even PA at 14sen is beginning to start a nice up trending pattern. For me, i have lower confidence to hold PA. Fundamental not so good. but sometimes, chart pattern over rides fundamentals, ao we can't under estimate the power of PA too.
qwerty - mulpha technical indicators like ema and macd does not show an uptrend as 10/20, 10/30, 50/200 price bounce below... and macd line still have not crossed the signal line...... I dont know whether my interpretation is correct though. EPS is negative. WHat gives the optimistic view? Thanks in advance for the advise.
hi qwerty,TQ i have collected handal-wa at 0.165 now looking at luster @ 0.125. any comments please? I am trying to q more LB at 0.85 but no luck yet my previous was at 0.76 when you 1st mentioned it in July.. Thanks to you!
Gud advice n reminder qwerty...old people like me needs frequent reminder becoz we tend to forget fast..thank you much much ..enjoy reading ur post..keep it up
Yes, u need to be worried...Nothing is full proof. Yesterday, every chartist says clear skies.....look what happen ? everyone looks at charts ...the same chart , to draw conclusion for attack or withdrawal.....Its better to excercise a bit of caution..Sometimes, they purposely make the chart look in that manner....
hi s12456, when i say Luster is nice doesn't mean i said its good to enter. I just commend on what i see from the chart. what is cooking in the pot, i don't know. the rest is up to you to decide. But if you wre to ask me ' can i go in to Unisem? my answer is a straight yes.
S12456, I asked qwerty abt Handel -wa is bcos I'm hopeless in TA. Need to know when is best time to enter. I buy based on a friend inside there. Trust bet. No research done. Purely base on trust. Possible News month end I was told. I just risked it with small collection.
Hi qwerty. My risk appetite would be moderate. I can only look at the market when I'm free. Just looked at the charts of MULPHA and UNISEM. Based on recent studies on charts alone, I agree that could buy MULPHA now. But why UNISEM? Seems like overheat? One question still bothering me. How do I gauge when is the wise time to sell?
hi AbbyLOO , IFCA still hv room to climb. Do not enter straight away, monitor 1st on d trading pattern. it can reverse down quickly for short duration and then push it higher to align the indicators. Safe to buy during dips (if any)
hi aikwais , Unisem is not overheated yet. RSI still low couple with other indicators. This bullish stock has broken out from 1.80 level and will target 1.95 to 2.10 before resting. But it will not retrace back to 1.80. By resting I mean that it will toggle up and down with a small price fluctuation.
hi aikwais , there is no best time to sell. It is a very complex question and I will hv to write a lot to show u all the scenarios by when u ask how to gauge a wise time to sell.
Hi qwerty, may I know how do you determine the support and resistance level? is there a specific that you use? I have all your recent post in microsoft words to study them. haha I think you could become a lecturer if you want to.
Ha ha, qwerty, u r here, I always view only particular counters i invested like alcom,vs,skpres,mulpha,subur....... that's y have not met u for long time.
qwerty: have always appreciated your kind wisdom and unselfishness. of all the stocks u have mentioned - which has not gone up much and is worth having a go? cos most of them have gone up by alot lol
There is a chance for LB to dip lower if they wanted to, maybe back to 0.835 and then back up again. Tis becoz 2 of d indicators out of 6 is not fully cooled. This is the scenario at mid-day closing.
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....
qwerty
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Posted by qwerty > 2014-08-18 14:17 | Report Abuse
even PA at 14sen is beginning to start a nice up trending pattern. For me, i have lower confidence to hold PA. Fundamental not so good. but sometimes, chart pattern over rides fundamentals, ao we can't under estimate the power of PA too.