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228 Comments:
GEN: today this stock shot up 26%, I suggest you lock some of your profit and use the money to have a good weekend. Cheer our fans.
Your comments appreciated at :
btc-w2, pro,theco, uv, lvt-w1,cpr,inox.
Thank you very much and have a nice weekend !
pau
pau, my comments:
btc-w2: broke down trend after double bottom. better ask zorro give you some advice.
pro: looks OK, if you try it, set stop at 0.6 or little lower.
theco: It's forming a flag pattern. It could go up or down. better wait and see.
UV: seems in uptrend. use trend like as stop.
lvt-w1: enter with stop at 0.5.
cpr: in consolidation.
inox: looks toppy. If you have it, lock profit.
btc-w2 is still too expensive b&s = 0.16.
btc made a new low, now rebounding a bit, but the weekly chart shows a bearish triangle with horizontal support at 1.50 which was broken slightly last week. does not look very good at the moment.
to scrt4u and zorro :
Thank you very much for your fast reply and good comments !
pau
outlook for gen, nwr, pf,vng
SIAM?
Answers to your questions:
Siam: will move up again. stop at 4.50
NWR: in consolidation. Testing your patience.
PF: chefs have been busy cooking. Wait quietly for the good meal.
VNG: tricky. Be cautious.
What´s your idea about vibha-w1,ptl ,ple ?
pro run nicly today .
Thanks a lot.
pau
pau, vibha-w: flag pattern, better wait and see or ask zorro.
PTL: seems forming a platform. stop at 3.0
PLE: gappep up today. If you enter, set stop at 6.8 - 6.75.
vibha-w1 is not on my tracking list so i can't give any comment but the premium does not look bad.
to scrt4u & zorro :
thank you very much for your comments !
pau
IRP: broke downtrend for a rebounce. Stop at 5.5. Play at your own risk. Good luck.
DISTAR: as zorro predicted, it's warming up again (similar as GEN).
SMM: took out resistance at 1.10. If you like, enter with a stop at 1.10. Good luck.
BLAND: broke up downtrend, next resistance at 0.75.
SCIB: move LPP to 19.90
BNT: seems there is resis around 0.4. Move LPP to 0.38
SC: already up 6% since recommendation on 30 August 06. Move LPP to 10.70.
what is re entry point for gen ?
answer to your question: if you re-enter GEN, set 1.08 as stop. Good luck.
PF: Aha, as we predicted, chefs has been cooking. Now this stock is already up over 15%(2.75-3.25) since our recommendation.
Pau, in answer to your question yestoday, I said PTL is forming a platform, today you see it moved up 5%. If you enter, set 3.0 as stop-out. I recommended PTL and PF as cooking stocks in the snakepit of Seamico, some people didn't believe. Why stocks start to move up now? Because usually it needs 4 months for the major punters to pull up the price and distribute to the retailers.
notaclue, here is my answer (update) to your question:
NWR: still cooking. stop at 0.61
EPCO: resistance at 0.65. you should have exited on 5 September
GSTEEL: cooking, move LPP to 1.02
SCIB: reduce your position if 19.0 breaks.
PF: move LPP to 3.15
THANI: looking broke-out. stop 1.00 if you like to try your luck.
SVOA: There seems some resistance around 1.55. Be cautious.
CFRESH: keep an eye on it.
NCH position been built in NVDR
SVOA: good, it took out the resistance at 1.55. Up 36% since the takeout at 1.25. Move LPP to 1.65.
DCON: looking interesting. STOP 2.48 Good luck.
zorro, what do you think of QH-w3?
It seems cooking?
To your questions above. As for NCH there seems some resis around 1.4-1.5. Be cautious.
As to noble, set your stop at 4.2
qh-w3 will be suspended this month and final exercise is in october.
Thanks zorro for your answer.
GEN: Move LPP to 1.2
GEN: look at its wkly chart and you can see this is a very good stock pick. It seems some resistance around 2.00. Until now this stock has move up more than 135%. I blindly guess it will be go higher. Move LPP to 1.3 or higher. Enjoy.
PF: move LPP to 3.28
GBX: looking interesting. If res at 2 is taken out, get in with a stoploss at 2. Good luck.
PICNI: enter with a stop at 0.37. Play at your own risk. Good luck.
Q-con: move LPP to 2.0
UMI: it's forming a flag pattern. Keep an eye on it. Funds got in in for quite some time. Play at your own risk.
BNT: broke out. Move your LPP to 4.50.
PF: move LPP to 3.35
major builder ITD, CK, STEC looks interesting again, what do you think?
ueda
all the 3 mentioned stocks have made a reversal and should be good to invest in. same goes for the property index.
hopefully the delay of the election will not have a negative influence.
Waht do you think of FANCY ?
FANCY: it will probably have a rebounce if 2.5 can hold.
stocks that should do well this month with stoploss:
picni 0.37, distar 0.75, itd 5.5, ck 7.3, kmc 2.54, ktech 1.64, nwr 0.61
stocks that could be entered with small stop:
tru 3.8-3.9, iec 2.2
Cooking:
dcon, nsm, susco
Any comments on perm,theco,mida ,preb ?
Thank you !
pau
pau, my comments:
PERM: still down. Wait and see.
THECO: seems cooking, stop = 1.36
MIDA: cooking. stop=1.5
PREB: cooking, stop=2
Good luck.
GEN: It's up 160% since our recommendation. Move LPP to 1.45.
PF: It's up 25% since our recommendation. 3.5 is probably a little resis. Move LPP to 3.40. Enjoy. You got this good stock pick free of charge.
To scrt4u : Thank you very much for your appreciated comments !
What about lvt &w1 ?
pau
pau, if you like LVT, set stop at 1.35. As to warrant, please ask zorro who is an expert on warrant playing.
lvt: does not look good from my point of view as the uptrend since june has been broken and lvt is below 15 and 25 day avg. and macd turned negativ.
lvt-w1: chart looks better then lvt, but i don't have figure for volatility to calculate the b&s-value. Playing with different volatility-numbers suggest that the warrant isn't cheap and could be good for st-trading only.
To scrt4u & zorro :
Thank you very much for your comments!
I realy appreciate your contributions to the investors in SET!
pau
How about epco ?
Answer to your qestion:
EPCO is still in the uptrend. Exit if 0.58 breaks.
NWR: this stock finally shot up. It is up 65% since our recommendation. Some people lost money on this stock because they did not cut loss when it's still small. Morgan Stanley is a tough player. If you don't lose, how can MS make money. If MS continues to excercise its muscules, this stock could shoot up to the shy. several fold is possible. Just "blind guess" :) Take it easy. Play at your own risk.
GEN: this is zorro's very good stock pick. It keeps making money for you. UP ove 165%. Move LPP to 1.50. Enjoy!
STEC: Now let look at this stock. It's performed quite well in past several days. Today it seems reaching the resistance area at 5.75-5.80. If it can not take out the res., exit or reduce your position. You have the final say :)
Gold: let look at this stock. It broke out today with good volume. Do you have the couragement to get it? It's up to yourself. If I were you, I would enter with a stop at 6.50 You have the final say :)
Power: looking charming. Do you dare to get in?
GOLD: you see, if you entered this stock after reading my recommendation above, you would have been in about 3% profit now. This is the way to make money on stock market.
zorro cheers for our builders stocks, not bad to gain avg 8% for 2days.
past 2 weeks i bought AH & BFIT too and seems up nicely today, what's res level for them?
ueda
Congrats, ueda.
AH: res seems at 18, and then 25.
BFIT: res probably 11-12.
itd: approaching a downchannel resistance in the weekly chart around 7-8, could be good for profit taking
ck: 10 seems to be a strong resistance
GOLD: it's profit grows today. Move LPP to 7.30.
TPIPL: warming up.
BNT: this stock is already up over 50% (.35 - .53) since our recommendation. Not bad.
BNT: move LPP to .50
GEN: Profit grows to over 180%. Move LPP to 1.60.
pau, if you entered LVT with a stop at 1.35, today you would have been in profit of at least 3%. Attention, 1.5 seems a little res.
SPORT: Did I tell you the chefs has been cooking on this one? Later is better than never. Don't you like to try your luck on this stock? Wait and see the result of my "blind guess".
To ueda - your entry into AH yestoday rewards you today. Move LPP/stop to 14.75
DELTA: interesting. Dare to enter? What could you lose if you set stoploss at 17? Answer is 3%. But if you are right, you make more than that.
SPORT: broke out with volume.
SPORT: now it's up 12% than yestoday. Move LPP to 2.60.
SCIB: broke out. Dare to chase? If you do, use tight stop. Good luck.
thx scrt4u, i sold out already both AH & BFIT at noon then switch to TT&T,LALIN & following your SPORT, still keep builder one
ueda
ueda, it seems you take profit from AH and BFIT a little early, but no one would get brancrupt by taking profit too early. As long as you can make money, day trading is also OK.
I use to keep stocks not longer than 2 wks, anyway still handsome gain rather than bank interest :)
hope I picked a good one too today, thx for your comment!
ueda
target for TPIPL ?
also running is NOBLE. Bought 50,000 at 3.84 but was so dumb to sell at 4.08. Still have 50,000 at 5.00 and another 50,000 bought at 3.38. Should begin to dump or let profits running ?
Thoughts about QH and QH-W3 ?
To gaudente - TPIPL just started boiling. 1st res = 11; 2nd res=12.5; 3rd res = 15; 5th res = 20. I don't know the target.
Don't blame yourself for selling too early. No one will get broke by taking profit too early but just be less richer. The important thing is that you make sure to make money stably.
Let's do some simplemath for your NOBLE:
Buy-1: 50,000 X 4.08 = Baht 204,000 (6% profit = Baht 12,240)
Buy-2: 50,000 X 4.68 = Baht 234,000 (38% profit = Baht 88,920)
Buy-3: 50,000 X 4.68 = Baht 234,000 (7% loss = Baht 16,380)
Total profit = 88920 + 12240 - 16380 = Baht 84,780
Now NOBLE is still in the uptrend channel, but RSI is 80 (over bought) and the price is nearing the previous high. Could it take out the res? Hard to say.
I suggest you deal them seperately:
1)Lock profit of buy-2;
2)Only let buy-3 try the possible run-up. Move LPP to 4.54 for buy-3. If the momentum looks too weak to take out the res at 4.75, cutloss buy-3. It's about 10% loss if you cutloss at 4.5.
Hope helpful to you. Actually you traded very well.
Answer to the question:
QH: it's a safe stock but seens in correction.
QH-w3: I think it's cooking. But zorro said it's dangerous.
qh-w3: only about 6 trading days left before it gets suspended.
the warrant offers a small advantage to te mothershare (currently 4 %), if you are holding qh, you could sell it and buy qh-w3 in order to convert it.
if you want to buy qh, you can buy the warrant instead and convert it.
yours advices look sensed, thanks.
Finally a place for some constructive discussion, without all the crazy dogs of Snakepit...
GOLD: move LPP to 7.2
AMC: broke out. If you chase, use tight stop.
UMI: seems breking out its "flag". Will the Thai Thaweetun fun pull it up? Wait and see.
AMC: wow, after my recommendation, this stock moved from 3.3 to 3.54 (7% up in half day). Move LPP to 3.45
learner, I guess MME broke out. You can enter via several buy-in. Stop = 5.8 or 5.5 (Up to yourself) Good luck.
AMC: profit grows to 11%. Move LPP to 3.5. Enjoy.
zorr, thanks for your answer to QH-w3
AMC: dear AMC trader, you have to glue your eys on the screen. Move LPP to 3.55.
ITV: seems breaking the flag pattern and cooking again. Any news from the court?
AMC: profit grows 16%. Move LPP to 3.70
NSM: broke out. Good move.
AMC: did you lock your profit at 3.70 (its 12% in half day, not bad)?
PTL: move LPP to 3.25
too bad trapped in TT&T -5% today,luckilly re-entry AH @15.1 as this one is getting hot.
what's your updated view on THECO
ueda
ueda, no problem as long as you cut loss while it is still small.
THEC seems broke-out "flag", If you like, get in with a tight stop.
AH: after re-entry, set stop at about 15.4
theco: outbreak of downresistance since february not quite done. tomorrow we will know more. set shows shooting star (set will go down). if theco goes up while set goes down, then i would get in.
ah: lot of upside potential
ASIAN: broke out. STOP=3
PICNI: seems breaking out. Get ready to increase position.
notaclue, NWR: move LPP to 0.73
SUSCO: broken support, RP.
To gaudente - Move LPP to 4.8 for your buy-3 of NOBLE.
YNP: broke out but 7.25 seems a little res.
STEC: seems broking out. Use tight stop if you chase.
PREB: this stock is trying to break out. Get ready to chase if you like.
SPORT: looks like "shooting star". Move you LPP to 2.70.
PF: Profit grows to 44%. Move LPP to 3.8
SCIB: move LPP to 20.5
notaclue, my advice:
NSM: woth holding. stop=0.36
SUSCO: if you bought this stock at .5, you were chasing a stock. When chasing, you should use tight stop. That means you should have exited on 13 September. How could you unload it?
TPIPL: cooking, hold it.
NWR: You just entered it last Friday. You should buy it when it was around 0.62. It's about 30% up. There seems some res around 0.9.
At this stage it is a bit difficult to predict the set movement for a month: 2 shooting stars, a kind of head and shoulder top and the 200 day avg resistance indicate a st or mt-weakness to come but there is a golden cross to support in the area of 695.
nwr: from phillip: Medium-term trend is weak.Good support is 0.72 and resistance is 0.95. No medium-term buy signal exists yet.
As for short-term, trading buy. Resistance 0.83-0.86;support 0.77-0.75;stop 0.74.
nsm: should be worth to hold on for longterm
tpipl is cooking sideways, a breakout could come anytime in any direction
ANY VIEWS ON: SATTEL & IEC? TKS.
Answer to question - SATTEL, IEC and TKS look good. Don't forget set your stoploss.
STEC: move LPP to 6.15
SPORT: move LPP to 2.75
PF: profit grows to 48%. Move LPP to 3.85
THECO: Move LPP to 1.55
sattel: have some concerns: downresistance since july not broken yet, which coincides with the 25 day avg. 1-year chart still shows lower lows
5-year low is now reached, which could be a kind of support, but this will be taken out if sattel closes below 9.1 which is the low it seems to be supported on since 3 weeks.
Can we have your comments on PSL, TTA, Jutha. PSL seems up but volume is weak. Does it mean no resistance ?
LALIN worked well since i bought last wk, need help on resist level & KCE might shoot up?
I sold out your SPORT with 10%gain, good choice & wait for re-entry
ueda
ueda, Resist level seems at 5.50. RSI is nearing 80. Move LPP to 4.9 or a little higher.
KCE: Res seems around 3.5
SPORT: Move LPP to 2.85 or higher.
Now you believ sport was cooking when it was about 2.4 :)
Answers to your questions:
PSL: res seems around 47.50 - 49 Week volume means the punter has not distributed completely if the price is still up.
TTA: 28 seems res. Move your LPP to 27.50. If it can not take out the res. lock your profit or reduce positon.
JUTHA: looks no charming. Forget it.
What do you think of BCP and TT&T ? Both plunged deep, bought 50,000 TT&T today at 1.87 and I wonder if it is worth buying 10,000 BCP at 9.50.
Btw I sold 50,000 NOBLE at 4.78 and still have the other 50,000 , hoping they get past 5 baht.
gaudente, my comments:
BCP is a falling knife now. Avoid it becos still in downtrend.
TT&T: wait until it goes levelly. Set tight stop for your 50,000 TT&T.
NOBLE: res seems at 5.5
PF: profit grows 52%. Move LPP to 4.0 or a little higher.
TRU: looks charming.
TMB: it's warming up.
DE: This is a very good stock pick. It's up over 210% since our recommendation. Move LPP to 1.1
TRUE: move LPP to 10.2
speculate to re-enter SPORT & YNP @ closing price,any view for the last one, thx to both of u
ueda
ueda, set SPORT stop at 2.8
Set YNP stop at 6.8
i hope SET won't much affected from crisis tnite
To avoid panic selloff, SET is closed today.
To all posters :
What are your comments about SET once it opens tomorrow ?
I believe there will be a steep dive for a short period but,as 9/11 and others thaught us a strong recovery will follow soon .
The question is should we sell heavily at the opening or not or should we " dive " through ,and which groups of stocks in particular are at risk to lose the most ?
The Baht took a very heavy beating today by the financial markets !
Thanks
pau
baht took a heavy beating? it is down at 37.7 versus 37.2 (averge of last week). i don't expext the market to drop much (3-5% max), unless things develop more negativly than they are now. taksins stock will take the beating. i would not sell at the opening, rather see if the market stabilizes and buy for lt.
The Snakepit of Seamico is closed because of the political sensativeness. As far as I know, thailand will be stablized in a short period of time. The reasons are:
It is said that this coup is supported or at least silently granted by the king of Thailand.
In thailand the king is the most respected by all the parties and thai people. Even Taksin's supporters have to make a choice between Taksin and the King. And you know their choice.
Thai people believes in Buddism which advocates peace.
The economy has to move no matter who will be the next PM of Thailand.
Foreign investors keeps buying and they have very strong influence to the fluctuation of SET.
My advice is "take this coup easy". It will be over quickly. Life in Thailand will be back to the normal track shortly. No need to panicly sell. If you have money, buy more (Note: do it at your own risk). Those people who invested heavily after the "11 September attack" made big profit.
I seldom talk about politics on stock market forums, this is an exception because of the special crisis.
Only my "blind guess". Please decide to buy or sell yourself. Good luck.
Tody (21 Sept.) foreign invester bought more than sold. Those sold will probably buy back expensively. Lookd at the statistics today:
Retail
bought: 16,759.24
Sold: 21,362.94
Net: -4,603.70
Foreign
Bought: 22,942.70
Sold: 15,550.72
Net: 7,391.98
Insti.
Bought: 3,382.08
Sold: 6,170.36
Net: -2,788.28
What stocks look good to buy at this stage? and what happens to stocks like IEC and SATTEL?
I think SET still violated & foresee good time to enter around 680.
What about those big bankers ie BBL, SCB, KBANK, price keep rising recently
gen is being beaten to death . Your comments ?
foreigners are checking the Sell strength this morning and will heavily buy up a little bit to make SET close in minor negative this afternoon. Hope for the best
the coup is supported by HM the King, TV televised the moment the Head of Coup received HM's Royal Command just a moment ago
FORTH: this stock keeps going up. If you buy it, set stoploss at 5.75. Good luck.
GEN: seems gameover. You should have locked your profit on 15 September 06. Now the punter will reset it to the bottom again.
Bank like BBL, SCB, KBANK are the safest stock on the market. Use tight lock-profit.
TMB: This stock has been cooking for some time. Now the power is in the hands of the military. Probably this stock will have a rally. Play at your own risk because of the crisis.
Now the real sell off starts
Everyone was in a state of shock yesterday. But today reality starts to set in. Also large funds push the market down and create new entry levels
Everyone wants to be cash rich over the weekend in case of an unexpected change in the situation.
what a bloodbaht today....STECON,ITD and property stocks down a lot.Seems military don't like infrastuctures...probably because tanks don't need roads !
Bought 20,000 STECON at 4.16 but I am losing HUGE AMOUNT on my portfolio as a whole.
just bought also another 50,000 TT&T at 1.60 ....hope I will not regret it :-( ....can't believe how much it's down in 1 week !
and now also 10,000 TPIPL at 9.30.
Quite strange the market is down 2% with half the volume of yesterday.
Quite creepy Seamico continues to keep the Snakepit closed....
Investors must be patient about rumours after the Coup, this is an usual event, the best is to prevent these rumours is best. Today rumour has it that Thaksin's relatives have sell off all gambling stocks such as EMC, IEC, BNT, .... etc. Hope the rumours will be lessened next week and once we have the new Premier around end next week.
S&P and Moodys now agree NOT to downgrade but keep "Closely Watch" instead.
Don't forget also some fundamentals, Fed also keep interest rate on "Hold" and we expect lower interest rate in the coming quarters, esp., from the B.O.T.
I talked to the poeple in BK, Thailand. It is very peaceful in the contry. It is as if nothing happened.
As I have said, rumour is rumour, Foreigners are net buyers again today and it turns out that the only group making "Net Sell" is the domestic institute when retailers are also net buyers.
There is nothing now as the Coup is under His Majesty's Acceptance and no one could resist. The problem is from some bad guys who love to produce rumours and you should be cautious as rumour will negatively affect the stocks with less fundamentals.
Let's talk about stocks otherwise this blog wl be closed down again like Snakepit
set:rebounded 2 times from the support line (june 2006) but broke the head and shoulder support at 683. target is now 650 which is also a strong up-channel since 2004. would be good to get fully invested at this target.
until then only st-trading is advised
I think right now foreigners are moving some funds to Banks and Property stocks, Energy stocks may move nowhere until Feb. 07
MME: did I tell you this stock look interesting? Today it is boiling. If you try it, set your tight stop. Good luck.
WIN: speculative opportunity. stop 1
yeah yeah scrt4u you're the best :p
I look to enter TTA but the BDI index falls heavily again today indicating that there will be more falls in the next few days, ENERGY also down, same as zinc price. I think there is nothing to invest now except BANKS and PROPERTY as well as BROKER STOCKs. I am now looking for some PROPERTY stocks, scrt4u can you suggest some good T.A. property stocks for us.
Shizuoka
You can try hospital stocks
BGH (recommended by many analysts, I am not sure), also medium banks KK,
Property: AP, SIRI, LPN, SPALI, CPN
Brokers: ASP, KEST
To Shizuoka, we recommended TTA when it was only 18.5 on 20-21 March 2006. Actually you don't need to follow the BDI index and also make profit on TTA.
If you ask my opinion on property, I still recommend NWR and ITD. ITD is one of the most fundamentally sound stock on SET. NWR is ITD's "relative". Fundamentally it is good. Technically it is at its historic low. Cooking for almost two years. Think about it. It is now only Baht 0.64 (about USD0.01), dirt cheap!!! It could fly up as high as several folds, say up 400% - 600% if the BIGhands keep punting it. But this is only my "blind guess". Judge by yourself.
BGH: when this stock was only about 10, I advised Laserjet to enter and focus it. Not probably too late. When many brokers recommend it, you should be careful. Why didn't brokers persuade you to buy when it was below 10?
right now it should fly above 30 for BGH the same things when you advised at 10 baht. BGH has expanded several times not only in Bangkok but with many subsidiaries in up-countries.
early this morning sold my 20,000 Stecon at 4.66 . At least this small profit is cashed in....
gaudente, congrats. "many little make a michael".
Shizuoka, you see NWR gapped up today.
I think QH could be a good bet for a few satangs up. Probably the management will push up price to have all W3 subscribed. I already own 300,000 QH paid 1.28 long time ago and 1,000,000 W3 paid 0.06 to subscribe so I am not going to buy further, but could be a good idea for you.
gaudente, connect all the lows between 20.06.2006 - 22.09.2006 and draw a parallel line above, you can see an uptrend channel. Now QH is just rebouncing from the lower line.
remember what I told you yesterday about AP
others will follow
Thanks for your recommendation.
TTA is facing big trouble as BDI plunges heavily below its exponential line. Every time when the index line falls under this exponential average, it means share price will plunges. Perhaps next support is 23 baht.
Yes, TTA seems lacking momentum.
MPT: interesting again.
PRECHA: Did I tell you this stock has been cooking? If you try, set stop at 2.00
RRC: seems rebouncing. Stop 18.5 Good luck.
PICNI: warming up.
BMCL: Is this a new stock, zorro? This stock broke out res of 1.29. If you chase, set stop at 1.29. Good luck.
bmcl: new stock, ipo-price 1.31
Happy to be able to log in again in "discussion of other stocks no 9 " as this link was blocked in the LoSM and all comments deleted from 11th sept up !
pau
pau, no comments were deleted from 11th Sept up. Every comment is still here.
pau, can't you visit this blog from www.thaistocktips.blogspot.com ?
Can you load www.blogger.com. If not use Google or Yahoo to search " thai stock blog " and you can find us.
pls recommend some active stocks, it seems market is dead and moving nowhere
I think it is temperaly closed by Seamico itself.
Answer to your question. Maybe SC is active.
EWC: maybe this is active. Stop = 6.50
MPT: sooner or later, this stock will fly. Be patient and accumulate when it is low.
Distar: could be a fly. Remember GEN? Blind guss :)
to scrt4u :comments from 11th sep. up were definitely " not there " as I logged in several times.I could see all of them from 27th on!
I diddn´t have any problem to log in in the blog but as I said there were no comments from 11th 9 on.
Anyhow now back to "normal " as some groups try to push SET down !?
What about sthai and w1,sattel,bay-w1,cpf ?
Thanks
pau
pau, my guess:
SITHAI: some res around 8.
SATTEL: Probably some chance to get quick money.
BAY-w1: ask for zorro's advice
CPF: interesting. Use tight stop.
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