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 Bursa Traders Thread V1, Coook cooook cooook !

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Boon3
post Oct 8 2012, 12:57 PM

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QUOTE(kueyteowlou @ Oct 8 2012, 12:50 PM)
cry.gif

Please don't bring me go drink coffee.. I every month lose money 1...

MAS-CG losing 50% ad...  sad.gif
*
Look on the bright side of CG.

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Boon3
post Oct 8 2012, 01:05 PM

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shocking.gif

Yikes!

This type of stuff also you take out and play!

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Boon3
post Oct 8 2012, 04:37 PM

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QUOTE(kueyteowlou @ Oct 8 2012, 04:31 PM)
please someone tell me.. what is MAS doing ?
*
rolleyes.gif

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Boon3
post Oct 8 2012, 04:50 PM

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All also want to hold Chef Long!

tongue.gif

magika: Your shit damn power. flex.gif

Make a lot ah? tongue.gif
Boon3
post Oct 8 2012, 04:54 PM

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QUOTE(magika @ Oct 8 2012, 04:51 PM)
Go on rub it in.. vmad.gif  he..he..just come back from meeting lah..
*
doh.gif
We talk from 92 sen onwards wo.
97 breakout price wo.

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Boon3
post Oct 8 2012, 06:43 PM

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QUOTE(magika @ Oct 8 2012, 05:03 PM)
Chef, can give link on cash warrant rules mah, thank you ..thank.. you.. wan study a bit then can talk wind like Boon  flex.gif
Like this wind can blow over here. rolleyes.gif




Boon3
post Oct 9 2012, 08:38 AM

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QUOTE(edwin32us @ Oct 8 2012, 08:53 PM)
Will SYF Pattern Dream come true.
As mention on the previous post on 5 October that it shows a similiar pattern that after a Doji it will formed a black candle with low volume ( PROFIT TAKING) . Tommorow there might a chance to go up a big white candle..
[attachmentid=3090444]
Indicators
1) Trendline - Broke above the down trendline (Bullish)
2) Support/Resistance - Formed higher low (Bullish)
3) MACD -4R3G (Bullish)
4) RSI - Retracing toward 30% (Bearish)  .If white candle there is chances of reversal sign
5) STO - Bullish Crossover and broke above 20% (Bullish).
6) Ichimoku - a) Above  support cloud (Bullish).
                       b) Conversion line below the base line (Bearish).
                       c) Price above the baseline ( Bullish)
7) Candlestick - Doji Star Formed with a black candle. ( Bearish).
8) Volume Distribution - Small Selling Pressure is stronger ( Bearish).


[attachmentid=3090445]
9 ) Company Performance - Earning Report getting better and better no wonder many investors are eyeing on this counter
Conclusion:
Bullish -

According to the pattern on 16 August.. It went up pretty high a day before and pause for a while with high volume and follow with a black candle with low volume ( Profit Taking ) and then went started to go up since 22 August from 0.54 to 0.83..
Previous Call on 3 October
E ( Entry) : 0.67  ( Closed at or above it)
S ( Stop Loss) : 0.62           
P ( Profit) :0.735
RRR (Risk to Reward Ratio) = 1.3 (Average)

E ( Entry) : 0.67  ( Closed at or above it)
S ( Stop Loss) : 0.62           
P ( Profit) :0.82
RRR (Risk to Reward Ratio) = 3(Rewarding)

E ( Entry) : 0.67  ( Closed at or above it)
S ( Stop Loss) : 0.62           
P ( Profit) :0.86
RRR (Risk to Reward Ratio) = 3.8 (HIghly Rewarding)


Buy Call for 9 October
E ( Entry) : 0.755 ( Closed at or above it)

S ( Stop Loss) : 0.67          
P ( Profit) :0.82
RRR (Risk to Reward Ratio) = 1 (Average)

For more risk n higher reward
E ( Entry) : 0.72 ( Closed at or above it)
S ( Stop Loss) : 0.67          
P ( Profit) :0.82
RRR (Risk to Reward Ratio) = 2 (Good )
Next Resistance at  0.68 / 0.75 / 0.83 / 0.877
Support at 0.635 / 0.615 / 0.59 / 0.53
*
Edwin, great work as usual but a couple of comments.
Yesterday movement was bad with SYF closing at 70 sen.
With such a closing, I feel there's an equal chance the stock could go up or down. rolleyes.gif laugh.gif
Yeah, this is where some would say, them traders with all the technicial analysis, have not much idea what they are talking about. laugh.gif
I would just call this as a no-trade.
I agree with you that waiting for the 0.755 sen is ideal recommendation given current circumstances.
Yes, one is buying at a much higher price and this is where those with some 'cheap' mindset would be confused.
If the stock is going higher, why don't I buy now?
Well if one buys now, with yesterday's movement, there's an equal strong chance that the stock could retest its recent low of 64 sen, and if that 64 sen low doesn't hold, what's the next level?
By buying at 75.5 sen, one at least knows that the stock is moving in the right direction to test and maybe break its recent high. Yes, this is where I think the next set of exciting action will be at.
Buying now is early and it's premature. Stock might not even reach the action point and might stall and gostan to test the recent lows.
Yes, I agree that 75.5 sen is ideal price to go in.

Company Performance - Earning Report getting better and better no wonder many investors are eyeing on this counter

Yes, company earnings performance has improved a lot but I seriously doubt this is the reason, its EPS is really small compared to current prices.
Main reason was Clement Hii of SEGi has been buying a substantial stake in this company joining his old time kaki.
Goog news links: SYF
Yesterday Hii announced he bought another 1.83% in SYF. ( http://www.theedgemalaysia.com/business-ne...ake-in-syf.html

QUOTE
KUALA LUMPUR (Oct 8): SEG INTERNATIONAL BHD [] (SEGi) chairman Datuk Seri Clement Hii today (Monday) continued to increase his stake in SYF RESOURCES BHD [], after acquiring an additional five million shares or 1.83% stake in the furniture company.

Hii made an acquisition of 2.11 million shares in the open market on Oct 4 (last Thursday) at 69.3 sen a share, 2.7 sen lower than closing price of that same day. The next day, he bought another 2.89 million shares at 73.6 sen a piece.

Hii — who is also SEGi's group managing director — mopped up 7.75 million SYF shares on Sept 18 to raise his holdings in SYF to 15%, just three months after emerging as SYF's substantial shareholder with a 10.01% stake on May 31.


Edwin, note Hii's buying of shares on Oct 4. Isn't that a nice candle on the 4th?

This post has been edited by Boon3: Oct 9 2012, 08:40 AM
Boon3
post Oct 9 2012, 08:59 AM

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QUOTE(kueyteowlou @ Oct 9 2012, 08:50 AM)
hmm.gif

8th wonder of the world is our Malaysia Market..
*
hmm.gif

Err... why, what and how?
Boon3
post Oct 9 2012, 10:10 AM

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QUOTE(j-insigh @ Oct 9 2012, 10:06 AM)
Jz a noob Q. Ingens change to new glamor name? Seems like Q-ing up. Bullish soon?
*
New name is Ingenuity Consolidated Bhd.
Does this sound glamor? tongue.gif
Why bother with such a stock?
Awful stench from what has happened.
Boon3
post Oct 9 2012, 10:22 AM

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QUOTE(j-insigh @ Oct 9 2012, 10:13 AM)
For me it's jz a new toilet to shit. Lol. Same com jz slight rebranding lol. No share is bad share as long we enter at right timing. Nw I don't see it is going worst any soon. Well penny stocks are shit anyway lol
*
Any share that makes money for us is surely damn good.
Having said that, we need to know better ourselves.
Certain shares are really mean for the the toilet and be flushed away permanently.

Boon3
post Oct 9 2012, 10:23 AM

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QUOTE(Medufsaid @ Oct 9 2012, 10:09 AM)
Hard to short the market... In fact... KLCI is now as bullish as STI (s'pore index) is in the past 1 month.

Bijan must have deliberately pulled down the market pre-budget  hmm.gif
*
Meduf, seems like you are a futures player.
No stocks for you? smile.gif
Boon3
post Oct 9 2012, 10:25 AM

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QUOTE(SKY 1809 @ Oct 9 2012, 10:19 AM)
Man Best Friend - Man At work ..........

Work harder and climb higher  yawn.gif
*
Boss ok ah? smile.gif
Boon3
post Oct 9 2012, 10:28 AM

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QUOTE(SKY 1809 @ Oct 9 2012, 10:27 AM)
Ok now into bunker  yawn.gif

People say better not to trade too often  laugh.gif
*
Which idiot said that? laugh.gif


Boon3
post Oct 9 2012, 12:02 PM

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QUOTE(kueyteowlou @ Oct 9 2012, 11:48 AM)
brows.gif

he is big kaki ..

so when you want join us?  whistling.gif

maybank buy call MAS  rclxm9.gif
*
Cannot la.
I lousy at just trading based on charts.
Can't seem to be good enough. wink.gif
Boon3
post Oct 9 2012, 12:32 PM

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Chef Long:

Business must be good. tongue.gif

Attached Image
Boon3
post Oct 9 2012, 12:42 PM

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QUOTE(kueyteowlou @ Oct 9 2012, 12:34 PM)
hmm.gif

Futures market looks like quite famous nowadays... as you see everyone waiting to short FKLI ! lol..
Stay away from the popular opinion.
Most of the time, you can't win much from those views. tongue.gif

Boon3
post Oct 9 2012, 02:39 PM

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No play small! tongue.gif

Chef: RedTone ok bo?

Boon3
post Oct 9 2012, 02:56 PM

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Haha!
MAS again? doh.gif
You like nyonya leh tongue.gif
MAS, how many weeks wind blow already?
Price like the same pattern only. tongue.gif

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Boon3
post Oct 9 2012, 02:57 PM

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Edwin: Well done again on Scomi! smile.gif
Boon3
post Oct 9 2012, 02:59 PM

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Chef: My warna-warni chart of RedTone. tongue.gif

user posted image


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