Some times....
you can think one step out of the classic 'bottom fishing' teaching...
ie buying stocks at the so-called bottom end...
tu ah
hehe86 calls it a consolidation breakout.... or something like that....
let me pull this stock chart out...
just purely for example only.... ( *if you are a silent reader, please don't simply die die buy hor - I hold no responsibility)
we look at Efficient

here's my interpretation of what's happening...
on the left side.... COMA...

lousy stock.... sleeping.... blah blah blah....hehe...whatever you want to call it, do call it....

towards the end of Aug (i think around 26 Aug or so)...
this stock came into alive....
VOLUME came...
see, if you are a trader ( err... this after all is a traders' thread)...
you have one GOLDEN RULE....
NMNH !!!
Yes.....

Forget this not.

Stock came alive...
See how the stock run and then consolidated?
it's like ... err.... orang yang tua sikit running...
they run .... and then.... they have to pause to catch their breath....
and then they run again....
so if one is positive on this stock (for whatever's the reasoning)....
they be watching this stock....
closely....
here the chart again (note this is the chart as of Thursday trading)

they be thinking maybe 30 sen....
or maybe if 32 sen holds, let's 6 C what the stock does next...
key maybe (have to ask sifu
hehe86 ) is 34 sen....
if the stock trades above/breakout of 34 sen, I chase the fella until pants come down....

and what you know....
a consolidation break out happened...
it broke out of 34 sen...
and closed at 35 sen on Friday....

of course...
some would not chase that 34 sen.

they scare their own pants fall out.... LOL!
They think 36 sen is a safer point to start chasing.... (yes... so many different ways to skin a cat, yes?)
But best you ask hehe86.
LOL!
anyway... this is just an example la.....
on how you can expand the bottom fishing strategy....
and needless to say this example is based purely on charts....
which will have its risks....
