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Post by zuolun on Oct 2, 2014 12:32:27 GMT 7
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Post by zuolun on Oct 2, 2014 22:35:32 GMT 7
Yanlord's weekly chart has a bear flag breakout and a 5-Wave down chart pattern. Expect a "Waterfall Decline" ending with a semi-round arch or a "Mushroom Of Death". Yanlord (weekly) — Bear Flag Breakout Interim TP S$0.925, Next TP S$0.61
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Post by zuolun on Oct 3, 2014 8:54:14 GMT 7
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Post by zuolun on Oct 3, 2014 15:24:22 GMT 7
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Post by zuolun on Oct 4, 2014 5:22:11 GMT 7
Alternative view:Yanlord (weekly) — Semi-round arch / "Mushroom Of Death" chart pattern, Interim TP S$0.925, Next TP S$0.61Yanlord's weekly chart has a bear flag breakout and a 5-Wave down chart pattern. Expect a "Waterfall Decline" ending with a semi-round arch or a "Mushroom Of Death". Yanlord (weekly) — Bear Flag Breakout Interim TP S$0.925, Next TP S$0.61
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Post by gemini8 on Oct 4, 2014 9:30:30 GMT 7
I can't comprehend TA, incl all these "mushroom of death" and what seem like extremely bearish technical drawings. I suppose i could equally draw a "cup of coffee" shape (haha) and extrapolate some extremely bullish lines too. At the end of the day, i feel like what truly matters is the company's fundamentals. Looking at the company's shareholding structure, it also appears that some high-net worth individuals and fund are shareholders too. Note i didn't make the assumption that they are "smart"/"intelligent". Perhaps they could now be looking at this mushroom of death (good grief, death?) shape and bearish signals and be persuaded to all liquidate their holdings ... Cheers!
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Post by zuolun on Oct 4, 2014 10:05:41 GMT 7
I can't comprehend TA, incl all these "mushroom of death" and what seem like extremely bearish technical drawings. I suppose i could equally draw a "cup of coffee" shape (haha) and extrapolate some extremely bullish lines too. At the end of the day, i feel like what truly matters is the company's fundamentals. Looking at the company's shareholding structure, it also appears that some high-net worth individuals and fund are shareholders too. Note i didn't make the assumption that they are "smart"/"intelligent". Perhaps they could now be looking at this mushroom of death (good grief, death?) shape and bearish signals and be persuaded to all liquidate their holdings ... Cheers! Those high-net worth individual shareholders were supposedly important price stabilization managers for Yanlord in early-Oct 2011 to end-Jan 2013 (from last low of S$0.65 to last high of S$1.65). Once the price stabilizing managers have completed the job, the share price will gostan to S$0.61, the lower low of the last low of S$0.65. The period of moratorium may be different from new IPO, which is either 6 months or 12 months but the concept is the same, i.e. to make a good profit from a stock; buy low sell high is one of the methods.
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Post by gemini8 on Oct 4, 2014 10:29:42 GMT 7
Thanks for your reply. I am intrigued and amused by your confidence and fixation with the said 61c. In the world of investing, anything is possible i suppose. Still, i wonder if the said TP is backed by any fundamentals. If you don't mind me playing the devil's advocate here, perhaps i could suggest that (in your own words) "once the price stabilizing managers had (have) complete the job", perhaps the stock could already have been privatised? Do we know that these "price stabilizing managers" have already "completed the job"? ... afterall, the reported free float is already pretty low now isn't it. I have read Oldman's book (must add here that it's an extremely good book, and i would strongly recommend it to anybody), and he often talks about supply-demand mechanism. Given that, assuming the key shareholders remain and don't sell, surely the "supply" of the stock is drying up ...? I have no vested interest in the stock. I have seen a couple of their projects in China and they seem well-located/well-built and the developer above average ASP seems to suggest they have a rather credible repute. I must qualify though i'm rather perturbed by such TA drawings, which aren't backed by any FA. As said, i could well draw up some equally bullish lines and extrapolations ... Cheers
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Post by zuolun on Oct 4, 2014 10:45:58 GMT 7
Thanks for your reply. I am intrigued and amused by your confidence and fixation with the said 61c. In the world of investing, anything is possible i suppose. Still, i wonder if the said TP is backed by any fundamentals. If you don't mind me playing the devil's advocate here, perhaps i could suggest that (in your own words) "once the price stabilizing managers had (have) complete the job", perhaps the stock could already have been privatised? Do we know that these "price stabilizing managers" have already "completed the job"? ... afterall, the reported free float is already pretty low now isn't it. I have read Oldman's book (must add here that it's an extremely good book, and i would strongly recommend it to anybody), and he often talks about supply-demand mechanism. Given that, assuming the key shareholders remain and don't sell, surely the "supply" of the stock is drying up ...? I have no vested interest in the stock. I have seen a couple of their projects in China and they seem well-located/well-built and the developer above average ASP seems to suggest they have a rather credible repute. I must qualify though i'm rather perturbed by such TA drawings, which aren't backed by any FA. As said, i could well draw up some equally bullish lines and extrapolations ... Cheers I raised exactly the same question as you did when someone shorted Cosco at the peak @ $8 based on TA + gut-feel + luck in 2007 then.
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Post by zuolun on Oct 7, 2014 12:17:13 GMT 7
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Post by zuolun on Oct 13, 2014 14:16:50 GMT 7
Agile, Yanlord and Cosco are racing to the bottom; the price will collapse on its own weight with low / no volume.Agile (3383HK) — Semi-round arch / "Mushroom Of Death" chart patternYanlord (weekly) — Semi-round arch / "Mushroom Of Death" chart pattern, Interim TP S$0.925, Next TP S$0.61 Cosco — Semi-round arch / "Mushroom Of Death" chart pattern, TP S$0.605Cosco had a long black marubozu @ S$0.635 (-0.015, -2.3%) with thin volume done at 649 lots on 13 Oct 2014 at 12.40pm. Immediate support @ S$0.63, immediate resistance @ S$0.645.
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Post by zuolun on Nov 15, 2014 8:00:34 GMT 7
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Post by zuolun on Dec 12, 2014 10:57:48 GMT 7
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Post by zuolun on Dec 29, 2014 9:27:31 GMT 7
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Post by zuolun on Jan 14, 2015 16:03:55 GMT 7
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