The range will maintain the same as long as the volume not dropping drastically. Normally will be the same for at least 1 week. So now look at the 1.09 (resistance).If can pass, next target could be 1.20. Good luck man....
hi cslee, today market abit weird... most shares open high in the morning, but later a strong selling pressure push all prices down... may i know what's happening? and what is the overall market trend for this week? thx.
Normally if US up a lot, then our market will open high and go down gradually. can say 85% the trend is like this. In my opinion, this week market should be stable without any sharp drop happen. It will play wide range. Very tough for intraday player. Overall buying force not that strong, so not much tips can be given. We just watch and stay outside market first, when the force come in again then we join the trend. :) In the meantime, be careful with the Support and Resistance Level.
Gplus today went all the way down. By the time you went in, is it stay at 1.02 for quite some time? Actually is quite dangerous if we went in when the stock is on the way down. So next time if see this kind of counter, wait and observe see whether it can sustain at the support level or not. (Gplus 1.00) if it looks ok, then only try it. Anyway, you loss 4 cent only by applying the guideline. The most important is to protect the capital. If next time DJ soar, then must beware of the KLSE on the following day.
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6 comments:
i didn't manage to buy back at 1.00, pity... :-(
may i know the price range posted here is valid for how long? say 1 week or 1 month? thx...
The range will maintain the same as long as the volume not dropping drastically. Normally will be the same for at least 1 week. So now look at the 1.09 (resistance).If can pass, next target could be 1.20. Good luck man....
hi cslee, today market abit weird... most shares open high in the morning, but later a strong selling pressure push all prices down... may i know what's happening? and what is the overall market trend for this week? thx.
Normally if US up a lot, then our market will open high and go down gradually. can say 85% the trend is like this. In my opinion, this week market should be stable without any sharp drop happen. It will play wide range. Very tough for intraday player. Overall buying force not that strong, so not much tips can be given. We just watch and stay outside market first, when the force come in again then we join the trend. :) In the meantime, be careful with the Support and Resistance Level.
this morning bought at 1.02, but afternoon session drop very terrible, cut loss at 0.98 :-(
hi,
Gplus today went all the way down. By the time you went in, is it stay at 1.02 for quite some time? Actually is quite dangerous if we went in when the stock is on the way down. So next time if see this kind of counter, wait and observe see whether it can sustain at the support level or not. (Gplus 1.00) if it looks ok, then only try it. Anyway, you loss 4 cent only by applying the guideline. The most important is to protect the capital. If next time DJ soar, then must beware of the KLSE on the following day.
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