Latest Forum Topics /
YZJ Shipbldg SGD
Last:3.54
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Cruising with the ship ..Yangzijiang
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earlybird14
Supreme |
30-Sep-2015 10:10
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or put thing short and clear. Resistance level at 4hr 1.14-1.145. Support level 1.11-1.12, broken, next support level is 1.05-1.06
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earlybird14
Supreme |
30-Sep-2015 10:05
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hit 4hr chart resistance at 1.14-1.145. Price come down. EB miss the boat to short, if 1.11-1.12 is broken, highly likely move down fast to 1.05 again.  Not position, just share what EB view on the chart. |
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niteowl68
Elite |
29-Sep-2015 16:28
Yells: "God Bleess You" |
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TP on some and the bigger buyer is from Instinet n BNPPS. 
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FATABA
Supreme |
29-Sep-2015 14:07
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Thanks anyway.....interesting.
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niteowl68
Elite |
29-Sep-2015 13:48
Yells: "God Bleess You" |
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As my order is quite big, sellers came from CLSA, Credit Suisse, CIMB and UBS.. cannot see for another broker firm.. 
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FATABA
Supreme |
29-Sep-2015 09:54
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Care to share who are the sellers ?  Thanks
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niteowl68
Elite |
29-Sep-2015 09:35
Yells: "God Bleess You" |
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Picked up some at 1.09 as some BB also competing to buy as keep adding to 1.09 Bid Q... huat Ahh!  |
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niteowl68
Elite |
29-Sep-2015 09:31
Yells: "God Bleess You" |
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Yzj broke thru 1.11 support today.. affected by poor sentiment from Dow correction overnight.   Now Bid 1.09 Ask 1.095 .. getting interesting for me as I had sold out and taken profit at 1.20 level.. will watch to jeep later at reversal point once weak holders are flushed out as Buy at max fear.   |
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granto
Master |
28-Sep-2015 09:55
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Yangzijiang Shipbuilding teams up with CSBC:  http://splash247.com/yangzijiang-shipbuilding-teams-up-with-csbc/ |
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william6891
Member |
27-Sep-2015 23:32
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Thanks for your sharing EB!! In fact, you taught me alot. I shorted at 1.185, I remember you enter at 1.2, i missed that part. Then last Friday I covered at 1.12. I was supposed to cover at 1.13 too, just waited few more minutes to see how it goes, then the price brought down to 1.12, but the volume was so fragile, i quickly cover and leave this trade. Yeah, as a newbie, I' m trying to learn as much as possible, thanks EB.  
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earlybird14
Supreme |
27-Sep-2015 22:43
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Open chart bollinger band, RSI look at week, day, 4hr chart 1 by 1, you will understand what EB said and how EB made use chart and use own trading strategy to enter trade, take profit and earn money.
You can achieve the same as well, in fact, stock can't run out from chart which show markets sentiment think about the stock through supply and demand theory, fundamental-the industry outlook, book and balance sheet, plus overall market sentiment like SSE rally to 5000 push YZJ up to 1.5 to week chart overbought, when SSE turn down from 5009 to 3000, YZJ will just follow accordingly. Don't fall in love with stock, do your own judgement by beating analysts and superior than them, earn your money. All the best.
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earlybird14
Supreme |
27-Sep-2015 22:31
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YZJ came down strong from 1.5 all the way down to 1.05 was due to week chart overbought, week chart overbought will result a strong downtrend which can last for week, this was why EB were determined to shortselling YZJ from 1.5 till 1.05, 1.05 became week chart oversold, so EB cover my short. Then YZJ turn to 4hr oversold at 1.2-1.23 and touch day chart upper bollinger, this is double confirm reversal trend or strong trade in term of day trade. EB cover short at day chart support at 1.13 but chart move down continually, 1.115 and bounce back to 1.13. EB ability is on here, I can't really can predict it to go 1.115 since market sentiment drive it down.
But golden rules are never changed, buy and cover short at support level, take profit and shortsell at resistance level, no matter day trade, mid term long term all have to follow it, when you enter a trade, we must tell ourselves clearly that this is going to be a day, mid term or long term. Be clear and set target, see chart and be determined on decisions and don't greedy!!!
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earlybird14
Supreme |
27-Sep-2015 22:06
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Bear in mind, guessing a direction of a 50-50% chart is quite risky, since the price become market driven instead of chart driven. Market sentiment rely on news from gov, wallstreet, industry figure, sentiment and etc which can go any direction from now on.
Only a strong trade can beat the overall market sentiment, go to the direction it supposed to go like what YZJ did from 1.05 to 1.23 from oversold to overbought and come down from overbought to oversold and stay neutral now at 1.13 support level.
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earlybird14
Supreme |
27-Sep-2015 21:50
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From here, EB don't want to give any guidance since it is dropping from an overbought level at 1.23 till oversold level at 1.115 and bounce up to stay at day support level 1.13 level. I don't find strong trade from now on, so this become a 50-50% chart.
I earned, i left, keep looking for other strong trade. Will be back if YZJ strong trade appear again.
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william6891
Member |
27-Sep-2015 21:44
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EB what' s your views on tomorrow day trade in YZJ?
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earlybird14
Supreme |
25-Sep-2015 11:00
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Cover short 1.13. Trade close. If it cannot support from here, EB will be back.
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earlybird14
Supreme |
25-Sep-2015 10:43
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1.13-1.135, last level pressing. Gambatech.
1.2 to 1.135 6.5 cents minus 2.5 cents, earn 4 cents this round. Wait and see if shall i stop my short trade here.
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earlybird14
Supreme |
25-Sep-2015 09:27
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Fighting at day support 1.135-1.14, if break see 1.1
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earlybird14
Supreme |
23-Sep-2015 16:44
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still 1.145-1.15
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earlybird14
Supreme |
23-Sep-2015 12:38
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STI dropped today, the RED has to be contributed by somebody in Top 30. STI listed doesn' t mean it will not come down. Who weak, who will come down to be the victims. Is YZJ one of the victims? based on ther STI top 30, a 1.7% drop is moderate, more than this level, it imply YZJ is the weakest. Let' s see who is the weakest among top 30, so long as it is weakest, so long as STI drop, first 1 to be targeted, the last one is noble.
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