Milo's TA discussion and sharing thread

[Sinkie]

70c should be a very good support

66c is also a very big support..

forming a flag, waiting for further movement, up or down and into the channel?

 

[Sinkie]

wilmar, next support abt 335

from pm

coming? 3.30 support?

on track to 3.30?

 

[Sinkie]

watch the 23c and 24c support, if chiu think is good, can load at 23c/24c channel.

26c looks a very good support as well.

assuming market sentiment remains bearish in sgx, a break of 23/24c support means it will go 19c, a good stock not scare of fire but if good news cant move it, then probably something is wrong or it has been factoered in

25.5 was the placement price, so it should be good support at the moment then

Spoiler

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_4D66AEAEFC7F36F648257AEF007DD97B/$file/Nam_Cheong_Proposed_Placement_11012013.pdf?openelement

To facilitate the delivery of the Placement Shares to the investors, the Company has requested the Lenders, and the Lenders have agreed to lend to the Company up to an aggregate of 190,000,000 existing issued shares which they hold in the Company prior to the Placement (“Share Lending”), comprising the 140,000,000 shares borrowed from the Lenders, and an additional 50,000,000 shares borrowed from the Lenders upon the exercise of the additional share borrow option by the Placement Agent, for sale to the investors procured by the Placement Agent on a best efforts basis.
The Placement Shares will be placed out at a price of S$0.255 per Placement Share (the “Placement Price”). The Placement Price represents a discount of approximately 9.70 % to the weighted average price of S$0.2824 for trades done in respect of the shares in the capital of the Company (the “Shares”) on the SGX-ST for the full market day of 10 January 2013 (the Placement Agreement was signed after the close of the market).

on closer look, forming flag again, first level support should be 24c

 

[Sinkie]

ipco, strong support at 26c

cedar, double top at 0.015, at support 0.01, break that support go 0.004

ipco - forming a flag, on track to 26c

cedar - still at support 0.01 and in channel

 

[Sinkie]

Thanks alot. I think the support is at 0.49. Need to confirm with your TA, might cut at that price haha.
Ur gf diden consult you before she hoot midas?

support is about 48c ba

midas, hit 48c support

 

[Sinkie]

not sure what is fct

tat

starhill - looks good

ksh

starhill global already covered in another post

tat hong - hit near my 1.42 tp and rebound

ksh - drifting slowly to 36c? or it could be in a falling wedge? lets see

 

[Sinkie]

genting? possible?

happening soon

 

[Dividends Warrior]

Sinkie very busy today!!!!!

 

[Sinkie]

woooohooo.. time to buy olam again?

Olam to review capex, free cash flow targets
PRINT |EMAIL THIS ARTICLE

The warrants, which could raise another US$500 million for Olam if fully exercised, have a strike price of US$1.291 and may be exercised only after 2016 - PHOTO : REUTERS
SINGAPORE - Singapore commodities firm Olam International Ltd, which came under attack last November by short-seller Muddy Waters LLC, said it has begun a review of its business including it priorities, capital spending and free cash flow generation targets.
"The review is expected to be completed within the next three months after which a suitable announcement will be made," Olam said in a statement after reporting its quarterly results.
Olam said its net profit rose 20 per cent to S$154.1 million (US$124 million) for the three months to Dec 31, from S$128.5 million a year earlier.
It added that the results included an operational gain of S$22.1 million due to fair valuation of biological

stupid olam, stubborn and stucked in the channel

 

[Sinkie]

Sinkie very busy today!!!!!

no, market sibei slow, also cant find anything i like to trade, so decided to do some follow up on the charts i draw previously lor

so sian, machiam everyone go IT show and then go mbs casino hoot le

 

[Sinkie]

after going through some of the charts, i notice last few days most of them are forming flags, looks like a big movement is coming

up or down?

 

[actman]

can shed some light in SMRT and hyflux ....
both looks interesting to me

 

[Sinkie]

can shed some light in SMRT and hyflux ....
both looks interesting to me

smrt - i would plan my investment at $1.60, $1.45 and $1.40

hyflux - looks nice, but resistence nearby at 1.46 to 1.47, can try abit but not too much taking that most of the candlestick are red in the triangle, resistence at 1.43 - 1.42

remember,

for a chart to breakout, there must be a catayst or insider leak
for a chart to breakdown, there is no need any reason but fear

 

[actman]

remember,

for a chart to breakout, there must be a catayst or insider leak
for a chart to breakdown, there is no need any reason but fear

gam sia

 

[Sinkie]

gam sia

no problems..

not an inducement to buy/sell, but for education

 

[hellfire88]

got more in depth analysis on we holdings?

i wonder if it will test 0.14 support...

 

[leozzz]

Hi guys, any recommendations for any reits or blue chip with decent dividends to keep for long term?

 

[Sinkie]

got more in depth analysis on we holdings?

i wonder if it will test 0.14 support...

lets look at the big picture

today selling is due to contra due for the 1st white candlestick, probably today is profit taking

lets look at past 4 days intraday candlestick, look where the high volume is, is the price where the high volume were transacted higher than the price u see now?

this stock at the moment has many stuckist, who are either
1) averaging down
2) biting fingernail
3) cutting loss
4) taking profit
5) rolling contra

so what do you think will happen to we hlding on monday when those caught high will do when 14c is broken?

lets see the breakdown of volume transacted per price level for past 5 days and see where the stuckist are

from 152 to 143, many many volume transacted, ask yourself what will be your stop loss if you hooted at 143?

its everyone guess now..

i might try 131, but have to see the price action

the worst thing happen now is when uobkh curb online trading on we hld

 

[Milo-Dino]

sinkie analyse thai leh.... never see you analyse thai before

 

[Sinkie]

sinkie analyse thai leh.... never see you analyse thai before

wtf