Try not too see to much.

You want the chart to tell you the story...
and not you telling the chart what will happen next.

right now, it's in a simple range trade between 52 and 55+- ...

That's about it...
some buying interest can be seen via the improved volume....

That's all...

In a range trade...
Best thing to do is wait for the stock to show you which direction it wants to go....
why?
when a stock breaks out of a range...
it doesn't mean the stock will only break up...
it could also break down.....

Boon3,
I must give you a 'LIKE' for what you have done in this forum!

super, lately no sms edi one? no laku kah?

My 4 pm opinion was a potong.

Now it is still a potong.

hehe, I would say long term rm6 achievable...

very good advice, really hope to learn from you.

Ya lor, tarak laku. That's why come here learn from Boon3 gor and you lor.

Lol learn from me go Kelong one. I am learning from u la...u r another sifu in the cave hiding one... Any tipsy?

Don't ask for tipsi la. Sifu Boon3 teach you how to fish, that's the BEST!

yea, fish self is the best ... so long never see u been in lyn, go happy?

doji very dangerous lah. can't tell you which is the right way 1. maybe 3 days later the newspaper will tell you why la

from what i see in uli, it's going to be in freezer for 2 months what makes this stock interesting to you besides TA?

woah this legendary guy. ask ppl to TP 8% but share can go up 50%

This post has been edited by spring onion: Feb 18 2014, 11:06 PM

Haha... Is it? I got my style lo then...it's magical I supposed... and it work 90/100 times

Those are history la.

Sifu Boon3 is a very good chartist. I noticed it since GP days. The best thing is his unselfishness to share and even guide the people here.

haha Will you marry me Boon3?

yea, boon3 is a good and person who does not sell fish... he give his tricks to us and ask us to fish ouselves which are sustainable in the long run

or you want to marry his money?

btw, anybody here care to look at fitters 9318? going to expand to sg soon and have contract with Melanor

FA is be good i assume(TA can't really show much, only swinging between 78-83) i think it will have good prospect but it shows less divvy records

if divvy given, on the ex-day the price will also re-adjusted right? so what is the fuse of not having divvy?

This post has been edited by spring onion: Feb 18 2014, 11:54 PM

no.. haha have his DNA
Can do analysis like him and earn $$$ myself!

Hold either ulicorp o engtex by now... Engtex quite pricey caused up jo...I reckon u to try uli la.. but this is purely opinion not a intro o buy call... Just blow water only... If incur any losses I m not responsible for it...
Disclaimer!

LOL!

Yeah.. and you are interested in this stock just because it has pulled back SHARPLY from its recent high of 344 (which was also achieved yesterday too!)

Price now 291. Recent high of 344.
So you add this and minus that, you think you smell money.



Leave the UMA aside.
Being clarified or not is not as important.
( You should know WHY the UMA was issued - DSonic has really, really risen bloody a lot. )
Listen to what the chart is saying.



What does it say?

Sharp downturn on a HUGE HUGE volume day....
Although some buying was seen lifting the stock from the low of 276 during the last 45 mins of trading.

HUGE HUGE volume can always be interpret in different ways.
So is charts.
Charts can always be interpreted differently all the time.

For Dsonic, what shall be the view?
You want the SELLERS perspective? LOL!
or the BUYERS perspective?

Me?

Down day with huge volume? I would always rather be wrong and put the emphasis on the seller side.

Yeah, so I view this very much a selling day done on HUGE HUGE volume.

(Dsonic hardly appeared in the Most Active page until yesterday.... )

If I zoom out of the chart, this is what I see...



Can you see how a huge winner this stock is?
( Impossible to pick such winner? )
Can you see how fast the stock rose?

See how huge the volume was yesterday?

Someone taught me before...
or was it from a book...

NEVER GO INTO A TRADE IF YOU DO NOT KNOW WHERE THE EXIT DOOR IS.

Yes, of course the primary trend is still extremly bullish...
nothing was broken from yesterday trading...

but when I look at Dsonic, do I know where the exit is?
Do I know where the next support is?

Well.... what's your guess?

Populist guess probably will probably be 240....
which is quite steep from where we are....

I for one, wouldn't like to be in such a trade.

Second thing I learned was ...

NEVER RUSH TO BUY A STOCK GOING INTO A SHARP DROP

Given all the points....

I tell you la...
I will be the scaredy cat here...

if a new chicken is to be found here and if this chicken wants to run...
at this moment of time...
I say... let it run.

The bet is simply too risky.....
And I would probably say it looks as if it is lopsided to the downside........





Oh why potong???

LOL!

Ask CP88 ......

Err... that's just my opinion la...

In stocks, nothing is ever certain.
Nothing is ever casted in stone.
The unexpected will always happen.

Anyway, remember this...
use charts and do not let chart use you.