QUOTE(yhtan @ Nov 6 2013, 05:38 PM)
Cheap must be good meh? So TA issue...what was the trading range?
STOCK MARKET DISCUSSION V141, KLCI breach 1800
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Nov 6 2013, 05:43 PM
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All Stars
15,942 posts Joined: Jun 2008 |
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Nov 6 2013, 05:44 PM
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15,942 posts Joined: Jun 2008 |
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Nov 6 2013, 05:45 PM
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Senior Member
8,652 posts Joined: Sep 2005 From: lolyat |
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Nov 6 2013, 05:54 PM
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15,942 posts Joined: Jun 2008 |
QUOTE(yhtan @ Nov 6 2013, 05:45 PM) U read it and compare with the edge, then u will know the difference The Edge also I don't really read leh.TA monday trading around 0.76 to 0.78, closing at 0.77 Today trading around 0.77 to 0.815 closing at 0.81 The weekly version lagi no. See I am on mobile. No chart see. What is the recent range? ie last 2 or 3 months range. Better still, can post the chart? |
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Nov 6 2013, 06:13 PM
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8,652 posts Joined: Sep 2005 From: lolyat |
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Nov 6 2013, 06:14 PM
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15,942 posts Joined: Jun 2008 |
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Nov 6 2013, 06:24 PM
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QUOTE(yhtan @ Nov 6 2013, 06:13 PM) Kam sia. See the 70-72 sen (around there) range early last month? When the stock moved past that range, I see it as a breakout. And generally, in most breakout (there are exceptions), you really want to sit tight leh. And normally, stock don't breakout for 5% or 10% movement. Usually, there is more upside.... And as you know me long enough, you know I don't ever believe in taking profit just for the sake of taking profit. |
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Nov 6 2013, 06:32 PM
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793 posts Joined: May 2005 |
QUOTE(Boon3 @ Nov 6 2013, 06:24 PM) Kam sia. See the 70-72 sen (around there) range early last month? When the stock moved past that range, I see it as a breakout. And generally, in most breakout (there are exceptions), you really want to sit tight leh. And normally, stock don't breakout for 5% or 10% movement. Usually, there is more upside.... And as you know me long enough, you know I don't ever believe in taking profit just for the sake of taking profit. so what you believe in if not taking profit |
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Nov 6 2013, 06:48 PM
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QUOTE(Aeon89 @ Nov 6 2013, 06:32 PM) Err... I BELIEVE that there's time to be a lover and there's time to be a fighter. I'm now in front of my computer. ![]() That's the chart I am seeing. See TA, it walk car when it was 58 sen or 59 sen. See? Then it stopped. Around the 70 sen range I was talking about. It went no where for many days... See? What would some call it? Consolidating at 'top'? Or it hit a strong wall? Strong resistance? Then it made a small solid movement on Friday. Closed at 74 sen. Is that the breakout? ( If that's the breakout, then what happen to that strong resistance at 70-72 sen? Would it not be a support then? ) Then came the strong movement on Monday.... Is that or is that not the BREAKOUT? Monday closed at 77 sen. Breakout point? 72 sen ah? Look at the volume. Strong buying interest or strong selling interest? Now if I have the stock I would think and ask myself... If strong hand push the stock and breakout of the strong 70-72 sen region, would they seriously be happy with just a 5 sen movement? If not wrong, then more upside is possible, right? Why sell at 77 sen, when the game looks just started again? So why don't I be more patient and wait? There's a saying, the big money is always in the waiting. |
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Nov 6 2013, 06:49 PM
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6,356 posts Joined: Aug 2008 |
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Nov 6 2013, 07:05 PM
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2,847 posts Joined: Sep 2010 |
QUOTE(Boon3 @ Nov 6 2013, 06:48 PM) Err... I BELIEVE that there's time to be a lover and there's time to be a fighter. Hi. May i know the software that u r using?I'm now in front of my computer. ![]() That's the chart I am seeing. See TA, it walk car when it was 58 sen or 59 sen. See? Then it stopped. Around the 70 sen range I was talking about. It went no where for many days... See? What would some call it? Consolidating at 'top'? Or it hit a strong wall? Strong resistance? Then it made a small solid movement on Friday. Closed at 74 sen. Is that the breakout? ( If that's the breakout, then what happen to that strong resistance at 70-72 sen? Would it not be a support then? ) Then came the strong movement on Monday.... Is that or is that not the BREAKOUT? Monday closed at 77 sen. Breakout point? 72 sen ah? Look at the volume. Strong buying interest or strong selling interest? Now if I have the stock I would think and ask myself... If strong hand push the stock and breakout of the strong 70-72 sen region, would they seriously be happy with just a 5 sen movement? If not wrong, then more upside is possible, right? Why sell at 77 sen, when the game looks just started again? So why don't I be more patient and wait? There's a saying, the big money is always in the waiting. |
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Nov 6 2013, 07:11 PM
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Senior Member
8,652 posts Joined: Sep 2005 From: lolyat |
QUOTE(Boon3 @ Nov 6 2013, 06:24 PM) Kam sia. Thank you sifu boon, learn through another mistake See the 70-72 sen (around there) range early last month? When the stock moved past that range, I see it as a breakout. And generally, in most breakout (there are exceptions), you really want to sit tight leh. And normally, stock don't breakout for 5% or 10% movement. Usually, there is more upside.... And as you know me long enough, you know I don't ever believe in taking profit just for the sake of taking profit. |
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Nov 6 2013, 07:19 PM
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Senior Member
2,635 posts Joined: Jun 2011 From: bohtakchik |
sifu Boon3... alert earlier...
or better still...could you help to look at sumatec, THheavy, sunway and willow chart? if too many, just pick what you want to look at. hehehe... This post has been edited by lambethwalk: Nov 6 2013, 07:35 PM |
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Nov 6 2013, 07:39 PM
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231 posts Joined: Jan 2011 |
So Boon, is it still a good time to be entering Ta on weakness ?
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Nov 6 2013, 07:45 PM
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873 posts Joined: Dec 2009 |
guys im a newbie.... the company ilb integrated logistics bhd is paying very high dividend, why is that? Can anyone enlighten me please
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Nov 6 2013, 09:22 PM
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All Stars
15,942 posts Joined: Jun 2008 |
QUOTE(nickcct @ Nov 6 2013, 07:05 PM) Hi. May i know the software that u r using? This is Kenanga's trading platform. |
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Nov 6 2013, 09:28 PM
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All Stars
15,942 posts Joined: Jun 2008 |
QUOTE(crystalpoyo @ Nov 6 2013, 07:39 PM) So Boon, is it still a good time to be entering Ta on weakness ? Weakness got a lot of meaning one. Some weakness can snowball into big wok. Seriously, say if I am not in the stock, I 'guess' it's much better to just wait and see how the uptrend unfolds and then watch how the stock consolidate. When you feel comfortable enough, like you see the general profit taking well absorbed and the stock holding firm, and you like what you see... then... But seriously... there's no sure thing in trading. What you expect the chart to do and what the stock actually does could be entirely different. |
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Nov 6 2013, 10:14 PM
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Senior Member
3,109 posts Joined: Aug 2007 From: Malaysia > Singapore |
Where is Ice gor? Long time no see him jor... everything alright ?
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Nov 7 2013, 01:19 AM
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Senior Member
4,342 posts Joined: Apr 2010 From: The place that i call home :p |
0082 in the money again..... I still have faith in you babe.......
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Nov 7 2013, 01:35 AM
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Junior Member
201 posts Joined: Jul 2012 |
I have faith on Mitrajaya. NTA 80 cent ++
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