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Latest Posts By TikTalk - Supreme      About TikTalk
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03-Mar-2021 17:42 Trading Techniques   /   The Trading Floor       Go to Message
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Will Dow close up 300 points or more tonight?
 

TikTalk      ( Date: 03-Mar-2021 14:38) Posted:

Will STI cheong thru 3000 convincingly this time?

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03-Mar-2021 14:38 Trading Techniques   /   The Trading Floor       Go to Message
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Will STI cheong thru 3000 convincingly this time?
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03-Mar-2021 14:34 Trading Techniques   /   The Trading Floor       Go to Message
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I mean KJG is as good as the others la....and I also mean dont know how to describe the differents too...
but all can eat except Fragrance I am not sure.

wavehunter      ( Date: 03-Mar-2021 14:21) Posted:

KJG, Bee Cheng Hiang, Fragrance and Lim Chee Guan all taste the same? 
Then it must mean one of two things.

The first is all of them really taste the same or the difference is so microscopic that only a virus can tell. 
The second is .......................... your taste buds are all screwed up. 

TikTalk      ( Date: 03-Mar-2021 12:33) Posted:

This year i tried KJG, cant tell the different between the BCH or LCG...lo


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03-Mar-2021 12:33 Trading Techniques   /   The Trading Floor       Go to Message
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This year i tried KJG, cant tell the different between the BCH or LCG...lol

TikTalk      ( Date: 03-Mar-2021 12:29) Posted:

Oh BCH not in my portfolio this year so didnt track its prices...new year prices should be around $50s or 40+ per kg

CheeryVGoh      ( Date: 03-Mar-2021 12:24) Posted:

Lol 

How much BCH selling at the malls or shops now? 


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03-Mar-2021 12:29 Trading Techniques   /   The Trading Floor       Go to Message
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Oh BCH not in my portfolio this year so didnt track its prices...new year prices should be around $50s or 40+ per kg

CheeryVGoh      ( Date: 03-Mar-2021 12:24) Posted:

Lol 

How much BCH selling at the malls or shops now? 

TikTalk      ( Date: 03-Mar-2021 12:17) Posted:

Your entry level for bak kwa also as good as wilmar....lo


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03-Mar-2021 12:17 Trading Techniques   /   The Trading Floor       Go to Message
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Your entry level for bak kwa also as good as wilmar....lol

CheeryVGoh      ( Date: 03-Mar-2021 12:15) Posted:

Bro Wave,

Bee Cheng Hiang, I bought at their factory at Senoko South Road @ 25.20 of minced Bak Kwa, 5 days before CNY, think  it was 10% cheaper than at the malls. 

wavehunter      ( Date: 03-Mar-2021 11:48) Posted:

That was what I said to them.
I posted a chart and drew a trendline and told them this stock is still on a downtrend until it can break above the downtrend trendline.
They laughed at me and one of them even said he disagreed with me and added that to him, this stock is already on an uptrend. 
And over at that thread, the more I tried to explain about what the chart says and about how stocks are never random but are
highly controlled by monkeys and how a stock can never rise if the only ones doing the buying are retail players, the more they
made salami out of me. Even today, if I go back there and tell them.... Didnt I say a bounce can happen only if a monkey appears
to do the buying (which happened at 1.06) and didnt I say how high the bounce can go is dependent on how high the monkey wants
to play (and he stopped playing at 1.59) and that if only retail buyers are doing the buying, this stock will trade to the downside (which
is happening again now....after touching 1.59 and monkey run road, she has since been falling and touched 1.28 this morn).... even if
I remind the toxic people there that all I have said have come to pass, they will still make minced Bak Kwa out of me even though CNY
is already over. By the way hor, NABEH.... Bee Cheng Hiang is still selling their Bak Kwa at CNY prices....NABEH. Me waiting for post-CNY
leylong to clear stock but no have leh. Nin Now Hiah


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03-Mar-2021 11:56 Trading Techniques   /   The Trading Floor       Go to Message
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Wait for bak kwa prices to correct lor...lol

wavehunter      ( Date: 03-Mar-2021 11:48) Posted:

That was what I said to them.
I posted a chart and drew a trendline and told them this stock is still on a downtrend until it can break above the downtrend trendline.
They laughed at me and one of them even said he disagreed with me and added that to him, this stock is already on an uptrend. 
And over at that thread, the more I tried to explain about what the chart says and about how stocks are never random but are
highly controlled by monkeys and how a stock can never rise if the only ones doing the buying are retail players, the more they
made salami out of me. Even today, if I go back there and tell them.... Didnt I say a bounce can happen only if a monkey appears
to do the buying (which happened at 1.06) and didnt I say how high the bounce can go is dependent on how high the monkey wants
to play (and he stopped playing at 1.59) and that if only retail buyers are doing the buying, this stock will trade to the downside (which
is happening again now....after touching 1.59 and monkey run road, she has since been falling and touched 1.28 this morn).... even if
I remind the toxic people there that all I have said have come to pass, they will still make minced Bak Kwa out of me even though CNY
is already over. By the way hor, NABEH.... Bee Cheng Hiang is still selling their Bak Kwa at CNY prices....NABEH. Me waiting for post-CNY
leylong to clear stock but no have leh. Nin Now Hiah.

TikTalk      ( Date: 03-Mar-2021 11:19) Posted:

Riverstone
High 2.45 on 7th August
Lower high 2.02 on 15th October 2020
Lower high 1.59 on 26th January 2021

Until you see a higher high meaning above 1.59, technically its still in a downtrend.

Low 1.45 on 11th Septeber
Lower low 1.06 on 15 December 2020

If we see new low then the downtrend is still intact.

Moving averages:
20MA is sloping downwards meaning short term bias is still for lower prices
Below 200MA (1.52) is not good from a longer term perspective, it needs to
close above this level, together with the recent high of 1.59 one can say that 
these two levels will be of significant thus keep an eye on it in determing its longer
term outlook.

Above based on daily charts, and the weekly charts also looks weakly for now.

Cheers


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03-Mar-2021 11:36 Trading Techniques   /   The Trading Floor       Go to Message
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One may think ok, new low say 1.00 and then may rebound from there to start the next uptrend.
Well its entirely possible but thats jumping the gun.
Then bro Wave can help answer them :Trade what you see and not what you hope to see."
Wait for it to U - Turn with strong buying as the monkey could be back.

The problem with technicals is like this, $1 dont buy must wait till it break $1.59 to register new high
then look to buy ar one may ask. Not really la, if one see new lows and there are bullish divergences
and strong volume buying one can start to think lo of buying, best with some news or catalyst la or 
another virus.

Above is just me talking to meself during planning if me is interested in Riverstone.
 

TikTalk      ( Date: 03-Mar-2021 11:19) Posted:

Riverstone
High 2.45 on 7th August
Lower high 2.02 on 15th October 2020
Lower high 1.59 on 26th January 2021

Until you see a higher high meaning above 1.59, technically its still in a downtrend.

Low 1.45 on 11th Septeber
Lower low 1.06 on 15 December 2020

If we see new low then the downtrend is still intact.

Moving averages:
20MA is sloping downwards meaning short term bias is still for lower prices
Below 200MA (1.52) is not good from a longer term perspective, it needs to
close above this level, together with the recent high of 1.59 one can say that 
these two levels will be of significant thus keep an eye on it in determing its longer
term outlook.

Above based on daily charts, and the weekly charts also looks weakly for now.

Cheers

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03-Mar-2021 11:19 Trading Techniques   /   The Trading Floor       Go to Message
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Riverstone
High 2.45 on 7th August
Lower high 2.02 on 15th October 2020
Lower high 1.59 on 26th January 2021

Until you see a higher high meaning above 1.59, technically its still in a downtrend.

Low 1.45 on 11th Septeber
Lower low 1.06 on 15 December 2020

If we see new low then the downtrend is still intact.

Moving averages:
20MA is sloping downwards meaning short term bias is still for lower prices
Below 200MA (1.52) is not good from a longer term perspective, it needs to
close above this level, together with the recent high of 1.59 one can say that 
these two levels will be of significant thus keep an eye on it in determing its longer
term outlook.

Above based on daily charts, and the weekly charts also looks weakly for now.

Cheers
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03-Mar-2021 10:45 Trading Techniques   /   The Trading Floor       Go to Message
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Aiya we all come from different backgrounds and with different experiences, maybe some
also dont understand what am I saying similarly I also dont understand what some are saying...wakakaka

 

wavehunter      ( Date: 03-Mar-2021 10:38) Posted:

Bro Tiktok and Sis elisa,

You both walk IN to Riverstone thread to say what you two just said here.
Will walk OUT as luncheon meat and ham. 

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03-Mar-2021 10:37 Trading Techniques   /   The Trading Floor       Go to Message
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Dont want la, I am sure some from these glove threads will come here as lizard.
I had been reading many individual counter thread and I am aware of how one feel
when one visit them, which is why I hardly post elsewhere, was tempted to at times
but pull hand brake...lol
 

wavehunter      ( Date: 03-Mar-2021 10:03) Posted:

Go to Riverstone thread to repost your entire post there.
Before you step in, wear body armour, helmet, knee guard and face shield. 
When you see how toxic that thread is, you will appreciate what we have here.
There....say what you sincerely feel and if it is what they want to hear, they will sing praises of you.
If it isn' t, you become trampled on, spat on and rolled over into luncheon meat. 
Its very farnie and cartoon and comical when you think of it.
There...lots of stuckists all stuck high high at 1.59 to 2.00 and some even higher.
Even if you are lying thru your testicles and dont believe an ounch of what you say when you say Riverstone is a super doopy good
counter which will blast off back to 2.00, the people there will cheer you, agree with you, salute you and you become an instant hero.
So long as you say bullish things about this stone, the stuckists there will love you. Becoz they are stone deaf to any other comments
which they do not wish to hear. They will accuse you of talking down the stock becoz you are looking to buy cheap and you are fear
mongering to scare weak hands to sell to you. They will call you a shortist...a this...a that...anything bad they will call you..... anything
but a Brompton fan and owner. 
 

TikTalk      ( Date: 03-Mar-2021 09:10) Posted:

" not forgetting we often realise months later that
a stock has peaked or bottomed."

Just went through these glove stocks again and they are getting hit badly again in recent times, then memory of 
what I wrote during 17th November period came to mind.

WYOB


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03-Mar-2021 09:10 Trading Techniques   /   The Trading Floor       Go to Message
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" not forgetting we often realise months later that
a stock has peaked or bottomed."

Just went through these glove stocks again and they are getting hit badly again in recent times, then memory of 
what I wrote during 17th November period came to mind.

WYOB


TikTalk      ( Date: 17-Nov-2020 21:39) Posted:

For example, Top Glove tried $3.18 three times between 7th August till 19th October but cant break above even without vaccine news.
But now 2 companies has announced vaccines with above 90% efficacy, therefore how to make new high for its uptrend to continue?
All those orders till 2021 or 2022 could end up as inventories for 2023 onwards, I am guessing, unless vaccine trials suddenly
stop due to safety issues, even then eventually herd immunity could be achieve or humans has to live with it like many other diseases/viruses
without cure to date. 

Technically, if one look at the weekly chart, in the last 13 weeks there were only 2 up weeks on a closing basis. This is a significant 
change from March 2020 to August 2020 when you can see more up weeks and less down weeks.

Therefore question is if Top Glove or other counters has or has not already fully priced ahead, not forgetting we often realise months later that
a stock has peaked or bottomed.

Think its time to ask some questions as to how you think Covid stocks can continue its uptrend. What does it takes to continue to be
bullish in this sector?

Counter trade with care if this turn out to be bear for this sector.
 

wavehunter      ( Date: 17-Nov-2020 20:59) Posted:

Yes, actually that' s a real concern. A very real concern actually. And a potentially heart-breaking and heart-wrenching concern.
There are tons and tons and tons of retail stuckists in all 4 COVID stocks. And in the stock market, when something is happening
and especially if it has just started and you are in it, you wont know and you cant see. Only when things start to turn awry and the
pain becomes greater and greater by which time your loss is too deep to cut that you will realise you are stuck in a stock which
has seen its best and that best is never ever going to come back. Then gone case ler.

All we need to do is to ask ourselves what if prices never recover? Yes, prices will still bounce and after that resume their fall. What
if COVID stocks are all on their way to the South Pole on a one-way ticket and on reaching the South Pole, they will pitch a tent and
settle down and live there for therest of their lives ? So if a COVID stock was trading at 10 cts or 20 cts for years day in day out before
COVID19 came, when the world has learnt to deal with this virus and demand for gloves return to pre-COVID days, then COVID stocks
will lose their shine and speculative value and also return to the levels they were at during pre-COVID days. And if that happens and say
you bought Miss Ugly at $1.10 and slowly but surely, she falls in the course of the next 2 years back to 10 cts, what will happen to your
capital? Yes, Miss Ugly wont fall to 10 cts in a straight line down. There will be dead cat bounces along the way on the way down. But
what' s the use ? Those meow meow dance wont be high enough to reach you for you to get out. The first bounce will fall short of where
your LONG is. After that she will continue to fall and move further and further away from you. Your paper loss will simply pile up and
become bigger and bigger.

Only one thing can stop this and turn COVID stocks into much sought-after rockets. And that is if Tua Phows, meaning funds, institutions
and high net worth retail investors come in to buy them in the thousands and hundreds of lots the same way as these Tua Phows buy a
good REIT in the thousands and hundreds whenever there is price weakness brought about by a fund selling to cash out or for portfolio
reshuffling etc. But have or not ? If dont have, and I believe wont have becoz Tua Phows are in for the long run. They will pour money into
something safe like banks and a good REIT when the price is right. They wont pour money into a stock which is driven up by pure speculative
play. And we all know that unless and until Tua Phows come in in droves to support a counter, based on  just speculation by retail bulls and
bears, no stock can rise and rise the same way banks and a good REIT can.

It is a fact that COVID stocks came into the limelight and shot up to the Moon like a rocket only becoz of speculative play. If based on
speculative play only to sustain its upmove, then history has shown that this will be shortlived. That being the case, this is indeed a game
of musical chairs. When the music stops, the ones who are carrying the baby will have to provide the milk and the diapers for as long as
they cannot being themselves to cut. And in this instance, COVID stocks can possibly lose 90% of their value when all the speculative play
behind this pandemic comes to an end. If you are still holding by then, you risk losing 90% of your capital. Dont let this happen to any of you.
 


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03-Mar-2021 09:00 Trading Techniques   /   The Trading Floor       Go to Message
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Good morning peeps..
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02-Mar-2021 10:55 Trading Techniques   /   The Trading Floor       Go to Message
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Congrats!

elisa28      ( Date: 02-Mar-2021 10:30) Posted:

Anyone on Sardine, just took profit @$22.30  laughyes

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01-Mar-2021 13:22 Trading Techniques   /   The Trading Floor       Go to Message
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If one accumulate enough reward points can redeem for it.

wavehunter      ( Date: 01-Mar-2021 13:18) Posted:

LimTan got give free market depth one mare?
I thought if you ask got free one or not Ah Lim will tell us to Tan.

kiseki_2818      ( Date: 01-Mar-2021 12:11) Posted:

for paid one, ask your brokers.
first ask your brokers got free one or not first.
if not, then ask can buy or not.
i am using limtan, just need to purchase online.
sometime limtan also give free market depth


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26-Feb-2021 23:36 Trading Techniques   /   The Trading Floor       Go to Message
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Dow futures -408
S+P futures -29
Nasdaq futures -52
Gold futures -47
VIX 30.13 +1.24

 
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26-Feb-2021 14:17 Trading Techniques   /   The Trading Floor       Go to Message
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Treasure Island 118

halleluyah      ( Date: 26-Feb-2021 13:05) Posted:

Tis morning phillips call to add wth tp 1.18...

TikTalk      ( Date: 26-Feb-2021 12:38) Posted:

I believe its heading in that direction north


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26-Feb-2021 12:38 Trading Techniques   /   The Trading Floor       Go to Message
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I believe its heading in that direction north.

wavehunter      ( Date: 26-Feb-2021 11:48) Posted:

Can reach $1.20 ?

TikTalk      ( Date: 26-Feb-2021 11:21) Posted:

RM can break 1.10 will be another technical positive, I think it will if not today if not next week its just a matter of time.laugh
 


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26-Feb-2021 11:24 Trading Techniques   /   The Trading Floor       Go to Message
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Dow -559 yst this one up 3 cts.....current momentum still good ar

TikTalk      ( Date: 26-Feb-2021 11:21) Posted:

RM can break 1.10 will be another technical positive, I think it will if not today if not next week its just a matter of time.laugh
 

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26-Feb-2021 11:21 Trading Techniques   /   The Trading Floor       Go to Message
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RM can break 1.10 will be another technical positive, I think it will if not today if not next week its just a matter of time.laugh
 
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