Taking a break for a week....

Will be taking a break for holiday, so I won't be doing any analysis for next week on the stocks starting tomorrow till 3 April 2010.

Happy Trading and Happy Weekend..

Star-Trader

Z-Obee and Novo Group

Tonight, I am going to answer some of the questions by my subscribers.

1) Why I bought Z-Obee (from my previous post) and locked out so early to ride on the small profit?
2) Novo Group's analysis...
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Answers:

One thing when I locked in a stock, I would like to make sure what I am buying is worth on the FA as I do not want to have any problems when got into the stocks and face the dilemma of problems later on.. So, for Z-Obee, is merely a small profit rides based on the TA as I didn't really know about the FA.. Thus, to be safe side, getting a profit better than losing it.. And how many lots that I bought, I can tell you it was 60lots which I earned merely $600(before commission) in less than 20mins...Locked in at 0.425 and out at 0.435.. Looking back at the price now which is 0.48, I have no regrets at all as I like to play on the safe bet and getting nice profit better than sitting on loses...

Maybe I should spend more time to study on FA now to spot stocks that I can rely on for TA and trade it with care...

As for NOVO Group, I detected the signals as well but didn't post it here. All I know is they deal with steels. It goes the same to this stock as well.

So, I hope to come out with those stocks soon which are good in FA that I can rely on to trade with my TA expertise.. Check it out soon...

And I will continue with the lesson soon for those that subscribe to my email list at the right side corner.

Thanks,
Star-Trader

Ausgroup and Straits Asia Resource's buying tips...

Hi,

Previously I posted at sharejunction forum on these 2 stocks on the buying trend..

Straits Asia was pretty much on the run, but not Ausgroup which currently stucked at the range of 0.595 and 0.6. Someone written to me and asked why Ausgroup didn't run as per what I said today or the next few days..

Please.. I only based on purely TA on my own system and I said "might" and it could be still in accumulation mode as not in breakout channel yet , so please buy and make your own judgement whether you want to follow my calls...

Thanks,
Star-Trader

Ausgroup's Technical Analysis what happened to Ausgroup today? Any latest news?

Today's , out of nowhere it's form a hugh volume with a buy-out for Ausgroup and from the candlesticks pattern, this buy-in volumes still not have not catch a breakout yet.
OBV showing signals..

So, check this stock out. It may gap further but exit at the "right price right profit", I will explain later what it means by "Right Price Right Profit" or rp2, or RP square..

So, if you managed to get it at 0.6, from my opinion...a good one, but even better if it is at 0.595.

I will keep a lookout on this. I didn't get it today but definitely a lookout..

SOBAYOR,
Star-Trader

Z-Obee, another run up?

Can we ride on a profit on Z-Obee? with This is purely speculative but if you want to take a risk, this will be In and out on the riding mEwave which can purchased at 0.425 and exit at the price that can justify how much profit you want but beware the gap is small.


P/S: I was about to post this at 0.42/ 0.425 but due to my PC's problem.. Anyway, now already 0.435.. I bought at 0.425 and sold off at 0.435 though didn't catch the high of 0.44/0.445. Not going to vest this for long..

But is good to know more on this stock doing, why is a run-up for the past few days..

SOBAYOR,

Thanks,
Star-Trader

Ezion Holding,still holding on 1/4 @ $0.765..

Ezion Holding, yesterday didn't queue to ride on the mEwave @0.765 but is ok. Although the uptrend is still intact, I didn't make a decision to queue at $0.765 is because the global direction market is still not clear, thus made a decision not to sell off everything instead keeping 1/4 of it at $0.765.

Today, it opened gap at 0.775 now. Let's see if it can gap further to another price range.
Should I chase the stock? I always mentioned not to chase a stock but will check it through though based on the volume push and other indicators. Now, just happy with the current holding I am having.

Thanks,
Star-Trader

Parkway Holding technical analysis chart and momentum..

Just glanced through the OBV and momentum..

Parkway Holding OBV and momentum were positive but if you willing to take risk to lock in, you must look at the price exit to dispose off at the right exit price for your profit to ride on the mEwave..

SOBAYOR,
Star-Trader

DOW up yesterday..What's next for STI?

Just posted to my subscribers , part of it as below.... For more information, you can subscribe at the right corner...

"
DOW posted a positive gain yesterday. What influenced it to go up?

US Commentary: Healthcare Reform Passage
Largely positive reaction on this has been due to the movement for DOW yesterday but still the day's upside might have also been limited on overseas financial concerns , like the Greek Debt.
The House of Representatives voted last Sunday night on this package of health reforms....
...
...
..

"