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TSBoon3
post Aug 12 2020, 10:54 AM

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QUOTE(ChAOoz @ Aug 12 2020, 10:50 AM)
Good as in i know there is a base of very strong old holders.

Bad cause i feel retailer not so pumped up anymore.

I expect it to bounce more with new buyers, but lets see how todays end.
*
It 'should' be ok kua... my 3 sen guess ....

anyway, I feel that the market is paying for its 4th Aug exuberance where stocks were going limit up right, left and center ..... sweat.gif
Coup De Grace
post Aug 12 2020, 10:58 AM

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QUOTE(Boon3 @ Aug 12 2020, 09:45 AM)
SuperMan .....
sweat.gif  sweat.gif  sweat.gif

user posted image
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Ouch, breaking down the UPtrend channel

People see the russian vaccine news and dumping gloves

Luckily didn't buy more yesterday. Gloves based on past few months is buy the rumours, sell the news

This post has been edited by Coup De Grace: Aug 12 2020, 10:59 AM
ChAOoz
post Aug 12 2020, 10:58 AM

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QUOTE(Boon3 @ Aug 12 2020, 10:54 AM)
It 'should' be ok kua... my 3 sen guess ....

anyway, I feel that the market is paying for its 4th Aug exuberance where stocks were going limit up right, left and center .....  sweat.gif
*
By 4pm+- we will know how much excess in the market as margin trades are called up.

But i think most brokers are pretty prudent this round, din't simply give free credit to play like last time.

If we continue this trend till friday, the death spiral will indeed form for those bursa high flyers.

This post has been edited by ChAOoz: Aug 12 2020, 10:59 AM
TSBoon3
post Aug 12 2020, 11:00 AM

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QUOTE(Coup De Grace @ Aug 12 2020, 10:58 AM)
Ouch

Luckily didn't buy more yesterday. Gloves based on past few months is buy the rumours, sell the news
*
Honestly I wasn't expecting this to happen... did saw minor weakness in TopGun but it's nothing too conclusive was my opinion yesterday.

Today, it just snowballed right down... dragging everything ....
Coup De Grace
post Aug 12 2020, 11:02 AM

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QUOTE(Boon3 @ Aug 12 2020, 11:00 AM)
Honestly I wasn't expecting this to happen... did saw minor weakness in TopGun but it's nothing too conclusive was my opinion yesterday.

Today, it just snowballed right down... dragging everything ....
*
Now the rumours is Russia vaccine, so people dump gloves and buy pharma stocks

This post has been edited by Coup De Grace: Aug 12 2020, 11:02 AM
TSBoon3
post Aug 12 2020, 11:02 AM

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QUOTE(ChAOoz @ Aug 12 2020, 10:58 AM)
By 4pm+- we will know how much excess in the market as margin trades are called up.

But i think most brokers are pretty prudent this round, din't simply give free credit to play like last time.

If we continue this trend till friday, the death spiral will indeed form for those bursa high flyers.
*
It's possible ... but you should understand I can't be saying too pessimistic/optimistic stuff cause i do not want to simply mislead others to Dutchland .... sweat.gif


TSBoon3
post Aug 12 2020, 11:05 AM

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QUOTE(Coup De Grace @ Aug 12 2020, 11:02 AM)
Now the rumours is Russia vaccine, so people dump gloves and buy pharma stocks
*
laugh.gif

You, yourself should not be listening to such stuff la...

Stay in focus.

The health stocks by itself isn't bad at all. Some are pretty decent and do have their own story to sell.
It doesn't really need such 'story' imo


blu3_apple
post Aug 12 2020, 11:15 AM

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any idea how to see more market queue for stocks ? i only get to see "3" buying prices and "3" selling prices on RHB tradesmart

for example i want to see 5 prices each ? is this the queue for the whole bursa ? or only RHB platform
IMBeta305
post Aug 12 2020, 11:19 AM

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QUOTE(blu3_apple @ Aug 12 2020, 11:15 AM)
any idea how to see more market queue for stocks ? i only get to see "3" buying prices and "3" selling prices on RHB tradesmart

for example i want to see 5 prices each ? is this the queue for the whole bursa ? or only RHB platform
*
iinm you need to pay extra to see extra levels.
TSBoon3
post Aug 12 2020, 12:18 PM

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QUOTE(Boon3 @ Aug 11 2020, 09:16 PM)
Eh? That is the stock market lo.

More than 100 years ago.. if you were to refer to that Stock Operator book... there was one chapter on the issue of stock tips.

Read that book.. and compare it with today. 100 years later.  anything changed? Nope.

Punters just want tips. They just want to know what stock to buy and how high it will go. That's all. They do now want to know if perhaps the owner if that stock is a shaddy bugger. No. They don't care. Stock code? 2344. TP? 40. OK Hantam me 50,000 shares.

End story.

Or... Old fart buy call on OldCow wo. TP upside 30% wo. Wait for what? Durian fall la...
Yup. That's how it goes..... it has always been the same.
*
anakMY

Here you go ...

user posted image

user posted image

Sounds familiar or not? smile.gif
Coup De Grace
post Aug 12 2020, 12:21 PM

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QUOTE(Boon3 @ Aug 12 2020, 12:18 PM)
anakMY

Here you go ...

user posted image

user posted image

Sounds familiar or not? smile.gif
*
Things never changed

Any tipsy? drool.gif
TSBoon3
post Aug 12 2020, 12:24 PM

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QUOTE(Coup De Grace @ Aug 12 2020, 12:21 PM)
Things never changed

Any tipsy?  drool.gif
*
That book I think got 100 years old ...
One of the best book smile.gif

Can buy la
silverwave
post Aug 12 2020, 01:47 PM

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Hi, for analysing the charts like the sifu's here, is there any website i can start with to learn? One that does not confuse a beginner biggrin.gif
TSBoon3
post Aug 12 2020, 01:59 PM

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QUOTE(silverwave @ Aug 12 2020, 01:47 PM)
Hi, for analysing the charts like the sifu's here, is there any website i can start with to learn? One that does not confuse a beginner biggrin.gif
*
Hello, you are welcome here but please drop all the sifut sifut nonsense.

All is equal here.

Google is the best,

https://www.investors.com/how-to-invest/sto...-for-beginners/

follow the links...

that's a start ....

every time you get stuck with a phrase you do not understand... google again.

and if you wanna be good in trading... err .... my advise (which you probably wouldn't like) is stop trading now.
Do only paper trade. Paper trade for few years... when you are ready.... you will know it.
TSBoon3
post Aug 12 2020, 02:05 PM

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QUOTE(silverwave @ Aug 12 2020, 01:47 PM)
Hi, for analysing the charts like the sifu's here, is there any website i can start with to learn? One that does not confuse a beginner biggrin.gif
*
For example this chart ...

user posted image

The blue line is what you call a trendline....

Google... google... google....

That's all you need....

Google for drawing a trendline

icon_rolleyes.gif
silverwave
post Aug 12 2020, 02:34 PM

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QUOTE(Boon3 @ Aug 12 2020, 01:59 PM)
Hello, you are welcome here but please drop all the sifut sifut nonsense.

All is equal here.

Google is the best,

https://www.investors.com/how-to-invest/sto...-for-beginners/

follow the links...

that's a start ....

every time you get stuck with a phrase you do not understand... google again.

and if you wanna be good in trading... err .... my advise (which you probably wouldn't like) is stop trading now.
Do only paper trade. Paper trade for few years... when you are ready.... you will know it.
*
QUOTE(Boon3 @ Aug 12 2020, 02:05 PM)
For example this chart ...

user posted image

The blue line is what you call a trendline....

Google... google... google....

That's all you need....

Google for drawing a trendline

icon_rolleyes.gif
*
Haha, will follow your advice on the link, thanks. I did read up/study before but left it half way, now will start all over again. Fresh start for learning laugh.gif

This post has been edited by silverwave: Aug 12 2020, 02:35 PM
TSBoon3
post Aug 12 2020, 02:53 PM

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QUOTE(silverwave @ Aug 12 2020, 02:34 PM)
Haha, will follow your advice on the link, thanks. I did read up/study before but left it half way, now will start all over again. Fresh start for learning  laugh.gif
*
Read only halfway ???

laugh.gif


Take TopGlove chart above.... why is the blue line important today?
silverwave
post Aug 12 2020, 02:58 PM

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QUOTE(Boon3 @ Aug 12 2020, 02:53 PM)
Read only halfway ???

laugh.gif
Take TopGlove chart above.... why is the blue line important today?
*
Yup, got a little busy with work and totally left it biggrin.gif

As a support line for Top Glove price?
TSBoon3
post Aug 12 2020, 04:41 PM

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QUOTE(silverwave @ Aug 12 2020, 02:58 PM)
Yup, got a little busy with work and totally left it  biggrin.gif

As a support line for Top Glove price?
*
The risks are quite substantial if you trade hot stocks while working....

life never fair one... the hot stock you trade might turn for the worst just when something urgent happened at work... wink.gif
silverwave
post Aug 12 2020, 04:57 PM

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QUOTE(Boon3 @ Aug 12 2020, 04:41 PM)
The risks are quite substantial if you trade hot stocks while working....

life never fair one... the hot stock you trade might turn for the worst just when something urgent happened at work... wink.gif
*
Totally agree smile.gif

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