Stock Price Resistance and Support Level

Ok, as promised, this is the recommended
stocks support/resistance together with their
performance so far.
If you are really interested to make more money
by knowing how, where and when to fish, then
heed my advice and get to know Mr Market better.
I recommend getting this course "Nicolas Darvas
Trading Secrets Home Study Course"
Read up what it says about simple yet powerful
method, Darvas Box Theory to make money in the
market. If you want to learn how to fish, then you
have to get it. If not, you will be blindly fishing in
the milky and choppy water.

Also, if you are interested in Having A Dragon Baby
then go the site above. 

Lastly, I present to you the recommended
stocks support/resistance together with their
performance so far:

Stock	Closing Price on 30th Dec 2011	Highest Price (till 23th Feb 2012 closing)	% Gain	Upside Target	Nearest Support	Nearest Resistance
China Minzhong	0.815	1.175	44	40-50%	1.05 then 1	1.175 then 1.21
GLP	1.755	2.15	23	40-50%	2.11 then 2.04	2.18 then 2.24
STX OSV	1.16	1.755	51	40-50%	1.62 then 1.58	1.69 then 1.755
Noble	1.13	1.535	36	40-50%	1.36	1.505
NOL	1.125	1.515	35	40-50%	1.27	1.345
Yanlord	0.955	1.5	57	40-50%	1.4	1.52
Biosensors	1.43	1.7	19	40-50%	1.39	1.51
Genting	1.51	1.73	15	40-50%	1.63 then 1.57	1.63 then 1.655
Ezion	0.66	0.97	47	30-40%	0.97	0.895
Ezra	0.84	1.335	59	30-40%	1.215	1.3
First Resources	1.51	1.84	22	30-40%	1.76	1.84
Indo Agri	1.265	1.695	34	30-40%	1.62 then 1.56	1.62 then 1.70
YZJ	0.91	1.4	54	30-40%	1.34 then 1.28	1.34 then 1.4

Market View 24 February 2012

This is getting more and more interesting...
I received emails and skype message that
just the mentioning of me going on vacation
is "powerful" enough to cause the market
into a tail-spin. This is like making a mountain
out of a molehill. The market is already over-ripe
for a healthy break and it can happen anytime
just that it somehow materialise 3 days before
my departure.

So is the selling over?
I am actually expecting a 10-12% retracement
from a recent high and for some stocks it is still
just the beginning of the selling and it may take
a while for it to be done.I will try to compile a list
of support/resistance for the recommended stocks
today, and if it is not up by tonight, it will be before
I left Singapore. Do take note that this is just my
personal view and it may or may not work out
this way.


On a side note, this blog is going to be revamped,
but I am still considering the scale of it. I am trying
to appease my wife's critical comment that it is stupid
for me to set-up this blog to tell strangers about the
winning stocks when I can secretly trade those myself.
Anyway, this is a story to be told when it is "de-classified".

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        

Market View 23 February 2012

It was a pool of red in my watchlist yesterday
but still not the entire pool as what I wanted.
A reader asked me yesterday how long will
the selling lasts and what will be the scale?
You see, we had a great 2 months of buying
frenzy, what is with a few day of healthy normal
profit-taking. We have reached a stage whereby
there are very buying opportunities and the
risk is getting with each passing trading day.
I believe that this selling sentiment should continue
for days unless there are some fundamentally
encouraging news within or abroad.
But seriously, I doubt so.

For those who feel offended when I quoted as
wanting trading tips at the wrong time, you shouldn't
feel that way. You should learn from experience that
next time when the market is so hot and you are
not in it for quite some time, and then when you
finally decided to take the plunge, the END is near.
This scenario is always repeated and it will continue
to repeat and repeat...... until you eventually decided
to find out exactly how and what the market is thinking.
You won't be able to know entirely what Mr Market
is going to do, but at least you know how to deal with it
when it happened. Read some books, learn from experience,
gain knowledge and then face off with Mr Market.
Take note, "不经一番寒彻骨， 哪得梅花扑鼻香"

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         

Market View 22 February 2012

This is getting interesting...
I "suddenly" received several emails asking
for stock trading "tips" to make some money
in the current market condition. Thank you for
such a great indication that the market may have
already hit its interim peak and the headwind
will come at anytime. I got people who just opened
a brokerage account and immediately want to
make money from the market. I don't know
whether to give out any more fishes as this
is not helping him but will cause him more
damage in the long run. I have to re-iterate again
to educate yourself before plunging into the
market. This is not a casino that you are going into
and with many simply trading on contra, the losses
can be quite disastrous. Read up on some books,
follow the stock for some time, look up the charts,
read up the news, and don't just ask for "tips"
I am not a tips-giving machine. Oh ya, by the way,
I am not giving out tips, I am just stating what the
charts told me about the support/resistance and
where and what the stock will do next. You can call
what I am doing as giving out recommendations.
I simply don't want to see in Skype or read in email
any mention of the word "tip". Period. 

Ok, some readers wrote that I have not writing much
about the trading stocks. There are a few reason,
firstly, I am going off to a one-week vacation next
week so I don't want to be heavily vested this week.
Next, I am looking at fragile trading sentiment and
condition happening in the stock market and many
stocks are showing signs of taking a break.
I tell you something that I observe. There is no single
day that none of my recommendation stocks in the
beginning of the year is being played-up and in green.
If there is a day that ALL of them are red, and it continues
for a second day, then be very careful.

You guys need to know that the market won't be moving
up in a straight line and last throughout the year.
At some point of time, something drastic is sure to
happen and it can be a shocking news or financial figure.
Then the selling will starts and retracement back to
reasonable price will happen to the stocks. The BIG BOYS
need to buy low again and they will press down the
stock to collect them at low. And the ball game will
starts again. I believe the TIME may be very very soon.

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      

Market View 21 February 2012

I am not sure whether the readers do look
at the Top Volume everyday. If you did look
at yesterday's Top Volume stock, then you
should noticed something very strange. We
got so many pennies stocks and strangers
in the Top Volume until the normal stocks
like Genting became 14th, Noble was at 19th
and even Singtel was at 24 and NOL at 25th.
This is certainly not healthy in my opinion, and
I believe it is a signs that speculation have shifted
to the more riskier stocks, and once the music
stops, we shall see who is swimming in the sea naked.

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      

Market View 20 February 2012

I received several emails over the weekend
asking when the stock market will finally
succumb to profit-taking and/or having a
correction. The "problem" with the market
right now is that there are too much Liquidity
in the market right now. With China's move
to loosen money supply bu cutting the amount
of cash the banks must hold as reserve by 0.5%
to 20.5%. there is going to be even more added
liquidity into the market. On a personal level, if
you sell off your stocks at a good profits now,
where will you put the money next? Chances
are that the seed money plus profits will flow
back into the stock market AGAIN but this
time it is pump into other different stocks.
This is the real scenario happening right now.

I got asked when will the market tank as the
readers did not or "participate" not much in the
current buying frenzy. In my view, the market is
very ripe for a significant pull-back but it seems
like the scenario is going to continue for some
time being any major selling will come.
I am going for a short one week holiday next
week starting from 27th February. I believe that
the readers can still recalled that I have a travel
jinx last year, as in when I am went for a holiday,
the market will take a breather or the profit-taking
will happen. I am not sure whether the jinx will
cross-over this year, but do take note of any reversal
selling next week.

Expect market to open brightly this morning but like
last Friday, I will turn cautious as the day proceed.
If you are not comfortable with the stock price now
then please don't rush in and chase up the stock.
You may just get stuck in or near a day-high opening.


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