Thursday, September 6, 2007

Today Tips 9.32AM

ranhill 3.29-3.53

equine 3.34-3.93

mbsb 1.5-1.6/1.79

Posted by CsLee at 9:32 AM

11 comments:

Unknown said...

MBSB i buy it already at 30/8 RM1.63
now want buy again?
or wait it up ?

September 6, 2007 at 10:39 AM
CsLee said...

Actually 1.6/1.61 previously was R4. So now 1.6 is your resistance. If you want to buy back, better wait the price drop to 1.5 level first, becuase your cut loss point will be 1.48,so your risk lower. If the price drop to 1.5, supported there, you buy back, then it up to 1.6, (resistance) you can sell all and make profit with the codition of you buy 2 times of 1.63 at 1.5. currently the price is 1.57, so I will suggest you to hold first. Anyhow, this is my recommendation, the decision I left it to you.

September 6, 2007 at 11:14 AM
Unknown said...

ok..thanks

September 6, 2007 at 11:24 AM
CsLee said...

ok, let me explain again. today range for MBSB is 1.5-1.6-1.79. now the price is 1.57. Right? Is below 1.6 (resistance). Am I right? If for me, I will not buy at this level. I will buy at 1.5 , support level. So better don don anything now. If the price can pass 1.6, means ur previous 1.63 got chances to go up to 1.79. These all are my suggestions. You have to make decision on your own. Hope it is helpful for you. :)

September 6, 2007 at 11:37 AM
CsLee said...

sapcres-wa, going to reach target soon. :)

September 6, 2007 at 11:49 AM
Anonymous said...

Equine I bought at 3.80 today, closed at 3.84 .... what is R2, R3 and R4?

Afraid afternoon market going down, what is SL for cut loss? If not, I will keep overnight but release it before T+3 due date.

September 6, 2007 at 12:40 PM
CsLee said...

Equine last R4 was 3.53, it passed tru that level, thats y can fly high to 3.9 for today. Next target is 3.93. If cant pass it, better lock profit first. Each day the counter price move within R and SL, R is resistance level. SL is support level. You will found that whenever stock touch the R, it will come down a bit. It can pass thru or not is depends on how bullish it is.

September 6, 2007 at 2:37 PM
Anonymous said...

I know, but how to find out points for R2, R3 and points of SL?

September 7, 2007 at 9:45 AM
CsLee said...

The way to find out R1 , R2, SL is very tricky. Have to compare with the total volume, buying force, then only can make a conclusion. It seems that Equine been pushed back when it near to 3.93, which is 3.9(highest yesterday). For your case, actually if you buy somewhere slightly above R4, 3.53 will be better, because you know the next target will be 3.93. Your cut loss point is 3.51 and below. So if you loss, just 2 cent, but u got chances of winning 37 cent. (assuming you buy at 3.56).

September 7, 2007 at 1:35 PM
CsLee said...

Boon hui, seems that MBSB is above the R (1.60). Thats cool, so next target is 1.79. It could be reached and it could be failed to reach as well, depends on the market force.

September 7, 2007 at 1:37 PM
CsLee said...

boon hui,

be alert, mbsb near 1.79 d. :)

September 11, 2007 at 9:34 AM

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