Stocks discussion No.5 - 2008
Welcome to "Stocks discussion No.5 - 2008".
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PERM: UP 480%
We recommended PERM about one year ago
when it's about 1 baht. It shot up to 4.80
on 25 April 2008.
If you were patient enough, you could
have made big money on this stock.
when it's about 1 baht. It shot up to 4.80
on 25 April 2008.
If you were patient enough, you could
have made big money on this stock.
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STEC
Let's see how high STEC can go up!
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posted by scrt4u @ Friday, May 02, 2008
169 Comments
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169 Comments:
Welcome to "Stocks discussion No.5 - 2008.
zorro said...
already 1st of May but the new blog not open yet, so i will post some interesting stocks here:
ewc: looks a bit like a triangle, not as obvious as perm but worth to keep an eye on. watch the possible support at 16.4 and resistance at 17.5 tomorrow.
mdx: getting squeezed by the 25 avg support and 75 avg resistance, breakout expected next week.
nvl: fell back to the 25 avg and has a 6 day downresistance, could be a nice rebound if broken.
siam: didn't break the january uptrend and seems to react to the 25 avg as well. set stop in the area of 4.1-4.15, a small loss compared to the chance that it will reach 5 again.
syntec: at channel support (or is it broken already?), watch for some positive signs.
tmb: 25 avg seems support, will it start another run? sell if breaks below 1.35.
Thursday, May 01, 2008 8:11:00 PM
I move zorro's post from No.4 to No.5 as follows:
zorro said...
ccet-w1: recommended earlier, it made a nice jump and corrected a bit. still good upside potential, trading at b&s value, res. will be the 125 avg and recent high at 1.75 and the 200 avg at 1.95.
stop around 1.34
win and -w: this is something for the hardcore gambler. the warrant is expiring in 2 month and should get suspended in 1 month.
trading at 0.13 while the ex-price is 1 and win is trading at 1.21, the ratio is 0.3271 shares for 1 warrant.
will the warrant holders ramp up win to get rid of the warrants or to exercise them? i remember cpf-warrant which made several 100 % in 1 trading day when it was close to expiry and trading in the money. play safe and go with win which has a nice rising support line since november (at 1.16) as well as the 25 avg at 1.2.
Thursday, May 01, 2008 9:22:00 PM
To sam,
TWZ: I recommended this stock several times, why didn't you buy some when its price was quite low?
Now it's near resistance. I do not advise you to risk. Not worth it.
TRU: typical distribution. Do not chase it now. If you like, wait for its pullback. If you bought it when it finished the double-bottom, you would be happy and now it's time to take most of your profit.
TPIPL: it seems not late to chase this stock. Chase it with some position and tight stop. Believe me and believe the math "50/50 possibility thoery".
You can profit on stock markets as long as you use the following 3 weapons:
-- math "50/50 possibility thoery";
-- cutloss while it's still small;
-- trailing up your "lock profit point".
STEC: now you can see its rally. Did you believe me when I called it? Why I am so sure it's will go up? I saw it bounced up at least 5 times around 4.75, which is the cost of the major punters (insiders). It put the 75 days moving average under it with the same volume as the two previous trading days.
Target: 6.75 or higher. Don't forget to trail up your LPP.
To pau,
BLAND: I think you can accumulate it gradually. Don't let your loss exceed your limit.
KMC: Buy some with tight stop. SKD is going up.
TKT: seems in uptrend but every many long candlestick has a very long upper handle. Too speculative. Good only for SST play.
GENCO: seems finished the pullback. If try, use tight stop.
PRO: seems finished correction. You may try its rebounce with tight stop.
Good luck.
case study!
PERM: I recommended this stock about one year ago when it's about 1 baht. Later it crashed to 0.65. Then it shot up to 4.80 on 25 April 2008. A 480% up! Big UP!
If you were patient enough, you could have made big money on this stock.
Let's another stock.
TPIPL: could it go up 100%? I blindly guess it's most possible as long as you are patient enough.
Let's see another stock.
STHAI: It crashed from 7.78 baht on 31 March 2006 to 1.67 baht on 30 April 2008. Most of those shareholders at high price area like 7 baht have been tortured to death. Who can withstand such long time torture? very few of those with strong will and do not need the money or etc...
Let's blindly guess. Can this stock STHAI go up like PERM? Nobody can guarantee it. I am not recommending this stock. I just use it as a case study.
BLISS: seems ready to rebounce. Stop tight. Good luck.
BANKS: seems finished correction. Now ready to make 2nd run-up. Who asked us for the re-entry into banks stock? Not it's time to ente. Don't forget set your small cutloss point. Good luck.
MME: could this stock go up as high as IEC, PERM, etc. ? Let's discuss it. Who can offer some fundamental anylasis on MME?
Scrt4u, Zorro,on May 2 Zmico recommends to buy Gen. Do you agree.
scrt4u, zorro,
Opinion on syntec, loxley and true please.. thanks
Moe
gen: rising support since february, which was touched again during a sharp drop 3 days ago. there is a possibility for a short term rebound and even the longterm bullrun could continue, but as it has doubled already during the last 3 month it has a certain risk.
loxley: can't make much out of this chart at the moment.
true: 2 weeks ago i mentioned to watch the downtrend line since july, still not broken and the chart looks still bearish except for the last candle stick. resistance line is now around 5.1, not far from the actual value of 4.96, better to wait if the line gets broken. i don't think a break will result in a big jump.
ck: there is a double downtrend resistance line since july, while the lower one is broken, the upper (going through the peaks) is near. volume increasing, could be up for something.
brook: i wrote a couple of days ago "either 0.8 will hold or it falls (more likely) back to the 200 avg area at 0.72."
yesterday it reached 0.72 and rebounced a bit. did you buy? maybe still not too late for a further rebound.
Very interesting informations.
Thank you scrt for the trouble.
scrt4u,zorro, thanks for your comments.
pau
scrt4u, i also curious STHAI & asked zorro's view last wk but think still better wait for break out & i guess their 1stQ result not impressive too
still hold TPIPL, BGH for safer plays...
if you like STEC, zorro guessed on CK then i go for PLE :)
ueda
To ueda,
STHAI: What I mean is I noticed the price rebounced 7 times or 4 bottoms around 1.67. It seems vibrating between 1.67 - 1.79. You can play for the small profit within this vibrating channel or wait for it breaks out 1.80.
CK: after breaking triangle,it formed a higher bottom. Now it put all major moving average lines under it. Very insteresting!
PLE: seems rebouncing. Good luck. :)
GEN: Zimico broker recommended this stock on 2 May. I think this is only good for a Short-term rebouce play. Its MACD is down. Its SKD is also down. Not worth it. If you believe in the "Math 50/50 possiblity theory", buy TPIPL with tight stop. Good luck.
To Moe,
LOXLEY: seems in a small rebounce. If you try, stop at 2.40 and take profit near 2.65.
SYNTEC: protential profit gap is too narrow. Now worth it.
TRUE: forming a triangle pattern waiting for breakout. It could not break the support for at least 3 times. Buy with stop at 4.86 if you like to try your luck on this stock. Good luck.
NWR: warming up again. Good luck.
My Picks for this week:
Q-CON, SVI-W2, PHATRA
Any comments guys?
Recommend to stay away from ESSO.
-xnx ;)
thanks guys for your comment.
oil up again, do you think it'll eventually have negative effect on market?
Moe
To -xnx,
Q-CON: in a small rally after distribution on 22 April 2008. Next resistance is around 2.24.
PHATRA: not break the downtrend yet.
BT: I check its 5-year monthly chart and weekly chart. It looks interesting. Keep an eye on it.
THL: brokeout. If chase, set stop at 3.0 Good luck.
seems party over for APURE, SAM & BROOK!
sam
To scrt4u,
Please comment on SAT.
Joey
Is it worth holding on with CSP (breakeven) and NWR (huge loss)?
lee
WHAT IS THE TARGET FOR NWR? BY WHEN? ALSO, PL COMMENT ON: JAS, TRUE, GBX & NNCL-W1. TKS.
TOG looks good now!enter b4 it's too late
sorry abv post from me ueda.
zorro scrt4u, need your latest view RS, KH & VNG thx.
These couple days somebody keep pull on/off VNG at preopen market, just curious to know what they want exactly :)
ueda
To Joey,
SAT: it put all major moving average line under it but failed to take out the previous high at 15.60. After about 110% up since 29 Jan.2007, it seems trying to break out the horizontal channel. If you chase it, stop at 15.10 or when its price is stablized. Good luck.
To lee,
CSP: seems forming a flag fattern. Hold it and set stop at 2.36. I noticed its OBV is going up today.
NWR: it's steel above the triangle pattern support. Hold it and set stop at 0.51.
Answer to someone's questions,
NWR: 1st target is 0.68; 2nd target will be 0.80 or higher in about half an year (blind guess).
JAS: This is a good company as far as I know. Foreigners (German and British) are holding alot shares.
Now its price is so low (0.33). If it can go up to 1.50, that's alot of profit. I suggest you hold it with small loss stop.
TRUE: It looks like a big triangle pattern. There is strong support around 4.85. I think you can buy some position.
GBX: Looks similar as TRUE. I think you can buy some with stop at 1.30
NNCL-W1: please ask zorro for advice. I am no good at warrants.
To ueda,
RS: preparing a run-up. Stop tight is you try.
KH: in a small run-up after so long time of fall. Chase it with tight stop. Good luck.
VNG: Maybe what you described was related with Swiss punters? Technically, it broke out the original down trend and put all major moving average lines under it. Now it's in correction, after which, you may get in. Good luck.
TIPCO: looks nice. It put all major moving averages under it. Now it's in consolidation. After it, the stock will move up. If you chase, set stop at 5.40 Good luck.
TO SCRT4U, MANY TKS FOR YOUR COMMENTS, MUCH APPRECIATED
RCL: stay above 23.50 since 17 March 2008. Seems preparing to take out the 75 days moving average. If you try, stop at 23.50 Good luck.
This comment has been removed by the author.
Buyers seems to be preventing STEC from dropping lower than 5 today.
Scb Sec recommended MILL earlier, what are your view on MILL scrt and zorro?
Thanks in advance.
sorry TOG didnt move as i guess...
thx scrt4u for your comment, bought a bit KH tdy
ueda
Hii experts,
My broker offered me thai tap water TTW, what's your view of this new comer?I only know major shareholder is CK
Is this better than EASTW?
samuel
i am experiencing problems with the blog: sometimes it doesn't show the section of may. anybody else experiencing the same?
i'm on dial-up again so might not be able to comment on any enquiries.
some gambling and normal stocks that show a positive reaction to supports, which is given in brackets (use as stop), maybe a quick rebound play:
apure (25 avg, made a nice jump today so it could correct tomorrow),
btc (25 avg), csp (25 avg and rising sup. since february),
pe (25 avg, bought some today), tmb (25 avg), ums (rising support since august)
some gambling stocks that reached a support but have not shown a reaction yet:
brook (25 avg), distar (25 avg), mdx (25 avg), mida (200 avg),
win (rising support since november)
others:
vng: broke the 1 year downtrend but is now retreating from a sideway channel reasistance, buy on weakness around the 25/75 avg for lt or if the resistance is taken out.
tog: seamico recommends now a buy with sup. 3.8-4 and res. 4.6-4.8
mill: not sure, seems to be in the middle of a sideways up channel since beginn of trading
ttw: can't get a chart using this abbreviation, sure it is correct?
eastw: in a nice run but there could be a resistance now at 5 (look at the monthly chart: falling res. with former horizontal sup.) and the rsi is getting overbought
sam: breaking the 125 avg at 2.1, will it continue to test the 200 avg at 4? if it can close above 2.1 today and make a new high (>2.4) next week it would improve the chances.
ifec: a stock that could go to the ceiling today, enter with tight intraday stop around (1.12 or 1.13).
SAM: seems starting its 2nd run-up after making a double-bottom following a 50% pullback. Good luck.
PERM: after 50% pullback, it's now making the 3rd shot. Raise LPP to 3.72. Enjoy! :)
To lee,
CSP: Are you happy now? Raise your LPP to 2.65 or higher. Enjoy! ;)
BLISS: looking charming again. Enter with tight stop. Good luck.
TYM: It's up 280% since our call on 13 November 2007. This stock was chosen as one of our case studies. It keeps moving up nicely. Now raise LPP to 7.60. Enjoy! ;)
TGPRO: seems trying to breakout the triangle. If you try, stop tight. Good luck.
hmm another wkend, zorro what's your pick for next wk?
btw m still hold BGH, TPIPL & switch KCE with AI tdy
ueda
hehe - earlier this week i switched from EPCO at 1.99 (10% loss) to TPIPL at 7.50...par for me.
hey guys .. what are ur views on PSL got it @31 then cost averaged it down to 27 now its @ 26.25 u see it going further up or dive back to early 20 range. any ideas?
kofi.
didn't find anything spectacular, just some stocks for a possible bottom fishing and some former recommendations:
adam: the april downresistance could be broken soon, volume is picking up and there seems to be some support in the area of 3.3, a rebound could stall around 4.5
solar: time to collect this week on weakness as it approaches the horizontal support in the longterm chart. safer if you watch out for some signs that a rebound might occur (macd turning)
svoa: rising support since march, volume increased on friday. could be a st-play with stop 1.3
tasco: still falling but now at a possible horizontal support in the monthly chart and rsi oversold. watch for a reversal sign.
tt&t: could be a possibility to enter on weakness for another run-up with stop around 0.86-0.9 or wait to chase it when it breaks the 25 avg.
others stocks mentioned earlier like ums, apure, btc, brook should be still good to enter.
psl: recommended by seamico for this week, looks good, not sure where to sell, but latest at 35-37.
sold BGH +15% switch to SAM & SIMAT, hope can make short profit...
zorro, need your view on DIMET & DEMCO thx
ueda
dimet: i am having an eye on it and wait to break 1.6 or to buy at 1.4 with small stop.
demco: reached exactly the 1 year downresistance, a bit more up and the macd should turn positive as well. i don't think the 75 avg at 4.5 will be an obstacle.
bwg: bought some today, some correction possible tomorrow but upside to 11-12 if the volume keeps being strong
tgpro: beautiful bearish triangle since april, support at 1.29-1.3 (about same as 25 avg) could break soon and a downchannel with support around 0.9-1 will develop (same as the 75, 125 and 200 avg). should it go above 1.38-1.4 during intraday tomorrow you can chase it as it might test 1.8 again.
simat (from seamico): sup. 4.6-4.8, res. 5.8-6
MPT: zorro, is this rally the "last kick before death" for this stock? Very interesting stock!!! But just watch it!
mpt: there are only a few shares traded, i think yesterday it was 20.000, could be from people who can not take advantage of the tender offer at 2.7 anymore, as the period is over.
genco: bought some at 1.07 today.
from poems this lunch:
"The short-term trend remained sideways up. All indicators were still in bullish mode. ‘Trading BUY.’ Barrier is pegged at Bt1.25-Bt1.33 and support at Bt1.11-Bt1.08. Cut loss if the share prices close below Bt1.06."
To pau,
KWH: I think you have some of this stock. Take profit today. Congrats!
TSTH: this is recommended by KM. Now raise LPP to 2.70
PA: raise LPP to 6 or higher. Watch its volume!
TT&T: interesting. Good luck.
MK: seems rebouncing. If chase, stop tight. Good luck.
zorro, seems APURE, BROOK & DE were hammered down?need your support area pls thx
ueda
pls give comments on
csp, csp-w1
bcp-w1
svi, svi-w2
piggy
my charts do not show todays closing data so i have to improvise a bit:
apure: broke the 25+200 avg, should fall further to the 75+125 avg at 2.5 which might be an interim support only and the next one will be 2-2.2
brook: broke the 25 + 200 avg already 1 day earlier, the weak profit announcement caused the sell-off, now at the 75+125 avg so we should see a bit rebound tomorrow which should not go much above 0.7, if at all.
de: top target points to 2.5 but i guess the gap between 2.14 and 2.16 could be closed and this event might fall together with the approaching 75 avg, could take a while.
csp: still ok as long as the area of 2.5-2.6 remains intact.
csp-w1: approaching the major resistance of 0.93-1, bullish triangle with support 0.8 which one should use to get out.
bcp-w1:horizontal supports at 4 and 4.1 and resistance at 4.5, could be played within the range and act on breakout, but the bearish divergence of the macd suggests a fall.
svi and w2: don't look interesting, many mixed signals, the warrant expensive and close to major resistance at 0.7 from where it retreated with a double top.
correction:
de: the gap is between 2.14 and 2.26
i bought NWR at .55 and sold at .50 a few days later...is it still warming up or gone cold?
To anonymous,
NWR: if you check its 5-yearly and 5-yearly charts, you can see the stock has been consolidating. I blindly guess that 0.50 has very stong support. Hold it. It won't get cold because The No.1 shareholder Morgan Stanley is holding 15% of the share. Keep patient and you will be rewarded.
How to use average-down Strategy
Let's use your NWR as a case study.
You bought it at 0.55. When it was 0.50, your loss is 10%. It's OK you cut loss.
But actually you could average down when the NWR's price was 0.50 and your loss would be 5%. If it goes down another 15%, namely, 0.42, average down the 2nd time. Now your loss is around 10%.
That is why I suggest one of the trading ways here: use 25% of your total planned budget and you can average down 2 times.
If after this 2nd average down, the price fall still can not stop and your loss show 10% again, you have to surrander to the MM by selling all your position.
Remember this average-down strategy is used when price is near the bottom. When you chase a stock, never use average-down. Never use average-down to a speculative stock. You can only use this strategy to a good stock, that will never be delisted. So that sooner or later you have the opportunity to sell it even.
GSTEEL: keep going up :) Raise LPP to 1.35. Enjoy! :)
TSTH: Raise LPP to 2.85
MK: did you chase this stock when open today? If you did, now raise LPP to 2.25 Enjoy!
TT&T: still interesting. You can buy some today with stop at 0.92. Good luck.
SEAFCO: seems rebouncing. If chase, stop tight. Good luck.
TMT: Take some of your profit today. Enjoy!
TMT: it's up over 35% since our call on 4 Feb. 2008 when it's 4.06.
KMC: interesting again. Good luck.
DEMCO looked good! bought some tdy & HANA too
ueda
zorro,scrt4u what about hemraj and w,singha and w,ccet-w1,lee-w1,ifec ?
Thanks,
pau
To pau,
HEMRAJ: after making a 2nd higher bottom, it's now in a small run-up. Enter with tight stop.
SINGHA: Just started moving up. Chase it with tight stop. Good luck.
IFEC: seems rebouncing. You may buy some with tight stop or keeping some money for possible average down. Good luck.
Warrant, please wait for zorro's comments.
TUF: stays above 10.20 for 3 days. Seems preparing a small rebounce. good luck.
TT&T: did you buy some yestoday? It's moving up quietly.
PTTAR: seems rebouncing.
MLINK: brokeout triangle pattern. If chase, use tight stop.
PA and PT will follow its suit? Let's see.
hmm DEMCO & HANA get shaken tdy...
zorro/scrt4u, your view on BFIT, RS & PAP pls thx!
ueda
hemraj-w: i don't follow this warrant as the gearing is very low, doesn't make sense to own it.
singha-w: don't follow it as well, premium of more than 200 % makes it too expensive.
ccet and ccet-w1: the warrant is nearly in the money and with a gearing of 5 a very good opportunity, but both charts (mothershare and warrant) seem like they will go down further when looking at the macd and rsi. for the brave they could use a stop around 5.4-5.5 and if you go for the warrant, buy either now and use 1.19 as stop (or ccet breaking below 5.4) so you will lose just a little or wait for some positive signs which could mean breaking above 1.3 or the macd turning positiv again.
lee and lee-w1: lee is a falling knife, just broke the 2.75 support slightly, the warrant is at a horizontal support but if lee keeps falling, the support should break. better stay away or wait for some consolidation/reversal sign (as the rsi is oversold there might be a 1 day rebound which should not be mixed up with a sign of a bottom).
bfit: looks very bearish so better stay away. closing some ticks above 6 for several days could be worth to hope for a trend change.
rs: looks more interesting, you could try and enter with tight stop and hold for lt.
pap: rally should continue a bit with the odd correction due to the rsi getting overbought, a volume peak will show the time to exit. while the st upside won't be high as there should be some resistance at the 1 year peak around 10, longterm might bring much more.
iec: bought some today hoping that 7 will be reached again (monthly macd just turned positiv). will use a stop of around 4 and have to watch the last high at 4.5 for a possible double top.
scrt4u,zorro,thanks for your comments,what about nep,patkl,btc,btc-w2,bsec ?
thanks again
pau
holycoww bought AH 13.7 & cut loss while market up a lot!!
kumar
hmm AH seems overbought ystdy, perhaps you can re enter again around 11++
zorro followed u on IEC this morning, need your adv SEAFCO & SPORT thx!
ueda
nep: after hitting the major resistance at 1 it corrected to the former high in march and rebounded a bit. todays weakness while the market is strong suggests that it will go down further to consolidate in the 0.6 area but it could even fall back to 0.4
patkl: is suspended today
btc: rebounded from the 25 avg, the problem is that many of the gambling stocks that have a similar chart couldn't stay above after rebounding.
there is also a rising support since march at 0.98 as well as the 200 avg which might be in favor but needs to be taken seriously and stop out if broken.
btc-w2: i wouldn't invest in it as the b&s value is 0.03 only, pretty much worthless.
ah: the area now at 12.5 should be a support, but as the f/s is out today the traders might not be exited with the results and it could drop further. If it can hold around 12.5 till closing one could still give it a try.
seafco: resistance around 5 and 5.5
sport: broke below all avgs, there might be a bit rebound today but i guess it will fall further unless the 200 avg can not be reclaimed for several days.
iec: from poems this lunch:
"The short-term trend remained sideways up. All indicators were still in bullish mode. ‘ BUY.’ Barrier is pegged at Bt4.40-Bt4.52and support at Bt4.14-Bt4.08. Cut loss if the share prices close below Bt4.00."
TTA: in strong up momentum. It's up over 30% since our call when it's around 41 bahts. Raise LPP to 52.50 or higher.
PSL: started moving up.
RCL: seems ready to go up.
DIMET: zorro is keeping an eye on this stock. It's worth your attention.
To pau,
BSEC: in a rebounce, but seems meeting resistance at 75 days moving average. Relatively big trade volume, probably distribution.
ASL: brokeout its downtrend. If chase, stop tight. Good luck.
hi
pls give comments on TRUE, STA, SVI/SVI-w2
TRUE: resistance at 75 days moving average (5.25).
STA: still in correction after the big shot.
SVI: brokout but near resistance.
CM: seems preparing a run-up. Stop tight and good luck.
true: downtrend in 1 year chart was broken on friday, good time to collect for longterm. if you enter now you could average down in the area of 4.9 but exit if it goes below 4.8
sta: in the weekly chart the downresistance since october 2006 has been broken, i guess there should be support in the area of 14 were one can collect as the macd in the yearly chart will turn positive soon, but don't let it fall much below. something for longterm.
svi: difficult to judge, svi reached major resistance around 1.5 on thursday and corrected on friday while the set went up strongly. not a good sign. the macd in the monthly chart seems to prepare another upswing. until there is a volume peak, there could be another jump but things might be over now. the warrant could be ramped up to 0.9 an i would suggest a stop of 0.7 if you try, but same as svi the cards are mixed and the b&s stands at 0.38 only.
kgi: broke above 25 and 75 avg, should test the area of 3-3.5 again and could go even higher to 6 in the long run if 3.5 is taken out, now slightly above the 125 avg and the 200 is not far away but both might have less influence. nevertheless i suggest to use a tight stop.
mdx: finally broke the 75 avg and found resistance at the 125 avg., use 75 avg as stop/lpp.
solar: should be safe now to enter with a tight stop (would set it even as tight as 2.5).
zmico: will it break the 1 year downres.? closing in the green tomorrow should be a good sign. the warrant is too expensive but could outperform.
Views on TTA, TSTH, KTB and ITD.
Thank you,
BISON
tta: could reach 66 but there should be a correction coming up as the rsi is getting in a zone were tta usually takes a rest, support around 50
tsth: reaching its 5 year high i would take profit now or soon
ktb: in a downchannel since april, support around 9.3 where it should rebound just a bit with resistance 9.7
itd: recommended on 27.4. at 8.25 with a target of around 10 it could be the opportunity to take profit today as it is now at the 1 year high and there might be a volume peak today, but one still can buy back a bit lower (using the rising support in the 1 year chart now at 7.8 for stop) as further upside to 12 is likely.
tgpro: did it find support in the area of the former high of 1.11? the falling resistance since its recent high is tomorrow just a tad higher around 1.17 and could result in a rally if broken. watch it closely. might be only an intraday opportunity as the 25 avg at 1.3 is not far away and the next support below are the remaining avgs around 0.9-0.95
CSP looks a bit weak...I have a 5% profit after holding for well over a year since it was first recommended...still hold?
Also sold EPCO (large loss) at 1.99 for TPIPL at 7.45...EPCO now looking good but too late to switch back...so is TPIPL still a hold?
Sorry, I rely only on this blog...;)
csp: with the dow being weak tonight it could close the gap between 2.5 and 2.64. this area is a good support in the longterm chart and the 25 avg is at 2.45, so i expect a rebound. if not it could fall to the rising support since february which should be final exit if broken.
tpipl: now at 25 avg, if it closes below i would rather switch to another stock or sell and buy back lower.
Today Sold out TSTH, TSTH-W1 and SSI.
KM
I also will follow and sell thanks for the nice profit KM.
STONY
P.S- any new buys?
NSM: It's up 100% since our call when it's around 0.21. Now raise LPP to 0.39. Enjoy! :)
views on tmb pls
BISON
TMB: still in down trend. Wait for good re-entry.
Curious of when STEC's next rally would be, the last rally only went up to 5.3 and now it dropped back to 4.9
Still holding on STEC and looking forward to the upcoming AS.
To seizhin,
STEC: there will be bigger rally than this 5.3 rally. Hold it patiently. :)
VARO: interesting. Good luck.
mida: showed the similar downtrend pattern as tgpro, but i didn't mention it because it was suspended and thought it would crash at the opening same as patkl did yesterday after the sp sign was lifted.
i expect a correction tomorrow where it could be still worth to enter for longterm. entry point would be around the 25 avg at 1.21 and target around 1.8
tgpro: bought in this morning but the big jump didn't occur, still worth holding though, maybe tomorrow the bighands will move in.
some good news announced yesterday that might have been the reason that the set went against other markets:
"Controversial rules scrapped"
read more:
http://www.nationmultimedia.com/2008/05/22/headlines/headlines_30073664.php
guys we got new TTW tdy, what's your view but I guess many people over expected bcoz it's only +5% compare to unknown but superb SABINA last time...
btw zorro scrt4u need your view on LOXLEY & LANNA thx!
ueda
Please note that SABINA is not an unkown company its a big lingerie company, only if u wore a bra would u know.
lanna: should have res. around 22
loxley: reaching horiz. resistance at around 2.8 but the 1 year chart looks bullish so in lt we should see more
from poems:
LANNA: The short-term trend remained sideways up, as all indicators were in bullish mode and share prices surged to a new high. The odds are that the stock price will continue its move higher. 'BUY.' Barrier is put at Bt21.30-Bt22.00 and support at Bt20.10-Bt19.90. Cut loss if the share prices close below Bt19.60.
LOXLEY: Prices broke out above all moving averages and all indicators were in bullish mode. The short-term odds are that prices will continue their march upward to test the previous high at Bt2.96. ‘ BUY.’ Barrier is put at Bt2.84-Bt2.96 and support at Bt2.62-Bt2.58. Cut loss if the share prices close below Bt2.54.
To ueda,
LANNA: it put the 3 major moving average under it. seems moving out of the previous horizontal channel. Chase it if it can stay above 20.30. Good luck.
LOXLEY: Next resistance around 2.82
only 3% profit gap. I won't chase.
NSM: It's up over 140% since our call. I remember when we recommended it, some people commented that it's not good. Now you see you were cheated by the so-called research reports. If they did not cheat you, how could they have persuaded to sell the stock at dirt cheap to them. We should learn from experiences. :)
Thanks for the advise scrt, I'll take a closer look on it and still set stop at 4.75. :)
If I remember correctly, you commented that JAS is a good stock to hold scrt and it had shotted up to 0.42 today.
bad start for TTW but I buy another 100K share @closing price
samuel
loxley: from seamico:
"The recent upswing of LOXLEY erupted at a Tweezers Bottom around Bt2.40. The stock is currently withholding firmly above its 10-, 25- and 200-day MA lines, presenting an improved outlook. In addition, buy signals from its RSI and MACD confirm such bullish picture. As LOXLEY appears quite stable at Bt2.50-2.70, investors should consider a good buying opportunity. A later upswing may possibly hit a Tweezers Top at Bt3.60."
thx zorro for comment..wl buy some & let's see how it goes!
ueda
zorro,scrt4u what about sam and w1,patkl,nncl-w1,nwr,ifec,singha, asp-w1 for very short play ?
thanks
pau
Steel stocks booming rated from highest returns:
TSTH
GSTEEL
NSM
SSI
and BSBM some where in between also double.
SELL and get out guys.
yes thanx to KM i made money.
Still stuck with csp-w1 at .95 will csp ever come again?
STONY
sam: st-res. at 2.3 but the chart is bullish and should be broken sooner or later. use rising sup. since mid april or 25 avg as stop, similar for the warrant.
patkl: not interesting at the moment as it rebounded to the 25 avg and retreated sharply.
nncl-w1: broke 1.3 support, buy only if it closes above 1.3 today and use tight stop as the h&s formation gives a low target.
nwr: targeted now together with the other penny stocks, good for st and lt.
ifec: my chart is distorted by the par split.
singha: might be a good value to enter for lt but as now it still could go down.
asp-w1: october downtrend not broken yet but could be anytime soon. one could enter and use 1.5 as stop but it has only 5 month left before it expires.
csp: nearly closed the gap to 2.5, another run could be in 1-2 weeks. the warrant should be sold if it breaks this years uptrend line (now at 0.79).
To pau,
SAM: hold it. I blindly guess it will go up. The major moving average are bullish now.
SINGHA: Buy with tight stop. Good luck.
DTAC: Did you take some profit near 60? It looks a little tired today. It's up over 60% since our call. Enjoy!
NSM: take some of your profit today and leave some position for possible run-up. Don't be too greedy. Enjoy!
got hit GEN & JTS at closing price, sometime you need to swallow pains
btw how about nextwk zorro, still hold few smaller caps IEC, TPIPL & DEMCO...big one confidential :)
ueda
Today SELL, Sell & sell!
although it's perfect storm but I'm hunting good stocks to buy, any suggestion zorro?
SOLAR & AKR looked pretty strong this morning
ueda
i couldn't check the charts as they were updated just today.
solar: recommended a few days ago (though my recommended tight stop was too tight), now rebounding from oversold condition. still worth to enter for longterm.
akr: rebounding but not from oversold condition, downtrend since april broken, worth a try with tight stop and sell around 2.4
sta: bought some on friday, still lots of potential if you look at the yearly chart and today in the green but rsi overbought, so a 1 or 2 day dip can happen.
from poems this lunch:
SOLAR: In the near term, the stock price is in a recovery mode with a bullish candlestick. The odds are that share prices will test the previous high of Bt3.48. ‘Trading BUY.’ Barrier is pegged at Bt3.02-Bt3.14 and support at Bt2.74-Bt2.70. cut loss if the share prices close below Bt2.66.
AKR: In the near term, the stock is in a recovery mode with a bullish candlestick. ‘TRADING- BUY.’ Barrier is pegged at Bt2.14-Bt2.22 and support at Bt1.99-Bt1.97. Cut loss if the share prices close below Bt1.95.
STA: The short-term trend remains sideways up as all indicators are in bullish mode. The stock price is in a recovery mode and the odds are that share prices will test the previous high of Bt18.40. ‘Trading BUY.’ Barrier is put at Bt17.50-Bt18.00 and support at Bt16.50-Bt16.30. Cut loss if the share prices close below Bt16.
SOLAR: today I sold most of my postition at 2.92.
i bought some TTW & INOX @closing prc
my friend lost her RCI tdy but i just looked chart might be still interesting in coming days...who knows wl be like GEN or IEC :)
ueda
TPIPL was recommended here and by Seamico, then everything went silent and it dropped to <7, but survived intact today... sell at -7% or is it worth holding?
Also, is NWR still cooking? This one costs me a bundle every time I get involved...last time 20%, this time 25%.
I cant believe what happened yesterday.
I received news on STEC late and had to withdraw with an 8% lost.
I've checked the chart, but I'd like to know of your latest view or should I just turn my attention elsewhere with the current chaos in Thailand.
(continuing the earlier post)
Thanks in advance for the trouble scrt and zorro.
tpipl: dropped below the 25 avg but you could still hold on as long as it stays above the 75 avg now at 6.9-6.95.
if you see a better opportunity you might switch.
nwr: a stock one should hold on to and wait for a rally like we saw for nsm and jas to exit.
stec: broke the support at 4.7 and should make a bigger downturn now. i would stay away unless it can close above 4.7 again.
iec: i switched from sta back to iec again as i am hoping that a bullish triangle developes and not a tweezer top.
for those who want to follow me, use tomorrow 4 as stop (intraday) and watch a rising triangle support developing from 24 or 29th of april and the horizontal resistance at 4.5.
set: came close to several supports at 850 today: 25 avg, rising support since january, neckline of a reverse h&s formation (for those who follow seamicos khun puwadol, i am placing the neckline differently than he does, there are actually 2 parallel lines close to ech other and after breaching them on 15.5. we see now the commonly expected retreat). this should be a great buying opportunity for the set with a stop of 850.
tt&t: multiple supports at 0.9: 75 and 125 avg, rising support since january as well as a horizontal one.
thl: went against the set but still below the falling resistance since the peak. if it can go above 2.42-2.44 tomorrow during intraday (falling res. and 25 avg) one could jump on with a tight stop, otherwise it could fall back to 1.6-1.7
tgpro: interesting but tricky: rebounded a couple of days ago from the former high in beginning of april but couldn't climb above the 25 avg again. now back at the same support around 1.13. can it hold? i suspect it to fall further to the 75 avg at 0.96 for a rebound or even lower to the 125 and 200 avg around 0.9 but one should keep an eye on it.
PM IPO 3.1, what a losser!
yes PM is under PE group! You must either brave or crazy enough to enter this one as we seen on PT & PE this morning
sam
iec: looks like my switch was a good decision. from poems this lunch:
"The stock price has emerged from correction mode near short-term moving averages, including 5-day, 13-day and 25-day EMAs. The candlestick signal improves and the medium-term trend remains strong. The odds are that the stock price will continue its move higher once it breaks out above the previous high at Bt4.52. ‘BUY.’ Barrier is pegged at Bt4.46-Bt4.54 and support at Bt4.24-Bt4.20. Cut loss if the share prices close below Bt4.16."
To zorro,
IEC: but there are "two peaks" for it to climb up. If it can not take them out, lock your profit.
TT&T: rebouncing again. Stop tight if you chase. Good luck.
Need views on TOP, ESSO, GSTEEL, STEC, TSTH and TMB
Thanks ,
BISON
iec: i am confident that the big hands will drive it up further, same as they did in 2005/6 when the price was ramped up to 7 in order to sell shares or a part of the company to others (don't remember the details).
then the sec stepped in with their prohibitions of net settlement / margin trading and the price plunged. how far further would have they ramped it?
iec then complained and threatened legal action. i will wait for some news about a big deal announcement to sell out finally.
in the meantime one can do some selling and buying back lower which i did when iec hit 4.5 the second time as there was a possibility of a double top. now it reached the level again and tomorrow we will see either a plunge or the rally will continue, which i am betting on.
my last entry was at 4.14 so i have plenty of room for my lpp. there could be a bit of resistance at 5.1, a run to the limit would be also a good exit point.
the rsi is still low, don't have the chart update yet, so will have to look at it again.
same for the other requests, don't know when i will be able to give comments.
gsteel: from seamico:
"GSTEEL’s long-term prospect gives a real bullish picture. It has been rising the 10-week MA line after the breakthrough of a down trend line at Bt0.80 and hit a new record high at Bt1.79 yesterday. A negative Hanging Man could trigger a short-term adjustment, but it should be considered a sound investment opportunity especially at the 10-week MA line of Bt1.60."
scrt4u,zorro what about noble,rs and w1,ifec,btc and w2 ,ck ?
thanks
pau
TRUE AND STEC?????
top: i would buy around 55
esso: trades just a few days, can't give a recommendation.
stec: i would sell and buy back lower around 3.6-4 or if it can close above 4.7.
tsth: forming a top, closing below 2.85 should give a target of 2.5 for a short rebound possibility but i think the best is to stay away.
tmb: still ok with stop around 1.35
noble: looks still bearish.
rs: looks still bearish, warrant same.
ifec: my chart is distorted by the par split.
btc: seems to react to the 75 avg now but a rebound could be shortlived up to the 25 avg. best is to wait a couple of days or use a very tight stop, maybe buying at closing today if it can hold in this area.
btc-w2 is too expensive.
ck: nice bearish triangle in the yearly chart, now near support around 7, resistance near 8. needs to be observed a few days if the support holds and some positive movement can be seen.
true: i suggested a stop of 4.8 which is broken today unless we see a strong rebound this afternoon. stay away unless it closes above 4.8.
To pau,
NOBLE: After five days of smashnng down the price, it has stayed horizontally for 3 days. Today SET dropped alot but noble holds strongly at this level. I blindly guess that it's preparing a small run-up. Buy with small position and tight stop. Good luck!!!
ANY VIEWS ON BUYING INTO NNCL-W1 AT THESE LEVELS TO AVERAGE OUT? INITIAL HOLDING IS ABOVE 1.6!! TKS.
thai political situation is getting worse again because of the stupid PAD and Sonthi.
i agree to hell with PAD!!!!!
BISON
nncl-w1: head and shoulder target to 0.9-1, now it is a bit too early.
for this and other stocks watch the rsi14 of the set reaching 25 to 30 to buy for a rebound.
Bottom fishing True possible for long term possitions target 12-15.
To all fellow investors - Clear your port and wait for the buying opportunity which will occur any day now. You are going to see blood on the streets. Make sure you have enough cash to go along this "buying bliz"
Good luck
I also reduced my position since ysdty, agree let's wait for fresh air to clean those dust & dirty people
samuel
guys you may look for hospital sectors, it's pretty stable recently BH, KH & BGH.
zorro, scrt4u, your view on AH, PE & WIN pls thx.
ueda
This comment has been removed by the author.
ah: still in downtrend and the upchannel since beginning of this year is broken, needs to show some sideways movement first to enter.
pe: while there could be a rebound around 0.9, i expect to see a new low.
win: no positiv signs yet but could be a chance to enter as the sideways channel support in the 1 year chart is reached. as the warrant will be delisted soon, we could see some action around the final exercise date in 1 month.
apure: reached the horizontal support i mentioned 2 weeks ago, wait for signs of a reaction to it before entering.
iec: failed at the resistance for the 3rd time, which is not a good sign, triangle support now close at 4.14 to stop out.
Whats happening with BLISS? good time to enter?
Thanks
Kris
To ueda,
AH: it seems in a small rebounce. Looking quite strong with the gap-up today. You may buy some with tight stop. Good luck.
This thread is closed. Please move to "Stocks discussion No.6 - 2008" to further our discussions.
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