the famed railway track formation which suggests a good time to take profit...
the volume showing divergence while stock price climbs higher and higher....

You.... you never shared with me....

If you had.... I would have used the rotan and forced you not to sell there....

It;s 6.05 now...

not very okay this railway track thingy ....

Hahaha.... TQ!

However, it's my preference not to use indicators.

Anyway, technically the chart showed the railway track...
and technically, like in all breakout and breakdown, the trader should have waited for the breakout action, which DID not happen.

yhtan

... the trade that was destined to lose... lose lor....
so let me post it here ..................




Time to mark this out as a loss at 7.42.

1. Although it's a paper trade, I shall strike the trade out at 7.42. A loss of 8 sen.

2.The whole idea apparently was enter the stock and profit from the interim dividend. Sell the stock b4 the stock goes EX.

and as personally witnessed in other stocks, such plays are risky. And in the supposedly most safest dividend play stock, this play failed.

3. The whole idea for the trade is just wrong and it would be even more wrong for me to start looking for a reason and turn the trade into an investment. Yup, although it's a fake, I cannot and will not cheat myself. Pointless ya.. Man up. Own up to the bad trade.

4. Habis cerita.

Ok ... laptop off ....


enjoy laaa ..................................

Yeah.. it was great shaking legs

Shake to the left.. then to the right...

Chart of the day.....





How and why do you wanna trade a stock like this?

Triangles are nice.....

... and yeah.... possibility of a minor consolidation soon.....

Frankly I dunno which is worst.... CIMB or Maybank ..... or PBB

CIMB




PBBank ....

LOLOL!!!

Maybank dun have H&S la... PBBank got la....


Maybank... lol.... DESTINED to lose mah...
that was made on purpose...
cos all you see on the thread...
is.. COLLECT, COLLECT, COLLECT....

then... this fella... say so loud.... if got a million bucks... buy at 7.50 lor.... sure win... sell at dividend ex-date....

so I fast hand fast leg inserted a 555 trade into the trade....

ps.... yhtan

it's a 555 book ma....

so must test out those theories which has got high chance of not winning...

Banks... I peep and look see only those 3 la....

AmBank? It is like you asking me to look at Kossan

Err.... MPI used to be THE tech stock of the 2000s.....

MPI movement in 2000s.....







the rise and fall of the tech (semicond) ......

Why need to think like this?

Do you know that such assumption is so risky?

PBBank fell from 25++ to ______
CIMB fell from 5++ to __________
Maybank fell from 10++ to __________

ahem...... see the point?

If one had assumed that govt will support.... why had these 3 banks fell so much, so hard lately? where was the support?

EPF ah?

and then ... there's the TG and EPF story....

Remember that many weren't to happy cos how could they have the TG boss as independent advisor and epf buying TG shares?

That doesn't sound right, yes?

So EPF listened to critics... and they did disposed a lot of their stake in TG ....

disposal price was 6++ ..... ouch!

https://www.theedgemarkets.com/article/epf-...ial-shareholder

Speculation at it's best meh?

You did not address the risk properly.

Ok... you are assuming the part of the EPF...

so how good are the EPF guys/gals and how good are the sub-fund managers who are they assign?

Look at the posting right above yours... it's on TG and EPF.
Did you not see the price they disposed....

Which brings us the simple logic question... if so good... why they dispose at so low price?


Ok... talk banks.... talk Maybank.

Last transaction EPF did was on the 24th Aug. Acquiring 2,000,000 shares.
On the 25th Aug, EPF tambah minyak, acquiring some 750,600+ shares...

Maybank announced its Q earnings without dividends on the 27th Aug. No interim dividends.

LOL! Is that support? Or did EPF itself speculated that Maybank would announce some interim dividend?

How? Conclusion on these recent transaction by EPF on Maybank?
Refer to the dates on the chart... ask yourself.... was EPF supporting Maybank stock prices or were those buggers just speculating on the interim dividend?