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More to come!

Peter_Pan      ( Date: 01-Jun-2013 14:29) Posted: Some inflows of funds likely finding their way back into the Asian markets next week.

 

Ok noted bro bishan22... Hopeless me go sell CNA in morning, now chiong up. Not sure what I'm thinking.

bishan22      ( Date: 03-Jun-2013 10:43) Posted: Wait for 0.60 for profit takers and enter on retracement. Good luck.  novice_trader      ( Date: 03-Jun-2013 10:41) Posted: I miss Dukang... No bullets left. Can only see from far...

 

Wait for 0.60 for profit takers and enter on retracement. Good luck. 

novice_trader      ( Date: 03-Jun-2013 10:41) Posted: I miss Dukang... No bullets left. Can only see from far...

 

I miss Dukang... No bullets left. Can only see from far...

 

Good call bro Joseeng!!! 👏 👏 👏

joseeng      ( Date: 03-Jun-2013 09:27) Posted: hopefully some bros here benefited from this ramba run..... joseeng      ( Date: 30-May-2013 15:50) Posted: broke resistance at 58, should have more upside....you just see

 

Congrats All vested!! :D

  nv  

Stockcham      ( Date: 03-Jun-2013 09:39) Posted: Congrats Bro joseeng! Swee! joseeng      ( Date: 03-Jun-2013 09:27) Posted: hopefully some bros here benefited from this ramba run.....

 

Congrats Bro joseeng! Swee!

joseeng      ( Date: 03-Jun-2013 09:27) Posted: hopefully some bros here benefited from this ramba run..... joseeng      ( Date: 30-May-2013 15:50) Posted: broke resistance at 58, should have more upside....you just see

 

hopefully some bros here benefited from this ramba run.....

joseeng      ( Date: 30-May-2013 15:50) Posted: broke resistance at 58, should have more upside....you just see halleluyah      ( Date: 30-May-2013 15:18) Posted: went up too much aredi

 

Today another BlueBlack day... All red again...

 

bro, weekends are always busy for me to find time to login, esp when i have 2 little kids to bug me. tks for your insights and stockpicks so far, appreciate your sharing.....huat ar!

Stockcham      ( Date: 01-Jun-2013 23:42) Posted: Saturday night is always quiet in SJ. Monday to Friday chiong counters. Saturday night chiong discos, karaoke and night club.

 

Hahaha! tanglinboy....you make everyone very nervous hor!
Hahaha!!!Everyone is on the screen now !!! Chiong arh!!! All have a good day!

 

I'm getting nervous as the market opens... haha

 

Bro Stockcham. How do you tell if it is a minor or major resistance/support?

Stockcham      ( Date: 02-Jun-2013 22:49) Posted: Hi Bros! Watch out for these 3 counters. Contel - This counter has been trading in a tight range for quite some time. It has always been a hard counter to play. But the break away from the tight gives some hope. Why does BBs create a gap during matching and then allowing it to melt down again?. You see, more and more peoples are getting tired of this counter. Loss faith in this counter. Last Friday's gap up and melt down is the last straw to dampened peoples hope on this counter. As I said before, when many think this is  an F counter, it  is likely to spring to live. If you notice, it doesn't melt  below 0.087 and have cross 0.086 resistance. There  was also a small gap. This is a good sign. Don't be surprise next week if it is going to test  its high.  I believe tomorrow will not drop below 0.087. I would think 0.087 is a good buy. There are some minor resistance from 0.093 onwards but the main one is 0.103. I believe if it starts to chiong, it will break all minor resistance to test 0.103. I'm going to take the risk this time so buy this so called LJ counter. Lol Declout - This counter suddenly spring to live a few days ago.  Buying  power coming again on Friday.  Strong support at 0.29 and resistance at 0.305. 3 times cannot cross 0.305.  But from last Friday's increase volumn, I believe it shoould cross and stay above 0.305 this week. Dukang  - This is still hot at the moment. The chart have a clear signal of an uptrend. Buying power still strong. 2 times cannot cross 0.555. During the last 2nd  trading session, it touched its support of 0.515 and close 0.53. Last Friday it managed to move up again in a soft market with increase volumn compared the day earlier.  0.53 has become a support.  Even though Dow drop 200 points, I believe this counter will still move up tomorrow even if it open lower than previous close. I declare I have this counter.  Cosmosteel - This is an uptrend counter until profit taking took place last Wed and Thursday. But last friday, it managed to move up to test 0.385 resistance with higher volumn than Thursday. Although it didn't managed to cross it, I believe it should be able to do it this week as I can see that the uptrend is still intact. Support for this counter is at 0.365. Dow has dropped 200 points. I hope I can get it cheaper on Monday at resistance price for the 2 C counters...Contel and Cosmosteel. Good luck all!

 

Think so ... Swing Media the next big mover ?

Machoman      ( Date: 02-Jun-2013 23:24) Posted: This year I guess Swing Media is going to be the next roaring beast. ..  It looks bright for China's domestic demand in green energy ! What say you people ?

 

Thanks bro for the explanation! :)

 

for stoploss, u set the condition, say if last or Ask price is 0.45, i want to   cutloss sell all at 0.44, confirm can happen cos there will be ready buy queue at 0.44 and u selling 1 pip down.

but if not enough buyer for your 300 lots, it will only sell what it can.   it will not sell at 0.3 cos u have set the condition limit at 0.44.

the blumont flushdown is done by BB, when they see buy queue all very low say 10 queues down, one shot they sell to 10 rows.

and it trigger the system stoploss for alot of retailers. so alot of cheap shares got sucked by bb.

 

 

This year I guess Swing Media is going to be the next roaring beast. ..  It looks bright for China's domestic demand in green energy ! What say you people ?

 

Bro, I know there is this stop loss thing but I'm not quite sure how it works.  Can you help to let me know the below  scenario what will happen when stop loss is trigger.

Take for example Dukang. Let say I  set a stop loss at 0.45. Then there is a very bad news coming out suddently  during the trading day and the price drop very fast  and at one point of time  no buyers appear.  Let's say it drop  and hit 0.45. You have 300 lots but  there are only 20 lots at 0.45. The next buy price will be  0.30.  Will the stop loss be triggered and automatically sell at 0.30 for your 280 lots?. I remember Blumont at one time dive a lot and then recover. It is likely due to stop losss triggered.

Huat ah!

   

iluvboost      ( Date: 02-Jun-2013 23:03) Posted: bro, already got the technology to do stop loss, and trailing take profits already, all system command, by adding contingent orders. it can to take profit by a % from last price, and self adjust stop loss as it goes up. useful for those fast breakouts.      Stockcham      ( Date: 02-Jun-2013 23:00) Posted: You know, sometimes when a counter chiong or drop too fast, our fingers are not fast enough to key-in our orders. I hope one day the trading platform will become hgih tech. by introducing Voice Recognition Buy Sell Technology. That is to say we do not need to key-in orders. Take for example if I want to sell 300lots  Dukang at $0.60, I will just need to speak to a speaker/mike....Sell Dukang 300lots at Zero Point Six( which mean $0.60).  Do you think this will happen in the future?. Haha!

 

think if contel flushdown to 75-80, to auto activate pple stoploss+ cause panic selling, this would be a good 'kah kah hoot' buy.

 

 

it says direct, but 18 k lots still more than the total day volume. weird.   the dip on 29 may shd be caused by that.

Fundamentally not good, PE very high. but likely move due to BB action. no 2013 results to compare at the moment.

Stockcham      ( Date: 02-Jun-2013 23:08) Posted: Thanks Bro iluvboost for the info. Btw, SSH sold in the market or another party?. If another party, isn't it a good news?. Counters not moving should have new player.  Good luck bro! :)