Milo's TA discussion and sharing thread

[iAmBored]

Hello, can help TA on scintronix?
Bit of bullish reversal today and also got news that the former CFO from ying li just joined them last week.

 

[Sinkie]

Hello, can help TA on scintronix?
Bit of bullish reversal today and also got news that the former CFO from ying li just joined them last week.

This is milo love and hatred stock? Care to GPGT first? I'm curious too?

 

[Sinkie]

Bro Sinkie,
I thought the chart still looks pretty decent. No?
Need your expert advice..

I don't like the gap up red doji

 

[Sinkie]

Seriously penny needs to start moving and recover its loss, or else it only means more margin call and force selling which is no good for the market

 

[mapleaves]

relax, it is just a harmless rumor, but very strange move made by properties + banks last few days, if rumor is really true, then is gg

this rumor coupled w the new property tax structure laid out in budget 2013, seems like there's more downside than upside for property counters..better dump my city dev soon..

 

[iAmBored]

This is milo love and hatred stock? Care to GPGT first? I'm curious too?

Ah the bull was last week's candle. ~.~
Still possible for the bull to keep pushing? Support at 2.9cts?

 

[Sinkie]

Ah the bull was last week's candle. ~.~
Still possible for the bull to keep pushing? Support at 2.9cts?

It hits the ma21 and bounce. It needs to breakout. Can try abit but this stocks is very little liquidity so must take note especially there's alot of upper tails candlesticks building up the uptrend. Have to be quick to take profit

 

[iAmBored]

It hits the ma21 and bounce. It needs to breakout. Can try abit but this stocks is very little liquidity so must take note especially there's alot of upper tails candlesticks building up the uptrend. Have to be quick to take profit

Resistance is 3cts?

This is milo love and hatred stock? Care to GPGT first? I'm curious too?

Why love hate? Care to share a bit?

PS. many thanks for all the help.

 

[Sinkie]

Resistance is 3cts?



Why love hate? Care to share a bit?

PS. many thanks for all the help.

Resistance is about 0.035

But don't wait for 0.035 to breakout but I would instead go in and take profit at 0.035

Anyway like mentioned earlier, penny market tio xiong Liao, try not to go in, be tactical and queue low for the bounce, don't chase anymore le

 

[Milo-Dino]

Resistance is 3cts?



Why love hate? Care to share a bit?

PS. many thanks for all the help.

Because i spotted it days ago when it moved to 3.2c.... then it gapped up and hit 3.6c... and now back down all the way.... doji evening star spotted n confirmed...

Pennies getting hit.. I suggest to keep away from the counter if you are not vested.

But in theory there's a large rounding bottom that needs a breakout above 3.6

 

[staedtler_07]

Seriously penny needs to start moving and recover its loss, or else it only means more margin call and force selling which is no good for the market

If US close up today, I'm guessing it will spur our local bourse to go up in the morning. This might drive the pennies to open up in the morning again, by then I am guessing a drop either in the afternoon or towards closing?

Just my $0.02....

 

[mkaung2000]

i may be wrong
but gnn why all pennies stock CUI despite sti +43??
something smell so not right

I think mid caps will follow after blue chip... my hope only.

 

[Sinkie]

If US close up today, I'm guessing it will spur our local bourse to go up in the morning. This might drive the pennies to open up in the morning again, by then I am guessing a drop either in the afternoon or towards closing?

Just my $0.02....

Liquidity has been sucked into mapletree already

Tomorrow probably after 2pm whole market will hentaki to watch mapletree ipo

I probably will short at matching

Just got to see about penny, today is t+3 of the big penny drop, will see some force selling, if market dont bounce for penny, this Friday will be a stronger bloodshed

 

[staedtler_07]

True, Let's see if those that are stuck can get out by tomorrow. If not, we should be seeing a bleeding market by Friday as people start to take their profits.

 

[leadtin]

broke the 80c support, now entering the channel again le

Thanks for the follow up chart.

What do you mean enter the channel again?

 

[Sinkie]

Thanks for the follow up chart.

What do you mean enter the channel again?

See the 2 red parrellel line?

That's the channel and tomorrow it's sti review date iirc and that's a chance Hutchinson might bounce abit

 

[Sinkie]

True, Let's see if those that are stuck can get out by tomorrow. If not, we should be seeing a bleeding market by Friday as people start to take their profits.

I know these 2 days, many are still stucked especially those who bought days before the big drop

Finger crossing

 

[Milo-Dino]

I know these 2 days, many are still stucked especially those who bought days before the big drop

Finger crossing

wave ah wave ah wave...........

 

[Milo-Dino]

Everyone ready for 2pm liquidity drain?

Hope thbev use this chance to sneak a move

 

[n1ef5ng]

Might if I ask what is liquidity drain
And why thbev might sneak to move or any other stocks

Still learning

Everyone ready for 2pm liquidity drain?

Hope thbev use this chance to sneak a move