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Eh quite Chim Lei..can simplify?
SgYuan ( Date: 02-Nov-2017 16:34) Posted:
EW 475-500-485-w3 ext ew 570-w4:535-w5 ext ew:585 abc tgt:535 (near w4)
wa=585-> 560 (delta 25)
wb=560-> 570? (delta 10)
wc=570?-> 535? (delta 35)
Wait for new wave start
SgYuan ( Date: 30-Oct-2017 11:06) Posted:
Chart look weak now.
w5 ext EW 530-560-550-575-w4:565-w5:600(tgt)
If it drop to below w4:565, close it if you are trader |
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Very bearish signal as per chart patterns, price drops after news released. Caveat & DYODD.
EW 475-500-485-w3 ext ew 570-w4:535-w5 ext ew:
585 abc tgt:535 (near w4)
wa=585-> 560 (delta 25)
wb=560-> 570? (delta 10)
wc=570?-> 535? (delta 35)
Wait for new wave start
SgYuan ( Date: 30-Oct-2017 11:06) Posted:
Chart look weak now.
w5 ext EW 530-560-550-575-w4:565-w5:600(tgt)
If it drop to below w4:565, close it if you are trader.
SgYuan ( Date: 27-Oct-2017 17:39) Posted:
w5?:600(tgt)
w5 ext EW 530-560-550-575-565-w5:600(tgt)
Now hit 580 pull back 575, watch out. Ending part.
See how strong is the last wave before it go into abc correction cycle.
So far the Elliot Wave theory is executed to near perfect.
Do note this is theory.
Good luck and dont be greedy |
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ahya, anything for now maintain BUY below 0.6 is already nice buyin price... after acquire Cathay, MM2 will fly liao lo
caleb140177 ( Date: 02-Nov-2017 14:38) Posted:
Totally agree, hence holding on. 
lynn89 ( Date: 02-Nov-2017 14:21) Posted:
| Buying Cathay Cinema should be good for business |
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Totally agree, hence holding on.
lynn89 ( Date: 02-Nov-2017 14:21) Posted:
| Buying Cathay Cinema should be good for business |
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Buying Cathay Cinema should be good for business
Like i said im addressin to bros who were chasing high at 57. 56 is breaking, watch closely
caleb140177 ( Date: 02-Nov-2017 12:51) Posted:
Have been following MM2 since IPO, so am not new to this counter. Fundamentally, MM2 is doing very well every year and this quarter results will be announced soon. Speaking of " EDUCATING" others LOL...... perhaps you should keep your opinion to yourself? Cheers.
johnncheng81 ( Date: 02-Nov-2017 12:08) Posted:
| Just to recap, mm2 had a similar runup to when there were rumours and then confirmed news that they are taking over GV. When the takeover failed, the price plunged to 415. Not trying to monger fear here bros, but just to educate bros here who are new to mm2. Dyod |
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Have been following MM2 since IPO, so am not new to this counter. Fundamentally, MM2 is doing very well every year and this quarter results will be announced soon. Speaking of " EDUCATING" others LOL...... perhaps you should keep your opinion to yourself? Cheers.
johnncheng81 ( Date: 02-Nov-2017 12:08) Posted:
Just to recap, mm2 had a similar runup to when there were rumours and then confirmed news that they are taking over GV. When the takeover failed, the price plunged to 415. Not trying to monger fear here bros, but just to educate bros here who are new to mm2. Dyodd
caleb140177 ( Date: 02-Nov-2017 11:58) Posted:
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Well if u look at earnings season, alot of counters suffer sell down even if they post superb results on that day. For example look at oxley, post 500% increase in profits today but still kenna sell down. But if u noticed they have a superb run from 64 to 74. This is an example of buy on rumours sell on news. Same thing happened to mm2 today. When news is out, bb sell and get out.
rogeryap ( Date: 02-Nov-2017 12:16) Posted:
John, If u look at previous announcement, gv takeover was announced on 19 May. Mm2 gapped up 2cts to 0.565, tat day high was .61. It close at .605. Next day went down to .575. Hit high of 0.645 on 6 Jun. It only plunged 2 Mths later after the failed gv was announced.
So today?s scenario is totally different from the gv one. |
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Hopefully can reverse back lo..no one likes to c price tables, unless those who have not bought yet...
Yea agree but the selling today is strong with little support from bbs. Bros who entered above 57 will need to look out closely today
rogeryap ( Date: 02-Nov-2017 12:16) Posted:
John, If u look at previous announcement, gv takeover was announced on 19 May. Mm2 gapped up 2cts to 0.565, tat day high was .61. It close at .605. Next day went down to .575. Hit high of 0.645 on 6 Jun. It only plunged 2 Mths later after the failed gv was announced.
So today?s scenario is totally different from the gv one. |
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Yes, Just a personal opinion .
Me not BB , my holdings cannot affect the share price ..lol
just have been following the growth of this share for a while ..
I like the deal partly becos Cathay Sold 100% not 50% to MM2 and Choo is SSH of MM2 and last placement out is 57 .
Hopefully the BB know what they are doing ..
DYODD
johnncheng81 ( Date: 02-Nov-2017 12:08) Posted:
Just to recap, mm2 had a similar runup to when there were rumours and then confirmed news that they are taking over GV. When the takeover failed, the price plunged to 415. Not trying to monger fear here bros, but just to educate bros here who are new to mm2. Dyodd
caleb140177 ( Date: 02-Nov-2017 11:58) Posted:
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John, If u look at previous announcement, gv takeover was announced on 19 May. Mm2 gapped up 2cts to 0.565, tat day high was .61. It close at .605. Next day went down to .575. Hit high of 0.645 on 6 Jun. It only plunged 2 Mths later after the failed gv was announced.
So today?s scenario is totally different from the gv one.
Just to recap, mm2 had a similar runup to when there were rumours and then confirmed news that they are taking over GV. When the takeover failed, the price plunged to 415. Not trying to monger fear here bros, but just to educate bros here who are new to mm2. Dyodd
caleb140177 ( Date: 02-Nov-2017 11:58) Posted:
I am holding it too. :)
Blue-sky ( Date: 02-Nov-2017 11:53) Posted:
Surprising the market didnt like this news. It is better than GV .
Lets wait and see how the houses view this purchase .
Personally i think is a deal better than GV .. lets see.
Hope i am right ..holding to it for now .
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I am holding it too. :)
Blue-sky ( Date: 02-Nov-2017 11:53) Posted:
Surprising the market didnt like this news. It is better than GV .
Lets wait and see how the houses view this purchase .
Personally i think is a deal better than GV .. lets see.
Hope i am right ..holding to it for now .
caleb140177 ( Date: 02-Nov-2017 11:33) Posted:
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Like i said the recent run up from 490 to 580 is based on this rumour. Once news is confirmed and out, bb usually get out. Hence the famous phrase buy on rumours sell on news
Blue-sky ( Date: 02-Nov-2017 11:53) Posted:
Surprising the market didnt like this news. It is better than GV .
Lets wait and see how the houses view this purchase .
Personally i think is a deal better than GV .. lets see.
Hope i am right ..holding to it for now .
caleb140177 ( Date: 02-Nov-2017 11:33) Posted:
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Surprising the market didnt like this news. It is better than GV .
Lets wait and see how the houses view this purchase .
Personally i think is a deal better than GV .. lets see.
Hope i am right ..holding to it for now .
caleb140177 ( Date: 02-Nov-2017 11:33) Posted:
Not possible
WSJ.Shares ( Date: 02-Nov-2017 11:26) Posted:
| Maybe today can buy in around 0.53 |
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Not possible
WSJ.Shares ( Date: 02-Nov-2017 11:26) Posted:
| Maybe today can buy in around 0.53 |
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Maybe today can buy in around 0.53
This EW look like Ending Diagonal but not totally same.
The last w5 show weakness.
It is better to close position for trader.
SgYuan ( Date: 30-Oct-2017 11:06) Posted:
Chart look weak now.
w5 ext EW 530-560-550-575-w4:565-w5:600(tgt)
If it drop to below w4:565, close it if you are trader.
SgYuan ( Date: 27-Oct-2017 17:39) Posted:
w5?:600(tgt)
w5 ext EW 530-560-550-575-565-w5:600(tgt)
Now hit 580 pull back 575, watch out. Ending part.
See how strong is the last wave before it go into abc correction cycle.
So far the Elliot Wave theory is executed to near perfect.
Do note this is theory.
Good luck and dont be greedy |
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