Q: technical wise, let say for stock like SUPERLN after brokeout from 2.6, how would one enter if he doesn't have this stock yet?
As for myself, cannot see entry
BWC
BWC
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Apr 11 2017, 01:29 AM
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#21
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Q: technical wise, let say for stock like SUPERLN after brokeout from 2.6, how would one enter if he doesn't have this stock yet?
As for myself, cannot see entry |
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Apr 13 2017, 07:00 PM
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#22
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QUOTE(max_cavalera @ Apr 12 2017, 08:11 PM) Haha when broke out of 2.6, i'm queuing already. Even mentioned that 2 price did not even match. Then thought tmr got chance, mana tau EOD release qtr rpt, sayonaraQUOTE(gark @ Apr 13 2017, 02:52 PM) Baru start to retrace a bit only wo... |
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May 1 2017, 07:45 PM
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#23
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i think double bottom also its preceding trend is a downtrend, and failed to make new lows, hence the reversal would be strong.
in frontkn case, it was not in a downtrend my 2 cents This post has been edited by hehe86: May 1 2017, 07:45 PM |
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May 1 2017, 11:09 PM
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#24
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Haha, not saying i'm good in charts also gek, we're here to learn!
They say reading a chart is an art, not a science too Actually to read a chart on cheap stocks like frontkn, which is 0.2x-ish, i'm not so sure how accurate chart reading can be for it. Since it is cheap, the movement is very limited. in my opinion lo. as for double bottom, to me, a double bottom is a reversal play. Hence thats why i said it should be in a downtrend, failed to make new low, then reverse to go into a new trend. thats why opposite of double bottom is double top lo |
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May 3 2017, 04:39 PM
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#25
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Haha. Maybe sometimes one need not to know where's the beef but act according to the current price?
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May 3 2017, 05:52 PM
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#26
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May 8 2017, 03:20 PM
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#27
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QUOTE(Boon3 @ May 8 2017, 10:32 AM) The beef represents the 'potential' reward. Without knowing the potential reward, how is one gonna do a risk assessment of a trade? Or maybe JT is in vogue. And i thought one normally wouldn't know how high a stock can go? More often that not though, a stock usually not in my radar until the news came out only to realize. But a recent example like SUPERLN, the consolidation before the breakout around 2.6x, one could be ready to wait for the breakout before waiting for the qtr report to act lo Btw, what is JT? This post has been edited by hehe86: May 8 2017, 03:22 PM |
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May 8 2017, 03:23 PM
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#28
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I also waiting for Suicidal Guy to reply his stock pick out of that 3 hehe
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May 8 2017, 04:54 PM
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#29
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QUOTE(Boon3 @ May 8 2017, 03:31 PM) For stock breaking out to new highs, your own estimate valuation of the stock is needed. Yes the funnies is needed and is very important. For new highs stock, the way i currently been doing is minimum expectation of x2 reward of my risk/stop loss. Usually will take some profit once it reach x2 reward and hold the remaining to ride the trend. Not sure how or what to use to get the valuation of a stock (based on estimated PE, broker house tp, etc)Compare Favco and Success....what's the difference? Why one is worth risking to chase... JT = ? Just Tembak la. Favco, able to closed new high with good volume, but the next black bar is also with significant volume, so that's not a really good sign already. may have to monitora while longer. As for Success, is already in an uptrend, unlike Favco which was in a consolidation, keep making new high, especially after the break of 2.9 and 3.1 with good volume. But to enter Success, no idea. So my answer would be to consider Sign after the close above of 1.01, it 'consolidate' with low volume which is quite ok imho. JT, first comes into my mind is John Travolta lmao |
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May 8 2017, 07:15 PM
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#30
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May 12 2017, 03:52 PM
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#31
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Can check out the book Mastering the markets by tom williams to know more bout volume price relationship
quote from the book: » Click to show Spoiler - click again to hide... « more read up: https://atoast2trading.wordpress.com/2013/0...esse-livermore/ This post has been edited by hehe86: May 12 2017, 04:05 PM |
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May 15 2017, 04:41 PM
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#32
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They say after close its gap, will turun?
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May 15 2017, 07:36 PM
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#33
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May 15 2017, 07:52 PM
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#34
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Haha anything that cast can be uncast also ma, lol
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May 17 2017, 04:23 PM
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#35
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SIGN, paper trade if close above or @1.04? lol
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May 17 2017, 05:20 PM
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#36
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Haha, i assume you would like it to move above 1.06?
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May 17 2017, 07:32 PM
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#37
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yea that huge jump net profit is quite obvious. Without that profit, macam so so only or rather not so good. lol
i know i know you gonna say u dun let chart use you. |
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May 17 2017, 10:56 PM
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#38
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char koay teow stocks very de obvious wan wo... example TIGER? How also SIGN n TIGER macam heaven and earth leh lol
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May 18 2017, 04:14 PM
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#39
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QUOTE(Boon3 @ May 18 2017, 01:04 AM) » Click to show Spoiler - click again to hide... « If i assume that when the earnings on Nov 2016 was announced, the price already reflected, hence cannot go lower. Then slowly it recovers, then again on Feb, it announce not so good result and yet to move up higher. I would have ask myself apasal tak cantik tapi masih mau naik? I "could" react on the price action and ride the trend no? |
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May 18 2017, 06:07 PM
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#40
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QUOTE(Boon3 @ May 18 2017, 05:05 PM) » Click to show Spoiler - click again to hide... « Yes fundamental wise it is declining and the price didn't make sense to move up. Hence thats why i said i paper trade with reason: ONLY TA, and see how it goes only. I also most likely won't put my money on it with this kind of FA. So i get your point, is not that i dont, lol |
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