Trust TA. Mother n WE has a very good chart. It will rebound very fast. Election is coming soon. If u don't take this time to earn money, then it may b difficult to do so after election. I am still waiting 1) quarter earning announcement in end April, 2) announcement of new awarded projects, 3) restructuring plan. It is ur choice to sell or hold.
WE is at all time high meaning it's held by happy winners and hardly any losers. Some will naturally wants to take profit. I'll hold until the Mother turns bearish.
For me warrants is good for BUY & HOLD and not trading because it tends to move suddenly and diffcult to catch. A bit like catch fish fishing - leave the hook there and wait forthe bite.
Since the WCT-WE price spike from 0.20 to 0.375, up about 87%... There are some distribution at the the high since last fri. MAYBE it is advisable to take some profit. ADVISE to take profit and wait...
martinbartesque.. Just sharing with you, technically analysis (TA) has some weakness and short comings. TA is not applicable in stocks with low liquidity stocks which can be easily manipulated and controlled.. TA is only well applicable in stocks when there are huge liquidity and NO a single group can control the movement of the stocks... FOR WCT, i am doubt TA is useful, maybe it can be used as a guide. When WCT-WE move to high of 0.375 (up87%), TA show bullish signal. The big GUYS are starting to distribute and unload... MAKING ton of profit... JUST SHARING...
Another mistake in investment is dont always : e.g. i Assume, i hope or i think.. Do your own research and justifications.... Fundamental is basic in investment...
GOOD... Market is so dynamics involving many factors. The plaform here is good for discussion and exchange of ideas. Beside fundamental, i am looking at various factors in the market to make decisions... e.g. overall market sentiment, market velocity, momentumn, market punters' movement and upside vs down side, to name a fews... That is market for everyone to make his own decision, there is no wrong or right, As long as making money is good decision.. GOOD LUCK>>>
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....
wongchin
1,006 posts
Posted by wongchin > 2017-03-30 19:10 | Report Abuse
Today i sold off half of my total we investment. Make abt 10k. Huat ar.