SoundGlobal   

Epure International

in the stock market..it pays to be the leader..not the follower.. :)

 

Regarding the Epure weekly chart ( assuming Friday close at 51,5 cents ) , the RSI  is at over bought position but not divergent yet . the Stochastic oscillator is at  84 which is a strong market signal , and could maintain the share price for a long period before cutting down the 70 mark. MACD is at positive territory and still moving upward . Another indicator ,William %R  also suggests the trend could hold for a longer period . Actually , the weekly chart shows more reliable picture of the trend .

 

Not only Epure and Mermaid have the same character now , other counters behave in the same manner too .We bought a counter at the early stage at low price , and sold it for a huge profit later  on  , switch to  another counter , but later found  out the previous one kept  on surging again . This is always happens in the early stage of bull run . To prevent  heartache after selling a counter too early , switch the fund to other counter which  is also in the uptrend , hold it patiently and wait for the time to come .

 

i'm in this @ .5, .505

 

Epure closed at its highest point yesterday with high volume , this is to confirm the break out of the small flagpole formation , the near term target is at 57.5 cents . The MACD and RSI are both showing strong buying signals .

 

Epure is now breaking out of the small flag pole formation , accompany with higher volume , this break out is almost confirmed .  Once breaking the recent high of  52  cents  , the price could go up to 57.5  cents

 

Volume is increasing , price is advancing , can wait a while ,  still no sell signals shown .

 

hmm time to sell yet ? or is there more upside?

 

Institutions are  buying  at  this  current  level  below 50 cents .

 

juz a curious question...
basically there's been a 1000 shares buy up at certain intervals since yesterday.. is there any beneficial reason behind this?

 

citi buy call at www.nextinsight.com.sg

seems very positive on Epure. but price has run up a lot.

 

 

Epure has a  BUY call   from  Citi bank  recently   revising the fair  value  upwards to  60 cents .

 

Finally  Epure went  into correction as the market took a breather from the recent strong gains . This is good and healthy for the counter to have some consolidation before going forward again . The near term supporting point is at 43.5 cents .

 

vol coming up,,,if nothing serioous fr Wall street..i sell at 55c..gd luck guy...and still buy SAR again today..

hope dont need to cut loss.and .this is really a correction, otherwise,,,lose $$$..less profit..

 

inDon't miss the train , Epure is  still  holding  very  firm today , the price is still standing above the 10 days MA , buying  orders still coming  .

 

You will have fun and satisfaction when doing charting . Find a counter , see the chart , find the formation ,  do the measurement , predict the target , observe the movement , all  these will bring you not only profit  but also  happiness . Even though you can not get it right , you also enjoy the work to find out what goes wrong .

 

Haha seems like we have a little gathering here. I hope to learn from u guys as well.

I was looking at those shell companies as well, sigh, when shell runs, its the end of the rally.....

 

Investing and trading  are  quite  different  from  gambling  and  punting . For  gambling and punting in the stock market , u  don't even  have to do your homeworks , may be u don't even have to put in your money . Hold  nothing , think nothing , only listen to tips or rumours , but if  the tide goes   against u , u will be drown n doom . I do not want to hurt anybody , just to pull the alarm .

 

Last wk we withness those empty shell rallying, going forward i see them occuppying top vol and been query by SGX as usual like previous rally..

It will be profitable to play along, but take your trg profit and run, be fast..and also one thing..at later stage of these empty shell rally, your broker may set trading restriction...so please be alert, before u got suck..and lose $$$...

Just a reminder,  experience fr previous rally.

 

There is no reason, you cannot get to trade, ...you can do that even on holiday..just bring along your laptop.

rachael      ( Date: 07-Jun-2009 10:14) Posted: Good morning Chongwee, congrates on your earning on StraitAsia Resource.. hope to learn from you also as I am very new to the market. I have park all my money on Epure on last friday.  I will be missing the action next week  as I am on holiday, wish me luck on Epure.