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821-840 of 5997
1.30?
short term long this counter
hmmm ..... 1.30 next ?
Close my short on CoscoCorp today.
Fear is more than anything in the stock market now and even if there is a rebound, it will likely be a very mild one and those weak holders will tend to throw. Unless otherwise the market situation and sentiment improve progressively, it will be a volatile market in the short term.
Go where? All signs pointing one way i.e.
bluesky88 ( Date: 22-Aug-2011 09:35) Posted:
| Ooh baby sui sui...go go go.. |
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Ooh baby sui sui...go go go..
On Friday, Cosco broke the critical support at $1.02 and closed at $0.975 with HIGH volume of 45.16 million shares traded.
Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.
Both RSI & MACD are bearish though RSI in oversold region.
Important Resistance of Cosco: $1.02
Immediate Support of Cosco: $0.92
Currently prices are well below the 20/50/100/200 days MA.
Since April, prices have been falling forming a lower high and lower low. This affirms to the bearish trend of the stock.
In fact, prices have plunge below the critical support at $1.02 already indicates investors are dumping the stock and do not look back.
The minor support at $0.92 is expected to be weak as well.
http://singstocks.com/
Sifu is right....
practically everyone who bought stocks
any stock recently are now already very
pengsan...
Hawkeye ( Date: 21-Aug-2011 22:49) Posted:
Thank God?! stock down 20%?
If you hold any longer, HOPE you will not be hanging on his pants following the stock!
JUNWEI9756 ( Date: 21-Aug-2011 22:33) Posted:
| 2 months ago i was contemplating whether to buy Noble, Cosco, or Genting. In the end i bought Singapore land.. Thank god... |
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Thank God?! stock down 20%?
If you hold any longer, HOPE you will not be hanging on his pants following the stock!
JUNWEI9756 ( Date: 21-Aug-2011 22:33) Posted:
2 months ago i was contemplating whether to buy Noble, Cosco, or Genting. In the end i bought Singapore land.. Thank god....
iPunter ( Date: 21-Aug-2011 22:17) Posted:
| It dropped like sheet... lol... |
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2 months ago i was contemplating whether to buy Noble, Cosco, or Genting. In the end i bought Singapore land.. Thank god....
iPunter ( Date: 21-Aug-2011 22:17) Posted:
It dropped like sheet... lol...
stockwinner ( Date: 19-Aug-2011 17:42) Posted:
walau.... really cannot tahan Cosco.... still got 2 lots see it drop from 1.80 until now 0.97....
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Because of oil drop, some sector kanna oil leak.
Because of slow growth, some sector become turtle.
Because of all those debt, all sector kanna rape, just that which is the worst hit.
It dropped like sheet... lol...
stockwinner ( Date: 19-Aug-2011 17:42) Posted:
walau.... really cannot tahan Cosco.... still got 2 lots see it drop from 1.80 until now 0.97....
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On Friday, Cosco broke the critical support at $1.02 and closed at $0.975 with HIGH volume of 45.16 million shares traded.
Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.
Both RSI & MACD are bearish though RSI in oversold region.
Important Resistance of Cosco: $1.02
Immediate Support of Cosco: $0.92
Currently prices are well below the 20/50/100/200 days MA.
Since April.............. READ MORE
walau.... really cannot tahan Cosco.... still got 2 lots see it drop from 1.80 until now 0.97....
Cosco I have set a stop at 95.5ct and tp of 1.10..... Markets is in downtrend.... Bye...
I'm more of a bullish person (in a bearish market)..
I agree, it's pretty bearish market with both dow (usa) + euro zone (banks) turning downwards big time.
so my framework for this is:
1) Super cheap for some stocks (Hooray!)
2) wait for an obvious price action (double btm) for this counter eod b4 buying..
3) Cash is King (No position is also a position / No visible price action / Don't know don't trade)
I still can see many big lots buy up on both COSCO and YZJ.
Hopefully those buy ups volume are for covering their shorts and not really going long.
By the way, when is the exact date that short selling on Financials in Europe going to be lifted?
Sgshares ( Date: 19-Aug-2011 15:31) Posted:
| Maybe start to long when all counters down to 10 cents. Crazy weak market.
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If I said Europe and Dow will be green today, is it lucky to short? lol
Maybe start to long when all counters down to 10 cents. Crazy weak market.
