haji become a dust bin for Alam director to dumb their share..) but i think the 1st assuming is make sound than 2nd assuming.. by the way this is only my assuming.. not a call for buy..sell or hold..
Risk still there coz our Market at ''high level again'' and ''market weather at USA also not in good mode.. if they vomiting blood than we also get the pinch''...
Alam has it own trend. Last year it sailing smoothy but lately with the influence of invisible hand it quit risky. It can rise to sky limit and sometime down without any notice.. By the way the company is good fundamental.. Still can play but with this current of economc situation hit and run strategy is good to ptactice..
yeah usry, im new beginner and not yet good in hit and run :( perhaps too greedy as volume is too small.. may be next is earning few hundreds is good enough..
i also in learning stage.. lot need to learn in market.. not an expert,some times i also stuck in this stock but my be my luck and due to Alam's fundamental is good- The price going up again within 1 month of holding.. By the way this is not a call for hold,sell or buy. your money is your responsible..
sorry Jack, what is TA? dont really understand what you mean by observer the price actions on the counter. btw, what software you guys use for monitor or analyze all these? so far i only login to OSK188 platform, i3..
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....
usry
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Posted by usry > 2013-12-03 15:46 | Report Abuse
I thought it will down to rm1.45
I sold at rm1.50 yesterday... :/