Haha, 3.18/3.17

What?
For this stock..... you want to challenge is it?






come come...
bring horse come over.......

What sort of challenge

I have xilo idea.

You see hehe's rationale?

He's using the price where SKPet rebounded recently as the buy point.........

I think NOT.

Haha!

Not just recent eh, last year august also got, gonna form triple bottom!

Anyway, crude oil did break 80...

Is this really the type of triple bottom you want to play?




Imagine for a while.....

SKPet is FLYING UP....... instead of FALLING DOWN....


IMAGINE LAH.................................


the last time....

SKPet hit a resistance....

oh.... say ..... 3.17.....

say only la.....


anyway... just imaging what.....


now......

given such a case...............

would you say it's a sure thing that SKPet would not fly past 3.17 ?????

Would you use SKPet at 3.17 as a SURE WIN bet that it would fall ?????????????

Would you????

Haha will play or not of course not exactly at that price lo. Maybe 3.2x after successfully retest that area AGAIN and didn't sell down.

Err... you ask me to imagine when its below 3.17? Haha but now i can see its chart until 2012 wooo So cannot imagine for you laaaa

But if you ask me to imagine using RESISTANCE, then mostly if met RESISTANCE sure drop a bit then see successfully break (retest) or not loooo...

Some traders who entered may sell 1/3 or 1/2 of its position when met resistance and buy back if is a strong breakout.

As always, easy to say, hard to act, lol

errr.... huh?









never mind....





chase the falling stock then....


chase and believe that the stock will always bounce back as previously....................

Silly to chase right? cheap is cheap. Like "we are selling shares in Hilton for US$0.35" cheap

This post has been edited by wodenus: Nov 4 2014, 08:25 PM

Sometimes people cannot see the irony of it....

If the stock was shooting UP instead of down.....
would they chase to sell the stock SHORT at every resistance point?

But when the stock is falling.....
they always think cheap is good.......
and they WILL chase to buy....
at every possible 'support' points.....




It's a strange, strange world....................................

Here's another posting about chasing down the beaten down stocks.

Petdag's profit report was just released......



Petdag last traded today at 20.50.

First posting in July. post #1624



See also post #1953

See also post #1960

chase the stock down?

Here's the updated chart..........

Wow, WTI down 3%. Might break below USD75.00 soon. At least this means the US economy should have a fantastic final quarter.

This post has been edited by wankongyew: Nov 4 2014, 09:14 PM

This is exactly why you do not want chase something down.

The downside force is strong, really strong (though I have to say, I do not quite fully agree with the current movement)........


......... and the USD again moved much higher against RM................

Nani?! Haha, aiyo, why so gloomy?

Already said i'll "observe" the price action at that level lo. Why say like i'm chasing like averaging down?

Aiyoyo

Edit: "Buy when the stocks goes UP" ma

This post has been edited by hehe86: Nov 4 2014, 10:39 PM

Oil prices just dropped so..

*whistle*

Try look at those postings links.....
see the date of those postings.........

the issue on Petdag is not caused by current oil prices 'drop'.....

I still holding my skpetro till now...today top up some. Longer time frame needed...i guess..tomorow another show.

why rush to buy?