Latest Forum Topics /
ST Engineering
Last:10.57
+0.05
|
|
|
ST Engg
|
|||||
|
Shampain
Veteran |
05-Jan-2018 14:28
|
||||
|
x 0
x 0 Alert Admin |
Yup. i sold my last lot at that price as well. Waiting for pull back and see whether crop MA. Suspect low volume pushing it up | ||||
| Useful To Me Not Useful To Me | |||||
|
MichaelSchenker
Master |
05-Jan-2018 14:25
|
||||
|
x 0
x 0 Alert Admin |
Finally managed to get all in the Queue sold @ 3.33  Will buy back and add on if it dip again Good Luck guys, seems like quite bullish at the moment.  
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
MichaelSchenker
Master |
05-Jan-2018 07:53
|
||||
|
x 0
x 0 Alert Admin |
ha! Sometimes we are our own monkey....like, not paying attention, think too much, or never think at all, fingers too slow, mentally too emotional....... btw, BBs and monkeys dont win all the time. There are those who lost millions, difference is, it is not their own money. And it helps, they dont think too much, with some privileged data on hand and they just whack. At most they lose their job, but dont have to sell their houses. But of course Datuk Soh Chee Wen is one of the exceptions. I think he is still in custody. His ex-Wife can be considered as a BG (Big Girl)....lol, not B.B.
|
||||
| Useful To Me Not Useful To Me | |||||
|
wavehunter
Supreme |
04-Jan-2018 23:07
Yells: "Trade what you see, not what you hope to see." |
||||
|
x 0
x 0 Alert Admin |
But this stock has a monkey. Which means this is not only an index stock, which is important but also a monkey-controlled stock, which is lagi more important. Index stocks are blue chips. But not all index stocks will see volatility and experience big price swings. Only the monkey-controlled ones. Monkeys live on Earth, a planet they call home. The survival of the planet is the survival of the monkeys. Which is why monkeys will always take care of STE. Better known to you all as ST Engrg. But affectionately known to the monkeys as Save The Earth.  ![]() The monkey was away for quite some time. Becoz somebody big was selling. As the Chinese saying goes.... " One mountain cannot have two tigers" .  If somebody big was selling, why take him on and risk injury? When two tigers fight, both will bound to have injuries of some sort. The weaker tiger will sustain more injuries. So the monkey did the smart thing by staying away. And we saw how the price kena hammered from 3.86 to 3.16.... a drop of 70 cts.  Well, it has been quite a while since the price found its bottom at 3.16 and the selling has stopped. Which means the tiger who has been selling has left the mountain. This period coincided with Christmas and the New Year which is the usual festive season when funds and  monkeys are on vacation or lying low and not ready to make any major move. That has since come and gone. And Bear Hunting Season has reopened with the start of the New Year. That' s why we saw a more bouyant market today with higher trading volumes. Coz funds, monkeys and their large following of professional as well as retail traders are back in the market hungry for some action.  Whether a stock is a defensive stock is not that important. Whether it has a monkey, is. And this stock has a monkey. And her monkey is back in the driver' s seat. So sit back and relax and get ready to Tango. BUY ON PULLBACK.
|
||||
| Useful To Me Not Useful To Me | |||||
|
daxdax18
Member |
04-Jan-2018 21:37
|
||||
|
x 0
x 0 Alert Admin |
hesitated to buy at 3.20 cos defensive counters didn' t seem like they would do well in the growth story of 2018. But i guess a rising tide lifts all boats
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
ShowMeMoneyp
Member |
04-Jan-2018 21:23
|
||||
|
x 0
x 0 Alert Admin |
Haha so was SPH. Always a first time. | ||||
| Useful To Me Not Useful To Me | |||||
|
MichaelSchenker
Master |
04-Jan-2018 20:50
|
||||
|
x 0
x 0 Alert Admin |
Indeed, STengg is a counter which is Hard to Lose, especially to those with holding power. No, not big words. Throughout the year, if you are a keen follower, you will notice the ups and downs. Very safe counter which does not plunge overnight, biggest bonus is the 15 or 16 cents dividend each year consistently. It also act as a buffer to your principle sum invested. And if you notice it has gone up too high according to your gut feel, just queue up to Sell away some of your holdings, and if it&rsquo s done deal you can always buy back again when it dip. Quite consistent pattern. Btw, I am on the Sell queue now. (3.33 I will sell, 3.22 I will buy)  Quite an easy counter to play.... Good Luck
|
||||
| Useful To Me Not Useful To Me | |||||
|
wavehunter
Supreme |
04-Jan-2018 20:21
Yells: "Trade what you see, not what you hope to see." |
||||
|
x 0
x 0 Alert Admin |
CONGRATS on your Chup Chye Png harvest today. Its okay. Sell Chew sell leow. Money in your pocket Sio Sio is always a good thing. The next trade is another battle altogether... a new story...a new chapter. If there is a dip tomorrow, you follow that dip down and when it stops, you reload your rifle...cock it. And put to safe.  If there is no dip and instead, she explodes to the upside, to chase or not to chase the price will depend on your trading philosophy, your appetite for risk... and your hunger for excitement.    ![]()
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Shampain
Veteran |
04-Jan-2018 17:08
|
||||
|
x 0
x 0 Alert Admin |
Today volume considered ok? i sold all... then suddenly at closing got mass volume buy | ||||
| Useful To Me Not Useful To Me | |||||
|
investor7
Senior |
04-Jan-2018 13:26
|
||||
|
x 0
x 0 Alert Admin |
We' d never know, as wavehunter said, when it' s time the BBs accumulated enough, the sudden surge will be unstoppable, esp towards April when STE will give out dividends. around 10cts. and 5cts in Aug each year. | ||||
| Useful To Me Not Useful To Me | |||||
|
Shampain
Veteran |
04-Jan-2018 13:19
|
||||
|
x 0
x 0 Alert Admin |
Yup. Bought on recent dips. But the resistance and volume do show something. expect it come down alittle before full force chiong. sell to get some small profit to eat cai png | ||||
| Useful To Me Not Useful To Me | |||||
|
investor7
Senior |
04-Jan-2018 13:09
|
||||
|
x 0
x 0 Alert Admin |
Agree. it' s funny that ppl don' t buy at lower prices, but not scared to chase when it goes up v high. Buy a bit now, and hold lah. Got pay us dividends, twice a year somemore. I been holding and buying on dips for years.  |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Shampain
Veteran |
04-Jan-2018 08:06
|
||||
|
x 0
x 0 Alert Admin |
Thank you general wave. Listen to u. Leave 1 lot for long term look see look see. 
|
||||
| Useful To Me Not Useful To Me | |||||
|
wavehunter
Supreme |
03-Jan-2018 23:12
Yells: "Trade what you see, not what you hope to see." |
||||
|
x 0
x 0 Alert Admin |
For that to happen, she will have to break above her 200-ema and keep going after that accompanied by a surge in volume. From then on, any pullback should find support at the 200-ema which will by then become a resistance-turned-support. She will report full year results in mid-Feb and as in previous years, will likely to declare 10 cts dividends which will go XD in late Apr. Expect her to firm up from Feb to Apr. And if the monkey is willing, we will see 3.85 region in that Results cum Dividend Run. There are two ways to play. One is to simply wait for the monkey to start buying in big lots. Then you join him. By then, the monkey would have already collected lower to form a base... a launch pad for him to push this rocket higher. The second way is to buy slowly on dips. Her Last Low was 3.16. Now that the market has turned bullish, I dont think we will see 3.16 to 3.20 again. Any dips to 3.21 to 3.23 region... can nibble and keep. But if before this can happen, the monkey suddenly appears and do his multiple BUY-UPs in big lots, then join him to buy or miss the boat.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Shampain
Veteran |
03-Jan-2018 22:01
|
||||
|
x 0
x 0 Alert Admin |
Same. Curious abt tmr movement. This few days market very bull | ||||
| Useful To Me Not Useful To Me | |||||
|
yuzuisland
Elite |
03-Jan-2018 21:28
Yells: "red day buy green day sell" |
||||
|
x 0
x 0 Alert Admin |
Waiting for the day for the EMAs to turn into support instead of resistance, haha! Difficult for normal people like me (typically longists) to trade in a downtrend.
|
||||
| Useful To Me Not Useful To Me | |||||
|
wavehunter
Supreme |
03-Jan-2018 16:15
Yells: "Trade what you see, not what you hope to see." |
||||
|
x 0
x 0 Alert Admin |
3.29 : 3.30 but buyers are thinning out. Should consider taking some profits first at 3.29. | ||||
| Useful To Me Not Useful To Me | |||||
|
wavehunter
Supreme |
03-Jan-2018 15:11
Yells: "Trade what you see, not what you hope to see." |
||||
|
x 0
x 0 Alert Admin |
![]() Observations: 1. Her chart shows that her MAs have always been a good indication of where she would run out of fizzle whenever she attempted to rise. From left to right, previous levels where she found resistance and came back down was at her 50-ema... 200-ema...50-ema and 20-ema. Her 50-ema is at 3.30. Her 200-ema is at 3.45. Today she hit 3.30 and is currently testing her 50-ema. 2. Today' s  rise is not accompanied by a surge in volume. Compare her volume today with the last few sessions marked with a black circle. 3. However, the undercurrent in the market today smacks of a bullish tone. This will naturally make people hold on and less trigger-happy to sell. If you are happy with your profits and you cant monitor realtime to react to any sudden price movement, sell and enjoy your profits. Alternatively, sell half and keep the other half for more possible upside. If you can monitor full time, follow her up first. Sell if you see other traders throw back which can ignite a " You Jump, I Jump" situation. Her 200-ema is rather far away at 3.45. I dont think she has enough rocket fuel to go all the way there just yet without pulling back to refuel first. CONGRATS guys and all the best.  |
||||
| Useful To Me Not Useful To Me | |||||
|
rainbowman
Senior |
03-Jan-2018 11:21
|
||||
|
x 0
x 0 Alert Admin |
i believe his standing instruction is to wait for tsunami volume first.... hehe
|
||||
| Useful To Me Not Useful To Me | |||||
|
Shampain
Veteran |
03-Jan-2018 11:08
|
||||
|
x 0
x 0 Alert Admin |
i added some near 52 week low. I feel can hold or add more. Have to ask our general wave. He commands all hehe | ||||
| Useful To Me Not Useful To Me | |||||




