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 STOCK MARKET DISCUSSION V150

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brokenbomb
post Feb 22 2021, 11:33 AM

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QUOTE(EBBattlefield @ Feb 22 2021, 11:22 AM)
cerita sikit  icon_question.gif
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Haha pada suatu hari people assume the anti vairas will be installed by TASCO then suddenly people on the stock market saw “EH overbought liao this stock take some profit off lah to pay for school next week” then huge selling volume comes in and kick the stock back to the 20 day line. biggrin.gif
brokenbomb
post Feb 22 2021, 05:22 PM

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QUOTE(SGSuser @ Feb 22 2021, 05:19 PM)
below 1.6

sentiments arent good, but ceo himself said he thinks it is undervalued and have been collecting himself

so yeah if trust karim then nothg to worry, high & low we ride
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ohh he's going back to his first wife..while his second wife is almost sub RM2 bye.gif
brokenbomb
post Feb 23 2021, 03:51 PM

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QUOTE(pinksapphire @ Feb 23 2021, 03:40 PM)
Can I have some advice on the anticipated bottoming of Smax?
Thanks.
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if today close below rm5.44

4.4 and 3.7 is waiting for you
brokenbomb
post Feb 23 2021, 03:51 PM

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double post

This post has been edited by brokenbomb: Feb 23 2021, 03:52 PM
brokenbomb
post Feb 23 2021, 04:08 PM

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QUOTE(pinksapphire @ Feb 23 2021, 03:58 PM)
Sorry if I wasn't being clear. I was referring to the target low, as I'm in super deep red. And can only do averaging down as the last move before cutting loss in the near future.
Thank you very much, brokenbomb. It is getting super low now.
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i've been in your situation before. holding careplus @ RM5.4 and finally decide to sell @ RM3.2 before rebounding back to RM3.9 the next day.

What u can do is to partial let go your positions. batch by batch.

theres always next time..next trade.. next opportunity..
brokenbomb
post Mar 1 2021, 03:16 PM

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QUOTE(kembayang @ Mar 1 2021, 03:13 PM)
wow what happen with MPI sudden surge?
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MPI and D&O, ntah apa yang dirasuki. confused.gif

enjoy the profit guys! if nasdaq tumbles again tonight be sure to keep your friends close and your stop loss closer!

This post has been edited by brokenbomb: Mar 1 2021, 03:18 PM
brokenbomb
post Mar 1 2021, 07:40 PM

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QUOTE(ry8128 @ Mar 1 2021, 07:28 PM)
Seems like glove gonna game over soon, lol.

If based on TA, its already gone. laugh.gif
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nola. if based on TA,

"smart money is coming, smart money is collecting" tongue.gif
brokenbomb
post Mar 2 2021, 03:36 PM

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QUOTE(howyoulikethat @ Mar 2 2021, 03:14 PM)
Which is more painful?

1. Suffering real losses by cutting now? or
2. Suffering years of paper losses until the price recovers?
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always no 1

number 2 suffering years of paper losses + missed opportunities + a big icemanfx IF the price recovers
brokenbomb
post Mar 2 2021, 04:24 PM

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QUOTE(howyoulikethat @ Mar 2 2021, 03:51 PM)
I think this is the dilemma many gloveholders are facing now.  unsure.gif

I'm hate the feeling of 1, and seeing paper losses incurred so much in so short a time, cutting feels wrong.

Might as well be forced to be a long term investor, since I don't nid the money urgently.
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Unless the money is such a small amount like free warrants stuck in your inactive bursa account. Then its fine.

I ever stuck with a -50% loss on my account on march. And yes, it did finally recovered on june or july.

But know what else recovers?

The frontken, the uwc and the pentas (and also the glove boom just started during that time)

If i just cut the 50% loss and enter some of these stocks

I would gain more than i lost.

Just sharing some of my dumb money experiences.







brokenbomb
post Mar 2 2021, 09:45 PM

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nah every trend follower's favourite stock UWC just released their QR.

Good? Bad?

saksikan besok jam 9 pagi.
brokenbomb
post Mar 5 2021, 10:16 PM

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QUOTE(AVFAN @ Mar 5 2021, 07:24 PM)
i like to ask if anyone here is a TA/chartist...
back a couple of months ago, there were a good no. of comments on gloves - "the TA/charts show downtrend, sure go down".

and it turned out correct - down continuously for weeks and months, non-stop.
what about tech stocks now?

are the charts showing temp weakness or longer downtrend like the time with gloves?

by tech i mean broadly - chipmakers, contractors, the tesla's and amazon's, VR's, online apps - all of them, i.e. "nasdaq".
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yup showing some temp weakness with nasdaq. but havent form any death cross or any structure break. only undergoing a minor correction like back in september to november.




brokenbomb
post Mar 5 2021, 10:32 PM

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QUOTE(howyoulikethat @ Mar 5 2021, 10:18 PM)
My guess is either MSM, MMC or MBM
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or Media tongue.gif just broke 52 week high after a long accumulation

during correction (or crash) is also a good time to have a look on your watchlist and see which stocks refused to go down like their peers blush.gif

today drop kao kao, but try and have a look at hextar, SRIDGE, Genetec. holding up quite well. some tested the short term, some naik pelan2 mcm siput.
brokenbomb
post Mar 6 2021, 08:24 AM

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QUOTE(howyoulikethat @ Mar 6 2021, 12:34 AM)
I quite like UWC. Fast growing business, frontend semicon, involved in autonomous vehicles, insiders own 50%, Forbes Asia best under billion, share price uptrend, covered by analysts.

3 things stop me from investing in UWC (for now, at least):
1. Share price has increased a lot since last year with rather high PE. (due to extraordinary growth rate) I'm uncomfortable with sky high PEs & very low DY.
2. Expectations on UWC are very high. Since listing, its revenue & profit have increased every single quarter. What if I have bad luck to buy it & a QR with lower revenue or profit comes in?
3. UWC is rather new. I prefer companies with track record as a listed company.

Anyhow, good to know another company on Bursa.

P.S. I hope no one gets discouraged by me.  sweat.gif If it shoots up to RM10 in future, don't come after me ya?
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already touch RM13 before BI. thumbup.gif

if next week it's going to claw itself way back up to the 20 MA line. might be a good time to enter. rclxm9.gif








brokenbomb
post Mar 6 2021, 06:39 PM

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QUOTE(airtawarian @ Mar 6 2021, 04:51 PM)
Monday will be glove day. Mark my word
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You didn’t mention green or red

Or maybe both. Hmm

If there is a tech rebound, might use it to unwind some my 2020 tech positions. Recovery play seems to be the next trend.




brokenbomb
post Mar 7 2021, 11:55 AM

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QUOTE(HouseHunter @ Mar 7 2021, 10:28 AM)
Glove is due to pandemic. Current tech is due to 5G and EV which are future tech. Tech will not follow glove trend at all.
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Agree.

Glove trend is only malaysia trend (okla got mercato, sri trang and riverstone) sweat.gif

Tech trend is world trend (the TSMC, the apple, the nvidia, the samsung, the baba) tongue.gif

Yes every trend has its cycle

But to say tech trend will follow glove confused.gif short term ya maybe. But oversold kao kao from peak RM9 to 4 setengah. Hmm


brokenbomb
post Mar 8 2021, 03:29 PM

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QUOTE(ChAOoz @ Mar 8 2021, 03:25 PM)
Hedge your bet.

If you buy oil and tech today, its just about even out both of them.

It would be great if tech dont drop so much. But nobody is forcing me to sell right now and commodity is giving me the cushion to continue holding for an eventual reversal.

I still think tech will rebound due to stimulus.
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Liquidate all my tech positions

Yeah will rebound soon. But better to exit first then enter once confirm.

If not nangis oh every night keep hoping the Nasdaq break new high 🥲
brokenbomb
post Mar 8 2021, 03:36 PM

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QUOTE(ChAOoz @ Mar 8 2021, 03:34 PM)
Being greedy never take own advice haha.

I thought market going back to risk on with stimulus ahhhh... lets see how red can it go.
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Haha the signs were there bah. But we didn’t listen.

Sekali broke the MA50 line. Ok end of trend. Correction mode. Bye bye.
brokenbomb
post Mar 8 2021, 09:00 PM

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QUOTE(v1n0d @ Mar 8 2021, 08:46 PM)
Hi, would just like to gather some views from fellow investors here. For those who hold bluechip stocks, how do you decide when to take profit from your capital gains? I'm currently sitting on stocks with ~50% profit thanks to averaging down over the last year or so. Dividends are good, but I'm starting to think that if I don't sell, all those capital gains will stay on paper.
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some days it will hover around 50,40,30% gain

and u might think "aiya already got 50, sell lah 40. this stock is on sideway"

then suddenly jump to 60% gain

if u really feeling like selling, just sell it partially.

u can always reenter it next time.
brokenbomb
post Mar 9 2021, 09:19 AM

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QUOTE(gordonchin @ Mar 9 2021, 09:08 AM)
For tech people what do you think of this corrective phase. Weather through the storm or sell to protect capital.
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I’m on sell side. Although my profit should’ve cushion the drop but the constant heartache can’t tahan.

Decided to let go early and enter again during the next rebound
brokenbomb
post Mar 10 2021, 11:15 AM

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pmbtech held pretty well during the tech rout on monday tuesday

ok diletak posisi tongue.gif

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