Stocks discussion No.2 - 2008
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175 Comments:
Welcome! Please publish your stock picks, question here.
PREB: pau drew my attention to this stock. I noticed that it's forming a double/triple bottom. It seems 1.10 work as a horizontal support. Recoommendation: buy with stop a 1.10
Good luck.
To pau,
NCH: what's the meaning of simple 25 days moving average line? It means the average cost of the share holders in the past 25 days or 5 weeks (26 Dec.07 - 1 Feb.08). Usually when the price crossed up 3 days moving agerage, you have short-term earning opportunity. It's advisable to use moving average flexibly. 25 days and 75 days moving can not guarantee the stock will go up. I think the bighands tested the selling pressure on 1 Feb.08. Its RSI is moving up. Its stochastics is also going up. Its MACD is quietly up.
You can 1/3 buy so that you can average down if it corrects.
----------------------------
TT&T: It's been smashed by the bighands to so low. Could it be lower than 0.68? I blindly guess its possibility is quite low. Chase with acceptable loss. Good luck.
asl: It's better to get in on 31 Jan.08. Now a little bit late to get in. but you can use 1/3 planned budget to chase with tight stop or get in after its pullback.
GBX: It's better to get in on 31 Jan. 2008. How could I know it? I noticed the micro "triple bottom", namely the 3 lows on 22, 24 and 28 of Jan 08. The lows kept moving up on 29 and 30 Jan.08. If I were you, I would have jumped in on 31 Jan.08.
Do whatever others dare not do. Do the opposite against the majority. You will sit together with the bighands (in the trend) and make money stably.
Tend is the core, tech indicators are only supporting tools.
Hope helpful to you.
scrt4u thank u for your comments and education about mva.
pau
to pau,
nch: you could try it with 25 avg as stop
tt&t: i suggested on 17.1. to buy when it reaches the october downchannel support which happened a week later, now it is at the channel resistance or a bit above so it is not clear whether the downtrend is over, tomorrow it should be more obvious. my guess is that it should go further up to the major horizontal resistance at 1.
asl: 25 avg seems to be less important, the current rebound might stalll in the area of 0.85 - 0.9 (downres. since july) and then it should fall again.
gbx: not sure what to make out of this chart
scrt4u your latest view with HMPRO, PLE & SSI thx
ueda
zorro thank you
pau
I think BLISS is the next LIVE
scrt4u,zorro what about preb,umi,bgt,tks-w1,spali-w3?
Thanks
pau
To ueda,
HMPRO: The exchange hand rate last trading day is relatively low compared with its price. I blindly guess the bighands will continue to pull it up. Move LPP to 4.75.
Enjoy!
PLE: last trading's volume was relatively huge. Today it continues to go up. Looks OK. Move LPP to 5.20
SSI: It has been moving up by "small steps" which is to limit the day tradering margin profit. IT can go up to probably 0.88
BLISS: Raise LPP to 15.80 Enjoy!
PREB: I recommended to buy in my first 2nd post under this thread.
UMI: seems in up trend, chase with stop at 0.70
BGT: It's still in up trend. Move LPP/stop to 3.10
tks-w1: Please ask advice from zorro
spali-w3: please ask advice from zorro. I blingly guess it's up.
DTAC: raise LPP to 45.50 Enjoy!
SMC: interesting. Buy with 10 days moving average as stop. Good luck.
NWR: seems meeting previous resistance, reduce your position today.
UNIQ: gapped up alot today. Raise LPP to 3.40 Enjoy!
BBL: if you have BBL, raise LPP to 120. Enjoy!
NSM: raise LPP to 0.23.
GSTEEL: keeps moving up quite well. Raise LPP to 0.72 Enjoy!
IEC: It's forming a "cup with handle" pattern. Raise LPP to 1.32 or higher Enjoy!
LH: Gapped up today and last trading day. Really masterpiece by highands. Seems some resistance around 8.25. If it can not take it out tomorrow, reduce your position. Enjoy!
RICH: Wow, It's up over 650% since our call on 8 May 2007. Crazy!? Raise LPP to 14.30 if you still hold it.
TMT: this stock is in an up trend but liquidity is not so good. Use small position to play it if you like. Good luck.
thx scrt4u, seems ITD, CK or STEC are much better than PLE tdy while still hold a big portion HMPRO for MTerm
bought a bit FNS & SSI tdy
ueda
To ueda,
ITD: seems resistancer areound 9.10. After twice gapp-ups, it's showing you a "hanging sword". Probably it needs a rest before further moving.
CK: It gapped up alot today. Some profit was taken today. If it can not hold above 8.50, stop out. Next resistance around 9.50. If my memory is correct, I called this stock.
STEC: seems a little tired to sustain the momentum. It seems needing some correction.
HMPRO: Raise LPP to 4.80 or higher.
tks-w1: expensive, b&s around 0.38 only.
spali-w3: is cheap and trades around the b&s value but watch the chart: there is a falling resistance since july and a former horizontal support in the area of 2 which need to be cleared for a couple of days.
scrt4u,zorro thanks for comments,what about bsec,distar?
pau
bsec: former horizontal support around 3.5 and the falling resistance since october in the same area need to be overcome, a bit dangerous to jump in now, especially if it closes back below the 25 avg.
distar: still in the 1 year downchannel, support at around 0.37 which would be a buy.
BSEC: It needs a pullback.
Distar: Long uppger handle, not good.
N-PARK: Raise LPP to 0.37
PRECHA: take profit today.
EMC: Raise LPP to 5.50 Enjoy!
NSM: Raise LPP to 0.23
AH: quietly moving up. Raise LPP to 10.50 Enjoy! :)
DTAC: reduce position today.
BLISS: reduce position today.
This comment has been removed by the author.
What is your latest view on BLISS, N-PARK, SYNTEC and JAS if I decided to enter any of them tomorrow?
Thanks in advance.
guys also need your advice on EVER & TYONG thx!
zorro,scrt4u thanks for your comments.
What about iec hold or sell ?
patkl?
pau
bliss: my chart is not corrected for the new price so i can't give comments.
n-park: seamico techie gave res. of 0.45-0.5, difficult to say with the large drop in the dow whether it is worth to enter on a dip today or if it is game over. one support should be around 0.3 and then around 0.21.
jas: nearly reached the 25 avg which is always an important resistance after a stock recovered from a bigger drop, better wait for another drop and a couple of days sideway trading before entering.
ever: not interesting at the moment.
tyong: chart not so clear, i would wait to enter below 0.8
iec: i would hold, good chance it will go up to 1.8 again, but might fall as low as 1.3
patkl: downresistance since october nearly reached, at 25 avg now which is another obstacle, could reach a new low, buy if breaks 1.5 on closing.
n-park: Tomorrow is XR day 2:1@0.05
So there can be a drop tomorrow.
To andreas and seizhin:
N-PARK: take your profit or reduce position considerably.
BLISS: reduce position
JAS: Raise LPP/stop to 0.29
EVER: now it is in correction.
TYONG: the very long handle of the hammer on 22 Jan. 2008 probably implied that the bighands will do something. Wait for good price to enter.
IEC: moving up well, but seems influenced by the drop of SET today. Raise LPP to 1.45.
PATKL: Wait for the correction finishes.
BGH: interesting. Buy with stop at 28. Good luck.
To ueda,
SSI: small steps up, all green candlesticks; but today it seems losing a little momentum, probably because of the SET down. Be cautious tomorrow, if it make no new high, reduce your position.
thx scrt4u for advice, will keep on eye that one tomrw
btw after read above i bought a bit IEC & also EVER @closing prie...for FUN only :)
Kung Hei Fat Choi everyone!
ueda
This comment has been removed by the author.
Thanks for the advise.
N-PARK's was indeed a dangerous entry today.
Not forgetting to greet everyone Happy Chinese New Year as well!
I appreciate your help throughout the years. :)
zorro and scrt4u thanks for your comments,I still hold iec,what about preb,nncl and w1?
pau
preb: still ok, made a double bottom, broke 25 avg and reached 75 avg, now back at 25 avg which is stop. if you don't own it, this is an oportunity with a small stoploss.
nncl: i would not buy but if you are holding use 1.95 as stop (sideways channel since september which was broken in january but could climb back in).
nncl-w1: might be in a st downwave again
zorro, your view on INET & MDX thx
ueda
inet: if it closes above 1.35 it would be a buy.
mdx: try with a tight stop, but at the moment it looks still weak.
Asimar: It shot up finally. Raise LPP to 1.10.
SSI: good. It's making new high. Raise LPP to 0.82
missed the call on SECC-W1
holy shit
INET: it rebounced after touching 10 days moving average line which could be used as your stop for chasing it. Good luck.
MDX: Chase with tight stop and small position.
Rich: XR 1:1@2 on Monday, 11. February.
Could drop on Monday.
TGCI: gapped up alot today. Raise LPP to 1.04
KMC: take some of your profit today because it's now meeting resistance around 0.80 - 0.85
UMI: take some of your profit today because it's losing momentum after big hands exchange.
TGCI: raise LPP to 1.09 Enjoy!
PSAP: moving up quite well. Raise LPP to 1.35 Enjoy!
SECC: Use tight LPP to lock your pofit. Enjoy!
ZMICO: did you notice that the SET trade volume has been big for some time. The more trading, the more profit stock brokers will profit.
this stock looks interesting. Enter with stop 2.88 Good luck.
scrt4u cheers for SSI!
gave up some HMPRO & switch to MDX
ueda
btw i'm also watching AI & GOLD, hope still hv time to enter & make money
ueda
To ueda,
SSI: now you are advised to consider to take some of your profit or use TIGHT LPP. Enjoy!
AI: seems finished pullback. You may chase with stop at 5.25 or higher. Good luck.
GOLD: Too big volume in yestoday. If chase, use very tight stop.
MDX: good stock pick. Good luck, ueda.
STEC: After about 50% pullback, it will probably shot moving up again. Keep an eye on it. If it move, jump on it with tight stop.
SMC: Aha, another good stock pick. We called this stock on 4 Feb. You have time to load on 5 and 6 Feb.2008. If you did, you had a good chase. It seems going up again. Raise LPP/stop to 1.25. Enjoy! :)
---------- Background ---------
scrt4u said...
SMC: interesting. Buy with 10 days moving average as stop. Good luck.
Monday, February 04, 2008 4:23:00 PM
ZMICO: last call. Don't say I did not tell you. Good luck.
ZMICO: Look at KEST, KGI and you will be sure ZMICO will follow. :)
GSTEEL: Raise LPP to 0.73 Enjoy!
NSM: raise LPP to 0.24
TUF: This stock seems making a reversal. If it can hold above 20.25, chase it with stop at 20 Good luck.
Where can you get so many good stock pick for free? At least the so-called stock experts charge you hundred bucks for rubish!?They often give offer you the entry point when the rally almost finishes or half way up already. But we here give you the lauching point, the cost is almost the same. as the bighands.
Today is Chinese New Year! So I have given you so many stock picks. Enjoy!
SECC-W1: wow, raise LPP to 2.50 or higher. Enjoy!
ZMICO: good entry. Raise LPP/stop to 2.95
NEP: moving up quite well. If you chase it, set stop at 0.41 Good luck.
PERM: Raise LPP to 0.99 Enjoy!
SECC: Raise LPP to 4.35. Enjoy!
BGH: seems formed a double bottom, and ready to launch a rally. Good luck.
AMC: rebouncing. If chase, stop tight. Good luck.
SAM: wow, shot up to the ceiling today. Are you happy now?
SAM: use tight LPP to lock your profit.
scrt4u,zorro ,yes i´m happy with sam-w1 and also csp-w1,but it was a little nervewrecking!
What about patkl,iec,pe,raimon,
cig-w1,de-w1,star-w,tks-w1 and i like uv-w1 ?
Too much for weekend ?Have a nice one!
Thanks
pau
Decided to enter ZMICO after 4 calls from scrt.
Let's see how far it can go next week. :)
Thank you for the call.
Which one will follow SECC & SAM nextwk? possible TT&T, BROOK or MIDA?
To seizhin,
ZMICO: Raise LPP/stop to 3.00
PATKL: stand above 10 days moving average, took out 25 days moving average, but big volume, so there will be a small correction or consolidation. Resistance around 1.70.
IEC: now in correction. Let it show you the turning point. Probably 10 days moving average or 50% pullback. Let it show you. Don't guess.
PE: You should chase it on 7 Feb. 08 which was the turning point. Now you can still chase (1/3 planned budget) it and average down if neccessary.
RAIMON: You should have chased it on 6 Feb. 08 when it took out the previous day's high. Now distribution. Wait for good price to enter.
As to the warrants, please wait for zorro's advice.
cig-w1: could be worth a try with using the slightly uptrending support line since october as a stop. b&s value around 2 and is in the middle range
de-w1: new warrant which i don't follow but looks ok for the valuation and seems to have a support at 0.34 which could be used as stop, but the mother share seems to have some downside and might pull the warrant along.
star-w: has a b&s of 0.06 only due to the low volatility. the chart of the warrant seems to make a reversal but the overall downtrend is not broken yet. breaking 0.5 is very important and would be bullish (=75 avg, downresistance in 1 year chart and horizontal res.). it is possible that this warrant will be ramped up same as csp-w1.
tks-w1: january uptrend still intact but might lose momentum as the volume is weak, with a b&s value of 0.4 on the expensive side of all warrants
uv-w1: october downchannel seems to be broken, b&s at 0.67 in the middle range, should be worth a try.
tt&t: looks good, use 25 avg as lpp/stop, sell near 1.
brook: also worth but watch out for the 75 avg as resistance.
mida: double bottom reversal, i think we can see 1.3 in mt (40-50% upside).
HEMRAJ: Good opportunity??
Thanks,
Kris
zorro and scrt4u thank you for working so hard during weekend !
pau
zorro what's the resis of SAM, is it worth to jump in?? Concern will fall back to 1.5++ after hit 2
btw sold SSI & accu MDX again..let see
ueda
hemraj: on a long downwave, wait for 0.9 to buy.
sam: support should be the 25 avg, resistance 75 avg., will it continue the run today or have a correction? don't know.
hi everyone i saw EWC graph is quite similar w/ EVER for last 6mths, does it mean anything to you?
sam
shtt i expect RS could hit ceiling, bought 3.36 but cut off at 3.18!!
Scrt4u refer above, what's your view on RS?is it ok to enter tomrw?also SMIT & CEI pls thx!
btw your call NEP & mine AI also good right :)
ueda
To ueda,
SAM: resistance is probably around 2.10.
EWC: finished about 0.618 pullback. Now shot up with volume. If you chase, stop tight. Good luck.
RS: support around 3.00.
HEMRAJ: wait for it to show you the turning point.
To ueda,
RS: I suggested you to enter RS when I bought some at 2.66. You did not follow. If you had followed, you would have taken 27% profit today as I took my profit.
Now look at the long handle of the hammer and the relatively big volume. I do not suggest you to chase it now. If you chase, use small position and tight stop.
SMIT: look at the long handle of the hammer, I would not chase.
CEI: Now it seems choosing a direction: up or down. Keep an close eye on it. If it show you an intention to go up, jump on it. Otherwise, wait for it finish pullback.
NEP: raise LPP to 0.48 or higher. Enjoy!
SAM: Raise LPP to 1.78
SIMAT: It's going up by "small steps" which is used to keep away the short-term day traders.
JTS: If you have this stock, raise LPP to 1.65 or higher.
ever versus ewc: yes, the charts look similar but the moving averages are different: ewc has the 75 avg as an important milestone while ever doesn't.
will ever follow ewc? possible, one could try.
TMB: preparing a move-up.
yea scrt4u, i missed RS but luckilly i didn't buy it this morning...most likely wl close at your support level 3baht
btw bought a bit BGH & TMB tdy
ueda
SECC: raise LPP to 5 or higher. Enjoy! :)
To ueda,
BGH: I think I called it when it was 29 as it showed a double-bottom. You could have bought it then.
AI and TRC are still a good buy for anyone interested in stocks with strong fundamentals and good growth prospects. :-)
The Watcher
To The Watcher
I strongly agree on TRC but do not follow AI. Why do you think it has good prospects?
I woner what the technical boys think?
Peter C
To The Watcher and Peter C,
AI: Now it's struggling to take out the resistance around 6.45 after 2 gap-ups.
TRC: It's already up over 100% since a year ago. Now still in uptrend. If you chase, set acceptable loss stop.
SC: connect the highs since 28/12/2008 and you can get a downtrend upper line. Today the price took out this resistance line. If you chase, stop tight. good luck.
hmm HMPRO & MDX moved quite well tdy, hope tomrw will keep raising :)
scrt4u need latest view TOG, VNT, & VNG, sorry for asking too much
ueda
To ueda,
TOG: Today it showed strong trend with relatively big volume. Now stand above 10,25 and 75 days moving averages. Probably resistance around 4. If you chase, use 75 DMA as stop.
VNT: If you asked me yestoday, I would suggest you to chase. Today it just sealed the gap 21-21 Jan.2008. If you chase, stop tight.
VNG: Chase it with stop at 3.64.
Good luck.
To Peter C,
AI's biodiesel business is zooming upwards with the new mandate for the oil company's to add from 1.5 to 5% of B100 into diesel. The King has also urged Thai motorists to use alternative energy.
Secondly it's core insulator business is has jst completed a 30% capacity expansion.
Thirdly it's dividend is over 10% at 5.05 Bht stock price and will go up to 14% making it an attractive stock to hold in one's portfolio for baby boomers getting ready to retire soon.
Unfortunately I was unable to pick up enough shares for my port as not many were wanting to sell when the price recently hit bottom.
The stock is now taking a breather after a quick runup so I hope to be able to pickup more.
Information taken from the web site of Seamico.
The Watcher
To The Watcher,
Thanks for your informative post.
ZMICO: Raise LPP to 3.18. Enjoy! :)
NEP: raise LPP to 0.52. Enjoy!:)
Thanks for the call on ZMICO.
Nice run today :)
Though since I had problem and couldnt sell it, I'm still waiting to look further to it tomorrow.
Big sell off in Sia Song's stocks LIVE, BLISS IEC etc. Looks like SET is planning some kind of follow through from calling the 8 brokers in last week. The way they handled Taiwan syndicates in 2003 was to block their orders. Maybe same or similar planned here.
no picks today -- anybody?
set just broke the uptrend line since 24 of january, so there might be more downside during the coming days, but you could try to buy sam which should have support at the 25 avg at 1.54.
scrt4u your view on MBAX, AJ & NCH pls thx
ueda
Bought BLISS near it's low today.
Any advise on BLISS scrt & zorro?
Thanks in advance.
Sometimes we need to learn how to take a good rest. It's not neccessary to trade every. Even you are a day trader, you still have to find the surest stock the timing to profit.
To ueda,
MBAX: Buy with stop at 3.0 Good luck.
AJ: now in correction. Wait for its pullback or the end of cosolidation.
NCH: has not broken the downtrend channel, but seems trying to reverse? Not sure.
----------------
To seizhin,
BLISS: it has not showed you the turning point yet. RSI is still down.
ASIMAR: we told you it's cooking. Today it made the 2nd shot-up. Now raise LPP to 1.25 or higher. Enjoy!:)
TFI, coming off a multi year low and product price in a new upcycle. Still limit up in the afternoon suggest that the 30% jump could follow through.
SICCO: raise LPP to 4.35 Enjoy!:)
AJ: If you have this stock, raise LPP to 2.95
To seizhin,
ZMICO: Good move-up today. Now raise LPP to 3.32. Enjoy! :)
NEP: it's meeting the previous high resistance at 0.60. Suggest reduce your position.
Thank you for the call on ZMICO :)
It sure was worth waiting.
is SAM still worth chasing?
sam: still worth to enter, use 25 avg or rising support since end of january as stop.
TPIPL: It's been quietly climbing up. Did we call it? Yes. Now raise LPP to 6.95
TFI: Raise LPP to 1.70
TGCI: Raise LPP 1.15
GEN: Raise LPP to 1.63
wow many stocks shoot up! manage to take profit fr KCE, ASCON & YNP trading tdy yummy!
btw your view on ILINK & DCC thx!
ueda
To ueda,
Congrats on your profit.
ILINK: In up trend. It seems resistance around 7.75. If you chase, use small pisition and tight stop. Good luck.
DCC: It's going to challenge resistance around16.30. Wait and see.
ASCON: Raise LPP to 6.70
KCE: Good to take profit today. If you still have small position, raise LPP to 3.70. Enjoy!
RS: re-enter with stop at 2.75 Good luck.
NEP: Raise LPP to 0.58
I also entered RS 2.76 & SAM 1.65
sam
To sam,
Appreciate your braveness. You have to use tight stop except you still have a lot of money to average down several times. Good luck.
zorro any picks to buy on weakness market?
bought patkl yesterday, the only stock i am holding now.
will check the charts tomorrow (holiday) if there is something interesting.
DE: SET is weakening but this stock is up.
bland: good support at 0.7, buy on weakness for lt.
btc: could be making a reverse head & shoulder, buy on weakness around 0.8
de: rising support line since beginning december can be used as stop (0.99).
eason: reached 125 and 200 avg which is strong resistance, if it continues strong it is worth to chase with tight stop.
mida: restricted by the 75 avg, if broken get in.
n-park: seems to be supported at 0.25, lt chart looks good, but better cut loss if it closes below 0.25.
zorro,scrt4u what about ynp,tkt,umi,bgt?
Thanks
pau
Oh I forgot one more iec?
pau
Zorro,
Guess environment sectors will continously move healthly this year bcoz we're going greener, what's the best pick among PRO, GENCO & BWG for 3mths horizon??
pui
ynp: not sure, might depend on if it can stay above the 75 avg today which could result in testing the 200 avg at 4.2 after it retracted from the 125 avg already.
tkt: above all avgs but this doesn't mean much as the 1 year chart is sideways, you could try with tight stop at 1.47.
umi: important resistance at 0.9 (horizontal and 125 avg) and at 1 as well, looks bullish but i am not sure at which point to enter as it could retract quite a bit
(maybe buy small and average down)
bgt: reached the december low which could be resistance, if 3.4 on closing is broken it should continue the uptrend.
iec: 75 avg is support and might be broken today at closing, you might buy at closing if it stays above.
pro: buy at closing today as it is in correction of yesterdays jump, use stop 75 avg
genco: going sideways since 4 years, one day there will be a big jump but if this will happen during the coming 3 month?
bgt: only a few month of trading, difficult to judge the performance.
patkl: nearly reached the 75 avg now, so i sold at 1.61. maybe will buy back lower.
To pui,
BWG: Among your three stock picks, I suggest you go with BWG because it's relatively new, the price keeps going up, now it is still in up trend.
GC: Wow, a high jump. If you have it, raise LPP/stop at 3.84
TFI: Raise LPP to 1.85
GENCO: Raise LPP to 0.77 or higher.
AIT: It's been moving toward its previous high. Trade volume keeps decreasing. seems lack more energy to pump it up. Suggest to take some of your profit today and Raise LPP to tight price. Enjoy!
PTTAR: broke out. If you chase, set stop at 40. Good luck.
SIMAT: interesting. If chase, stop tight. Goodluck.
PREB: it seems distributing. Use tight LPP to make more profit.
BGT: Raise LPP to 3.35.
BLISS: raise LPP to 1.00 or higher (to seizhin)
I sold BLISS on Thursday or something.
I'm not sure but I feel that it's possible to run to around 1.2 but do you think it's still possible for re-entry scrt?
Thanks in advance.
zeizhin, if you sold BLISS, just see watch it and compare movement with your phycoligy.
bought a bit TIPCO @6 & BAFS @11.6what's your view?
ueda
tipco: cleared the 25 avg, but i think that 6.5 will be strong resistance which could also turn out to be the 75 avg.
bafs: you mean you bought at 10.6?strong resistance at 11.2-11.5
scrt4u,zorro,what about pf,ever,siam,iec,bsm,mlink ?
thank you
pau
To ueda,
TIPCO: Set stop at 5.75.
BAFS: stop at 10.60
------------------------
To pau,
PF: Resistance around 3.82.
EVER: It's forming a triangle pattern now. Waiting for breakout.
SIAM: Moving out of its uptrend. Seems losing momentum.
IEC: Seems trying to break out (up)
BSM: Wait and see.
mlink: Seems in down trend. Today it's rebounced.
To ueda,
TIPCO: Set stop at 5.75.
BAFS: stop at 10.60
------------------------
To pau,
PF: Resistance around 3.82.
EVER: It's forming a triangle pattern now. Waiting for breakout.
SIAM: Moving out of its uptrend. Seems losing momentum.
IEC: Seems trying to break out (up)
BSM: Wait and see.
mlink: Seems in down trend. Today it's rebounced.
scr4u thanks for your advice.
pau
IEC: raise LPP to 1.38
MLINK: raise LPP to 2.00
EMC: raise LPP to 4.70
Thanks for the earlier advise.
3rd re-entry for BLISS today.
Sorry to ask this question again. I'm not an experienced chart user.
The pattern I see seems to be trying to mimic it's pattern on 21st Jan.
What are your latest view on BLISS?
Thanks in advance.
To seizhin,
BLISS: looks in down trend.
Ah yes, it couldnt go up more than several %.
Thanks for the advise. :)
IEC: broke out. Raise LPP to 1.53.
GFPT: Raise LPP to 13.50
PE: raise LPP to 1.02
BBL: broke out. If chase, set stop at 127
STEC: seems rebouncing. If chase, stop tight. Good luck.
IRPC: Raise LPP to 5.90
ASL: interesting. If try, stop tight. Good luck.
TPIPL: It's been moving up slowly and quietly. Now it stays above 10 DMA and 25 DMA. The next resistance is around 75 DMA.
PHATRA: brokeout. If chase, stop tight.
TMB: seems rebouncing.
Scrt4u
Please comment on DRACO seems to be picking up volume and I like it on fundamentals.
Also the Watcher selections of AI and TRC ... is it OK to enter now?
Peter C
To Peter C,
Draco: On SET, if the volume picks up around high price areas, be cautious (maybe distribution). Resistance around 37.75
AI: Seems that it's consolidating to take out the resistance between 6.25 - 6.50. If AI is really a good, it will have more ups than downs. So you can enter gradually with small loss stops.
TRC: Obviously it's been in an uptrend channel. You may get in with acceptable loss stop.
This thread is closed. Please move to "Stocks discussion No.3 - 2008"
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