Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Today klci made new yearly high, so we will expect to meet some resistance. But still no reason to panic and sell, because virus and hot money still in the market.
I don’t really worry much about quater result though
Because this is theme base price movement.
As long as the company doesn’t make a loss, and as long as virus and hot money still in the market, then the theme is ON and the trend is still valid;)
Sure, because klci just breached 1612 resistance from January .
But my opinion is klci will pass over 1650 ,
So I will hold until end of this year then only exit.
But don’t chase high, my entry is extremely low.
Days in days out only helps to miss out big moves and suffer huge loss.
Just stay out of short term trading and looking for long term trends.
You will be good too.
totally agree with you. i will be back. it just coinsidence that the heat and market adjustment happened on same day, it's purely lucky for me to take profit at 1.04 this morning.
No hurt to take some profits off the table while the market is volatile.
Klci retraced from its recent new yearly high and is adjusting itself with crude oil index.
Crude oil has been range bound between 40-42.
I’m expecting an upside breakout above 42 for crude oil, by then klci will get above 1650 and all virus theme based stocks will fly even higher.
Thanks ng.
Wasn’t samchem limit up today as well? From technical analysis samchem has greater momentum than luxchem. But from fundamental wise luxchem is better than samchem that’s why I’m here not samchem.
Samchem just out of my fundamental strong radar so I can’t comment much about it..
Other flying stocks like lkl etc are getting more and more expensive, this helps fundamental strong and cheaper luxchem stands out brightly.
I’m expecting another limit up coming soon or later for luxchem alone.