The charts for this company looks scary. Definitely in a downtrend.
Might be a good buy, but I don't see any reversal signals yet.
When there is evidence of accumulation, might be good time to buy.
Airasia, Airasia
Airasia, Airasia
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Jun 3 2008, 12:50 PM
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#1
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Junior Member
236 posts Joined: Aug 2005 |
The charts for this company looks scary. Definitely in a downtrend.
Might be a good buy, but I don't see any reversal signals yet. When there is evidence of accumulation, might be good time to buy. |
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Jun 3 2008, 02:38 PM
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#2
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Junior Member
236 posts Joined: Aug 2005 |
Heavy selling as market reopens for the afternoon session today..
RM0.985 now. 2.40pm RM0.980 This post has been edited by sabrateur: Jun 3 2008, 02:41 PM |
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Jun 4 2008, 03:49 PM
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#3
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Junior Member
236 posts Joined: Aug 2005 |
Wait until there is support. Then might want to buy and average down.
My, my, someone just dumped 2,000,000 shares at RM0.96! This post has been edited by sabrateur: Jun 4 2008, 03:52 PM |
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Jun 10 2008, 09:49 AM
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#4
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Junior Member
236 posts Joined: Aug 2005 |
Down, down, way on down south..
86.0 sen now. If you see the charts, it is a very very strong downtrend now. Not even the slightest correction. If only can short.. can make tons of money!! |
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Jun 25 2008, 12:40 PM
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#5
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Junior Member
236 posts Joined: Aug 2005 |
I want to wait until uptrend is confirmed before going in. Don't want to bottom guess.
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Jun 26 2008, 10:28 AM
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#6
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Junior Member
236 posts Joined: Aug 2005 |
QUOTE(Molotov Cocktail @ Jun 26 2008, 10:03 AM) did u notice although high volume is traded in KLSE yesterday, if i'm not mistaken the highest volume traded but the prices is not increase high enough, I think certain people want to increase the price but cannot overwhelm the people who want to sell. I think the price increase is temporary. Agreed.Yesterday the bulk of trading was at 0.815 to 0.830. Lots of buying and selling here. Now price gone down again a bit. Wait 3 days, see if the buyers yesterday pick up or not since their trade is losing. If they don't pick up, we will see a lot of T+3 selling and price will go down again with high volume. |
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Jun 26 2008, 10:29 PM
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#7
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Junior Member
236 posts Joined: Aug 2005 |
EPF bought shares? Good, no sell off in 3 days then.
From the little candlestick charting that I know, today's long white candle is a confirmation of yesterday's reversal spinning top. I think tomorrow will at least have a higher high than today. As for long term trend, still not confirmed the downtrend has been broken. |
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Jun 27 2008, 12:03 PM
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#8
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Junior Member
236 posts Joined: Aug 2005 |
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Jul 1 2008, 04:48 PM
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#9
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Junior Member
236 posts Joined: Aug 2005 |
Looking nice right now, but after 5 white days I want to see some correction before going in again.
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Jul 23 2008, 11:12 AM
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#10
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Junior Member
236 posts Joined: Aug 2005 |
Price action today!
Break .945 already. Next resistance .985. If can break that, can go more than RM1. Fingers crossed. |
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Jul 23 2008, 12:19 PM
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#11
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Junior Member
236 posts Joined: Aug 2005 |
for me very easy. go in based on technical, go out also technical.
If there is technical sell signal i will sell. |
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Jul 23 2008, 01:37 PM
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#12
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Junior Member
236 posts Joined: Aug 2005 |
I think if at 4.45pm the price is near the day high, it is still safe for a quick trade (1-day trade maybe).
If the price go down to around 98 to 96 then not too good. This post has been edited by sabrateur: Jul 23 2008, 01:38 PM |
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Jul 25 2008, 02:57 PM
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#13
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Junior Member
236 posts Joined: Aug 2005 |
huge queues on both sides! who's faking it? which one is going to win?
Nervous... |
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Jul 26 2008, 11:43 PM
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#14
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Junior Member
236 posts Joined: Aug 2005 |
I'm out already.
Went in at .94 expecting resistance at .985 and 1.05. It went over 1.05 then back down again so i sold mine at 1.02. If break 1.05 again i might buy again. |
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Jul 27 2008, 01:14 AM
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#15
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Junior Member
236 posts Joined: Aug 2005 |
I just ride the goreng. Not holding for long term so not worried.
Right now I'm all cash, waiting for monday. |
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Aug 2 2008, 04:06 PM
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#16
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Junior Member
236 posts Joined: Aug 2005 |
he didn't say it will reach 1.90 la..
he just say he bought at 1.90, so hope can reach again.. |
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Aug 4 2008, 12:15 PM
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#17
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Junior Member
236 posts Joined: Aug 2005 |
Point and figure chart shows double bottom reversal. Expect lower low tomorrow.
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Aug 4 2008, 04:30 PM
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#18
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Junior Member
236 posts Joined: Aug 2005 |
Hmm.. but then again.. candlestick chart predicts strong support from 1.10 to 1.07 (there's a gap upwards). And this is supported by heavy queues at said prices (although the queues might be fake ones).
So I don't know.. Have to wait and see. I'm all cash waiting for next trading opportunity. I like this counter. Very liquid. Very trader friendly. Added on August 4, 2008, 4:32 pmAnd oof.. just as I typed that the big queue at 1.10 gone already.. haha This post has been edited by sabrateur: Aug 4 2008, 04:32 PM |
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Aug 6 2008, 09:44 AM
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#19
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Junior Member
236 posts Joined: Aug 2005 |
QUOTE(YuNGSeNG @ Aug 6 2008, 09:28 AM) Just want to know , how to see or calculate DJIA ? Google DJIA, and the first page should show the latest graph. |
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