Maybe, it is safer to wait for signals, whether is this distribution or re-accumulation phase, then only swing trade with the operators
STOCK MARKET DISCUSSION V150
STOCK MARKET DISCUSSION V150
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Sep 17 2020, 03:48 PM
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#781
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Maybe, it is safer to wait for signals, whether is this distribution or re-accumulation phase, then only swing trade with the operators
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Sep 17 2020, 03:51 PM
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#782
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QUOTE(ry8128 @ Sep 17 2020, 03:48 PM) That is true. Share market is wat we call as a game of fools, to see who is the greatest fool that hold the units at highest price and unable to sell it. Thats why those who chase high will always die. The higher u chase, the higher chances u become the greatest fool Yeah wait for signals from operators. If they intend to push it even higher, then can join the ride. It is a bit too risky to buy an investment that its PE will 100% surge to abnormal high due to ASP reduction in the future. |
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Sep 17 2020, 04:23 PM
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QUOTE(tommy2468 @ Sep 17 2020, 04:21 PM) Depends on the weak holders, if they dont want to sell even when moratorium is near, it wont drop anymore. When the volatility is this high for gloves with no sign of volatility reduction, you know that the most of the shares are in weak hands. Soon the game will be retailers vs retailers, as most operators no longer have the intention to collect/control the share price range except maybe TG boss who aims to go into Fortune500. Just pray that he doesnt buy the share here but sell them somewhere else through proxy accounts. IF the volatility reduces (sign of operator come back in play), we can consider to go back in provided that there is a strong evidence of chance of character out of the trading range |
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Sep 17 2020, 04:29 PM
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Sep 17 2020, 04:30 PM
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Sep 17 2020, 04:37 PM
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QUOTE(anakMY @ Sep 17 2020, 04:31 PM) the bull and bear pattern is quite similar accross the gloves, i wouldnt say totally same. Its like something being planned. hv been watching them for quite some time. It is just that this time, the rebound like what happened in July is unlikely. This drop has no volatility reduction (no signs of operators' interest to control share price range to collect low). It doesnt look like intentional flushing out weak holders |
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Sep 17 2020, 04:38 PM
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Sep 17 2020, 04:43 PM
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QUOTE(lauwenhan @ Sep 17 2020, 04:38 PM) Bro, a piece of genuine advice from me. Stop trading glove stocks for now, I really dont see any signs of operators' interest back in play. Expect volatility to remain (yes you can make A LOT of money from here, just extremely risky especially for new traders), with short term downtrend until 1st date of loan repayment as more and more weak holders will start selling for loan repayment. I know a lot of professional traders here only trade with extra fund, but dont expect everyone in the market also does that. |
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Sep 17 2020, 04:48 PM
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QUOTE(HereToLearn @ Sep 17 2020, 04:43 PM) Bro, a piece of genuine advice from me. Stop trading glove stocks for now, I really dont see any signs of operators' interest back in play. Ideally, Expect volatility to remain (yes you can make A LOT of money from here, just extremely risky especially for new traders), with short term downtrend until 1st date of loan repayment as more and more weak holders will start selling for loan repayment. I know a lot of professional traders here only trade with extra fund, but dont expect everyone in the market also does that. IF you have the holding power (lost of opportunity cost here though), start accumulating with the operators (spot the beaten stocks with strong rebound potential with a visible trading range - operators controlling price hence the visible trading range, sometimes it might broke the range when they are doing supply testing). How to spot supply testing - Increase in volume with downtrend share price. IF you dont have the holding power (no lost of opportunity cost here), just prepare your fund and wait to enter when there is a strong evidence of chance of character in the counter (when the operators are done accumulating). Again use stop loss, just in case we misjudge it. So, we can reinvest the amount into money market (about FD rate with no fixed tenure), while waiting for the operators to complete their jobs This post has been edited by HereToLearn: Sep 17 2020, 04:54 PM SongChiang liked this post
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Sep 17 2020, 04:51 PM
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Sep 17 2020, 04:57 PM
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Sep 17 2020, 06:17 PM
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QUOTE(icemanfx @ Sep 17 2020, 06:09 PM) It proved once again, bursa stock price often ignore fundamental, and syndicate is highly active and rampant. Believe most syndicates have exited on last Monday and unlikely to re-enter anytime soon. As for FF, will only consider when p/e ratio is at sustainable level. What is FF? |
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Sep 17 2020, 11:41 PM
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QUOTE(ry8128 @ Sep 17 2020, 10:02 PM) Guys, please take note we have an idiot spreading in /k the screenshots of our portfolio taken from this thread. Please be careful with what we share. OMG, this so bad. Can someone report to take down the topic? https://forum.lowyat.net/topic/5027877 cc lauwenhan Making fun out of people misery PUBLICLY. This is not tolerable. |
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Sep 17 2020, 11:48 PM
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QUOTE(ComingBackSoon @ Sep 17 2020, 11:07 PM) ![]() Come come I share something. This is Heng Yuan share price chart, QR results, and date the QRs were announced. Below are my 2cent commentary If TG has already hit its peak, it took only 3 months to hit the peak The bull really started off in May, before the QR was even out, and if early August was the peak, it took TG only 3 months to hit the peak only after 1 bombastic QR . Heng Yuan took much longer to form its peak - almost 1 year Heng Yuan on the other hand, the bull started only after 2 quarters of bombastic results (4Q16 and 1Q17), and it didn't reach its peak until 5 Jan 2018 - 1 month after its peak 3Q17 earnings of RM361mil was reported (also about 3 months after KYY posted his first buy call on his website on 8 November 2017). Subsequently, share price nosedived before having a dead cat bounce around 28 Feb 2018, 1 day after the 4Q17 QR was announced - by this time profit has halved to RM183 mil. After that, the bubble broke and it was a sharp fall all the way down before a slow death to pre-bubble level. If TG hasn't already hit its peak, TG's peak can possibly be much higher? Even Heng Yuan took a minor corrections right after it released its bombastic 4Q16 and 1Q17 results. This may be what is happening to TG now. So which is it? Peak already or not?? Up to you to decide. For me I believe TG's peak is over. Some people might ask why did the peak form so quickly for TG compared to the Heng Yuan bubble? My guess is because unlike Heng Yuan, the TG buying frenzy extended to pasar uncle aunty and even secondary school students (yes my nephew ask me to buy on his behalf). Many people lost their source of income and needed to find alternative source. They see this alternative source in buying TG shares because they heard their friends making big bucks. So they used their excess money (that they now have, thanks to bank moratorium) to bet on the stock markets. I think it is possible that the bubble cycle has been accelerated in TG's case due to the combination of Covid-19, MCO lockdown, and bank moratorium. The stars are really aligned for a perfect bubble. Now that the moratorium is ending, things are not looking too good. |
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Sep 17 2020, 11:49 PM
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Sep 18 2020, 05:02 PM
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Sep 18 2020, 05:06 PM
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Sep 18 2020, 06:29 PM
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QUOTE(hellkvr @ Sep 18 2020, 05:45 PM) hahahha its like u put bait (money) then all people come, last last kena goreng hangus!!! Even blue chips, operators can goreng too. Just look at PBB, Topglov, Harta.should see permaju and gpacket, same story, but take more time For example: PBB, after marking up the price from Dec 2017 to May 2018, it took one full year for the operators to distribute (from 2018 to 2019), maybe due to large NOSH and expensive share. This post has been edited by HereToLearn: Sep 18 2020, 06:29 PM |
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Sep 20 2020, 08:48 PM
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Sep 20 2020, 09:11 PM
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QUOTE(icemanfx @ Sep 20 2020, 08:58 PM) Doubt there will be more fresh funds from retailers in next 5 weeks, opportunity for syndicate to press down price. They definitely have to time their exit wisely without depressing the share prices too much for maximum gain within the next 6 weeks. Or they might had done it not long ago - volatility in the share prices tell that majority of the shares are now on the weak hands instead of operators. This post has been edited by HereToLearn: Sep 20 2020, 09:13 PM |
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