Milo's TA discussion and sharing thread

[Sinkie]

yes sir! thats the cup Sorry if i made a mistake.. I still learning..

Was driving just now so cant show any charts.


But yesterday ended with a black candle which made the cup not so well formed. Today with selling at 0.198, this might nt be the cup I'm looking for at the moment. Think will enter more if it stables at 0.199-0.2.

well, are you expecting something similiar like we holding for innopac?

again, we holding breakout with the news that they are going to do a small rto to a mymmar company, and not because of simi kkj golden cross over or simi stochastic or macd or simi trend trading etc.

the recent run up for innopac is they bought a small diamond mine in australia, so for innopac to have similiar chart as we holding, we probably must wait for diamond to be found in mynmar first, then innopac just got to make a simple announcement they are looking to find a diamond miner in mymmmar or they are looking for ways to go in mymmar to dig diamond

but with the australia diamond mine boss taking a small stake of innopac at 2c, other than that i dont know what more news they have not announced yet that the price is still holding around that price level

i personally wont be touching it for the moment, and so lets just wait for further news announcment or watch the chart for any possible insider leak ba

 

[Milo-Dino]

is this the cup you are refering to?

No wonder cannot see.... the cup isnt even half formed... not to mention still to wait for the candle....

 

[Sinkie]

No wonder cannot see.... the cup isnt even half formed... not to mention still to wait for the candle....

well, it is a good anticipation

there is no reason needed for a chart to breakdown, because it could die because of market sentiment or profit taking but you need many good reasons for it to breakout, so if there is no reason or news, a chart will not breakout unless it is undervalued (innopac nav is $0.021 ) and people are buying to keep

so that why i favor a breakdown more than a breakout unless the chart start moving up again to form the cup

 

[Dividends Warrior]

DBS target price for starhub is 4.30

 

[Sinkie]

seems like a low risk trade. stx osv as explain by peeps here.

was looking at the chart just now

watch the $1.22 support when the offer expires on March 13 at 5.30pm.

well, the buyers are trying to keep the 1.22 away from the bid/ask so that they couldnt accumulate and increase their stake to bring it delist, but once the offer expires on march 13, lets see what happened next. a breakdown from the 1.22 will probably see 70c and another good chance for them and me to accumulate

 

[Sinkie]

DBS target price for starhub is 4.30

can paste report here?

 

[remy3413]

was looking at the chart just now

watch the $1.22 support when the offer expires on March 13 at 5.30pm.

well, the buyers are trying to keep the 1.22 away from the bid/ask so that they couldnt accumulate and increase their stake to bring it delist, but once the offer expires on march 13, lets see what happened next. a breakdown from the 1.22 will probably see 70c and another good chance for them and me to accumulate

you forget to mention the Q4 earnings release in 2 weeks time, if it gets past this hurdle, i don't see it coming down to 1.22 unless a major general correction appears. If the earnings are decent, the price may bounce back up and benchmark at that whatever level at least until the offer is over

 

[Sinkie]

you forget to mention the Q4 earnings release in 2 weeks time, if it gets past this hurdle, i don't see it coming down to 1.22 unless a major general correction appears. If the earnings are decent, the price may bounce back up and benchmark at that level at least until the offer is over

http://deluxeforums.hardwarezone.com.sg/73969549-post38.html

Mentioned in another thread

Iirc, the run up was due to the anticipations of a 1.60 to 1.70 takeover price which didn't happen.

Lets wait for the earnings first, probably the reason why the Italians are not extending the offer is they already know the earnings and outlook so don't favor a takeover price of $1.22 and felt they can takeover it at a lower price? It's just my guess.

Remember, price is about expected projection so probably the q4 earning would have been priced in. Lets see lah, $1.22 will still be the support till the offer ends and before it ends, $1.24 is still a $0.02 risk and reward is maybe $1.30?

 

[remy3413]

www.hardwarezone.com.sg - View Single Post - STXOSV oversold despite drop in 3qtr profits

Mentioned in another thread

Iirc, the run up was due to the anticipations of a 1.60 to 1.70 takeover price which didn't happen.

Lets wait for the earnings first, probably the reason why the Italians are not extending the offer is they already know the earnings and outlook so don't favor a takeover price of $1.22 and felt they can takeover it at a lower price? It's just my guess.

Remember, price is about expected projection so probably the q4 earning would have been priced in. Lets see lah, $1.22 will still be the support till the offer ends and before it ends, $1.24 is still a $0.02 risk and reward is maybe $1.30?

yeap the run up was because of the rumor takeover at 1.60 and above. My guess is that the Italians have no intention to takeover STX, it's just a formality since SGX rules states that they must make an offer. Besides, overall it's an Italian company and Europe is still not out of the woods yet so probably they also no money to takeover

Fundamentally, the company looks decent and the nature of the business is not so competitive. 1.30 seems to low for my reward haha Vested

 

[Sinkie]

yeap the run up was because of the rumor takeover at 1.60 and above. My guess is that the Italians have no intention to takeover STX, it's just a formality since SGX rules states that they must make an offer. Besides, overall it's an Italian company and Europe is still not out of the woods yet so probably they also no money to takeover

Fundamentally, the company looks decent and the nature of the business is not so competitive. 1.30 seems to low for my reward haha Vested

Well, u need to look at the osv sector outlook for 2013. Is just like a Bollywood hot actress wouldn't get any business if she's standing at lor 8

 

[remy3413]

Well, u need to look at the osv sector outlook for 2013. Is just like a Bollywood hot actress wouldn't get any business if she's standing at lor 8

the outlook looks good (at least to me)

 

[Milo-Dino]

i'm personally hoping it will push to 1.35-1.40

not expecting 1.60-1.70.

 

[Sinkie]

i'm personally hoping it will push to 1.35-1.40

not expecting 1.60-1.70.

probably like this

another lower high?

 

[remy3413]

probably like this

another lower low?

looks good, 1.40 for a reward is quite decent

what about ezra? the bollinger band looks like getting squeezed soon, support looks strong at current price

 

[Sinkie]

looks good, 1.40 for a reward is quite decent

what about ezra? the bollinger band looks like getting squeezed soon, support looks strong at current price

support looks good, stronger support at $1, but the recent lack of activities and volume seems to be a concern. lets wait for the bounce off, or else if the $1.14 support couldnt hold, i probably will look at $1

 

[remy3413]

support looks good, stronger support at $1, but the recent lack of activities and volume seems to be a concern. lets wait for the bounce off, or else if the $1.14 support couldnt hold, i probably will look at $1

nice, i saw the 3 supports you mentioned

divergence still negative, i'm still waiting for the general market correction, should be march?

 

[Sinkie]

nice, i saw the 3 supports you mentioned

divergence still negative, i'm still waiting for the general market correction, should be march?

You wouldn't want it to happen so soon..

This time it will be George soro

 

[Dividends Warrior]

can paste report here?

Ok. I sic.

http://www.remisiers.org/cms_images/research/Feb11-Feb15_2013/sth-dbsv_080213_buy.pdf

 

[n1ef5ng]

Err Wth thbev bursted

 

[Sinkie]

Ok. I sic.

http://www.remisiers.org/cms_images/research/Feb11-Feb15_2013/sth-dbsv_080213_buy.pdf

Report looks good.. Gxgx