
am quite reluctant to dispose of this counter as I had bought when near its peak
no choice lah, gotta wait till the sun rise the west, hehe
When this counter drops more than 10% in a single trading day (May 23), many traders closed their long positions and go the opposite (therefore going shorts to cover their earlier losses).
I bought this at 2.04 the same week that trading halted on May 20 for IPO news announcement and decided to cut loss at 1.8x (with a 10% loss in 1 single day for this blue chip counter).
At present, I still have another 5% losses after shorting this from 1.80. 
It will takes sometime for confidence to come back.
1.50 seems like a good entry price to go long again for me. 
:p 
 
jcho1962 ( Date: 30-May-2011 16:48) Posted:
|
another disappointing close @ @1.65
better not be like my other counter idt hldgs from $2.40 to penny stock

just don't get it why the selling down of this counter
indofood agri 1q11 earnings came in at IDR514.3b (+66% YoY) which is above research houses' expectation

lucky cut 1.71,  better don't play news driven stock.
Another, " LIQUID BUT NO MEAT" counter!
rotijai ( Date: 30-May-2011 16:32) Posted:
|
164 gone case d lo
Isolator ( Date: 30-May-2011 16:25) Posted:
|
So fast need to cut... lol
If 1.64 cannot hold, then you may see lower
Below 1.55 Buy
Don't just wait to long at 1.50.
Sell it down to 1.50 and collect the $ first.
:p 
Waiting at 150.
1.65 can buy again....
Continue to Lau Sai. Wonder when will it stop?????

{2} i'm viewing this hammer machaim a full body as 1.64 is very critical
also treating narrow trading day as like a doji...bend rule a bit la
{3} google found falling flag in rising/falling trend = bullish
anyway nice ta talk
dealer0168 ( Date: 27-May-2011 23:16) Posted:
|
Item 1 than i don't explain since u say easy.
Item 2, yesterday formed sign is not bulish harami cross pattern lah. Bullish Harami Cross Pattern is a doji preceded by a long black real body.
Item 3,  can u elaborate more....don't get what u trying to ask.
broadfeet ( Date: 27-May-2011 23:08) Posted:
|
i'm confuse here hope you can help me on {3}
1. inverted hammer...this is easy
2. bullish harami pattern like...if ignore yesterday candle
3. falling flag for uptrend stock = bullish, but
indo downtrend...how to interpret this falling flag?
1. inverted hammer...this is easy
2. bullish harami pattern like...if ignore yesterday candle
3. falling flag for uptrend stock = bullish, but
indo downtrend...how to interpret this falling flag?
dealer0168 ( Date: 27-May-2011 22:53) Posted:
|
So u spot that too. GOOD
broadfeet ( Date: 27-May-2011 22:43) Posted:
|
If can reach there, is a good buy.
Btw today Indoagri formed a inverted hammer.
We will know if it is on Monday:
Will confirm  in the form of the next day opening above the inverted hammer’s real body. The larger the gap the stronger the confirmation will be. A white candlestick with higher prices can also be another form of confirmation.
broadfeet ( Date: 27-May-2011 22:41) Posted:
|