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Fung Choi
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hippoo
Member |
09-Feb-2007 16:57
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Hi all, Is the result coming out next week? |
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lucky168
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05-Feb-2007 22:09
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rekindled love for this counter again.... vested again @67.5 |
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uc2028
Member |
02-Feb-2007 00:16
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i think this stock is oversold... |
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lucky168
Veteran |
30-Jan-2007 01:31
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guess i made the wrong call for this... well, still more to learn... |
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lucky168
Veteran |
24-Jan-2007 23:34
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my target for fung choi is 74c now uptrend resume... |
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singaporegal
Supreme |
20-Jan-2007 22:46
Yells: "Female TA nut" |
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Hi lucky168, Be cautious... may be downtrending soon. |
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lucky168
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20-Jan-2007 20:02
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singaporegals, any opinion? |
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iPunter
Supreme |
10-Jan-2007 00:20
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Not much math's required in the market... hehe... just some simple arithmetic and geometry... :) |
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Sporeguy
Elite |
10-Jan-2007 00:14
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Hi Ipunter, you sound like a maths grad. "random walk" |
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iPunter
Supreme |
09-Jan-2007 23:34
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Fung Choi displayed some random walk characteristics in the chart in the past couple of weeks... it throws the technicians out of balance... seems like it doesn't like to be analysed... :) |
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lucky168
Veteran |
09-Jan-2007 22:42
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rather disappointed at the slow pace of fung choi. Did not run much during the last few days of frenzy trading. However, I like the strong fundaments of the company, & confident it can deliver a strong set of results this year. Let's wait for re-rating! |
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hippoo
Member |
21-Dec-2006 22:42
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Thanks singaporegal. :) |
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iPunter
Supreme |
21-Dec-2006 22:31
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I suspect it may have something to do with year-end portfolio adjustment or something of that nature... I would reckon if the big boys are not obliging them, nothing will come out of it. |
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singaporegal
Supreme |
21-Dec-2006 22:31
Yells: "Female TA nut" |
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As a matter of principle, I always prefer moderate price rises with large volumes to huge price rises with small volumes. Large volumes indicate interest (either buying or selling interest) and therefore implies sustained trending. |
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singaporegal
Supreme |
21-Dec-2006 22:27
Yells: "Female TA nut" |
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Hi hipoo, If you look at its volume chart in the past 2-3 months, you'll see that during the weeks when this stock was bullish, the volume was at least 14 million. There was even 1 day when the volume was 24 million. And in those high volume days, the price was was moderate and sustained over the week. That's healthy. For this price spike yesterday, the 9million volume isn't too spectacular in comparison. Therefore, the large price increase didn't have the huge volumes to back it up. That was why I felt that its not sustainable. |
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hippoo
Member |
21-Dec-2006 22:22
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HI Singaporegal, When u mention about phenomenal volumes, is 9million vol compare to its normal of 1-3milliion ave, isn't it phenomenal? Can u advise? Thanks! |
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iPunter
Supreme |
21-Dec-2006 22:18
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Ya, I agree with that too... Quite a tricky situation, this one...andt volume is nothing spectacular... 9million on the up-spike compared with previously 14m and 24m. Very likely to back down and resume downtrand, especially if it receives some coaxing from a bad Dow day tonight. |
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singaporegal
Supreme |
21-Dec-2006 22:10
Yells: "Female TA nut" |
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May be resuming downtrend after price spike yesterday... be cautious |
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singaporegal
Supreme |
20-Dec-2006 21:48
Yells: "Female TA nut" |
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Be cautious... the rise in stock prices isn't really supported by phenomenal volumes. |
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uc2028
Member |
20-Dec-2006 20:55
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wah how come the stock price rise so much today? |
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