Haha... ok here 1 more.. i still look look see see... 1619.. can hoot or not?
You so free help us analyze ler...
Now very free....

That's the current 3 months chart/
If you look at it on a standalone basis, you can probably argue a case to look see the chart.
Blah, blah, blah... stock has clearly moved past its low....
and maybe....
it looks like it's taking a breather before moving higher...
Possible.
I mean you could argue for a case...
not an extremely strong case...
but it's arguable...

Now if you take a step back...
Look at the bigger picture...
perhaps you could say the word ugly...
hehe...
ok la...
maybe ugly is too extreme...

Look at the wonderful colors on the chart.

Sorry but the small boy in me added them in...
it's easy for me to explain...
First... the BLUE arrow one... in May.
See the stock gap up? (ie jump higher in prices)
See the strong rally after the gap?
The GREEN arrows..
The green arrows indicated the peaks...
As you can see...
each peak is lower...
Now look at the RED arrows...
They represent the lows of each movement...
And since the gap... each low is getting lower..
What are we seeing after that BLUE arrow?
The highs are lower
The lows are lower
IE the stock is trending lower ever since the blue arrow movement...
If one believes in trends in a chart..
It suggests the trends should continue until proven otherwise...
With me so far?

Right now... the stock closed at 254...
Right smack in the middle...
No mans land....
Not an ideal place to enter the stock...
I mean you could....
Yeah, logically speaking you could, if you want to...
but you run the risk of the stock turning lower .....
What to do now?
I would rather wait till this trend is over...
Buy higher lor...
Hahaha... against your basics eh?

But once you buy higher, say at 270 ( yeah pay some loose change as insurance la)....
At least you know you are entering a stock that is no longer on an ugly trend....
My 3 sen worth...
Now do I get my muruku?