Keverus' SGX thread!

Keverus

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juve, if u want, u can follow this tip. i would actually consider this a 'bao jiak' trade.

buy silverlake axis. current price 1.155. target price 1.20 (first), then 1.25.
 

joshua182

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silverlake seems rangebound.. hits above 1.20 and then gets shorted and sold down to low 1.1s. short interest is still high.
 

Keverus

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silverlake seems rangebound.. hits above 1.20 and then gets shorted and sold down to low 1.1s. short interest is still high.

range trading. u take at 1.1x, sell at 1.20 (if u dare, wait for 1.2x), profit.

then at 1.20 to 1.2x, if u dare, reverse ur call, take short.

However, i will not do part 2 because the risk-reward ratio is not there. fundamentally this company is strong with high ROI margin.
 

joshua182

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range trading. u take at 1.1x, sell at 1.20 (if u dare, wait for 1.2x), profit.

then at 1.20 to 1.2x, if u dare, reverse ur call, take short.

However, i will not do part 2 because the risk-reward ratio is not there. fundamentally this company is strong with high ROI margin.

upward bias.. same as noble, i long for the whole of last week and cleared b4 friday was over.. Gretigue... fatigue of all things greek.. and i was in greece just yesterday.. lol.
 

Keverus

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upward bias.. same as noble, i long for the whole of last week and cleared b4 friday was over.. Gretigue... fatigue of all things greek.. and i was in greece just yesterday.. lol.

correct...fully agree with u..

to put it simply, long silverlake axis now while it is at 1.1x is like sure-win :s13:

wa, why suddenly go Greece? holiday? so shiok?
 

Keverus

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no. genesisx is (was?) the one playing debao.

i only played a small amt (debao cannot margin, so was quite limited too), earned $160, just nice for me to call a CAT150 :s13:

2psf8l3.png


debao now at 0.085, so yeah, i shouldnt had sold so fast haha.
 

Keverus

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great if mod's attention is drawn here. i have already requested for this to be moved to edmw. it's supposed to be a sgx/chit-chat thread.
 
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