Tat Hong   

Tat Hong Growing to a Global Player

Tat Hong price close to touching its 400day EMA. I notice that when prices touched the 100d and 200d EMAs there were short term rebound for 7-10days. What do the chartists think? Go in in a few days time?

 

You can always rest early after SGX closes. What I do if I have positions or am taking positions in US mkts is sleep after dinner for about 6 to 7 hours and set alarm clock to wake up at 1.00 am.  Then complete the buy or sell of my favourite counters.  I can still go back to sleep after that.  Best is a friday when you can trade at night and rest whole day on Sat if you're on 5 day week.  But frankly, there is no need to trade everyday lah. 

 

oh.. u trade on US mkt as well.. ha.. i wanted to try US mkt though.. but i am tired after monitoring SG mkt for the whole day.. need to give myself a break from PC and mkt.. lolz..

But I do agree US mkt is more dynamic and full of opportunities than SG. Cos' US mkt is too big to be manipulated though its still can be subjected to manipulation by big boys..

 

 

Only for coffee money lah.  You cannot really make much in the Singapore market.  Somewhat rigged by big timers.  Some big shots or state organizations might have a hand I fear. You buy, they slam or block its upward movements. You cannot sell much unless you are really big and can borrow shares substantially,.. but who is really "big" who wants to play this kind of game?

I like the US markets where you can make money in any direction of the market.  I did make on the whole and for most trades. This is because no big guns can block or support the prices, so it is entirely a market direction.  In Singapore it is different - in other words, not a market direction.

 

 

no need thanks la.. u r the one who made that wise decision... good that u made some $$ in such mkt.. kudos!

 

Hi Arbitrager, you really good.  Those who also advised. Thanks. Saved me alot of $$.

 

There was actually a gap 215 to 216 formed on  24 Sep to 25 Sep.

No wonder the price is like stuck here.

 

Thanks Arbitrager for your info.  I will let go now.

 

hi elf.. y dun u go open a cfd a/c?? its good to have 1 more tools with you.

ekekeg, yes its heart pain to mss the high but then its better u get some profit or sit with big paper losses..

something brewing in CHINA. BEWARE!!!

 

DnApeh, sama sama. no cfd = :(

 

Hi friends, Sad to say that I have missed the all time highs.  So selling now will be very heart pain leh.

 

At times like these, I regret being too lazy to get CFD account. Otherwise can trade both ways.

 

wld need to break aug 17 low of 1.75 first tho. foreign funds playing this.

 

By measurement from H&S, TP 1.20

 

FYI ekekg, Citigroup just cut Tat Hong's TP from $4.15 to $3.15 becos of weaker earning outlook.

Wise to take profit when there is still any.. but the choice is urs..

 

erm. ekekg. why didn't you take profit earlier.

would seriously advise you to take profit NOW.

 

ekekeg, what are you waiting for?

Take a look at DJIA.

 

I love this stock as invested around 2.00.  Hope to take profit soon.

 

tech call still holds. now that 2.2 is broken, 2.04-2.07 (the gap pointed out by DnApeh) is the next support. two scenarios: breaking that support, or staging a tech rebound from there. follow daily trend to see which happens.

first resistance is hence 2.3.

note: above for short term only.

mid-term outlook (~1mth) is downtrend.

 

Bad. Head and shoulders already.

May try to close gap at 204-207.