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I can't advise u but can give u some tips but its still ur decision to hold or sell off ... the next support is 0.80 once break another one is 0.78... if break loose i wont want to say ... u should know..
Hold till next financial report if u can ...
gigi_388 ( Date: 10-Oct-2010 12:10) Posted:
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Any one can help me, I bought 0.87 long time ago,,, sould i still hold it ??
Let's hope it can hold on and stay at current price of 83 cents.A drop below this price might see it goes down to 76 cents.Being cautious is the key thing now...
Water Specialist
Price is kind of High.
Both MACD and Stochastic show that SoundGlobal is Heading Down.
It's better to wait for it to fall below $0.80 to Buy.
Just my personal opinion. Don't take it too seriously.
Good luck.
stocksburntme ( Date: 08-Oct-2010 15:02) Posted:
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pathetic. up in the morning, down in the afternoon
The price is hovering around 83.5 - 84 cents.For Mid to Longer term I think the price might go up.Hope one day it will be able to reach the Listing price of 93 cents in HKG.
SoundGlobal
I think so long it doesn't goes below 83 cents then it should be ok.Hope to see some buying interest/activities for this counter tdy.
SoundGlobal
Yeah, I have had the experience of "long-term investing" with some of my other counters as well, but fortunately, with patience, most stocks do recover in time to come! (Like SGX, which was in the doldrums for so long until recently!!!)
i bought at 0.9, think gonna hold till next year liao
Yeah, sick of waiting for things to happen. Decided to take profit and move on already.
Good luck to all who are still vested.
Many of us whom have high hope get quite disappointed that things doesn't work out the way We anticipated.
But those whom came on at around 71 cents just 2 weeks back still sit on huge profits. But most of them came on at that price would probably take their profits.
hopeless again
I hope so too, but on what basis do you say this huh?
It doesn't seem to be moving much anymore, and there're no upcoming news to trigger movement, yeah?
New123 ( Date: 06-Oct-2010 08:14) Posted:
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I think is going to test 88 cents and perhaps 90 cents.
Looking forward for it to surge above 90 cents ...
SoundGlobal
No show from this bugger today . sad
i took my profit as well....
good thing i took profit yesterday..
:) once a trader always a trader..
not losing is my game..
ozone2002 ( Date: 29-Sep-2010 11:12) Posted:
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On Thursday, Sound Global re-tests the major support at $0.835 and closed at $0.86 with HIGH volume of 29.11 million shares traded.
A dark cloud occurred (which indicates that prices moved up strongly on the previous bar, opened higher, but then closed significantly lower). This implies weakness as the momentum appears to be shifting from the bulls to the bears. Note that the lower the close of the black candle (relative to the white candle), the more bearish the dark cloud pattern.
Both RSI & MACD are still bullish as RSI still supported on the rising trend line.
Important Resistance of Sound Global: $0.91
Immediate Support of Sound Global: $0.835
Currently prices are supported by technical /200 days MA at $0.835
Investors began to take profit today as affirmed by the heavy selling pressure.
However prices still remain supported at the critical level of $0.835.
SEE ANALYSIS FOR WILMAR
Understand that many investors actually buy on breakout yesterday but do not worry too much. Just watch the support at $0.835 for any indication of pullback and hope readers can now understand why we do not encourage buying stocks on 2nd day of breakout.
Don't worry as investor was paying 93 cents to buy the shares I think it will go up in the matter of time.
Is a good opportunity to accumulate if it come down to 83 cents.
SOUNDGLOBAL