If you are unaware, Dow reversed from heavy losses
of more than 200 points to close down 60 points, but I
don't think it is going to bring huge cheers to our market
today. With all the supposedly weak sentiment clouding
the market, it is going to be a long and tiring Friday.
But heh, it is TGIF!
STX OSV finally show its prowess yesterday in surging
a good run and closed at the day-high of 1.27
If you have been reading the blog for a while, you
should have noticed that I am very bullish on this stock
both on fundamental and technical ground. In fact, when
the price is hovering around the 1.18-1.20 region, I
wrote in blog that I expect to make a 50% profits from
the stock and till today, I maintain this view. Look like
I am sticking my head out this time again, but barring
any unforeseen circumstances like accounting fraud
or a star dropping from the sky, I believe this is the stock
to watch for a long time. The next meaningful resistance
will be around the 1.32 region and the historical high
of 1.36 is just a stone-throw away.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
Friday, June 24, 2011
Thursday, June 23, 2011
Market View 23 June 2011
In yesterday's blog, I mentioned to beware of sudden
selling or selloff happenings, and indeed that was
what happened to many stocks yesterday. The market
is quite sensitive to any slight news within and abroad,
and the reaction taken is drastic at times.
Among the reds yesterday lies a few greens as well,
and the readers may already realised how I like such
stocks. Some that I have noticed included China Minzhong,
Ezion, Swiber.
I will just keep it short for today as my view is still the same
as what was mentioned in the last few days' blog entries.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
selling or selloff happenings, and indeed that was
what happened to many stocks yesterday. The market
is quite sensitive to any slight news within and abroad,
and the reaction taken is drastic at times.
Among the reds yesterday lies a few greens as well,
and the readers may already realised how I like such
stocks. Some that I have noticed included China Minzhong,
Ezion, Swiber.
I will just keep it short for today as my view is still the same
as what was mentioned in the last few days' blog entries.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
Wednesday, June 22, 2011
Market View 22 June 2011
It was quite a refreshing scene yesterday as most
stocks closed higher, with many closed at or near
to the day-high. A few asked me on skype whether
this run will continue or will it falter after a few days
or maybe one day. In my opinion, yesterday's surge
is a pent-up rebound waiting to happen, it is just waiting
for the "correct" moment to react. Now that we can
see the silver lining in the Europe debt crisis, things
just happened.
Do take note of the day-low of the stocks you are
interested, and should the stocks drop below the level,
the current surge is likely negated. Also, be aware that
sudden selling or sell-off may still happen, and you
will be amazed to find out the reason from the papers
that "Markets continue to cast concerns and worries
over the Europe debt crisis, or inflation in China or
US economy".
Genting hit the 1.90 wall with great strength yesterday
but unable to bring it down. It will try and try again and
by now, all should know that the next significant resistance
will be 7cts away at 1.97
Ezion and Ezra performed reasonably well and should
continue to do so. STX OSV also woke up yesterday
but can only managed to close at 1.22 on pre-closing
matching after hitting the day-high 1.24 I am pretty bullish
about the stock as the readers should know by now.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
stocks closed higher, with many closed at or near
to the day-high. A few asked me on skype whether
this run will continue or will it falter after a few days
or maybe one day. In my opinion, yesterday's surge
is a pent-up rebound waiting to happen, it is just waiting
for the "correct" moment to react. Now that we can
see the silver lining in the Europe debt crisis, things
just happened.
Do take note of the day-low of the stocks you are
interested, and should the stocks drop below the level,
the current surge is likely negated. Also, be aware that
sudden selling or sell-off may still happen, and you
will be amazed to find out the reason from the papers
that "Markets continue to cast concerns and worries
over the Europe debt crisis, or inflation in China or
US economy".
Genting hit the 1.90 wall with great strength yesterday
but unable to bring it down. It will try and try again and
by now, all should know that the next significant resistance
will be 7cts away at 1.97
Ezion and Ezra performed reasonably well and should
continue to do so. STX OSV also woke up yesterday
but can only managed to close at 1.22 on pre-closing
matching after hitting the day-high 1.24 I am pretty bullish
about the stock as the readers should know by now.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
Tuesday, June 21, 2011
Market View 21 June 2011
Our local market started well yesterday morning
but turned weaker as the trading day ended.
Some stocks even did a bearish reversal in closing
at or near day-low after opening on a high note.
Genting closed the 1.87-1.88 gap yesterday but
still closed at a day low of 1.84 which is quite
bearish with a near-term view. It will now
face strong resistance around the 1.88 level and
a breakout above the level will be faced with
the psychological level of 1.90
Ezra continued to be weak despite charging to a
high of 1.37 after opening high at 1.35, it closed
a the day-low of 1.32 Any potential upside will
be faced with stern test around the 1.38-1.40 gap.
Ezion appears to have found an interim bottom but
it will need much more volume to propel it higher
toward the 69cts resistance.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
but turned weaker as the trading day ended.
Some stocks even did a bearish reversal in closing
at or near day-low after opening on a high note.
Genting closed the 1.87-1.88 gap yesterday but
still closed at a day low of 1.84 which is quite
bearish with a near-term view. It will now
face strong resistance around the 1.88 level and
a breakout above the level will be faced with
the psychological level of 1.90
Ezra continued to be weak despite charging to a
high of 1.37 after opening high at 1.35, it closed
a the day-low of 1.32 Any potential upside will
be faced with stern test around the 1.38-1.40 gap.
Ezion appears to have found an interim bottom but
it will need much more volume to propel it higher
toward the 69cts resistance.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
Monday, June 20, 2011
Market View 20 June 2011
Another trading week to make $$ from Mr Market.
Some readers that I skype with told me that they
are taking money of the market by selling their
stock-holdings and waiting for the "perfect" moment
to go in again, while some told me that they see
the current situation as a great buying opportunity
and eagerly pump in money into those beaten-down
stocks with good upside potential when the current
storm blow away. Look like we have a cup-half-full
or cup-half-empty scenario right now. For the record,
I am with the cup-half-full group.
Genting has fallen more than 20% from the high of $2.35
to close at 1.85 after hitting a low of 1.83 last Friday.
Frankly, I am still cautiously bullish about the company
and believe it should move up above the $2 mark in no
time. Technically, the recent low of 1.83 is a good support
and should it fall below the mark, the next support will be
around the 1.76 mark. There is 2 gaps between 1.87-1.88
and 1.92-1.93 and a gap-covering of this 2 region will
be a great boost to the share again.
A couple of stocks to take note of, in my opinion, are
Biosensor, Ezion, UMS, Metro, STX OSV.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
Some readers that I skype with told me that they
are taking money of the market by selling their
stock-holdings and waiting for the "perfect" moment
to go in again, while some told me that they see
the current situation as a great buying opportunity
and eagerly pump in money into those beaten-down
stocks with good upside potential when the current
storm blow away. Look like we have a cup-half-full
or cup-half-empty scenario right now. For the record,
I am with the cup-half-full group.
Genting has fallen more than 20% from the high of $2.35
to close at 1.85 after hitting a low of 1.83 last Friday.
Frankly, I am still cautiously bullish about the company
and believe it should move up above the $2 mark in no
time. Technically, the recent low of 1.83 is a good support
and should it fall below the mark, the next support will be
around the 1.76 mark. There is 2 gaps between 1.87-1.88
and 1.92-1.93 and a gap-covering of this 2 region will
be a great boost to the share again.
A couple of stocks to take note of, in my opinion, are
Biosensor, Ezion, UMS, Metro, STX OSV.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
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