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YZJ Shipbldg SGD
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Cruising with the ship ..Yangzijiang
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earlybird14
Supreme |
12-Jun-2015 15:25
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Break 1.43 which hourly chart midbollinger and move downward. The low bollinger become 1.38, no more 1.4.  Day bollinger start to move downward. Next week down may be accerelate if 1.4 is broken and low bollinger will widen and widen and push the whole bollinger band to completely downward which will attract more shortseller to join the shorting party. For reference only, i may be wrong. |
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earlybird14
Supreme |
12-Jun-2015 09:20
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now focus shift to YZJ. come down from mid bollinger, sign of downtrend reform. The bollinger will move to downtrend day by day from today and low bollinger will be squeezing lower and lower and form a complete downtrend, price will keep on chasing the low bollinger till it meet and form a possibility of technical bounce, bounce will hit mid bollinger or upper bollinger and continue to move down day by day. This is the complete downtrend cycle that I   am looking for. Hopefully it can achieve. This is cruel to long holders or investors, but i am just stating the possibility of next 6 month trend. good luck to holders.
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earlybird14
Supreme |
12-Jun-2015 08:49
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Nomura desperate in unloading.
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earlybird14
Supreme |
12-Jun-2015 08:44
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Earlybird not aiming dropping a while only. Earlybird aiming a whole downtrend cycle on yjz.
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frozentouch
Member |
11-Jun-2015 22:40
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Every' s here to make some $. I don' t mind it dropping a while for earlybird and those who short to earn some money, as long as i get to earn my in the medium to long term. =) |
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Yangsogood
Senior |
11-Jun-2015 18:55
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earlybird14
Supreme |
11-Jun-2015 16:57
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Oh, doesn' t matter. Nothing is rubbish. Even rubbish, some of them also can be recycle and become useful thing.  oh, talking about wolf story. Do you think this is applicable to stock market? Big players always want us to think now is bottom or peak, but he bring to higher or higher or lower to lower, till the real wolf come and turn the whole thing.  So, what' s wrong with wolf story? the big player is using it. Let' s see if YZJ will be pushed to below 1.445 or not before closing. now chance is 50-50%.
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YZJSupporter
Member |
11-Jun-2015 16:51
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encourage ur son to talk more provided ur son don always talk rubbish lah.....Its like the wolf story....keep telling till the wolf come......sheeps also fall asleep liao....
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pretarious
Senior |
11-Jun-2015 16:51
Yells: "Avoid those who profit on your greed or your fears" |
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Check out Yoma strategic today. 
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ascend88
Master |
11-Jun-2015 16:48
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SINGAPORE (June 5): Nomura reiterates its " buy" recommendation and $1.70 target price on Yangzijiang Shipbuilding Holdings as it likes the ship builder' s revenue visibility from its orders in hand worth US$4.6 billion. Nomura notes that Yangzijiang' s management has reiterated their target of securing $2 billion in new orders in 2015 after announcing orders worth $373 million in the first quarter. |
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earlybird14
Supreme |
11-Jun-2015 16:45
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No really, my position is created short YZJ at 1.445. My view on YZJ is unchanged. I just share my trading experience only. I just agreed with pretarious, the chart show sideline trend now. But i foresee next week become downside trend. It has to break 1.4 to form downside trend. Sorry, Silence is never gold. This is my father taught me and i found it is totally wrong. I encourage my son to talk more and no shy to share opinion with other. The more you share, the more feedback you get, the more you learn and be open with all the comments no matter good or bad.
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YZJSupporter
Member |
11-Jun-2015 16:39
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Silence is gold for your situation lah. Do wat u like and keep quiet instead of coming here to confuse ppl. Now everyone start to realise that price goes opposite in every call u make.
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earlybird14
Supreme |
11-Jun-2015 16:37
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Agree with you. since last bounce from 1.4, chart become sideline. But I don' t want to miss the chance, so i shorted again. May be i abit rush, think again, my action on YZJ shall be tomorrow. I should not do 2 trading at the same counter at the same day, my failure rate is quite high by doing so. Sometimes, I just cannot control my emotional. Patient is gold in trading.
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ascend88
Master |
11-Jun-2015 16:33
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1.455 :) | ||||
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Yangsogood
Senior |
11-Jun-2015 16:27
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pretarious
Senior |
11-Jun-2015 16:22
Yells: "Avoid those who profit on your greed or your fears" |
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In support of Early, most of the times he is in market direction except when he looses sight and tries to justify himself. e.g. Industry is down = true, YZJ is down as its highest is hit = untrue. YZJ hit 1.5 = true, potential to rise further is not yet validated, so potential to go down in neither true or unture.  It is now top 10 yards in the world and rising. I havent found any catalyst news item yet, but price of steel is going down which bores well for industry for next quarter.  Nevertheless I am not into a short term/mid-term on this hence current price movements are sideline type movements for a 10 months horizon. 
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YZJSupporter
Member |
11-Jun-2015 16:16
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Don need any reasons, ur analysis is good enuff to hold....haha
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earlybird14
Supreme |
11-Jun-2015 16:12
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i will not be able to post my every single trading and decision since i am playing with CFD, a fast decision is important for my profit level and cut loss level. My overall comments on YJZ is avoid now for long term. This is not a stock to hold after peaking at 1.50. The industry is so bad that you can' t even give a good reason to analysts to push this stock up further but plenty reasons to push down.  
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earlybird14
Supreme |
11-Jun-2015 16:07
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No really, compared to other analysis, my trading system is much simple. My focus is on noble today. Because the one is a big opportunity. YJZ is a slow motion type.
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YZJSupporter
Member |
11-Jun-2015 16:05
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Ur analysis is too complicated. To make it simply and easy, just indicate when u short or cover back ur short, rest we will know wat to do.
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