Genting Sing
Last:0.715
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Thnks Gaecia, i sold yesterday at .73 but thinking of buying back when it dropped to .72 yesterday but didnt :(
Never mind la, try to recoup my losses slowly.
Gaecia ( Date: 16-Nov-2010 09:11) Posted:
| firewood, u can aim to sell Gar this morning still better than yest aftern ;) |
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All the best!
bladez87 ( Date: 16-Nov-2010 09:26) Posted:
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as of this post, reversal in sight! despite bad news, and tmr holiday somemore, i think around lunch time will profit take. i running at that time. |
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as of this post, reversal in sight! despite bad news, and tmr holiday somemore, i think around lunch time will profit take. i running at that time.
probably will not hit .77 today. if can hit, i will run man.
epliew ( Date: 16-Nov-2010 09:23) Posted:
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sorry daniel,
uncle analysis......
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8,024 buyers..... seems like going back to your level 0.77 ?
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Leinadgnow ( Date: 16-Nov-2010 01:05) Posted:
| k bladez.. balek my previous message.. don't sell yet.. usa and europe doing quite well.. might be bouncing back and seeing a faster bullish reversal then per normal.. just hang in there tight k .. base on usa's performance today... i suggest you set stop loss at 0.7 .. cause if Golden agri don't open up .. and still goes down despite euro and usa doing pretty well tonight.. then it's a goner... no point hanging on... My charting is teching.. but cannot predict that sudden reversal of bullish sentiments .. i'm not a seer.. so please watch for opening of golden agri... and watch how sti goes..
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genting sp back to 2.11
watermelon ( Date: 16-Nov-2010 08:44) Posted:
Gd morning ,everyone ! It's been a roller coaster ride since last week , wonder what ride will today be ?  |
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sorry daniel,
uncle analysis......
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8,024 buyers..... seems like going back to your level 0.77 ?
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Leinadgnow ( Date: 16-Nov-2010 01:05) Posted:
| k bladez.. balek my previous message.. don't sell yet.. usa and europe doing quite well.. might be bouncing back and seeing a faster bullish reversal then per normal.. just hang in there tight k .. base on usa's performance today... i suggest you set stop loss at 0.7 .. cause if Golden agri don't open up .. and still goes down despite euro and usa doing pretty well tonight.. then it's a goner... no point hanging on... My charting is teching.. but cannot predict that sudden reversal of bullish sentiments .. i'm not a seer.. so please watch for opening of golden agri... and watch how sti goes..
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time to watch for exit sign on GAR
STI 3238.54 +1.74 +0.05%
thank you young man !
really, those pricing at 9.2 or 9.0 was my target, but got carried away with genting sp ..... top volume and ocbc is one lot 9 bucks......... retail investor cannot buy many lots....
good to hear from you again!
Leinadgnow ( Date: 15-Nov-2010 19:27) Posted:
please sir .. no need call me master haha just daniel or leinad can already.. cause u guys are really way older then me.. and i just sharing my 2cents. Umm .. ocbc.. cannot buy now.. please dun ka chng itchy go buy and get burn ... still way over bought despite the correction. Long term .. ocbc is valuated at about $10 or so.. if it's market cap is bigger then dbs then u would be talking about $13.50 to $14. Ocbc bk was overbought due to BOS's growth and news on their investing and Q3 result. but for now, i see it coming down .. from 10.26 to 9.5 absolutely no support whatsoever.. super hard fall if it drops... theortically from historical charts, OCBC good price is between 9 - 9.2+ with 9.3 being the 52wk high before the shoot. So ... 9.5 also abit risky.. no indicators developing at all. Good luck
epliew ( Date: 15-Nov-2010 19:14) Posted:
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yes master, i am listening closely !
hey, just another question, I have missed the rise of the ocbc bank, i wanted to buy but u know, cut the story short.... too involved in genting sp....
last friday and today it drop so much ......i wonder how can i read this counter via your method ?
maybe those charts i use are free ones.... it seems to be reasonable when it touches 9.5.....
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firewood, u can aim to sell Gar this morning still better than yest aftern ;)
Is gensp still abit shaky? is the opening considered bullish reversal?
strong buying pressure on GAR. lets see how it goes.
Gar sold at 0.73, finally done with disposing it.
STI opened flat yet again, let's watch its near term support ard 3215 to hold.
For info, Kim Eng's report said support for Golden Agri is 0.715 and GenS 2.07
Gd morning ,everyone ! It's been a roller coaster ride since last week , wonder what ride will today be ?
Wah ok. I added your blog to Favorites! Thanks again for sharing! I'm slowly stocking up again for Q4.
Leinadgnow ( Date: 16-Nov-2010 02:20) Posted:
Gaecia... I don't see the potential for the rising flag formation yet because of the immediate descending triangle (head and shoulders formation) .. Defintely in consolidation mode as volume has drop which is a pre requisite to a rising flag formation. Also, i really don't see it rising yet mate... yup.. defintely the 0.715 is the testing point 2mrw... Breach that and houston we have a problem.. Potential rising flag formation isn't wrong entirely.. but i am more concern about the immediate which is how low can the head and shoulders formation fall get? It hasn't bottom out yet defintely... check 14d stochastics and rsi please... and the closest support is at 0.7 .. however.. good news is that usa did well today .. and on top of that, the fall seems to be easing in terms of steepness.. If you differentiate the curve of the slope using quantitative finance method, the rate of change has dropped and it seems to be easing up, losing momentum... however, as long as it hasn't cross it's MA20 line yet and shown any clear signs, i will remain bearish on this stock till proven otherwise. shooting star on the weekly chart both weeks... might down another week.
I'm going to do a detailed breakdown teching on GAR for you guys... i have to post it to my blog www.diaryofasingaporetrader.blogspot.com as i dunno how to upload the pictures here... and yes.. it's my blog.. i just didn't wanna share that it was me.. cause i was afraid pple wouldn't read it objectively if they figure out it's some 21 yr old kid writing the articles.... but i dun care already .. thanks to ssg for that PM .. it woke me up...
Anyway, okay my opinion on this is strictly my opinion.. don't bank on it and don't rely on it for your hard earn cash .. I really do have a strong gut feeling that GAR will drop abit more before bouncing back.. please watch and wait and look for the signals.. it's not bottoming out yet... still got abit of room for dropping...
Bladez.. i will keep in constant contact with you ... all i can say now is make that decision and make it quick ... only you can make it.. and don't regret any decisions.. you have to formulate a plan fast and stick to it... follow your gut instinct and not hope.. clear your mind of any fear or hope right now and objective look and stare at the charts as you would if you weren't vested.. and then follow that decision because it would most likely to be the most accurate. Think of all the times u made the right decision.. what you did.. and what you felt.. and follow it.
Back to my books at starbucks again.. zzz
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morning all
guess most of us got burn yesterday huh
are you playing contra?
if you're ...you can't wait...
if you aren't playing contra ...it really depends on your required payback period.
in long run...there are chances for it to go up...GAR is one of the hot cake which appears on top 50 volume...it appears on the list now and then...
secondly, i rmb u said u're still studying part-time course(if i rmb correctly)...then if u must calculate if u hold will this sum of money affect ur daily/monthly cash flow? Coz no one can predict whether GAR release Q410 result will go up or not? But u definitely need to pay the course fee/daily expenses.
Lastly, in every day, chances out there ....for many other counters...
bladez87 ( Date: 16-Nov-2010 06:46) Posted:
| actually i can pick up GAR and wait for final year report. why am i so concerned with selling now? is just that quite distracting to see the price below my entry.
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haha... i thought it was pretty obvious you wrote the articles on the blog since you posted the same stuff on the forum also...
Leinadgnow ( Date: 16-Nov-2010 02:20) Posted:
Gaecia... I don't see the potential for the rising flag formation yet because of the immediate descending triangle (head and shoulders formation) .. Defintely in consolidation mode as volume has drop which is a pre requisite to a rising flag formation. Also, i really don't see it rising yet mate... yup.. defintely the 0.715 is the testing point 2mrw... Breach that and houston we have a problem.. Potential rising flag formation isn't wrong entirely.. but i am more concern about the immediate which is how low can the head and shoulders formation fall get? It hasn't bottom out yet defintely... check 14d stochastics and rsi please... and the closest support is at 0.7 .. however.. good news is that usa did well today .. and on top of that, the fall seems to be easing in terms of steepness.. If you differentiate the curve of the slope using quantitative finance method, the rate of change has dropped and it seems to be easing up, losing momentum... however, as long as it hasn't cross it's MA20 line yet and shown any clear signs, i will remain bearish on this stock till proven otherwise. shooting star on the weekly chart both weeks... might down another week.
I'm going to do a detailed breakdown teching on GAR for you guys... i have to post it to my blog www.diaryofasingaporetrader.blogspot.com as i dunno how to upload the pictures here... and yes.. it's my blog.. i just didn't wanna share that it was me.. cause i was afraid pple wouldn't read it objectively if they figure out it's some 21 yr old kid writing the articles.... but i dun care already .. thanks to ssg for that PM .. it woke me up...
Anyway, okay my opinion on this is strictly my opinion.. don't bank on it and don't rely on it for your hard earn cash .. I really do have a strong gut feeling that GAR will drop abit more before bouncing back.. please watch and wait and look for the signals.. it's not bottoming out yet... still got abit of room for dropping...
Bladez.. i will keep in constant contact with you ... all i can say now is make that decision and make it quick ... only you can make it.. and don't regret any decisions.. you have to formulate a plan fast and stick to it... follow your gut instinct and not hope.. clear your mind of any fear or hope right now and objective look and stare at the charts as you would if you weren't vested.. and then follow that decision because it would most likely to be the most accurate. Think of all the times u made the right decision.. what you did.. and what you felt.. and follow it.
Back to my books at starbucks again.. zzz
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actually i can pick up GAR and wait for final year report. why am i so concerned with selling now? is just that quite distracting to see the price below my entry.
