yesterday closing should continue with a green start pre-opening, too bad, it shows many early bird retailer already cash out, leaving those bought high
from 220-240, next few day selling will be stronger from t+2 of 240 high.
 
from 220-240, next few day selling will be stronger from t+2 of 240 high.
 
lp2000 ( Date: 08-Jun-2021 17:14) Posted:
|
Apart from the uptrending sector, I also think that the controlling shareholder could be interested to keep the stock above/around 200 now that it crossed that mark. Sure enough the BB can play on short time but ultimately if there is value and the stock is still undervalued as it looks like, there is more room to grow higher.
250 was a line not easy to cross considering the short period since the stock surged and I guess there was a lot of profit tak eone said earlier, perhaps to cross 300 after this drop/correction and after is consolidating on its 200 position.
@955
 
250 was a line not easy to cross considering the short period since the stock surged and I guess there was a lot of profit tak eone said earlier, perhaps to cross 300 after this drop/correction and after is consolidating on its 200 position.
@955
| Last Done Price |
0.200
|
Volume |
1,755,100
|
| Change |
-0.005
|
%Change |
-2.440
|
| High |
0.205
|
Low |
0.192
|
 
| Bid Volume | Bid | Ask | Ask Volume |
|---|---|---|---|
|
155900
|
0.200
|
0.205
|
571500
|
|
20000
|
0.199
|
0.210
|
664800
|
|
1800
|
0.198
|
0.215
|
555000
|
|
35000
|
0.197
|
0.220
|
941600
|
|
19800
|
0.196
|
0.225
|
714700
|
 
lp2000 ( Date: 09-Jun-2021 09:25) Posted:
|
You would never know until they strike...Agree, it is a lower volume today so far indeed, but in many other days happend the same, a slow start with a storm coming later...
Due_Dilligence ( Date: 08-Jun-2021 17:40) Posted:
|
I think BBs have cashed out.
Contratrader ( Date: 08-Jun-2021 17:14) Posted:
|
At least brings more hope for a better tomorrow...
ssw518 ( Date: 08-Jun-2021 17:09) Posted:
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Good to see red bar after 3 long green bars, closed at 205 not bad closing ..still not mati yet
..if tomorrow can open up and closed green bar ..think show continues..Let' s see how ' powderful" the BBs..
..if tomorrow can open up and closed green bar ..think show continues..Let' s see how ' powderful" the BBs..
BB very nice hor.....
ssw518 ( Date: 08-Jun-2021 16:58) Posted:
|
hope BB' s pocket is deep to suppot closing at 20, for the sake of newbies
I guess many who bought Net Pac have taken profit that' s why the retrace
for fear of another similar Metal Comp episode
for fear of another similar Metal Comp episode
kiattttt ( Date: 08-Jun-2021 16:52) Posted:
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today first black candle, if tomorrow drop again then.....someone chart confirm correct liao.
kiattttt ( Date: 08-Jun-2021 16:45) Posted:
|
Doesn' t look too good as Net Pac and Metal Com retrace will more or less affect the movement for CFM as well 
kiattttt ( Date: 08-Jun-2021 16:45) Posted:
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Many may have contra off during the run-up
those who bought yesterday after 2pm were stucked for now
those who bought yesterday after 2pm were stucked for now
Tmr 140M due date for those that still wishes to contra. Let' s see how well CFM can absorb or will it retrace further tmr
don' t just look at MD, must look at how the q qty move n actual done, a lot of times buy is 100 but q qty disappear by a lot more, trying to fake a lot of buy / sell.
lp2000 ( Date: 08-Jun-2021 16:27) Posted:
|
Market dept at buyer side no support highest is 200 lots at .199 
lp2000 ( Date: 08-Jun-2021 16:27) Posted:
|
&ldquo The human heart is the most deceitful of all things,
and desperately wicked. Who really knows how bad it is?
and desperately wicked. Who really knows how bad it is?
Just be careful
dont be enticed by a false queue
dont be enticed by a false queue
lp2000 ( Date: 08-Jun-2021 16:27) Posted:
|
agree. I believe there are orders of all kind lined up there, there are also people who just wait to place their orders to strike the right price if it moves in the right direction...
 
 
giftedmind ( Date: 08-Jun-2021 16:16) Posted:
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Then again market depth can be deceiving
lp2000 ( Date: 08-Jun-2021 16:13) Posted:
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It seems to me now that it is consolidating around 200 in an uptrend. Although it is a very week buying queue below indeed...which could be risky to give more support, so can drop for a while, but I guess with a quick come back too.
Meanwhile, the resitence wall which used to be thick at 205 moved now higher to 215/220 so if broken, we may have another surprised surge at the closing...Always DYOD
Meanwhile, the resitence wall which used to be thick at 205 moved now higher to 215/220 so if broken, we may have another surprised surge at the closing...Always DYOD
giftedmind ( Date: 08-Jun-2021 15:42) Posted:
|