QUOTE(yhtan @ Nov 22 2012, 12:58 PM)
If a stock price remain yo-yo for quite some time, then breakout, is that term as bollinger breakout?
So far i use RSI as indication to buy in
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The Kuan's family manage their business risk really good, and they are well plan in their future, included their stakeholder.
If u worry about growth, China is a huge market

The healthcare in China still below-par, the Kuan's family knew they are over-exposure in US market, and they are trying to expand into Europe, India and China. Don't worry lah Boon, this is the counter i spotted the best well managed

U love to audit hor, later i "shampoo shampoo" u baru tau
Now trying to downsize my stock portfolio, a bit over-diversify

Why Pharma? no research in this counter

If the stock price remain yo-yo for quite some time, it means that the stock is stuck within a trading range.
Breaking out of this range still has many possibilities.
1. A real, strong and meaningful breakout of course is everyone's wet dream.
The stock erupts and a violent surge follows, causing the stock price to move drastically higher.
2. Bluff you breakouts.
Many small time traders can easily discover a stock stuck in a trading range.
After accumulating some shares, they act big, they think they can be the stock pipe piper.
These small timers then eat the stock causing the breakout..
Initially some traders will follow...
but once the buying momentum fades...
oh oh... the tipu breakout alarms starts to ring out loud..
and very soon the stock will falls back inside the trading range.
3. A stock could always still fall back to it's breakout point after breaking out...
I am not good or neither am I comfortable employing such tactics in my trading.
LOL! Maybe I am lousy.

And I don't like the waiting...
Waiting for a stock to breakout from its trading range is like trading a 9 month option...
everyday sitting and waiting.....
like waiting for a woman to give birth.. hehe
It can be very frustrating one...
and then when it breakouts...
we also have to pray that it breakout upwards... and not downwards...

Shit! After typing so long, I realise this is not your question. LOL!
A bollinger breakout is when the stock price closes above the bollinger band.
Yes, sometimes when a stock breakout from its trading range, depending on how strong the breakout, it could also break above the bollinger band.
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LOL!
Weii.. Ah Tan ahhhh....
That one info...
You posted on this thread and I read it mah.
So sue me if I have good memory.

Ah... this is what a Auditor does ah?

Pharma? Yeah lack of research on this counter.
I believe HL got research on it.
recent news from Business TimesAnd yes, I saw that ICAP got shares in it. ( I read ICAP annual report the other day )
They got it as bonus shares from their investment in Boustead.
What I know is, the composition of the company is different.
Last time, they are more of a distributor.
Recently they bought a manufacturing company, which means, they are now enjoying a much better business margin.
I don't think the market has fully value this 'new' Pharma, yet.
It should be worth more than 12 bucks la based on current info...
And I won't be surprised if it's worth more I think there is much potential to grow...
I like growth companies a lot.
Shit too long jor .....
Shampoo stock what stock code?