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Post by zuolun on Mar 16, 2015 11:03:16 GMT 7
Sino Construction's share price collapsed further to low of S$0.032 and traded @ S$0.068 (-0.048, -41.9%) with 20.05m shares done on 3 Mar 2015 at 9.55am. In technical analysis, a stock that has made a new low is one that must be treated with caution and to be avoided buying for longterm investment.Sino Construction ~ Uptrend is broken, share price collapsed, interim TP S$0.022, next TP S$0.008Sino Construction's share price collapsed further to low of S$0.028 and traded @ S$0.03 (-0.002, -6.3%) with 6.82m shares done on 16 Mar 2015 at 11.55am. 
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Post by zuolun on Mar 20, 2015 22:18:51 GMT 7
Stick to big-caps and mid-caps rotational play, especially the market mover stocks which are extremely protected = ring-fenced and/or have the BBs' strong support-buy when prices fell to attractive levels. Small-caps, penny and micro penny stocks are extremely speculative in nature (besides S-Chips, many kacang puteh SGX-listed companies remained listed on the SGX todate now become syndicate / casino stocks solely and strictly meant for gambling purposes only) so don't put too much money into them if you're not monitoring the share prices, intraday. Loss of market confidence here - just look at cases such as Sino Construction ~ 19 Mar 2015  Sino Construction's share price collapsed further to low of S$0.032 and traded @ S$0.068 (-0.048, -41.9%) with 20.05m shares done on 3 Mar 2015 at 9.55am. In technical analysis, a stock that has made a new low is one that must be treated with caution and to be avoided buying for longterm investment.Sino Construction ~ Uptrend is broken, share price collapsed, interim TP S$0.022, next TP S$0.008Sino Construction's share price collapsed further to low of S$0.028 and traded @ S$0.03 (-0.002, -6.3%) with 6.82m shares done on 16 Mar 2015 at 11.55am. 
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Post by sptl123 on Mar 21, 2015 9:27:46 GMT 7
TT International Bro Zuolun, I feel sorry for my best friend who still have very large holding of this stock at very high cost. I could not advise him earlier last year because I have not joined Pertama and I knew nothing about TA then. What is the next TP from TA? This stock has very bad FA but there were invincible hands keeping the stocks alive in the last 2 years. It has been losing money for many years and owes tons of money. I just can not understand why it was still traded at around 0.15 to 0.17 last year when the net value of the asset is a big-negative. What keeping the Retail Investor hopeful was the opening of BigBox. But one day (point B on chart) before BigBox start for business, on the 29th Dec 2014, Chng-kay run road and a double-Top formed and the price fall off the cliff. I see more trouble: Julia and Tong has been accepting and never ever rejecting buying back stocks from scheme creditors until 20 March 2015. The Director has on 19 March 2015 rejected the 235,480 shares offered to her and her spouse by certain scheme creditors
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Post by zuolun on Mar 21, 2015 12:31:37 GMT 7
sptl123, I noticed you could see the price movement of TT International better, using TA. (Chng-kay run road and a double-Top formed and the price fall off the cliff.)TA is an art and science, the more you practise posting your own charts, the better you are... TT International Bro Zuolun, I feel sorry for my best friend who still have very large holding of this stock at very high cost. I could not advise him earlier last year because I have not joined Pertama and I knew nothing about TA then. What is the next TP from TA? This stock has very bad FA but there were invincible hands keeping the stocks alive in the last 2 years. It has been losing money for many years and owes tons of money. I just can not understand why it was still traded at around 0.15 to 0.17 last year when the net value of the asset is a big-negative. What keeping the Retail Investor hopeful was the opening of BigBox. But one day (point B on chart) before BigBox start for business, on the 29th Dec 2014, Chng-kay run road and a double-Top formed and the price fall off the cliff. I see more trouble: Julia and Tong has been accepting and never ever rejecting buying back stocks from scheme creditors until 20 March 2015. The Director has on 19 March 2015 rejected the 235,480 shares offered to her and her spouse by certain scheme creditors
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Post by web on Mar 21, 2015 13:22:30 GMT 7
Hi zuolun, Do you mind to share which platform or software to plot all those amazing charts?
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Post by zuolun on Mar 22, 2015 14:12:09 GMT 7
Hi zuolun, Do you mind to share which platform or software to plot all those amazing charts? web, I used to subscribe and pay for the charting software from Chartnexus (the expensive package with lots of special features) but now I only use the FOC version. 
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Post by zuolun on Mar 24, 2015 13:51:35 GMT 7
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Post by zuolun on Apr 2, 2015 11:19:20 GMT 7
Oei Hong Leong makes 17 cents per share cash offer for IPC Corp; values company at $145 million
1 Apr 2015
Oei Hong Leong is making a cash offer of 17 cents each for all the issued and paid-up ordinary in the capital of IPC Corporation.
The offer price is 2.41% more than the last traded price of 16.6 cents on Mar 31. The offer also values IPC at $145 million, based on its total number of shares of 853 million.
Indonesian-born tycoon Oei currently controls 30.56% of IPC.
IPC is engaged in the investment and development of properties in Asia Pacific and the US.
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Post by zuolun on Apr 8, 2015 14:05:48 GMT 7
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Post by zuolun on Apr 9, 2015 8:20:13 GMT 7
Hot stocks for today's theme: Goreng water stocks ~ 9 Apr 2015 at 9.10am.  Hot stocks for today's theme: Goreng water stocks ~ 8 Apr 2015 at 3pm. 
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Post by zuolun on Apr 24, 2015 7:44:16 GMT 7
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Post by zuolun on May 7, 2015 15:05:52 GMT 7
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Post by zuolun on May 16, 2015 9:36:53 GMT 7
Civmec ~ Bearish Gartley Breakout, interim TP S$0.35Civmec closed with a spinning top @ S$0.445 (-0.01, -2.2%) with 730,000 shares done on 15 May 2015. Immediate support @ S$0.41, immediate resistance @ S$0.45.  ZL bro, what do you think of civmec? Another dead stock or good to buy? cheers simplemind, I had posted this stock, Civmec under the thread "Why fall off the cliff?" earlier merely for the record and did not bother to create a new thread for it. My Civmec charts (daily and weekly) posted then were actually meant to emphasize oldman's invaluable comment: "Given the fall in oil and commodity prices, I am inclined to classify all related stocks as potential falling knives."
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Post by zuolun on Jun 8, 2015 8:42:48 GMT 7
ZELAN ~ Bearish Gartley Bat PatternZELAN closed with an inverted hammer @ RM0.355 (+0.005, +1.4%) with 4.91m shares done on 5 Jun 2015. Immediate support @ RM0.34, immediate resistance @ S$0.36. 
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Post by sptl123 on Jun 8, 2015 9:43:21 GMT 7
Thank you Bro Zuolun, Is it correct to apply the same strategy of Sino Gradness (REF DATE: 18th MAY 2015) to Zelan now ? ZELAN ~ Bearish Gartley Bat PatternZELAN closed with an inverted hammer @ RM0.355 (+0.005, +1.4%) with 4.91m shares done on 5 Jun 2015. Immediate support @ RM0.34, immediate resistance @ S$0.36. 
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