Let's talk stocks & IPO
- Thread starter ipoh-horfun
- Start date
ipoh-horfun
Well-Known Member
Re: Let's talk stocks & IPO
whack some sin heng
whack some sin heng
Re: Let's talk stocks & IPO
Love the selldown on STI entering the 3200-3250 congestion zone. Traders fear and stay out, bottom picking investors looking to enter. HSI's cash 22000 looks very oversold. Not keen on S&P and Shanghai bulls though.
Solely on technicals.....
~ Tier 1 names - Kep Corp, SCI, banks (keep on radar).
~ Micropennies, on 2-3 weeks cycle - Magnus, Equation, IPCO, Sing Hai Yi
Commodities stocks look to underperform again....
Love the selldown on STI entering the 3200-3250 congestion zone. Traders fear and stay out, bottom picking investors looking to enter. HSI's cash 22000 looks very oversold. Not keen on S&P and Shanghai bulls though.
Solely on technicals.....
~ Tier 1 names - Kep Corp, SCI, banks (keep on radar).
~ Micropennies, on 2-3 weeks cycle - Magnus, Equation, IPCO, Sing Hai Yi
Commodities stocks look to underperform again....
Re: Let's talk stocks & IPO
Today markets fear.
im gunning for Dukang, ISDN, Sinarmas, Swiber, Kreuz, Bundcenter.
Telcos quite hit.
i think singhaiyi and innopac are condemned, high sell/buy queue with not much movement. lots of shortists, prob fake queue. innopac hold its price very long, until gap down.
Today markets fear.
im gunning for Dukang, ISDN, Sinarmas, Swiber, Kreuz, Bundcenter.
Telcos quite hit.
i think singhaiyi and innopac are condemned, high sell/buy queue with not much movement. lots of shortists, prob fake queue. innopac hold its price very long, until gap down.
kenntona;999704 said:
Re: Let's talk stocks & IPO
SingHaiYi is purely chart call - anything below 0.030-0.031, easy to cut.
Innopac is a goner, breaking out of sideway range. No go for me.
Sinamas - hourly chart looks like crap. MACD crossing over to negative. Will be cautious on NEW positions.
hetraa said:
SingHaiYi is purely chart call - anything below 0.030-0.031, easy to cut.
Innopac is a goner, breaking out of sideway range. No go for me.
Sinamas - hourly chart looks like crap. MACD crossing over to negative. Will be cautious on NEW positions.
Re: Let's talk stocks & IPO
i do scalp trades on sinarmas a few times, 855 enter, 895 exit.. it dingdong this range a few times. but recently theres not much Big Boys plays.
Dukang quite unstoppable...been on it since the 405 times.
ISDN on uptrend. will cut once reach 130.
Swiber on track to reach 830-840
Sinamas - hourly chart looks like crap. MACD crossing over to negative. Will be cautious on NEW positions.[/QUOTE]
i do scalp trades on sinarmas a few times, 855 enter, 895 exit.. it dingdong this range a few times. but recently theres not much Big Boys plays.
Dukang quite unstoppable...been on it since the 405 times.
ISDN on uptrend. will cut once reach 130.
Swiber on track to reach 830-840
Sinamas - hourly chart looks like crap. MACD crossing over to negative. Will be cautious on NEW positions.[/QUOTE]
ipoh-horfun
Well-Known Member
Re: Let's talk stocks & IPO
Need get prepaid card?!
Need get prepaid card?!
Re: Let's talk stocks & IPO
Good chance we will see a bounce off 3200 over the next 2 days, but at most a reverse-engulfing candle formation. Trapped between today's range.
I will still stick to stocks with relative strengths for a trade on the bear-bounce.
Good chance we will see a bounce off 3200 over the next 2 days, but at most a reverse-engulfing candle formation. Trapped between today's range.
I will still stick to stocks with relative strengths for a trade on the bear-bounce.
Last edited by a moderator:
Scg8866t
Banned.
Re: Let's talk stocks & IPO
Today's candle stick opened to a gap down and a break to its downtrend support. Indicative of a possible exponential drop. Currently supported by 200dma(3200). 3200 should not break convincingly, if it does, more downside prevails...
View attachment 51106
Today's candle stick opened to a gap down and a break to its downtrend support. Indicative of a possible exponential drop. Currently supported by 200dma(3200). 3200 should not break convincingly, if it does, more downside prevails...
View attachment 51106
Re: Let's talk stocks & IPO
On the contrary, I love these kind of price actions. After 10 days of selldown, 7% down => high chance of a false break (down), freak out the traders based on classic stop-trigger below 3200 ......... massive shake.... lovely...
Scg8866t said:
On the contrary, I love these kind of price actions. After 10 days of selldown, 7% down => high chance of a false break (down), freak out the traders based on classic stop-trigger below 3200 ......... massive shake.... lovely...
