Latest Forum Topics /
Sri Trang Agro
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Thai Sri Trang sets IPO price at S$1.20
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cookiemonster
Member |
02-Jul-2020 17:52
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Technically, the price for Sri Trang has tripled since April. Maybe many of us have too high hopes so now all abit zzzz Today' s shoot up is due to the hype of new IPO listing, price fall back down because many are taking profits Don' t be disheartened, Gloves are still an uptrend and we will still see a steady growth for the rest of the year 
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DooDoo
Senior |
02-Jul-2020 17:46
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Does anyone knows whats the background of the company? Why other glvoes stock are rallying but this... | ||||
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Bintang
Elite |
02-Jul-2020 17:39
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STA started from $0.40 to reach $1.75 , it retraced to 23.6% Fibo level at $1.44 intraday before closing at $1.49 . With the Bid volume and Ask volume are quite balance and huge, we would see the share prices to hover around this level for the next few days. Only beating the critical resistance at $1.75 , then a new uptrend would resume.
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Andynkl
Senior |
02-Jul-2020 17:25
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Agreed.. Hope the price can consolidate around $1.50+ and move up soon.. Stay positive. | ||||
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Bintang
Elite |
02-Jul-2020 17:22
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Since STA is a good stock , minor correction is no harm to its long uptrend. As the share price was going up too fast and too soon , it pulled back immediately for a technical correction . It retraced back to its old high at $1.49 is reasonable.
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Contratrader
Elite |
02-Jul-2020 17:20
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dont worry bro..few contra trades .. no position already ..from making to losing ..to make a little bit. bought from1.60s to 1.40s,,v volatile..expected the swing especially thai ipo day..many traders and BBs inside ....hope to bargain hunt at 1.4c tomorrom..
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Luke1923
Senior |
02-Jul-2020 17:12
Yells: "The Lord is my Shepherd; I shall not want." |
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Based on what happened today, tmr will be another similar day. Even it goes up, will be just a few pips. If not, what they achieved today will be futile.
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Stockerman
Member |
02-Jul-2020 17:12
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Longist here..
Been to 1.1x before.... So just hold on tight.. |
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Sg2022yu
Veteran |
02-Jul-2020 17:10
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Indeed, spoilt a remarkable day just lidat... if it close at 1.6 or 1.7 its consider worth celebrating!
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1c2e3s
Veteran |
02-Jul-2020 17:06
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its not about that.just pekchek with manipulator   
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ming1220
Member |
02-Jul-2020 17:06
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Q nvr get out at 1.5x, i think gonna hold for a long time again | ||||
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JY0064
Senior |
02-Jul-2020 17:05
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This one got big cashflow problems, I guess. | ||||
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LilSpark
Member |
02-Jul-2020 17:04
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hopefully we have a revised TP from a new analyst report soon.. that will help to anchor the price a bit | ||||
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AaaMmm
Member |
02-Jul-2020 17:02
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I regret not to short this morning...haiz | ||||
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a79991
Veteran |
02-Jul-2020 17:01
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Very bad closing!!!!  | ||||
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Sg2022yu
Veteran |
02-Jul-2020 16:57
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Hope not many contra ppl here yest / or this morning... the next 2 days will be a test of your faith... the bros had shared their sentiments and fundamentals of the company.. if you want to hold on to it,, suggest you dont look.. or the price movement may make u make decision u will regret..  recall why you buy it in the first place..  if you are here thinking of quick bucks.. then probably you need to ask whether you can hold.. some very manipulative bb inside...
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ahxin99
Member |
02-Jul-2020 16:55
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1.49 defence broken.  | ||||
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Contratrader
Elite |
02-Jul-2020 16:51
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see can get 1.40 tomorrom or not.. | ||||
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SQueeze
Master |
02-Jul-2020 16:48
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See MasterYuan' s chart below.  $1.49 is the defence. tested twice three times today and it still stands. I am hanging on to this overnight. Today DOW looks going to be very green and we will all go up tomorrow following the chart, next stop is $1.70. 
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a79991
Veteran |
02-Jul-2020 16:45
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The last defence at 1.5 was broken....
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