good morning kawan kawan domestically all negative news ..abroad yesterday all closed down in terms of percentage much more than our bursa; would this morning a sign of a tidsy bitsy rally from nikkei this morning as well as a positive dow future help to cap the down turn in our bursa today yesterday it broke the support at 1698 and the next support is at 1681. pantech, fundamentals in term of operational efficiency is just average with the current price deemed as fair has the potential to rise within the two months some analysts made a buy call although there is some net selling from its institutional holders. technically, on the down although there is sign it has bottomed at 64; so doji is a sign of a possible reversal to start wave b (up) so if trade above 66 sen then very likely it is the case with a price target of 68 to 70 sen heng heng trading
it would seem that our bursa is currently more correlated to shanghai than tokyo; so it could be prudent to watch shanghai closely. apart from that the resistance at 1698.. good luck.
hi rchi..im tempted to buy fbmklci-hk after reading ur comments...cud u pls share more abt it? I mean once I bought it how long can I keep it? is it just like buying a normal stock? any xtra charges? is it if klci goes down,it will definitely goes up?
n lastly can pls share of ur thoughts on ewein-wa? still a good buy?what is the best price to enter?
JamieC if u r newbie dun play hk as it is high risk high return..basically if index drop 7 pts hk will increase 1 sen..but u need to monitor constantly. and i m out of all stocks currently,we dunno how long this bear will last.
rchi sorry to disturb u with one more question...I noticed there's a maturity date on 1/2016...does that mean once I bought HK,the longest i can hold is till that date?
ehw i felt obligated to respond; it depends on your risk appetite and future outlook of bursa. my suggestion is to hold as there will be another drop in the wave 5 stage. for trading purpose the tp had been provided and done with. i think it is now the start of wave 4 ie a technical rally henceforth. so patience is needed for that final downleg to come and rchi believe it would likely be in the month of july and so do i. wishing everyone the very best
dont worry bro scjm, i do very understand the statement of buying at own risk, and ofcourse i did not follow blindly to buy without little understanding. thank you so much for ur kindness respond , do really appreciate it..
hi rob z3 ...is time to rebound la ...points that matter ... not price ...wish can go back 13000 ... per 100 points for now around 2 cents ... above 13000 will be around 3 cents per 100 points ...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....
Posted by tjhldg > 2014-03-08 22:27 | Report Abuse
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