Now bull is testing the resistant.. And bear don't allow bull to push for higher.. In the end bull might get thru and pass 1.00 maybe by next week provided market is good, just my opinion... Today might probably close with white candle stick
I am new to this and trying to learn as much as I can. This looks like a fundamentally sound stock but its chart does not look good. Price looks like it could fall further before finding support at 0.85. It looks like a long way to 1.00 and it has first got to clear the 0.96 hurdle. Like many people here have said, this stock may be a good mid to long term buy. Correct me if I am wrong.
ehm,, drachen, i dont think will fall to 0.85... and yes, need to clear 0.96 before moving up to 1.00. how soon? your guess is as good as my guess... i'm also new, just give my opinion and is open for discussion..
might probably close at 0.915 and forming garvestone doji candlestick... if this happen... be carefull to all contra player... any body have the same thought?
just simply traders want to close all position when end of the day. let those trader lose money, let them sell at lower price.... got big fish accumulating low price
got a few stock brokering firm hiring traders to trade those counters la.... u go jobstreet search about HDBS, MERCURY SEC, AA Antony... u will find it
Thanks, thlim123. Price well supported at 0.915/0.920 for now. Don't know much about candlesticks. At 0.92, what has been formed and what's the significance and repercussions? Regards
I think bottom line should be on 0.895/0.900 because very high volume transacted above this price since last week... This counter move around 0.895-0.955 for almost 1 week.
Today market will be very interesting. Let be prepare and see how the trader running here and there and throw all the stock. Get ready to collect them when the price is right for you.
Not to put cold water on this discussion thread but in my professional opinion, this stock is going south now unless there is a fresh news on the development of PBD and the land deal.
well..it wud be a very healthy correction if it can get back to 0.80-83 lvls to recoup its momentum..n a very good to get back on the gravy train again..
yes..we shud always invest with the mid n long term view in mind..while staying nimble n getting in n out within the s/term volatility.. avoid contra n s/term noises..
Looks likely to find support at 0.85 if sentiment doesn't improve. No thanks to CIMB Nazir's warning of foreign hot money fleeing Asia's emerging markets. Malaysia would be most vulnerable if he is proven right in the next week or so.
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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....
powerwk
1,690 posts
Posted by powerwk > 2013-06-19 10:56 | Report Abuse
wow... just login... and see the chart from opening this morning till now... what a nice mountain to be... up up up and now down down down...