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ST Engineering
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ST Engg
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SuperLuckyCorn
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19-Jan-2018 10:34
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Fire..Fire...Fire.. Chiong ah....336.   |
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Shampain
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19-Jan-2018 10:33
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Same. Loaded some. All ready to rocket
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SuperLuckyCorn
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19-Jan-2018 10:22
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Ok. Get ready liao. Standby artillery... Standby bomber... Standby fighter jets... Standby aircraft carriers... Standby...boom boom.  
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MichaelSchenker
Master |
12-Jan-2018 12:47
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Mid day close 3.32 (-0.010) Hi 3.36, Lo 3.31 5 cents difference. That means I would rather queue than buy directly. Still waiting, even though it&rsquo s Friday. We will never know.   |
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MichaelSchenker
Master |
10-Jan-2018 11:46
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Recovery is fast. Now back to 3.34 Buy back/add on queue 3.27? Any hope?
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TenPips
Veteran |
10-Jan-2018 11:44
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Back in the game at 3.30. Queued since a few days ago.  | ||||
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MichaelSchenker
Master |
05-Jan-2018 17:14
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Oh..I predicted wrongly. anyway, still happy to log in some profits. if it reached 3.4+ I will sell another tranche. But meanwhile looking forward to replenish again. Cheers for the weekend!
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wavehunter
Supreme |
05-Jan-2018 16:49
Yells: "Trade what you see, not what you hope to see." |
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That' s quite normal. Becoz when a prior upward momentum is greeted and disrupted by profit taking, it creates a downward bias which makes people more willing to sell and less willing to buy. And this creates a contagion effect on those who were undecided whether to sell but on seeing prices depressed by a situation of supply exceeding demand, they become scared and also come out to sell thereby compounding the oversupply problem. Also, today being a Friday, traders who are looking for a window to play will say... " Since its the weekend, might as well wait till Monday" . And more so for CFD traders who can save on 3 days of interest charges from Friday to Sunday. That' s why on a day like today, the closing is expected to be soft. But nothing to worry about. Its normal. The underlying bullishness of the market is still there. Waiting to be unleashed next week. 
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MichaelSchenker
Master |
05-Jan-2018 16:18
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Final hour seems week. Dont be surprised if it closes Red today... (Guessing only, not trying to create fear) |
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wavehunter
Supreme |
05-Jan-2018 15:41
Yells: "Trade what you see, not what you hope to see." |
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Another one is CapitaMall Trust, another daughter from the same mother... Capitaland. Last High at 2.17. Today, she is doing a pullback and low so far is 2.08. Current price is 2.09 : 2.10. Likewise she is paying one quarter of dividend at month end. Around 2.78 cts. This is her 6-Mth Daily chart. ![]() As you can see, she tends to find support at her 20-ema or 50-ema or 200-ema. When one fails to provide support, the next MA will come in to provide a 2nd line of support. And if that fails too, then a 3rd. And so far, it has worked well. Even when she falls below her 200-ema which is the last line of support, she doesnt stay there for long. In no time, she would be up again and would recover and trade to the upside. And this is what we want when we choose a stock to play. We want a stock which can recover quickly even if we go underwater. That way, we know we wont have to LOON for long.  She is now sitting on her 50-ema which is at 2.09. If this support holds, she will recover from here. If this support fails, the next support is at 2.04 where the 200-ema is. So BUY at 2.09 and if she dips, ADD at 2.04. And if she dips some more, just hold your breath meantime until her bad breath blows away.    ![]()
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wavehunter
Supreme |
05-Jan-2018 15:25
Yells: "Trade what you see, not what you hope to see." |
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Okay. But do stay with her. By month end, she will revisit her Last High at 2.05. At 1.97, upside is 8 cts. At 1.93... lagi even better... 12 cts. But can get or not is the thing. We hope for the best and grab whatever the market gives. After that, wait for Pay Day.    ![]()
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Shampain
Veteran |
05-Jan-2018 15:09
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Thank you bro. I was queueing for this at 1.97 but unfortunately no fish come in yet. So i looking at other possible ones as well. Thanks bro
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wavehunter
Supreme |
05-Jan-2018 15:05
Yells: "Trade what you see, not what you hope to see." |
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Not Sifu but I will respond to your request for satellite spy pictures. CapitaComm Trust (CCT) is a good REIT. She is paying not one but 2 quarters of dividend at month end becoz she has a policy of paying dividend bi-annually. Around 6+ cents. She hit a high of 2.05 today and then retreated on profit taking to now 1.97 : 1.98. Her 20-ema is at 1.93 and that is the preferred level to enter but whether there are enough weak hands to sell her down to that level or not is another thing. Fans of CCT all know she pays 2 quarters of dividends at one go plus she is well known for being able to rebound to her pre-XD high after going XD. Not immediately on XD. But in time. Which is why fans of this counter usually keep her for both dividends and capital gain by holding on to her longer. Do your own snoop around and study her chart before you act. ![]()
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TenPips
Veteran |
05-Jan-2018 15:03
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Thank you. Definitely looking to jump back into the game. But if I miss it, that' s fine. Many fishes out there that may require lower commission for same rate of return.
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wavehunter
Supreme |
05-Jan-2018 14:56
Yells: "Trade what you see, not what you hope to see." |
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Its okay to take profits. It is very good for morale. It puts food on the table too. CONGRATS. Having taken profits, your next task is how to get back into the game so that you dont miss the rest of the upside. Having the mental strength and bola to jump back in at a lower price, if you can, and if you cant, then so be it if have to pay a higher price, so that you remain in the running for more gains.
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MichaelSchenker
Master |
05-Jan-2018 14:54
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That is right, we cant win them all to the max. But at least its a win.  Congrats all winners! |
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Shampain
Veteran |
05-Jan-2018 14:53
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i saving bullets for now. But not studying much stocks to see where to put my money. Any Shi Fu got any possible stocks for me to study? | ||||
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TenPips
Veteran |
05-Jan-2018 14:50
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I' m one of the short term trader who took profit even though I know it has room to go up. Closed my 3.23 at 3.36 to limit exposure/reserve bullet. Still left some loaded above 3.40. Confident it will be above water as time draws nearer and nearer to April.  |
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wavehunter
Supreme |
05-Jan-2018 14:42
Yells: "Trade what you see, not what you hope to see." |
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Woooooah !!! Hit 3.37. When I started writing my previous post, the high then was 3.34 niah and the price was at 3.33 : 3.34. Like I said, we will be seeing this fellow doing higher highs going forward. But there will still be pullbacks on the way up. Becoz UP or DOWN, stocks do not move in a straigth line. When short term traders take profits, the price will pull back. When the profit taking stops, so will the pullback. And that' s the time for those who want to participate in the next rally to move in. Have fun guys and Happy HUATing !!! |
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wavehunter
Supreme |
05-Jan-2018 14:35
Yells: "Trade what you see, not what you hope to see." |
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Across the market, there is profit taking today. When short term traders take profits, prices are bound to pull back and this will open up a window for bargain hunters to participate in the next rally. She pulled back to Day Low at 3.27. Now 3.33 : 3.34 and volume is as high as yesterday when there was a broadbased rally. Those who had the bolas to jump into today' s dips are now in the money. Now that the market has turned bullish, we should be seeing prices doing higher highs and higher lows. Those who prefer to BUY & HOLD can do that plus ADD ON PULLBACK. But those who prefer to trade and jump in and out can  BUY ON PULLBACK and SELL INTO RALLY.  She has managed to break above her 50-ema at 3.30 and touched Day High at 3.34. If she can maintain her lead and close above 3.30, then 3.30 being a former resistance will become a support level.
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