The term correction is just a word being used in the market place. The myth is that the price toggling up and down is moving all the chart indicators timing. when d indicators are high up, the need to press down d price. So if you can see what I view from my angle, you will also conclude that correction is meant to bring down the chart indicators, and thats all about it.
It is very very important for each investor to know for one self what we want. Only from this fundamental answer can we as an individual plan ur investment. This is crucial.
hi 3alternatives, patient alone is just a small portion of my investment strategy. we need to be decisive with our investment to be always in the winner position. Again the answer lies with each investor risk appetite.
when i see my investment is not fruitful, ie. price not moving per my expectation, i will sell it within the same day, sometimes within hours. I am a super aggressive type. I don't hv patient to wait. I don't keep sleeping stock in my portfolio.
from the convo so far in LB, i notice that those who invested in other counters are quite knowledgeable in their stock pick. to further enhance ur entry skill, one must use the chart to help you.
qwerty, based on your holdings you seems have high risk appetite. I do have holding power but I don't like sleeping stocks either. Previous bad experiences, sold the stocks and the price keep moving up. Still learning the TA.
d SKP res commenter has not spoken b4 when i did the write up there. likely he has lost some info that i posted that made him mad for deleting it. no hard feelings..its becoz of others that i delete the info.
I m ur silent reader. I will support whatever good job in this forum. You and me recommended this LBALUM at the same day. Both of us also read it through FA and market development. How ppls buy sell earn loss I would say is Secondary.
no matter how ppls commented u for others counter. I must say I give u my fullest support on ur good sharing.
hi FX Lee , IFCA close at 27sen with 1 board lot. If you check with the stock chart on last friday's closing candle stick, it flag a '+' symbol. This sign denote a reversal. A double '+' confirms a reversal. If the '+' appears after significant price surge, it is likely to come down. so this's the time to sell. must also consult with chart indicators to ensure that the signal is valid.
hi char1234, each stock has its own chart pattern. and from there it will dictate the price movement. normally price shooting out too steeply after a breakout pattern cannot continue to move up the following day. all in all the stock chart pattern is the commanding factor to determine how d price travel.
Hi uchitech008, VS lightly to breakout 2.22 again. You chose a very good stock in ur portfolio. looking and tracking at Mulpha, it looks bullish with up trending pattern.
hi moneyfacez, arank looks good, fundamental and technical. PMBTech's chart is superb... very aggressive. shd be ok to buy and hold since it recently broke out.
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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....
manutdchampion
425 posts
Posted by manutdchampion > 2014-08-18 11:22 | Report Abuse
qwerty: one question what your tp for this LBALUM?tq