its allright fight another day

sumatec

Sumatec

And you know I got ??

I think I check out of the OTHER thread.

Why?

Got Forum class monitors.
Got ISA post removals.
Got class monitors who declared people who post there having half a brain only. 

twhong_91

I wonder if you will see this message.

I think I check out of the OTHER thread.

Why?

Got Forum class monitors.
Got ISA post removals.
Got class monitors who declared people who post there having half a brain only. 

Why? Why? Tell me why... 

Anyway, on your AirAsia.
I maybe wrong but I think there is more risk if you declare that it's a good time to enter now...
I know there's no forever bull or forever bear in the stock market.
In that sense, AirAsia can't be forever flying down, can it?
But in a bull market, why focus on a badly hit bear stock?
Why not find another better condition stock?
Just suggestion la....

Anyway...



That's the current chart as of this morning.
Drawing the recent 'lowest' line of 244, at 2.53, I can understand somewhat your reasoning.
For example, at 253, you are not that far out from the presumed support of 244.
(Yes, last time AirAsia bounced of 244 but will it, this time around?)
And clearly, one could see the many recent red candles and judging from the sell downs, one can easily assumed that if one plucks in all the what nots indicators, one can safely say AirAsia is deeply oversold.

Yes, it's oversold but ... just remember not all oversold stocks will bounce right back up.
Oversold and overbought can go extremes many a times.

What's the likely catalyst to get AirAsia out of this rot?
Q earnings, I reckon.

But the Q reckons, as mentioned before, my guess is that it's gonna be bad.
One of the main reason, is the upcoming Q will cover AirAsia period where USD hit 330+
This should do some serious damage to its forex issue.

However, as I also mentioned b4, many a times, market is forward looking.
In that sense, I believed the forex losses should probably be discounted.

And right now, the focus is on where USD/MYR is heading.
Now... that is an IFFY...
At one time last week, it looked poised to walk car at 320.
Then came Yellen....

All in, it's a big uncertainty.
In that sense, perhaps, it's better to wait and see.
My 3 sen worth of talk 3 talk 4.

Posted the zoom out view of AirAsia on Saturday. (do scroll back few pages)..



What can I say....
Isn't this chart scary?
I could be wrong but it looks to me like the momentum going down is gathering steam.... 

Sumatec

Ya lor.. too much ler...

That's why I post here only now... 

Actually there is more amount of serious discussion in the trader's thread than the stock thread. 

thanks for ur sharing sifu boon. really appreciate it. yes, what you say is what i was thinking actually. i am still newbie and trying to learn from you all. guess there might be other gems out there, waiting to be unveiled. 

Wanna hear my 3 sen pro view?

I think lar...
Someone should start an investing thread lor.

See?

Simple isn't it.

Once started then the 'old forumers' (hope I don't insinuate they are TUA. ) , can have a thread, where they feel they can have serious discussion(s)
mah...
As it is, I think lar....
A lot of the old members...
They feel left out...
Punters have come in and dominated their old home sweet home...
With a new investing thread, I guess they don't have to feel left out ...

Good idea ah?

last friday i wait patiently until .475

today open .44 ...

get stunned when looking at the price...

pull down to .415 ... totally dont know how to cut loss d....

end up made up my mind cut everything .395

Good... you make one ler. 

you have let go dont hold .take up knm will come to 55sen

last friday i wait patiently until .475

today open .44 ...

get stunned when looking at the price...

pull down to .415 ... totally dont know how to cut loss d....

end up made up my mind cut everything .395

LOL!

I know your heart good.
I know you want us to buy KNM...
But did you even read what KTL has said??????

You want me to die ah?

Bad idea... bad idea...

With recent few IPO, especially Mazda, so bloody geng...
I tell you hor...
The next few IPOs....
will burst safe la!

There... my 3 sen tip.

You want me to die ah?

Bad idea... bad idea...

With recent few IPO, especially Mazda, so bloody geng...
I tell you hor...
The next few IPOs....
will burst safe la!

There... my 3 sen tip.

any tipsy or not?

any tipsy or not?

I thought you earn more than enough on Dsonic to buy your own muruku factory liao?