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 STOCK MARKET DISCUSSION V141, KLCI breach 1800

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nickcct
post Nov 6 2013, 07:05 PM

Une Vie Fantastique
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Senior Member
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. whistling.gif

I'm now in front of my computer. tongue.gif

user posted image

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?  rolleyes.gif

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. whistling.gif
*
Hi. May i know the software that u r using?

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