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Today, STI listed Top 10 trading is all, but China listed counter having enjoy a re-run, BULL RUNing....
. Bull hav't charge yet.
. Bull hav't charge yet.
AK no tension, after few glasses of beer with old friends, returned back for lunch at 1420hrs, my norm is 1345hrs. Hence, things go up may come down and vice versa loh. Cheers.
YZJ is leading the chareging, following up yet is another China S-Share...China Hongxin...
| Yangzijiang | CD | -- | 1.030 | 1.100 | +0.080 | +7.8 | 74,866,000 | 800,000 | 1.100 | 1.110 | 2,299,000 | 1.120 | 1.030 | MFG | SGD | -- | BS6 | BS6_R |
| China Hongx | CD | 0.675 | 0.690 | +0.035 | +5.3 | 71,947,000 | 1,840,000 | 0.685 | 0.690 | 426,000 | 0.700 | 0.670 |
China listed S-Shares here is given a boost, bull re-run is seen coming for it....Hehehe.
a good morning performance by STI with great volume~!
Couples with China tax cut boost and tonite DJ cheong a bit, tomorrow would be grand TGIF leow. Cheers.
we should be supported by 3200 level...but resisted by the 200MA...but nevertheless with current volume now (which we hadn't seen for quite some time already)...its a positive sign
1.1b trated volumn now. Seeing some profit taking. However, the main bulk of the trading are coming fr the so-called Dragon stocks(China stocks loh), Yangzejiang leading. This is attributed by the announcement of reduced stampping tax on trading by China yesterday.
the volume surge seems a sudden yesterday...hmmm...such big sudden volume may be due to big buys from fund managers? i mean tt's a possibility la...maybe only..jux speculating on tt...
wadever the case...it seems to be benefiting us now
Anyone knows why the sudden optimism? Or investors have had enough of bad news and nothing is considered as "bad" anymore and they are immune so the confidence level returns?
just hope that it is not running away with the gains again next week...
good pace today...even though now raining heavily islandwide (i presume so...)...this is not dampening the mood of the local market...
this morning trading volume as of current level is very good...almost 0.7billion into the first hour and we broke the 200MA ...we should be likely to stay above the 3200 level by the end of the day hopefully...seems like a good sign technically ..hope no false outcome...
cheers to everyone~
cyjjerry85 ( Date: 23-Apr-2008 17:19) Posted:
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Volumes are looking better this week!
SmartBear,
go to China XLX tread and you should be able to get an answer. A lot hardworking forumers posting their finding etc.....
TA wise.... got potential...
I never read up on China XLX. Looks good huh
Livermore,
Which china counters u thinking about ?
I suggest China XLX, 2 very fierce candles for the last 2 days... nearing support/resistance line of 0.9 now...
any coments ?
As mentioned previously, now with higher volume, you have to buy shares at a higher price. When there was no interest, one should buy some. As the share go up, average up in 2 or 3 steps. When you make your last buy, some using "strong volume and strong uptrend" indicator, might just be making their first buy.
Some of the China stocks are attractively priced. Take a good hard look at them.
closed today at 3193 (above yesterday's intra-day high) with a healthy volume of 1.88billion...good attempt today in trying to stay above 3200 level for quite long periods of time today...well...we need to go slow & steady to be able to close firmly above 3200 level...too fast may result in a big fall too...so today's performance considered not bad already
i think we have not seen this level for quite some time and with this volume already...seems quite positive
HSI and STI are growing their own legs........