Those 2 on a mission leh....

Mission to be a forumer with millionS post count.

I talk chart you talk stock.

Before they took over proton their earnings is on uptrend, but seems like proton is dragging them down Q after Q. This you can see the selldown after each Q report, and up again before each Q report hoping for good news that the proton bleeding has been stopped. (actually this trend is tradeable )

( Yes, every single trend is tradeable.
But are you sure you want?
For example, you can see what...
If you compare the first red arrow with the second green arrow.
It's quite a move, within that trend.
It's like some calls it... a trend within a trend.
And yeah... some pros will tell you...
they can 1.

Ah... not that I will say they bull shiiit you ...
I think it's doable...
but...
you know me...
I like eat expensive rice.... huhu...
If no big meat...
I won't waste my time one...

hehe...
I agree it will be a good idea for you to see the next Q first.

Don't have.....

Hahaha!

Macha! Just put that in your siggie.

Get of jail story maaaa....


Just like TH Heavy last time...
It's either your are in or you are NOT in.

What's so happening with this thread?

So we now have million posting spammers ...
And we also have class monitors....



Now finally this is turning into a real forum, kampung fried style...

Yeahhhh!!!!



Waaaa.... you also got plenty of juicy market 'stories' hor....
Share more maaaa.....



This post has been edited by Boon3: Nov 16 2013, 02:09 PM

No.. no tipsy laaa

Tuneis...?
Again.... ?
LOL!

I tell you la...
It's got a nice captured market la...
Easy money...
However.... I am a bit sceptical at the current prices...
Not sure I be comfortable trading it long from here .....

I only know and like I Scream Potong only laaaa.......

This one?
We talked about it before maaaa...
You no remember meh?

Look picture...



Errr... what can I say?



Consolidating ... again?
Volume shrinking again....

Lull before the storm?
What will the next excitement come from?
Q earnings?
THE sale announcement?
Or.....

Last time it consolidated recently ... was around the 60 sen region.
We al know what happened next....

More spamming.....



Will we see a break of 96 sen soon?



Is that or is that not a small little green shoot?

More picture spams...



Consolidating?
Will we see the recent gap closed?



Someone mentioned this the other day.
That's an ugly picture.
It's rolling, rolling and rolling down the hill.

What can I say?

Remember they say 'buy a stock for dividends'...
I say?
Sometimes you can nicely collect your dividends but sometimes the stock price is never constant. Stock price can go down one!

Still got ?



Losing power?
No?
See? See? It walk like a ketam .....

Another lull before the storm?



Now that's why you don't want to trade for loose change!

Easy winner for 2013!!!

I also want million posts count.



Naaa.... this SU .... su... su.... a champion in the making....



Nice movement on Friday.... would you chase?

And here's how you get of jail....



Losing steam ........

And you know I got ??

There's couple of sayings....

"There's always a bull in a bear market".
"There's always a bear in a bull marker".

Before breakout?

Other things could also happen... sometimes.

Stock could move sideways...
Stock could breakout... not up but down.

Hehe...

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....

Feel for you....