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 Traders Kopitiam! V8

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gark
post Oct 23 2015, 02:26 PM

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QUOTE(Pink Spider @ Oct 23 2015, 02:23 PM)
Unker gark wanna learn to be chartist now hmm.gif tongue.gif

Oi, wanna go Genting try out your chart-reading skills? laugh.gif
*
last time I go casino.. at Marina Bay Sands..

Try hand with $500.. lost everything.. in 1/2 hour sweat.gif

This post has been edited by gark: Oct 23 2015, 02:27 PM
Boon3
post Oct 23 2015, 02:33 PM

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QUOTE(gark @ Oct 23 2015, 02:25 PM)
I dunno wor.. i seem to have some fetish with lembik stock... sweat.gif

I see a stock surge high.. straight away no mood to even look at it..  tongue.gif

If i see downtrend stocks.. then it is interesting and I do my FA..

Something wrong kah?  laugh.gif
*
Lol....

Try paper trade ma.....

See if you can develop/improve your buying.

Take Top glove recently....
When we talked it was just off its all time high...
Look at the price now....
How much has the price increased?
Why?


It's such a misconception about stock highs....
Remember when a stock hits a high....
Usually there's a reason for the high demand for stock...
And sometimes....
The demand is do justifiable that the stock continues to hit new highs after new highs for many years.....

smile.gif
TC-Titan
post Oct 23 2015, 02:47 PM

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QUOTE(Boon3 @ Oct 23 2015, 02:33 PM)
Lol....

Try paper trade ma.....

See if you can develop/improve your buying.

Take Top glove recently....
When we talked it was just off its all time high...
Look at the price now....
How much has the price increased?
Why?
It's such a misconception about stock highs....
Remember when a stock hits a high....
Usually there's a reason for the high demand for stock...
And sometimes....
The demand is do justifiable that the stock continues to hit new highs after new highs for many years.....

smile.gif
*
Saya mau cuba.

If I was trading Top Glove recently, I will would have entered at around 7.92
Why? Coz I can see the share price consolidating from mid July to early Oct based on the minimal price movement at the top and the volume.
There is similar characteristics in the past.
So this tells me there is a high chance the price can still go up...
in the end from overall chart... I see a higher high and higher low consistency.
If I am wrong, just cut-loss at either 5 to 10% of entry price.
But when the big volume comes in higher than the normal average, u know they are starting to buy or cook up the stock higher.

Berapa markah cikgu?

Boon3
post Oct 23 2015, 02:49 PM

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QUOTE(TC-Titan @ Oct 23 2015, 02:47 PM)
Saya mau cuba.

If I was trading Top Glove recently, I will would have entered at around 7.92
Why? Coz I can see the share price consolidating from mid July to early Oct based on the minimal price movement at the top and the volume.
There is similar characteristics in the past.
So this tells me there is a high chance the price can still go up...
in the end from overall chart... I see a higher high and higher low consistency.
If I am wrong, just cut-loss at either 5 to 10% of entry price.
But when the big volume comes in higher than the normal average, u know they are starting to buy or cook up the stock higher.

Berapa markah cikgu?
*
Zero markah.....

Cos I am asking about another stock. tongue.gif


laugh.gif

TC-Titan
post Oct 23 2015, 02:51 PM

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QUOTE(Boon3 @ Oct 23 2015, 02:49 PM)
Zero markah.....

Cos I am asking about another stock. tongue.gif
laugh.gif
*
Lolz naiizzz~! thumbup.gif rclxms.gif
TG more interesting at the moment for me versus homeboy.
lynetnonyma
post Oct 23 2015, 02:52 PM

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QUOTE(Boon3 @ Oct 23 2015, 02:49 PM)
Zero markah.....

Cos I am asking about another stock. tongue.gif
laugh.gif
*
Heheh... Titan got sent to the corner....
I gave teacher apple today, so be kind when mark my paper...

TC-Titan
post Oct 23 2015, 02:56 PM

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Okla, if for homeboy that I masuk at 98 to 99 cents.
Same theory as per TG. I see higher high and higher low.
You can see a similar pattern from the past as well but the period varies (1 to few months) before the action to push the price comes in.
lynetnonyma
post Oct 23 2015, 02:58 PM

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That day I browsing stocks, I noticed ULICORP.
I think it was mentioned here sometime early last yer. I think by MrLoo. Wasn't taken seriously then.
It was around RM1 then, now its over RM4. Don't know reason for such increase. Would have been good to get a little then. Hopefully MrLoo benefitted.

Always easy to look back and find when would have been a good time to get in. But not so easy to know at that time was the right time...

SUSPink Spider
post Oct 23 2015, 03:16 PM

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Property counters and REITs under my watch list doing strongly today

Goodies from Budget? hmm.gif
kueyteowlou
post Oct 23 2015, 03:39 PM

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QUOTE(gark @ Oct 23 2015, 02:26 PM)
last time I go casino.. at Marina Bay Sands..

Try hand with $500.. lost everything.. in 1/2 hour sweat.gif
*
consider lucky d lol
CP88
post Oct 23 2015, 03:43 PM

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QUOTE(Pink Spider @ Oct 23 2015, 03:16 PM)
Property counters and REITs under my watch list doing strongly today

Goodies from Budget? hmm.gif
*
Abolish RPGT? tongue.gif
SUSPink Spider
post Oct 23 2015, 03:44 PM

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QUOTE(CP88 @ Oct 23 2015, 03:43 PM)
Abolish RPGT?  tongue.gif
*
No! That would cause the comeback of property speculation mad.gif

I prefer...abolish withholding tax on REITs wub.gif

This post has been edited by Pink Spider: Oct 23 2015, 03:44 PM
tehoice
post Oct 23 2015, 03:49 PM

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QUOTE(Pink Spider @ Oct 23 2015, 03:44 PM)
No! That would cause the comeback of property speculation mad.gif

I prefer...abolish withholding tax on REITs wub.gif
*
don't think so....... i think they will surprise you with........
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the increase of personal income tax by 2% at every bracket.
lol!
gark
post Oct 23 2015, 03:59 PM

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QUOTE(Pink Spider @ Oct 23 2015, 03:44 PM)
No! That would cause the comeback of property speculation mad.gif

I prefer...abolish withholding tax on REITs wub.gif
*
psssssst... SGX REIT dividend 0% tax.. brows.gif

This post has been edited by gark: Oct 23 2015, 04:01 PM
cooldownguy86
post Oct 23 2015, 04:15 PM

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tas today got action wor. Fat Forex gain. Got chance? Haven't look closer at it yet.
Boon3
post Oct 23 2015, 04:18 PM

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QUOTE(lynetnonyma @ Oct 23 2015, 02:58 PM)
That day I browsing stocks, I noticed ULICORP.
I think it was mentioned here sometime early last yer. I think by MrLoo. Wasn't taken seriously then.
It was around RM1 then, now its over RM4. Don't know reason for such increase. Would have been good to get a little then. Hopefully MrLoo benefitted.

Always easy to look back and find when would have been a good time to get in. But not so easy to know at that time was the right time...
*
Yes, it's so easy to look back....
Heck everyone can be a master... tongue.gif
However, me poking Gark and asking him 'currently'....

tongue.gif
SUSPink Spider
post Oct 23 2015, 04:23 PM

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QUOTE(gark @ Oct 23 2015, 03:59 PM)
psssssst... SGX REIT dividend 0% tax..  brows.gif
*
tau lar tau lar dry.gif
gark
post Oct 23 2015, 05:01 PM

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QUOTE(Boon3 @ Oct 23 2015, 04:18 PM)
Yes, it's so easy to look back....
Heck everyone can be a master... tongue.gif
However, me poking Gark and asking him 'currently'....

tongue.gif
*
Lol I already answer you..post #2217.. you not yet reply..

How many marks? tongue.gif

This post has been edited by gark: Oct 23 2015, 05:04 PM
Boon3
post Oct 23 2015, 05:20 PM

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QUOTE(gark @ Oct 23 2015, 02:21 PM)
Ok charts..  hmm.gif

On uptrend from bottom of 90cents..

Surge on early October then consolidate and surge again on mid October..

Declining volume..

But.. got immediate potential to reach 1.30 in near future.. and got risk to consolidate back to 1.10

But higher chance of reaching 1.30 before Q announcement which is anticipated to be good

Emm.. still not confident enough to buy.  sweat.gif
So.. how many marks out of 10?  tongue.gif
*
doh.gif

Missed this couple of posting.

laugh.gif

Not bad.

From a 'tactical' or 'strategical' point of view...
with the upcoming quarterly report (which is scheduled to be next week inm)...
this company should report an outstanding report.
one could assume from the evidence seen from Top Glove report (though different industry but main driver is the USD factor)....

The market had shown some keenness already since it has pushed the stock to current level 118 la....
and with it consolidating in this region....
which is a norm....
the market is just in the waiting game for the actual numbers

( the pattern is almost the same as Top Glove, yes? where TG was pushed to the 850... then the stock consolidated back to around 8.10 or so as it awaits the actual number... )

so the assumption is....
the stock is just consolidating now.....

now some would call that there are 2 type of traders....
traders who anticipates and traders who reacts....
where the first group might buy in the consolidatory period while the second would wait and buy upon 'action'...
arguments are aplenty on which is better.... tongue.gif

so the question again was more simple...
it is not asking you to read what is happening....
but asking you a more direct....
buy or don't buy. tongue.gif

laugh.gif


Boon3
post Oct 23 2015, 05:22 PM

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QUOTE(lynetnonyma @ Oct 23 2015, 02:22 PM)
Can I try?
Would have been good to get in around 1.05-1.06?
Now, maybe around 1.16-1.18 can get?
But not sure if must wait till pass 1.20-1.22 first.
Hopeful / possible to reach 1.29?
*
So sorry.
Missed this posting of yours.

Of course you can try.

biggrin.gif


psst.... mark down your observations (hehe... consider it as a real live paper trade ma.... see what happens to the stock the next 2 weeks.


no right no wrong hor.....
cos I have no idea what will happen to the stock too....

biggrin.gif


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