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Stockcham
Elite |
21-Sep-2013 23:36
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Should be 169, not 170. Huat ah!
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Stockcham
Elite |
21-Sep-2013 23:34
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No more inverted hammer or gravestone doji liao...lol. But it is in a downtrend. Let's see the Friday's 175 can hold tomorrow. But I think 170 should hold if it happen to drop some more.
Huat ah!
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dragon7
Member |
21-Sep-2013 23:33
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Sori is 34b shares.
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dragon7
Member |
21-Sep-2013 23:31
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Indeed a good analysis bro. Those r speculative stocks n supported by BBs fr a real reason. Thus it will b gradual run up wif some run down n chiong big once in a while until they hv a better visibility. I think tis happened to those u mentioned. For albedo, new shares not issued yet. When the 34 mil issued, 67% wil be escrowed. BBs wil hv to support it after deal went thru as they hv a task on the compliance shares placement n pricing. And a story-telling job in painting the buz. Just a 2 cents n a newbie.
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Stockcham
Elite |
21-Sep-2013 23:28
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Bro, I don't really monitor big cap stocks n sti especially sti because it can't really represent all counters in my opinion. You see, sometimes sti close green but many counters in the red. I'm actually referring to pennies n mid cap stocks. The weakness is just a short one I think n after that it should moves up again. It may only last a few days maybe at the beginning of the coming week. The bull haven't end yet. In between the bull run, there will be some weakness in between. I think this is common. We haven't encounter super bull run whereby almost any counters we buy we will make money, and volume will be very big in top 30 with many micro pennies top the chart. If we encounter this, then market likely to end. On why I said market turning weak. There are 3 reasons. Volume too high on Thursday at top 30, many pennies top the chart and most chiong counters cannot close day high or near day high.
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Tiencheong
Member |
21-Sep-2013 22:56
Yells: "Second life" |
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Bro SC, have seen your predictions came true many times and I sold some counters on friday after seeing your post. Can you explain why you think market is turning weak, what are the signs that give you this conclusion. From charts, I find that the banks and sti seems to be forming double bottom and thus in doubt.
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Simpsons
Veteran |
21-Sep-2013 22:52
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Bro sc, how abt ccm..is it still inverted hammer?? | ||||
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Stockcham
Elite |
21-Sep-2013 22:50
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Sis, I don't think the chart looks good. It had drop below the uptrend trendline. It should drop further to test 81soon. Good luck!
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halleluyah
Elite |
21-Sep-2013 22:32
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Bro SC, wat do u think abt weiye? Chart looks nice. 
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Stockcham
Elite |
21-Sep-2013 22:21
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I'm looking at 3 counters. ..CCM, AP n CNA. These 3 have some similarities recently. That is it drop to a support price n tested it 4-5 times. Looks like got BBs strong support but is it really support? . On Friday CCM finally gave way. Now left with AP n CNA. Dow dropped nearly 200 pts. We shall see which one can still tahan. Initially I see that both will be sold down soon. But they have been quite resilient. After some thoughts, I think CNA will will survive. I'm looking the angle of how BBs play. More retailers hold CCM n AP. For CNA, retailers have lost confident in this counter n almost the whole market is waiting for it to drop. Shortists are trying to short or find opportunity to short. In this kind of situation, very high chance it will survive. This is just like soccer betting. If many think MU will win, they likely lose. On trading, if it's really going to drop, it would have drop fast after breaking 20. With the kind of constant selling, how many counters can survive n still stay near 20 after breaking it. The support is 197. I think it is worth a try on this counter with readiness to cut loss. The returns is good because if BBs push up, it will be at least x5 returns after it cross 20. I believe they will push up n surprise everyone including UOB.
Now market seems like turning weak. This weak we will still see buying on selective counters. Those with BBs support like Hankore, Jiutian C, Amplefield will likely survive the market weakness. Stocks like OttoMarine, Falcon Energy, EMS etc will see good support n should not retreat much. Watch out for this Amplefield. BBs is controlling the price n accumulating. The longer they control, the chances of a big chiong is higher. I think there is something big coming. If you have money to hold, can buy some and wait for the big chiong. For those still holding ALBEDO, I can sense a sell down soon. Remember Bro ace333 told me that anyone with shares placed to them can borrow scripts to sell first. So the one being issued shares at 0.0224 can also borrow scripts and sell first. Bro ace333, am I right to say that? . Correct me if I'm wrong. I'm thinking if the issued shares of 35 bil is in the market, then the buy sell queue will be like Sunmoon in mil lots. Even if there is share consolidation, the shares still a lot right? . The above is just my predictions. I may be wrong. Pls DYODD. Enjoy your weekend! Huat ah! |
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Acl2013
Senior |
21-Sep-2013 21:39
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Dow Jones down 185.46 to 15451.09, it's a healthy correction after gian of 1000 point, those who are not playing contra don't be kan cheo, hold your stock, as bullish no end yet... Looking for 2014.... lol | ||||
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Simpsons
Veteran |
21-Sep-2013 21:26
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May trade lower initially and might pickup if china and hk is strong..
Hopefully pennies will still get spotlight.. |
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novice_trader
Elite |
21-Sep-2013 21:13
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Friday US markets kana wacked, what will STI be on Monday??? | ||||
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novice_trader
Elite |
21-Sep-2013 21:09
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Yes... Very quiet indeed... | ||||
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winterQQ
Veteran |
21-Sep-2013 20:19
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So quite here
Bump Bro sc family day :) |
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halleluyah
Elite |
21-Sep-2013 18:38
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Sudah " lau kok kok" ....lagi siapa mau....hantu pun tak nak tengok I....lol.
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wendel
Master |
21-Sep-2013 18:22
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Sgx paid!! | ||||
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Peter_Pan
Supreme |
21-Sep-2013 18:18
Yells: "did you order dunkin' donuts" |
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i'm at the f1 race here!! let the engines roar!!!!!
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myjourney
Member |
21-Sep-2013 17:36
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Bros and sista
Happy weekend. Enjoy your precious time with your loved one. Worth to take a look on weiye. Trade with care. Huat Ah!!!! |
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Aprilpiggy
Member |
21-Sep-2013 17:31
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Anyone still keeping amplified? Brother SC has sold but any comments on its direction? Thanks. | ||||
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