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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.

 

He meant Bento.
His comments are about Bento based on Bento' s chart and price action.
 

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 ...

 

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 ...  Kazerin      ( Date: 08-Dec-2020 10:24) Posted: Gen wave, careful hor... now at distribution phase, when BB pull the trigger, price will drop from 4.05 - 3.15 faster than you think ....  dont get trapped at the top ...

 

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. 

 

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.   wavehunter      ( Date: 08-Dec-2020 11:16) Posted: Ya, Sis Cheery.... all the best. Hope she blast off and free up all your POWs. .

 

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.

 

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.

 

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.

 

Bro,

Thanks !

Still think this stone is undervalued. I picked up somemore at 1.22.


 

wavehunter      ( Date: 08-Dec-2020 11:16) Posted: Ya, Sis Cheery.... all the best. Hope she blast off and free up all your POWs. . CheeryVGoh      ( Date: 08-Dec-2020 11:12) Posted: Bro Westlake, Hope Rstone shines soon. Good luck to us

 

Futures at -91. Hmmm.......   

 

President Donald Trump campaigned in Georgia on Saturday for two Republican senators at a rally that some in his party feared could end up hurting, not helping, their chances by focusing on his efforts to reverse his own election defeat. In his first rally appearance since he lost to Democrat Joe Biden in the Nov 3 presidential contest, Mr Trump reminded the chanting crowd that he came to southern Georgia to persuade them to vote Republican in runoffs on Jan 5. But he quickly turned to his repeated claims, made without evidence, of widespread fraud in the presidential election. 

" They cheated and rigged our presidential election but we' ll still win it. And they are going to try to rig this election too," Mr Trump told the crowd in Valdosta, who chanted " We love you!" and " Four More Years!"

 

Ya, Sis Cheery.... all the best.
Hope she blast off and free up all your POWs.


.

CheeryVGoh      ( Date: 08-Dec-2020 11:12) Posted: Bro Westlake, Hope Rstone shines soon. Good luck to us. Westlake      ( Date: 08-Dec-2020 09:42) Posted: All covid stocks rebounce this morning....happy for those vested like sis Cheery, bro Poo and those lizards up in the ceiling. Currently, trying to date Maureen again and laying out a carpet for her from 0.160 to 0.163 to welcome her with open arms and legs.    Huat Ah.

 

Bro Westlake,

Hope Rstone shines soon.

Good luck to us.

Westlake      ( Date: 08-Dec-2020 09:42) Posted: All covid stocks rebounce this morning....happy for those vested like sis Cheery, bro Poo and those lizards up in the ceiling. Currently, trying to date Maureen again and laying out a carpet for her from 0.160 to 0.163 to welcome her with open arms and legs.    Huat Ah.  wavehunter      ( Date: 08-Dec-2020 09:37) Posted: COVID stocks are seeing a bounce this morning. Let' s see how far they can go. As of now, not much. But the day is still young. So we will have to wait and see if strong demand for gloves can propel them to cross their respective resistance levels for a start.

 

Waaa.... " most likely" some more.
And " taking out the highs of 4.46" even.
If so hor...
And provided I can LOON DONT SELL till then.... HUAT arrr !!!
But then hor...
Me hor.... " most likely" cannot LOON for so long to dont sell one lah.   

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 ...  Kazerin      ( Date: 08-Dec-2020 10:24) Posted: Gen wave, careful hor... now at distribution phase, when BB pull the trigger, price will drop from 4.05 - 3.15 faster than you think ....  dont get trapped at the top ...

 

This Miss River.... sibeh chum coz a handful of our dearest bros and siss here are stuck.
If this rebound can only go to 1.34.... it wont be enough.
And will be dilemma dilemma when one ask oneself.... cut into the bounce OR hold till results and hope for a result-inspired recovery. 
Tough call. Dont relish being in such a position. We have all been there before in a similar situation but in other counters. 

Kazerin      ( Date: 08-Dec-2020 10:19) Posted: Coincidentally, a friend ask me to check riverstone today cause they got some longs trap... i told them this retracement wave might go upto 1.34 cause there is a liquidity void between 1.24-1.34 means most likely it will get filled before u turn down again. just for info if anyone gt position, next support at 1.15 which is the level checkerman and bullmarket88 bet their kukus on.. and if that break then 0.97 which is the most logical target for BB to cover their shorts.  wavehunter      ( Date: 08-Dec-2020 09:53) Posted: Wahahahahahaha............ .

 

Waaaa...... okie. Thanks.

Kazerin      ( Date: 08-Dec-2020 10:24) Posted: Gen wave, careful hor... now at distribution phase, when BB pull the trigger, price will drop from 4.05 - 3.15 faster than you think ....  dont get trapped at the top ...    wavehunter      ( Date: 08-Dec-2020 09:18) Posted: Bento Chef.... JEEP at 4.09 for chicken wing run.

 

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 ... 

Kazerin      ( Date: 08-Dec-2020 10:24) Posted: Gen wave, careful hor... now at distribution phase, when BB pull the trigger, price will drop from 4.05 - 3.15 faster than you think ....  dont get trapped at the top ...    wavehunter      ( Date: 08-Dec-2020 09:18) Posted: Bento Chef.... JEEP at 4.09 for chicken wing run.

 

it could be a she...or even shemale...

wavehunter      ( Date: 08-Dec-2020 09:53) Posted: Wahahahahahaha............ .

 

Gen wave, careful hor... now at distribution phase, when BB pull the trigger, price will drop from 4.05 - 3.15 faster than you think .... 
dont get trapped at the top ... 
 

wavehunter      ( Date: 08-Dec-2020 09:18) Posted: Bento Chef.... JEEP at 4.09 for chicken wing run.

 

Coincidentally, a friend ask me to check riverstone today cause they got some longs trap... i told them this retracement wave might go upto 1.34 cause there is a liquidity void between 1.24-1.34 means most likely it will get filled before u turn down again. just for info if anyone gt position, next support at 1.15 which is the level checkerman and bullmarket88 bet their kukus on.. and if that break then 0.97 which is the most logical target for BB to cover their shorts. 

wavehunter      ( Date: 08-Dec-2020 09:53) Posted: Wahahahahahaha............ .