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Epure International
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Bintang
Elite |
24-Jul-2009 21:41
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You are welcome , tedlim_me , u can check the RSI of Ezion , n would find out the usefulness n advantages of this indicator .
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tedlim_me
Senior |
24-Jul-2009 21:30
Yells: "there is no equity in the equity markets" |
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that helped a lot.. thanks Bintang..
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Bintang
Elite |
24-Jul-2009 21:16
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Hi , dealer0168 , if we mention about overbought , it means the indicator , RSI goes beyond 70 , normally many people close their long position when the RSI of the counters go beyond 70 or more , but in my point of view is that watch it closely , set stop loss , let your profit grows , it may last for quite a long period before changing trend n come down . Remember if the RSI maintains above 70 , do not close your long position too early , because the share price could go up alot more until the RSI divergent .
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dealer0168
Elite |
24-Jul-2009 20:26
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Ooo ok. Next week is time....
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Bintang
Elite |
24-Jul-2009 19:44
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Epure ran up yesterday n hit the channel resistance at 57.5 cents , it tested 57.5 cents again today , it took a breather n went down again testing the previous high turned support at 54.5 cents , then closed at the mid - point at 55.5 cents . If in next week trading , it could go into overbought position n maintain the high volume , it may go higher to reach the target at 64 cents .
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dealer0168
Elite |
24-Jul-2009 18:55
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Btw the progress i mean is upwards progress....
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dealer0168
Elite |
24-Jul-2009 18:54
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Hi Bintang, if Overbought ,will there be a slight correction first b4 Epure progress again. | ||||
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petertan4949
Senior |
23-Jul-2009 18:03
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now all vol u see 70% belong to mid cap and pennies. if u dont start to buy , buy later with less profit. Initial stage is the most profitable for penny. |
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Bintang
Elite |
23-Jul-2009 17:21
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58 cents is now a short term resistance where also the upper Bollinger band weekly is located . But could be broke if the volume would increase together with the share price surging . then it would lead to a explosion in the share price . Because Bollinger band would become a pushing force to power the share price higher if the share price goes beyond the Bollinger bands .
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dealer0168
Elite |
23-Jul-2009 17:04
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Today is a PENNY Stock day. Lots of penny stock up. Not good time to buy, some other day than buy again. Anyway Epure 2 Qtr come around mid Aug, still got time..... Hope still got opportunity to pick it up at good price. A good stock. |
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dealer0168
Elite |
23-Jul-2009 16:49
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May re-enter again.....wait for chance again. Btw Bintang, will 0.58 (52 weeks high) post a resistance latter on fr Epure.
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Bintang
Elite |
23-Jul-2009 16:00
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+DI n -DI has crossed positively n ADX is still surging , RSI is still below 70 which is not overbought , now the support is at 54.5 cents . | ||||
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ozone2002
Supreme |
23-Jul-2009 15:43
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ride the breakout..until it is exhausted..(vol dissipating..)
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Bintang
Elite |
23-Jul-2009 15:42
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$0.64 might be the next resistance .
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Bintang
Elite |
23-Jul-2009 15:36
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Do not sell too early if the price goes outside thr Bollinger band , must wait till it comes in the band n goes out again , then at the second attempt n fails to go outside again , then check with other indicators before confirm the turn around to sell , but set stop loss at this stage is advisable .
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dealer0168
Elite |
23-Jul-2009 15:28
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Haha should not sell earlier...aiya. Btw, i think the price may not be sustainable at too high today. Alot of people are selling. |
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Bintang
Elite |
23-Jul-2009 15:23
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Epure is now out of the Bollinger band , but in weekly chart , the upper Bollinger band is at 58 cents , so may be it could go up further .Although it breaks new high with not high volume , but with this weekly closing candle stick , it fulfils the 4 weeks 's rule , which means it would continue the uptrend to the next resistance .
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watergate
Member |
23-Jul-2009 14:36
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If it is out of bollinger band, does it mean it time to sell? | ||||
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ozone2002
Supreme |
23-Jul-2009 14:24
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n WE have breakout!!! 55c!.. | ||||
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DnApeh
Master |
23-Jul-2009 11:29
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hyflux broke. | ||||
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