Stocks discussion No.4 - 2008
------------------------------------------------------------------------
IEC: UP 345%
zorro recommended this great stock
in December 2007 when it's around 1.20.
Taday(25 April 2008) it closed at 4.14
Email this Thai Stock blog (forum) to my friend >>>
Now click here for DAILY UPDATES
(or click the comments link the red arrow pointing to)
412 Comments:
Please post your stock picks or questions below:
To moe's question,
BROOK: this stock is getting more active recently. Probably it's testing the selling pressure. If you try, set stop around 0.56. Good luck.
IEC: raise LPP to 1.40 or higher.
PERM: when we recommended it, did you believe it could make a rally like now? It gapped alot. Raise LPP to 1.85 Enjoy!
scrt4u,zorro what about tgpro,patkl,preb,tfd and tfd-w1,svoa,inet...too much ??
thanks a lot Pau
hei pau, m interested w/ TFD too!
zorro need your view on CEI, UNIQ & ASCON thx
ueda
sold MIDA & hunting better one!
ueda
tgpro: trying to break through the 200 avg today, at the moment not clear whether it can succeed or profittaking will set in.
patkl: could be worth a try if it can close above the 75 avg at 1.43.
preb, tfd and w1: also worth to try.
svoa: need to break the downresistance since february 2007 around 1.35
inet: could be game over, if you like it I would buy it a todays closing which cuold be near the days low and use a tight stop
cei: above all avgs so it could go further but it is often ramped up and followed by a sharp drop, play only if you can watch it.
uniq: found support at the 75 avg, use tight stop and sell if it fails to break the 25 avg. next week.
ascon: looks like another run comes soon.
So what happened with TRC today? and does anyone know what the div. is?
any views on SMM? bought in at 1.15.
Thanks,
trc: there has been a dividend in form of a right issue at a ratio of 7:2 today, check the set news from march 20.
smm: tricky, way above the major averages and now at the 1-2 year high of 1.2, might correct several % the coming days which you need to hold through to hope for a continuing rally, as the macd in the weekly chart just turned positive. not sure whether i would sell tomorrow with a samll profit and buy back lower or would hold through whatever will be ahead. if it opens strong, continues the ride and manages to clear 1.2 very well, you should hold it for longer, as 50-100% profit could be on the cards.
maybe scrt4u can give a 2nd opinion.
views on ewc? can we buy it for a day trade at 8.20?
to zorro and scrt4u thankyou for your advice,mme had a good run but was realy very tricky.
What about nwr,nch,s2y ?
Thanks,
pau
zorro, scrt4u, what do you think of BSM, BSBM and D1?
Moe
woww big missed MIDA! can only get small gain this morning
many stocks easilly shoot up nowadays !
ueda
2nd session will DE, MME, SUSCO or DISTAR hit ceiling price too?
btw salute for PERM, I wish had that one last wk :)
ueda
pau for S2Y & NCH, you can refer to scrt4u comment last fri...i doubt they both will fly this wk coz so we already got so many now DE, MIDA, DISTAR, PERM, GEN etc...
ueda
ewc: should be still some upside as the macd just gave a buy signal yesterday.
nwr: should be a good entry now as it should go above the falling 25 avg soon.
nch: seems turning, worth a try.
s2y: as long as it can stay above the rising support since november it should be ok.
bsm: triangle formation which will breakout soon, use a tight stop if you enter
bsbm: i think it is too late to enter now.
d1: could be a good entry for long term, i don't think it will take off soon
mida: i sold today and added more of pe.
de: had already a good run this year, still plenty of upside for longterm, not sure about the afternoon performance, if you chase then better use a tight stop.
mme: time to take profit now, the area of 2.75 was a former horizontal support in the 1 year chart and the upside now should be limited.
susco: this one should be a 1 day wonder or maybe good for a second day, if you play then use 0.4 as intraday stop.
distar: also not sure about the afternoon, but in the longrun we could see much more upside.
pe: i added at 1.14 as the intraday chart looked bullish, but as the 200 avg is close at 1.18 i will get out quick if there is some resistance today. otherwise there is a chance to go to ceiling.
will use 1.14 as intraday stop.
pe: forgot to let you know the comment from phillip securities at lunch time:
"In the near term, the stock price is in a recovery mode with a bullish candlestick. The odds are that the stock price will continue its move higher. ‘Trading BUY’ with barrier pegged at Bt1.25-Bt1.32 and support at Bt1.10-Bt1.08. Cut loss if the share prices close below Bt1.05."
zorro, you got more active in this forum. Thanks for your helpful contributions.
MIDA: if it won't make new high tomorrow, take profit or raise LPP to 1.27. Enjoy!
NWR: seems preparing a run-up. Stop tight. Good luck.
AMATA: seems trying to breakout the "flag pattern". Chase with tight stop. Good luck.
PERM: has made 3 gap-ups. Today it made the 3rd gap-up, looking tired. Raise LPP to 2.65. If 2.65 breaks down, take profit no questions asked. Enjoy! :)
BTC: if you have this stock, raise LPP to 0.92. If 0.92 breaks down, take profit. Enjoy!
TT&T: price stays above the major moving averages. Seems a run-up is coming. If you try, don't forget stop tight. Good luck.
SIMAT: raise LPP to 4.45 Enjoy!:)
GSTEEL: raise LPP to 0.85 Enjoy!:)
Back into the market after a long time, hows EWC for tomorrow?
Thanks,
KM
P.S- TSTH how does that look, still holding, its more of a strategic holding now. cheers
To KM,
zorro said...
ewc: should be still some upside as the macd just gave a buy signal yesterday.
I agree with him.
To KM,
TSTH: seems resistance is around 2.34. Raise LPP to 2.20. Enjoy!
NSM seems to be enjoying great atention today. Volume picked up and so did the price.
TCJ - Another one to watch.
Good luck!
Umi san
nsm: had an eye on it today but decided to stay away as the 200 avg at 0.29 and the former horizontal support at 0.3 will be hard to break (the falling resistance since dec 2006 in the weekly chart at 0.32 might be another obstacle). if it breaks, we could see a major rally.
Zorro - Thanks your valuable advise on NSM. Will keep a tight watch on the 200 avg.
Umi san
Anybodys view on APURE? some buying seen at 2.36 and 2.38.
Thank you very much.
Well trading done on APURE bought at 2.36 and sold out at 2.46. Was pretty ok. not bad.
apure: my charts are not updated with yesterdays prices but i would guess that it can go much higer, maybe test 3 again.
from phillip sec. this lunch:
"In the near term, the stock price is in a recovery mode. The odds are that the stock price will continue its move higher. ‘Trading BUY’ with barrier pegged at Bt2.52-Bt2.60 and support at Bt2.32-Bt2.26. Cut loss if the share prices close below Bt2.20"
APURE: this stock has been moving along and above 10 days moving average line for over 10 days. It's just started a run-up. Raise your LPP to 2.34. Enjoy!
AMATA: brokout confirmed. Raise LPP to 17.80 Enjoy! :)
TCJ: has brokeout (up) its "triangle pattern". Raise LPP to 5.65 or higher.
TMT: in a small rally again. Today it gapped up. If you chase, stop at 4.20 Good luck.
PATKL: big volume today. Take some profit today. I guess it will correct tomorrow.
EWC: moving up very well. Today it gapped up with volume, and the resistance is around 11.50. I suggest you take some profit today. After it takes out the 11.50 resistance, chase again. Enjoy!
Q-CON: if it cannot close above 1.93, take some profit today. Enjoy!:)
BLAND: seems trying to breakout its triangle pattern. Seems also rising from a double-bottom with relatively trade volume recently. Enter with tight stop. Good luck.
KMC: price stays above major moving average for over one week. Today it gapped up. Seems a small rally is preparing. If try, stop tight. Good luck.
SAM: price broke the major moving average. Seems preparing a rebounce. If try, stop tight. Good luck.
Bliss: seems cooking. If try, stop at 0.60 Good luck.
PF: if you have this stock, trail up your LPP today. Take profit if it won't make new high.
GSTEEL: rais LPP to 0.90 or higher. Enjoy! :)
HEMRAJ: moving up quite well. Raise LPP to 1.40 or higher. Enjoy! :)
JAS: major punters are pulling up this stock.
Views on: KBANK, SCB, BAY, KTB, PSL, TTA and MAJOR please.
Thanks scrt4u for all ur help.
woww S2Y also active as expected!
zorro, is it worth to enter..what's resistance of this one
ueda
CIG keep rockin' baby :))
zorro what about GENCO, SMIT & SOLAR thx
ueda
seems all stocks recommeded by poems worked well today, good job!
most of my charts are still missing the prices from 2nd of april (but show the todays price), i hope that this will not influence my analysis.
kbank: rising resistance in 1 year chart nearly reached (94-95), not a good point to enter unless it breaks through which i doubt as the foreign buying is not strong.
scb: in a steady bullrun but there seems to be a bearish divergance in the macd and rsi.
bay: looks worth a try, might reach 30 again.
ktb: seems to turn upwards and the macd just reverted the sell to a buy, the most promising of the 4 banks
psl: should be a good entry as the macd is turning, but set stop around 23 as there was some weakness today.
tta: weak rsi, macd turning down again, better stay away. if 40 can hold for a couple of days and strength is seen, you could get in, as this would mean a rising support is established since january.
major: doesn't look interesting, you could buy if 19 breaks (6 month horizontal resistance) and watch out for the rising 6 month support around 18 which is the stoploss.
s2y: was close to the rising support, now it seems to be at the parallel resistance, going above 3.1 tomorrow could mean that we see the 1-2 year high at 4-5 very soon, i would rather use a correction to 2.5-2.7 to enter (maybe tomorrow at closing?)
genco: looks interesting, especially in the monthly chart, for st it could be tricky as every volume peak (like today) was the point to get out, but todays candle looks good. try to jump in on a continuing rally with a tight stop.
smit: looks good with important resistance around 2.5 as one can see in the monthly chart. for st it might fluctuate in the up-channel which has been established this year (2.08-2.28)
solar: still below the falling resistance since january, can breakout anytime, watch out for a break of 2.84 tomorrow to jump in.
poems recommendations: if you refer to the stocks i posted the poems comments for: these are given by poems during the lunch break and usually are stocks that had already a strong morning session.
1 tip from me:
mdx: broke this years downresistance and 25 avg on good volume today, we could see 3.7-4 soon (i bought some today)
NSM - Seems to be very strong this morning. Hope some of you were brave enough to ride the recent wave. Good luck.
Umi san
TT&T: It shot up today. Did you buy some. If you did, you are happy today. Now take some profit and raise LPP to 0.94 for your remaining position. Enjoy!
------- background info-------
scrt4u said...
TT&T: price stays above the major moving averages. Seems a run-up is coming. If you try, don't forget stop tight. Good luck.
Wednesday, April 02, 2008 4:12:00 PM
To Anonymous (better give yourself a nickname for this forum),
KBANK: I checked its five year monthly chart. It's in an uptrend. My advice is if it can not break 93.50, reduce your position.
SCB: pls check its weekly chart and you can see it's been moving up along an uptrend channel. You may do some "sell high & buy low" within the channel. When you notice the uptrend changes, take your profit.
BAY: pls check its monthly chart and you can see it's losing momentum and broke down its original uptrend. If it cannot take out the resistance around 25, take your profit.
KTB: It's near the resistance around 11. If it cannot take it out, take your profit.
PSL: Bottom on 2 March was higher than bottom on 28 Jan. It seems trying to make a rebounce. If you try, stop at 23.60 Good luck.
TTA: If you try, stop at 40.50
MAJOR: It's moving up along the 75 days moving average in the past 2 months. Bighand hold alot of this stock, I do not know why. If you try, stop at 17.80 Good luck.
GSTEEL: Raise LPP to 0.95 Enjoy! :))
BLAND: Did you buy some this morning? It shot up today. Trail up your LPP and Enjoy.
------ background info----
scrt4u said...
BLAND: seems trying to breakout its triangle pattern. Seems also rising from a double-bottom with relatively trade volume recently. Enter with tight stop. Good luck.
Thursday, April 03, 2008 2:52:00 PM
CIG: ueda's good call. Now raise LPP to 7.20.
MIDA: raise LPP to 1.36 Enjoy! :)
BT: price stays above 10 days, 25 days, 75 days moving average lines for more than one week. Seems something is cooking. If you try, stop tight. Good luck.
TYONG: seems warming up. If try, stop tight. Good luck.
SIMAT: seems losing momentum. Reduce position.
TGPRO: Raise LPP to 1.05 Enjoy! :)
How are the steel stocks? GSTEEL, NSM, TSTH and ssi?
thnx
sold CIG w/ good profit & switch to MDX & TT&T at closing price...
zorro/scrt4u any super stocks for next wk?perhaps BROOK, APURE or
S2Y again :))
happy guessing & hv a good long wkend...
ueda
btc: could try a breakthrough of the 200 avg and former support area around 1, jump on a run or wait to correct a bit to the area of the 125 avg (0.88-0.92)
ccet-w1: should be also good for more upside
what target for ccet-w1
ccet-w1: possible resistance will be at 1.75, then 2 and the former high area around 2.5
TT&T wins case against TOT. Price will shoot up.
zorro,scrt4u what about uv-w1,inet,preb,patkl,
thanks
pau
The amount TOT has to pay to TT&T is almost 24 billion baht. That means an updated book value for TT&T shares exceeding 10 baht.
There is indeed upside for this stock !
yes managed to jump in at 1.1 & waiting more profit ahead!
sam
Bought at 1.06 and sold at 1.13, will buy back again soon, this stock going up big time. hot stock for many days target in 2 months 6 baht. Enjoy
Don't sell your house...TOT will appeal.
uv-w1: needs to break the 1-year downersistance at 1.2, same as the 75 avg.
inet: tested the horizontal resistance around 1.5-1.6 today, which is also near the 200 avg, not good to jump in right now.
preb: tested the 200 avg and should correct, buy near the 125 avg around 1.25
patkl: similar to preb, should correct to 1.7 (or lower?)
thank u zorro,I have inet at 1.30 and patkl 1.56
pau
JAS: wow! Big move-up today. It's up over 30% since our call. The near resistance is around 0.40. You may take some profit if it cannot take out the resistance. Enjoy! :)
TT&T: I told you that a run-up is coming. If you bought, you are happy now. After its correction, it will go up to take out the 1.25 resistance and then move up towards to next target 1.70 where there is some resistance if the case victory is confirmed.
Remember the "50/50 possibility" math theory. Even all our stock calls accuracy is 50/50, you still make profit as long as you cut loss when it's still small. That is why risk management is so important. I think zorro and my stock calls are better than 50/50 theory indicates. Don't you think so?
DE: moving up very well. It gapped up alot today. Now raise LPP to 2.30 or higher. Enjoy! :)
Distar: Distribution today. Raise LPP to 0.95. Enjoy! :)
BLISS: It's cooking. A run-up is being prepared. Enter with stop at 0.60 Good luck.
GSTEEL: this stock is losing momentum. Raise LPP to 1.02. If this 1.02 breaks, take profit. Enjoy! :)
scrt4u agreed...fortunately did good switch CIG w/ TT&T last fri :)
bought some VNG, JTS & TOG, what do u think zorro?
ueda
vng: not sure, the gap might distort the picture (xd?), falling resistance since july needs to be broken.
jst: volume picking up and macd just gave a buy but 1.75 seems to be an important resistance to break (look at the weekly chart for the downresistance) and the important 200 avg is not far away at 1.83, could be worth to try with the 125 avg as stop.
tog: looks good, macd giving a buy, rsi strong but not overbought, slightly above all major avgs, a small stop in the area of 3.75 should do the trick.
TPIPL: keep an eye on this stock. Interesting.
NWR: interesting. Buy with very tight stop. Good luck.
BGH: price stays above major moving average lines. If you chase, stop tight. Good luck.
TYM: brokeout again. Raise LPP to 5.60 or higher. Enjoy! :)
BAY: this stock has been moving up quite well after a double-bottom. It's near the resistance around 25.50. If it cannot take out this resistance, reduce your position.
WIN: this speculative stock seems preparing a run-up. If you try, stop tight. Good luck.
Are CSP (XD tomorrow) and EPCO good to enter?
hey scrt4u hows ur loss doin on PE?
Would like to have your view on CENTEL please, thanks.
Moe
EWC break out, whats the next target now?
How are the steel stocks? GSTEEL, NSM, TSTH and ssi?
PE: Raise LPP to 1.10
CSP: wait and see.
EPCO: pullback about 50%. If you try, set stop at 1.99.
CENTAL: Price stays above major moving averages. It's in an uptrend, but SKD is going down. Wait for breakout.
GSTEEL: Raise LPP to 1.05.
NSM: It cannot take out the 0.32 resistance. Be cautious. Raise LPP to 0.30
THTS: seems it cannot take out the resistance at 2.32. Reduce position.
SSI: moving quite well. Just took out the previous high. Raise LPP to 1.00.
Enjoy! :)
EWC: Yes, brokeout. Next target is probably 17.25. Good luck.
EWC: while you expect 17.25, raise LPP to 11.50 or higher. Enjoy! :)
TT&T: raise LPP to 1.20 Enjoy! :)
WIN: Wow! It shot up today. Raise LPP to 1.30 or higher. Enjoy!
----- I told you as follows: ----
scrt4u said...
WIN: this speculative stock seems preparing a run-up. If you try, stop tight. Good luck.
Wednesday, April 09, 2008 2:56:00 AM
To ueda,
APURE: Your favorite stock is shooting up today. Great! Now raise LPP to 2.60 or higher. Congrats! Keep your good job.
TMB: After correction, it seems trying to take out the previous high resistance. Good luck.
LST: wow, this stock shot up. If I had read its chart yestoday, I would have told you it's interesting. Now use tight LPP to lock your profit.
TMB: breaking as I expected. Raise LPP to 1.34 or higher. Enjoy!
PE: raise LPP to m1.25. Enjoy! :)
yea scrt4u, too bad i missed APURE...guessed can go up further while beware of S2Y, chart doesnt look good now
anyway still happy, sold TT&T with +37% & switch to TRUE
ueda
DE: raise LPP to 2.65 or higher. Enjoy! :)
LST: raise LPP to 2.80
GSTEEL: raise LPP to 1.10 Enjoy! :)
EWC: Raise LPP to 13.60 Enjoy! :)
BWG: seems preparing a run-up. Stop tight if you try. Good luck.
BAY: seem losing up momentum. If you have this stock, be cautious. Raise LPP to 25 or higher.
BGH: going up as expected. Raise LPP 33. Enjoy! :)
heavy correction on APURE, S2Y & TT&T, TGPRO be cautious guys...
ueda
Views on shippers please TTA and PSL?
PSL: wait and see.
TTA: major moving averages seems resistance. But it looks better than PSL.
Hii Ueda I lost all my recent gains by cut loss TT&T & APURE today!!if possible pls alert me ealier
sam
To sam,
I gave you the LPP for both stock. What is a LPP?
LPP = Lock profit point.
GSTEEL: now I warn you that this stock is probably going to have a correction. Raise LPP to 1.10 or higher. Next target 1.50. Enjoy!
scrt4u: What do you mean pullback about 50% on EPCO?
Whats the entry point for GSTEEL gotta have some of this if the target is 1.50.
Thanks
Hello sam, hope you can earn your money back soon.
Always be cautious, no absolute winner stocks here
ueda
To Anonymous (you'd better give yourself a nickname for this forum),
Pullback mean the price goes down about 50% of the channel high minus channel low. On 4 April 2008, the high was 2.12; on 11 March 2008 the low was 1.89. Pls do the math:
2.12 - 1.89 = 0.23 x 1/2 = 0.11
2.12 - 0.11 = 2.01
Usually when the price can hold above 50% pullback, it's an re-entry. But no rule has no leak.
Answer to your question:
GSTEEL: I can not predict the re-entry point now. Now it's in correction. Pls wait for the re-entry point. Why didn't you buy it earlier? We called this stock several times.
JAS: now this stock have a 50% pullback. If it can hold above 0.33, enter with tight stop. Good luck.
EWC: It's up 235% now. zorro, is this stock your call? Raise LPP to 15.75. Enjoy! :)
AI: trying to breakout. If try, stop at 6.25 Good luck.
TYM: brokeout previous high. Raise LPP to 5.95. Enjoy! :)
ewc: not my call, anonymous and km asked on 2nd april if it could be bought around 8-9 an my reply was "should be still some upside as the macd just gave a buy signal yesterday." and you agreed with me. now it is 100 % up.
Scrt4u,
Is BLISS still cooking or should I have stopped out?
Hold or buy more?
THKS
Peter C
To Peter C,
BLISS: The price started going down from 10 April 2008. The original uptrend is broken. Step out next Monday.
Yea I did make money on EWC played a couple of times in and out with it. Someone was asking about CENTEL the other day well I do hold this stock as well as one of my Long term holds like my TSTH. Its a beautiful company to have on your port, they operate all the KFC, PIZZA HUT etc and many hotels and resorts.
KM
By the way that anonymous was me forgot to put my name there.
KM
To KM,
Thanks for your great stock call on EWC.
scrt4u,zorro what about patkol,mdx,nch,smit ?
Thank you and everybody have a happy Songkran!
pau
Happy Sonkran to all
Moe
happy songkran....
patkl: failed to break the strong 200 avg for the 2nd time but is still above the 125 avg, if this one can't hold we will see a drop to the area where the 25 avg will cross up the 75 avg. (1.4-1.45)
mdx: looks shaky, set stop at 3.08 (25 avg) if you are holding or enter when there are some positive movements.
nch: doesn't look good at the moment
smit: while there seems to be some support around 2.05 it is trading below all avgs due to going xd some days ago. hold with stop 2.04-2.06 which is also the up-channel support.
some interesting charts:
bland: longterm investment for trendchange with small stop at 0.71
iec: next run on the way?
n-park: good support at 0.2
nwr: possibility to enter with a small stop at 0.54
pae: uptrend support since november nearly reached.
syntec: could rebound from channel support at 0.85.
tasco: small double bottom at 18.7 which should be used as stop
tks: uptrend support since november nearly reached.
true: downtrend since july could be broken anytime.
Comments on TNDT please? stuck at 7.95.
KTB break out?
CAPLL seems bouncing,
KM
TTA seems gonna have a good run.
LOBOS
hey sam, did u get your money back from APURE, it moved well tdy perhaps tomrw either...
zorro, scrt4u need your latest view on KH, PLE & AI thx.
ueda
tndt: makes a series of higher lows since beginning of trading, i think you should hold on to it.
ktb: breakout would be closing above 11 which seems to be on the cards.
cpall: rebounded from the 1 year rising support but is close to the 200 avg resistance as well as the for this stock less important 25 and 75 avgs, macd and rsi giving mixed signals, will be like tossing a coin to invest.
tta: one could see the reaction to a rising support line since january, buy and use this line as stop.
kh: 1-year downtrend broken during the last couple of days, today up on better volume. should be a good time to enter now.
ple: one could use the rising support since january as stop (around 4.92), difficult to say when it will start a run.
ai: a not so clear 1-year downtresistance might be in the way of a until now bullish picture.
about my tips from the weekend:
iec: bought before closing at 2.26 and was lucky that the bighands pushed it from 2.24 to 2.34 during ordermatching. will they ramp it up to 7 again?
tasco: went against the trend and one should take the small loss.
tks: took off a bit already
pae: should follow the example of tks soon.
scrt4u, zorro
Pls comment on NNCL and NNCL-W1
Thanks
Moe
nncl: was recommended by seamico a week ago with support 2-2.1 and resistance 2.5-2.6. i think it will go down a bit further, macd could give a sell signal today, overall sideway trading and doesn't look interesting. watch the falling resistance line since september and buy on breakout (now around 2.26-2.3)
nncl-w1 looks similar. watch the falling resistance line since september and buy on breakout (now at 1.43)
To Moe,
NNCL: Buy with stop at 2.08 or higher. If it make no new high tomorrow, stop aout. Good luck.
To Moe,
NNCL: Buy with stop at 2.08 or higher. If it make no new high tomorrow, stop aout. Good luck.
IEC: Raise LPP to 2.60
PLE: enter with 4.97 as stop. Good luck.
TTA: buy with stop at 42. Good luck.
KTB: seems going up along the 10 days moving average line.
ZMICO: brokeout. If chase, stop tight. Good luck.
JAS: started its 2nd run-up. If chase, stop tight. good luck.
scrt4u,zorro what about asimar,ccet-w1,nep,crane ?
thanks,
pau
asimar: use rising support since januaru (now at 1.09) for stoploss.
ccet-w1: looks still ok to hold with stop 1.22 but ccet looks a bit weak, moving along the falling resistance since january and could make another sharp drop to the area of 4.5, so be careful
nep: macd will give a sell signal soon, rsi not strong enough, stay away.
crane: seems to be a good buying opportunity with a small stop at 2.48 (or use the 25 avg as future lpp)
zorro pls comment KCE & HANA thanks
sam
Scrt4u - pls adv your recommendations for PE. The price pattern seems very very strange since last week especialy today. I was quite sure it will hit the ceiling and stay there for the close today; but it eased back down on the close. What is your recommendation? Thanks.
Umi san
kce: difficult, seems to be some resistance now at 3.5, but the support at 3.25 is very good and important, mac and rsi look ok, above 25 and 75 avg but the 200 avg is not far and could be at the same level as a possible falling resistance since october. better to choose a stock that is more clear.
hana: looks not good, still not oversold enough to risk an entry for a possible rebound.
pe: usually runs together with pl which hit ceiling today. there is a resistance at 1.5, maybe the major punters wanted to get their money out a bit earlier, the good point is that the 200 avg should be cleared this time but entering now could be too risky as it might fall back to 1.2-1.3 where one could buy in.
SET: There is resistance around 850 although it gapped up on 17 April 2008. Be alerted.
To Umi san,
PE: Too big volume to hit the ceiling on 17 April 08. You should have reduced at least half of your position on 17 April. Look at its major moving average lines. They are all under the price and in the up direction. Re-enter when the price is pulled back or after the it finishes consolidation. Enjoy! :)
BLISS: brokeout. Peter, chase this stock with stop at its low. Good luck. I was misleading by the three downward red candlesticks.
To pau,
CRANE: buy with stop at 2.48 Good luck.
STEC: buy with stop at 4.74 or small loss acceptable to you. Good luck.
TMB: put all major moving average lines under it now. Raise LPP to 1.39 or higher. Enjoy!
NWR: seems preparing a run-up. Stop 0.54 Good luck.
PERM: keep an eye on it. It's now forming a triangle or flag pattern. seems to choose a direction: UP or Down. I blindly guess it is UP. Let's see if I am wrong or not. Good luck.
UMI: seems starting another run-up. stop tight and good luck.
SMC: intersting again. Good luck.
PSL: seems warming up.
RCL: warming up too.
TYM: look at its nice uptrend pattern. We called re-entry in mid March when it's about 4.80. Now it's up over 40%. Not bad!
Pay attention to its rising angle which is larger than 45 degrees. Use tight LPP. Enjoy! :))
DTAC: it's moved sideway for some days. Now it seems preparing a breakout (I blindly guess: UP) Good luck. Don't forget stop tight if I am wrong.
SAM: it showed a little intention to go up. Be patient with this stock. It will fly sooner or later. I just do not believe such a reset stock won't go up.
mida: i might re-enter today as the 200 avg area seems to work as support together with 2 parallel rising support lines fom 14.3. and 17.3., should go to 1.5 one more time (or even higher to 2), using 1.14 as stop
iec: sold yesterday as it reached a rising resistance since 6th of march, might close the gap at 2.4, if it is going above 2.76 intraday today it might be worth to chase it for very st only as the rsi is getting into an area where it should have a major correction.
apure: found the 200 avg as well as the falling resistance line since july and retreated, time to take profit but re-enter if 2.85 is broken and look then for a run to 3.5 or a bit higher.
zorro,scrt4u,what about zmico-w3,asp-w1,bland,lee and w1.cfresh?
scrt4u for bliss the 3 downward red candlsticks had decreasing sell volume,unfort.i also followed your advice and but sold only half of my holdings and the rest today 0.73.
what level to reenter?
thanks
pau
To Zorro and scrt4u - Thanks for the info on PE. I sold PE yesterday evening just before the close. Will buy back in again once the price is settled.
Also thanks for the alert on UMI.
Umi san
hei all food & agri industries moved very strong today LST, APURE,TVO, LEE etc...what else?
perhaps TIPCO, TUF, MINT??happy guessing
ueda
zmico-w3: only 1 year to go and a b&s value of 0.04, better not to touch it and go for the mothershare instead, but wait a bit to break the downresistance since july around 3.32.
asp-w1: only 6 month to go but closer to the b&s value of 1.44, it got a downresistance since november around 1.65, possible it will break next week.
lee: was lacking of trading volume for a long time, if it can continue to be active the warrant should be rewarding with a gearing of 12.
lee-w1: downtrend broken yesterday on strong volume, should have been a buy this morning.
cfresh: turning around with a falling resistance in the 5 year chart at 2.1, could be worth a try to bet on a breakout to 2.5
tipco: looks ok
tuf: might break the downresistance since october today.
mint: not so good, should go down to 15 before the next bounce.
tgpro: above all averages, today on a run again and could reach 1.2 (bought some this morning)
some comments from poems at lunchtime:
APURE: The short-term trend is in a recovery mode with a bullish candlestick signal. ‘Trading BUY’ with barrier pegged at Bt3.10-Bt3.20 and support at Bt2.80-Bt2.76. Cut loss if the share prices close below Bt2.72.
BLISS: In the near term, the stock is in a recovery mode with a bullish candlestick signal. The odds are that the stock price will continue its move higher. ‘Trading BUY’ with barrier pegged at Bt0.77-Bt0.82 and support at Bt0.67-Bt0.65. Cut loss if the share prices close below Bt0.63.
zorro thanks for tour comments.
pau
scrt4u very good comment at perm-but i did not believe u and did not buy - sometimes it looks to me u and zorro are horrible twins (like in movie)and realy insiders !
btw. sold my tgpro had it with 0.81
what about pro,lhk,inet?
thanks
pau
zorro,
pls comment on nwr, burnt by this stock several time before so not sure to enter or not.
HK
To pau,
pro: Distribution. Wait!
lhk: seems rebouncing. Stop at 2.08 if try.
inet: If you try, stop at 1.37
Good luck.
To pau,
You do not need to believe all what I recommended.
Perm: Shot up today. Take some of your profit today. Use tight LPP. Enjoy! haha!!! :)
To HK,
NWR: this stock is now moving at the low price area. Although you got burnt several times, I suggest you buy some now.
How to buy?
If you planned budget is baht 1000,000, use the following strategy to buy:
First step: use 25% of your planned budget, namely 250,000 to buy your first position (you may use 15 minutes chart to find the low to and buy in several lots).
Watch the price. If it moves up, move your Lock Profit Point. This is a continuous process. When the up trend starts losing momentum, sell your NWR. This is what we hop, but
If the price goes down, hold it, when your loss is 15%, double average it down, namely use another 250,000 to buy. After this average down, your cost should be
around 7.5%.
If the price further moves down another 15% or more, use 500,000 to double down your cost, this step is very important, you have to be very sure it is the bottom.
This is a brave stategy, some of my friends use it successfjully. But it can not guarantees you can use it successfully too.
Hope it is helpful. I am not responsible for your loss. Take very good care of your money.
Good luck.
zorro,
thanks for your advice.
HK
scrt4u, pe still looking good? and pls comment on psap.
thanks
moe
To moe,
PE: now it is in correction. I can not predict it. Wait until it finises the correction.
PSAP: Now resistance is the 75 days moving average, supports are the 10 and 25 days moving average. It's up for three days. Seems in a small up trend. If you try, stop at 1.17.
To pau,
TGPRO: your profit is over 55% if you sold it at today's high. Congrats!!! :)
AI: the major moving average seems tied up together. It must be waiting for something. Price will have a breakout: UP or down. Keep an eye on it.
evil twins, hahaha, no, i am not an insider, there are just some charts that are obvious and easy to read, like perm. this flag pattern was beautiful and because of the long run before the flag a similar long run can be expected afterwards. (great call, scrt4u, also got the timing perfect). the triangle resistance was 2.8 for today and look at the intraday chart what happened: sideways trading for a while and as soon as 2.82 was broken, the run started.
my tgpro tip from today was also obvious, consolidation for a couple of days and today the next upturn in which i bought in (also sold at 1.18 already, too early but better than a loss)
now compare the chart of tgpro with mida, then you know why i bought in today and hope to get some nice profit next week. but as usual, not all predictions come true and therefore if the stock changes the predicted trend (goes below 1.14) one has to stop out.
pe: i mentioned that one can enter between 1.2 and 1.3 which is already reached, but to avoid catching a falling knife one is better off to wait for some support area in the next few days to show up.
SEAFCO: it has been moving sideway above major moving averages. Maybe it's accumulating energy to take out the resistance at 6.35. Good luck.
zorro, thanks for you nice words.
I am not a insider as pau thinks. I am just a "coin tosser + blind guess + chart reading + experiences from many other good traders and investors.
zorro, even your prediction cannot come true, you have the "50/50 possibility math theory" and "small loss cutting strategy" to guarantee you to earn BIG than loose small.
great job zorro!
I managed to buy GENCO 0.83 & a bit PLE @5 for fun
pls keep share with us your top picks nextwk specially it's obvious one :)
i guess MDX, EVER or MME could be worth to watch too
ueda
How abt some of the brokers next week, since volume has been good, what about asp-w1?
Thanks,
KM
P.S- Thanks Zorrow for your advice on Mida will keep an eye on it along with ZMICO.
my charts are not updated with fridays figures so i can't give any recommendations, but finance should do well next week.
property: the sector is now at a horizontal channel resistance in a 4 year chart, lets see whether it can break it in the coming weeks, then it should be important to look at the individual property stocks.
tips from seamico for next week:
APURE, KSL, LST, TVO, PERM, GSTEEL, SSI, TGPRO, TMB, BAY, KBANK, KK, LANNA, TOP, MDX, PTTEP, SAM, EWC, TYM, TCC, NVL, BSEC, PHATRA and PE
Post a Comment
Subscribe to Post Comments [Atom]
<< Home