Milo's TA discussion and sharing thread

Sinkie

Greater Supremacy Member
Joined
Jan 20, 2009
Messages
86,036
Reaction score
20
dear sinkie and milo,

can pls do a TA on soundglobal? seems like it's a good bottom to fish

thanks in advance!

PdN72G2.png


there is a multi-level support at 50c.

50c must hold, once its broken will do another analysis
 

magemerlin

Member
Joined
Mar 31, 2001
Messages
286
Reaction score
0
Thanks sinkie!

Am trying my hands on some momentum/TA trading like DW

Am also a young punk like him with most of my assets in reits and trying to venture into trading :)

From what I gathered so far...

0.49-0.5 is solid support
FA wise not too bad - profits increasing (slight dip expected in 2012 but still profitable)
Stock has been sold down without any obvious bad news (despite STI going up)
Insider buying - director bought about 8 million shares at 0.52-0.565 late last year

Also bought 20 lots of rowsley at 0.41 last Friday...still holding on to it
 

Sinkie

Greater Supremacy Member
Joined
Jan 20, 2009
Messages
86,036
Reaction score
20
Thanks sinkie!

Am trying my hands on some momentum/TA trading like DW

Am also a young punk like him with most of my assets in reits and trying to venture into trading :)

From what I gathered so far...

0.49-0.5 is solid support
FA wise not too bad - profits increasing (slight dip expected in 2012 but still profitable)
Stock has been sold down without any obvious bad news (despite STI going up)
Insider buying - director bought about 8 million shares at 0.52-0.565 late last year

Also bought 20 lots of rowsley at 0.41 last Friday...still holding on to it

watch your rowsley tomorrow. t+5
 
Last edited:

magemerlin

Member
Joined
Mar 31, 2001
Messages
286
Reaction score
0
will watch it closely, thanks

bought 40 lots of soundglobal at 0.515 this AM, shall see how it goes
volumes seem to be picking up
 

xcaflowne

Junior Member
Joined
Apr 24, 2011
Messages
41
Reaction score
0
a simple question - if i buy a stock on monday, and settlement is T+3 so do i need to sell/settle it on wednesday or thursday?
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top