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CICT, westgate tiok covid liao...closing fr 2 wks....

TikTalk      ( Date: 23-May-2021 14:51) Posted: For Bro Wave and all keen on reits. CICT - Short, medium & Long term view Short term : Trade within support at 1.90 to resistance at 2.14/2.17 A break above resistance could see a test at 2.25/2.30 A break below support could see a test at 1.80 Midium term : Anything near 180 will be a decent buy for position trade. Long term : A monthly close above 2.30 will see a test at 2.60(high) to possibly 2.80 assuming a break of 2.60. If support 1.80 broken can buy near 1.70 for buy and hold, as the major uptrend line is still intact. 1.60 will be a dream price. All the bre@st

 

Yo Wavetrader bro, miss the Willas Array days in SI...wonder if its still alive. Haven' t seen it for a long while!

wavehunter      ( Date: 23-May-2021 10:14) Posted: Duke already taken then you should have next chosen Willas-Array. Wahahahahaha....... Howdy there, old friend Duke of Singapore. Ho Say Boh ?    Duke1234      ( Date: 23-May-2021 07:57) Posted: Hahah, it was supposed to be just Duke...but nick was somehow taken already, bopian :

 

For Bro Wave and all keen on reits.

CICT - Short, medium & Long term view

Short term : Trade within support at 1.90 to resistance at 2.14/2.17
A break above resistance could see a test at 2.25/2.30
A break below support could see a test at 1.80

Midium term : Anything near 180 will be a decent buy for position trade.

Long term : A monthly close above 2.30 will see a test at 2.60(high) to possibly 2.80 assuming a break of 2.60.
If support 1.80 broken can buy near 1.70 for buy and hold, as the major uptrend line is still intact. 1.60 will be
a dream price.

All the bre@st

 

For Bro Wave and all keen on reits.

I will do one on MCT and most reits essentially move in tandem amid some will outperfom
and some will underperform, that you have to do your own due deligent.

I have divided MCT with 3 horizontal line into lower, mid and upper price levels. We wont focus on
the two shaded areas of high and low pre and post pandemic level as its unlikely to go back
down to the lows but there will be chance to revisit the high when majority of our popullations 
around the world are vaccinated and a return to a new normal.

MCT has now move to zone A the upper range as we begin to recover from early pandemic to
a slow re openning of our borders but upside has been capped by concern over higher interest
rate and a resurgence of covid cases of new variants that delaying our progress to open up
the economy.

We are likely to trade within zone A with a bias of a gradual move higher above zone A to revisit the pre 
covid high is my current opinion base on what I can see on the assumption of eventual new normal.
Of course if there are no unforseen circumstances from the US market, although it seem to have stabalise
or a new more deadly virus.

All the bre@st.

 

Comfort Delgro - TAXI

Before this resurgence of covid cases and a return to phase 2 I thought this TAXI
is going north like in May 2014(green arrow), because Comfort had 8 or 9 consecutive
up week before this current sell-off.

If not ready to park your funds in a laggard then this TAXI is not a good ride for you as I
do not know how long this covid is going to pressure this TAXI.

Trading it is still ok if one can find the range.

A narrower range will be between 1.45/55 to 1.70/75, a wider range will be 1.30 to 1.75, a monthly close 
above 1.75 will be positive. 
To return to last low of 1.30 is quite unthinkable at least for me.

My horizontal is to divide where are the playing fields, upper or lower range, the green and red arrow too 
suggest we stay above or below the horizontal lines.

All the bre@st

 

Boss TT,

In view of the above, some bros and siss will be worried about CICT, MCT and other retail REITs they are vested in.
So you may want to offer some TA perspective.

 

HELLO Sunday

S-ipeh T-ekong  La....S ingapore T elecommunication L imited

Weekly Chart
If you can catch the range between 2.30 to 2.55/60 also S ipeh T ekong L e..
See the good in it instead...spread positiveness, healthy mind healthy body.
Just need to manage our expectation and all is good. Yes, we all knew the cons but there 
are pros also when the day comes...." beauty is in the eye of the beer holder" ..

All the bre@st

 

Duke already taken then you should have next chosen Willas-Array. Wahahahahaha.......
Howdy there, old friend Duke of Singapore. Ho Say Boh ?   

Duke1234      ( Date: 23-May-2021 07:57) Posted: Hahah, it was supposed to be just Duke...but nick was somehow taken already, bopian :P TikTalk      ( Date: 22-May-2021 20:42) Posted: Bro Duke1234, Looking at your name I recall getting this Bicentennial note at the bank counter....a ladder serial number

 

Boss TT,

Just a small suggestion.
To get around the forum software rejecting our posting becoz we use the word .......breasty....,
for our cwn convenience, can just type...... brreast.... or breasst or breastt and it will solve the problem.
Same for SEXF......
I just type sexx or SEXx for convenience. 
And if you are wondering how I managed to type .....  breasty. ..... and .......SEXf ..... without getting my posting rejected, go figure. 

 

Bro Wave & Bro Panda

You have strong self belief of you LOONing style while he has his No 1 rule of cutting fast.
No right no wrong as I always felt a trader must develop his own style, we cant clone another
trader.

In life as we all know " saying and doing" are 2 diffent things.

How many of us are 100% emotionless, 100% DISCIPLINE, 100% conscious 100% of the time?

Just try our br*ea*st to be among the br*ea*st.....lets try to-get-her...

wavehunter      ( Date: 22-May-2021 23:43) Posted: There is a little background to this. Both he and Bro Panda used to post at The Trading Floor. Bro shangli was a strong advocate of cutting loss. Me... I did suggest LOONing for Sure Come stocks. Bro shangli was unhappy with me. So he stopped posting at The Trading Floor and asked Bro Panda to be his CEO. The next thing I knew was both he and Bro Panda disappeared from The Trading Floor. It was the others at The Trading Floor who told me about the new thread started by Bro shangli. So this thing about cutting loss and cutting fast was Bro shangli' s No.1 Rule in the stock market. But yet when he went in big in Genting and the market went against him, he couldnt bring himself to do what he preached. He didnt cut. He sat on his paper losses. If he still have his 800 lots, paper loss today is 208K. But small change to him. The money isn' t the issue. Pride is. Since he made it very clear regarding his stand on the importance of cutting loss and he broke ranks with me and openly criticised me in his thread about my LOON style, and then yet he failed to follow his own rule, he must have felt too paiseh to still stick around. So he disappeared lor. Leaving his CEO, Bro Panda to man the fort for him. But as far as I am concerned, that thread is Bro Panda' s thread lah. Bro Shangli started it only. He did nothing after that. It is like a man made a woman pregnant and then disappeared. And someone else came along, took care of the mother and the child. And raised and nurtured the child. Protected the child. To me, that 2nd man is truly the Daddy of the child. The 1st man is a nobody. He merely donated  his sperm. That' s all.  TikTalk      ( Date: 22-May-2021 23:29) Posted: I saw his opening post with such sizes won?t be because of $208k lost got angry one.

 

Hahah, it was supposed to be just Duke...but nick was somehow taken already, bopian :P

TikTalk      ( Date: 22-May-2021 20:42) Posted: Bro Duke1234, Looking at your name I recall getting this Bicentennial note at the bank counter....a ladder serial number

 

Thank you Bro TikTalk, when it comes to charting...i have lotsto learn from you and bro Panda. And yes, am eyeing DBS as leader of banking sector haha. I think OCBC is major laggard in this sector though, so if I trade banks again I will be focusing on these two. All the br east to your trades too and keep up your sharing here! 

TikTalk      ( Date: 22-May-2021 20:20) Posted: Ok Duke1234 Here you go...use the level indicated on the chart as support and resistance to trade the range. We all should know by now DBS is the leader in the banking sector, the chart also confimed that I have no level above recent high, it will be in unchartered waters...to the moon. Since I am long a bank means I still like the banking stocks...hmm now I am hoping for DBS to pull back. Duke1234      ( Date: 22-May-2021 19:58) Posted: Thanks for the OCBC chart bro TaikTalk, I too been trading the banks here and there (Bro Panda will know). Recently been out of the market but if you have time, can do chart for DBS and UOB as well? Kam sia

 

Bro Shangli was a " Tua Pow" or " big Cannon" in the past. He could use his trading capital to move a small cap stock up or down by at least 1 pip. For example, Genting. Powerful right?  And his seat warmer, Panda if lucky enough, could also move the " penny" stock, mostly down by 1 pip using my bad mouth, not the money because Panda is not a " Tua Pow" . HAahaha.....   

TikTalk      ( Date: 22-May-2021 23:29) Posted: I saw his opening post with such sizes won?t be because of $208k lost got angry one.

 

There is a little background to this.
Both he and Bro Panda used to post at The Trading Floor.
Bro shangli was a strong advocate of cutting loss.
Me... I did suggest LOONing for Sure Come stocks.
Bro shangli was unhappy with me.
So he stopped posting at The Trading Floor and asked Bro Panda to be his CEO.
The next thing I knew was both he and Bro Panda disappeared from The Trading Floor.
It was the others at The Trading Floor who told me about the new thread started by Bro shangli.
So this thing about cutting loss and cutting fast was Bro shangli' s No.1 Rule in the stock market.
But yet when he went in big in Genting and the market went against him, he couldnt bring himself to do what he preached.
He didnt cut. He sat on his paper losses. If he still have his 800 lots, paper loss today is 208K. But small change to him.
The money isn' t the issue. Pride is.
Since he made it very clear regarding his stand on the importance of cutting loss and he broke ranks with me and openly
criticised me in his thread about my LOON style, and then yet he failed to follow his own rule, he must have felt too paiseh
to still stick around. So he disappeared lor. Leaving his CEO, Bro Panda to man the fort for him. But as far as I am concerned,
that thread is Bro Panda' s thread lah. Bro Shangli started it only. He did nothing after that. It is like a man made a woman
pregnant and then disappeared. And someone else came along, took care of the mother and the child. And raised and nurtured
the child. Protected the child. To me, that 2nd man is truly the Daddy of the child. The 1st man is a nobody. He merely donated 
his sperm. That' s all. 

TikTalk      ( Date: 22-May-2021 23:29) Posted: I saw his opening post with such sizes won?t be because of $208k lost got angry one.

 

I see thanks Sis.

CheeryVGoh      ( Date: 22-May-2021 22:57) Posted: He sold another 150,000 shares on 14/05.   CheeryVGoh      ( Date: 22-May-2021 22:47) Posted: Bro, Gupta sold some shares : https://links.sgx.com/1.0.0/corporate-announcements/69EJLHOO524ELJTV/39b76e85dff3b1c5356d843d6716401e9d78a90f1416a2794f7721c87656b6e4 https://links.sgx.com/1.0.0/corporate-announcements/NCYCJ96DCKRME20W/d76e380e5244673b2f90f118e2329df14c4486254befc20d4977dc210044e74

 

I saw his opening post with such sizes won?t be because of $208k lost got angry one.

 

It is simply amazing how strong, powerful and resilient nature is.
If man builds man-made objects on land but does nothing to maintain or protect them, nature will take back the land and whatever
man builds on it. That' s why it is said that man must always respect nature and dont fug around with nature. Especially fishermen
and sailors. They will say to you - dont play play with the sea. Respect the sea at all times. Or you will Sea Kheow Kheow. 

 

The Chief Commander of " Cut Loss" camp who blew trumpet loud to " promote" cutting lost fast if against the trend, ended up did not practice it. This also tell us one important thing - In stock market, your " principle" is NO " principle" . Hahaha..... 

fatpanda      ( Date: 22-May-2021 22:53) Posted: Bro Wave, Hehehe... you " poke poke" his wound.... You " no good" leh.... Hahaha....  wavehunter      ( Date: 22-May-2021 22:50) Posted: Bro Panda, He wont be back anytime soon lah. He bought about 800 lots of Genting at around $1.05. Genting is at 79 cts now. Paper loss is $208k. Though its small change to this very wealthy man, I think its not about the money but about the ego. He feels very very sian and very very tulan about this and chiam see dont want to think about this or talk about this. So he took sabbatical leave to go and run his businesses first and from time to time have fun with his employees by placing a RM50 note each under a row of beer glasses to entice his employees to drink up and get paid. That' s Round 1. Round 2 will be RM100 under each beer of glass. Round 3 will be RM150. I think he ever said is max is RM200 per glass of beer. Only a very wealthy man can afford to have this type of fun with employees. But its a win-win lah. He happy. His emplyees lagi happy. Got free beer plus get paid to drink some more. Perhaps when Genting has recovered to say $1.00 then he will come back to continue from where he left off. Meantime, that thread is your thread and you should take ownership of it. Becoz if you stop posting  in that thread, that thread will up lolly immediately and the jungle will reclaim it and grow all over it until it is covered by thick vegetation and cannot be accessed anymore.  .

 

Actually cannot read anything into a CEO selling the shares of his own company.
Those shares could be part of his remuneration package.
As long as he dont sell, he is holding on to share scrip, not currency.
He needs to sell to cash out his share scrips as he may want to use the money for something else. 
He selling doesnt necessarily mean he knows the stock is going to fall and so he is selling first. 

CheeryVGoh      ( Date: 22-May-2021 22:57) Posted: He sold another 150,000 shares on 14/05.   CheeryVGoh      ( Date: 22-May-2021 22:47) Posted: Bro, Gupta sold some shares : https://links.sgx.com/1.0.0/corporate-announcements/69EJLHOO524ELJTV/39b76e85dff3b1c5356d843d6716401e9d78a90f1416a2794f7721c87656b6e4 https://links.sgx.com/1.0.0/corporate-announcements/NCYCJ96DCKRME20W/d76e380e5244673b2f90f118e2329df14c4486254befc20d4977dc210044e74

 

He sold another 150,000 shares on 14/05.

 

CheeryVGoh      ( Date: 22-May-2021 22:47) Posted: Bro, Gupta sold some shares : https://links.sgx.com/1.0.0/corporate-announcements/69EJLHOO524ELJTV/39b76e85dff3b1c5356d843d6716401e9d78a90f1416a2794f7721c87656b6e4 https://links.sgx.com/1.0.0/corporate-announcements/NCYCJ96DCKRME20W/d76e380e5244673b2f90f118e2329df14c4486254befc20d4977dc210044e748 TikTalk      ( Date: 22-May-2021 20:26) Posted: One more to add, think DBS can go to $31 soon.