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The Trading Floor

You saw my chart yesterday hor?
Flip back the pages.

Westlake      ( Date: 09-Dec-2020 09:09) Posted: Bro Kazerin, Is it too late to buy now for chicken run?      Thank you. Kazerin      ( Date: 09-Dec-2020 09:07) Posted: It is coming....it is coming.... I can feel it....

 

Bento Chef...

NABEH.... I was queueing at 4.18 waiting for her to lick me.
She licked everybody from 4.15 to 4.17 and then decided to stop licking.
The next thing I knew was I had to keep amending my queue to go lower down to meet her but still, she didnt want to lick me.
In the end I remember being in this very same situation before and decided that instead of waiting for her to lick me, I will have
to lick her instead and so I licked her by throwing back at 4.14. And good thing I did. Becoz she is now doing 4.13 : 4.14.


. 

 

Bro Kazerin,

Is it too late to buy now for chicken run?     

Thank you.

Kazerin      ( Date: 09-Dec-2020 09:07) Posted: It is coming....it is coming.... I can feel it..... CheeryVGoh      ( Date: 08-Dec-2020 14:08) Posted: Thanks Bro for sharing

 

It is coming....it is coming.... I can feel it.....

CheeryVGoh      ( Date: 08-Dec-2020 14:08) Posted: Thanks Bro for sharing. Kazerin      ( Date: 08-Dec-2020 12:36) Posted: that is abt ambitious, my TP 1 and TP2 will be 2.34 & 2.46

 

Dow closed up +104.
Intraday High was +177.
Futures now at +56.

 

Dear Brothers and Sisters staying in the Western side.   Nice Korean Cafeteria within the Hillview Community Center. 

" Wang Family Kitchen" .   BBQ and authentic Korean food.   Weekday $16.90.

 

Total CICT and MCT quite strong. Can smell phase 3 coming already or people going shopping for Christmas

 

UK vaccination exercise just started........ covid-19 vaccination has now becomes a reality.

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Noted, with thanks.

Kazerin      ( Date: 08-Dec-2020 14:17) Posted: beware of 1.34 for this riverstone hor if u r long, 1.24 - 1.34 got liquidity gap so sld be able to reach there easily. after that jagar your position.   wavehunter      ( Date: 08-Dec-2020 12:47) Posted: Sis Cheery, CONGRATS. This 1.22 batch is in the money now. If this bounce doesnt go as high as you would like to see, you may want to save those you can first. Becoz if the next dip takes out 1.19 to test 1.15, it will be a waste not to take one round of profits first when you had the chance.

 

Kamsia !

Kazerin      ( Date: 08-Dec-2020 14:27) Posted: Red - SMA20 green - EMA 50 Black - EMA200 CheeryVGoh      ( Date: 08-Dec-2020 14:20) Posted: May I know the legend please, black, green, red = what ema

 

Waaaa..........thanks.
That' s my default colour scheme for these 3 MAs. 

Kazerin      ( Date: 08-Dec-2020 14:27) Posted: Red - SMA20 green - EMA 50 Black - EMA200 CheeryVGoh      ( Date: 08-Dec-2020 14:20) Posted: May I know the legend please, black, green, red = what ema

 

Bro Wave,

I q at 1.30 to sell this batch.

wavehunter      ( Date: 08-Dec-2020 12:47) Posted: Sis Cheery, CONGRATS. This 1.22 batch is in the money now. If this bounce doesnt go as high as you would like to see, you may want to save those you can first. Becoz if the next dip takes out 1.19 to test 1.15, it will be a waste not to take one round of profits first when you had the chance.  CheeryVGoh      ( Date: 08-Dec-2020 11:29) Posted: Bro, Thanks ! Still think this stone is undervalued. I picked up somemore at 1.22.

 

Red - SMA20
green - EMA 50
Black - EMA200

CheeryVGoh      ( Date: 08-Dec-2020 14:20) Posted: May I know the legend please, black, green, red = what ema? wavehunter      ( Date: 08-Dec-2020 14:12) Posted:

 

May I know the legend please, black, green, red = what ema?

wavehunter      ( Date: 08-Dec-2020 14:12) Posted: CheeryVGoh      ( Date: 08-Dec-2020 11:33) Posted: Bro Wave, What does your TA say about CICT?

 

beware of 1.34 for this riverstone hor if u r long, 1.24 - 1.34 got liquidity gap so sld be able to reach there easily. after that jagar your position.
 

wavehunter      ( Date: 08-Dec-2020 12:47) Posted: Sis Cheery, CONGRATS. This 1.22 batch is in the money now. If this bounce doesnt go as high as you would like to see, you may want to save those you can first. Becoz if the next dip takes out 1.19 to test 1.15, it will be a waste not to take one round of profits first when you had the chance.  CheeryVGoh      ( Date: 08-Dec-2020 11:29) Posted: Bro, Thanks ! Still think this stone is undervalued. I picked up somemore at 1.22.

 

Bento is in distribution phase now... dont get caught at high... on 24 nov, it has a huge bullish bar. Now, after such a move, what would we expect next ?  it will be more room for the upside then slowly momentum slow before making a pb. 
But next day it immediately got slam down and has been trading in the range of the bullish bar.
So what will happen next
2 scenarios - first, it cheong up to take out previous high ( take out all the shortist stop loss) then cheong down to take out all the buyers sell stops) and go down. 
Second scenario - it cheong down and take out all the buy stops before reverse and cheong up to take out all the sell stops.
Think of BB as a pacman and whenever there are liquidity pool or orders big enough, it will surely go and makan them. 
 

rotijai      ( Date: 08-Dec-2020 13:38) Posted: boss kazerin do you mean bento (only) is now at distribution or the market in general is at distribution? Kazerin      ( Date: 08-Dec-2020 10:30) Posted: Anyway before BB pull the plug for the drop, this is what will most likely happen... most likely only hor There will be a super bullish day.. taking out the highs at 4.46. then next day will start the down wave ...

 

That was a great movie. 
I watched it at least 3 times. 

valve2020      ( Date: 08-Dec-2020 14:04) Posted: Climbing scenario machiam the movie vertical limit.... wavehunter      ( Date: 08-Dec-2020 13:06) Posted: Treat each batch as one position. Once in the money, watch out for loss of momentum. If the bounce fizzles out, take your profits first. Imagine all your positions are a team going mountain climbing together and all are held together by a rope. Your climbers are all at different levels of the mountain but are using the same rope held by anchor points  along the way. Let' s say the top climber who is at the highest level loses his footing and he falls. On his way down, the sheer weight and force of his body pulls the 2nd highest climber who also as a result loses his footing and starts to fall. At this stage, you have 2 freefalling members of your team. What do you do? If those below do nothing, they will all in turn also fall. The weight of two falling team members is too much for the 3rd highest climber to withstand. He cant save his fellow climbers either. And so to save himself and those below him, he will have to cut the rope before the 2 falling climbers reach his position.  Likewise if this bounce cannot go all the way to your highest batch but stops short, for me, I will sell those which are in the money and leave those above on their own first than to do nothing and every batch becomes stuck when the price is back at the start of the bounce. But that' s me.

 

CheeryVGoh      ( Date: 08-Dec-2020 11:33) Posted: Bro Wave, What does your TA say about CICT?   CheeryVGoh      ( Date: 08-Dec-2020 11:30) Posted: Poems has a technical buy call on CICT today.  Buy Stop : 2.05, Stop Loss : 1.88 Take profit 1 : 2.27, Take profit 2 : 2.52.

 

Thanks Bro for sharing.

Kazerin      ( Date: 08-Dec-2020 12:36) Posted: that is abt ambitious, my TP 1 and TP2 will be 2.34 & 2.46   CheeryVGoh      ( Date: 08-Dec-2020 11:30) Posted: Poems has a technical buy call on CICT today.  Buy Stop : 2.05, Stop Loss : 1.88 Take profit 1 : 2.27, Take profit 2 : 2.52.