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BOLL 1h 2h trend is going downward.

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  • Zerocool888 : It’s consolidating period. It will run up again next week. Tomorrow, you will notice a low volume as well. BB usually won’t park their money over the weekend no matter how good a stock is.

  • KongWeePeh OP : I love to park at Friday, most of the time.

  • Zerocool888 KongWeePeh OP : Hahahaha…..that’s because you are not in the BB category! BB invest from a region of 400-700k shares. I park my cash on Singtel permanently.

  • KongWeePeh OP Zerocool888 : Different people use different tools and ideology. I don’t just refer BOLL. BBI? too little info for me.

  • Zerocool888 KongWeePeh OP : BB = BIG BUYER

  • KongWeePeh OP : Also I don’t invest long term.

  • Zerocool888 KongWeePeh OP : Good for you. I invest on long term, so less stress as hate to watch it every week. Have been holding since 2008 when it fell to one of it’s lowest point. Each year I take some money out to purchase about 10-15k worth of shares. Slowly accumulate and now have about 150k shares. Now the dividend pays part of investment, so I don’t have to fork out so much money to purchase more Singtel shares. I will be receiving about 6k plus worth of dividend which is equivalent to nearly 3 free Singtel shares.

    Of course there is a risk in every stock we invest but if we did our DD and read about Singtel core business model (maybe old school and somehow outdated) but it’s a defensive stock worth investing on long term. I have friends parents who are still holding on longer than most of us!

    Money park in banks is a waste of time. Oh I buy all my Singtel shares using cash only. I have not touch my CPF yet. So, I am glad I stick to plan and when it goes to my TP (hopefully by 2023 or earlier), I can almost retire without any financial burden now.

  • Kelong88 : what is BOLL?😊

  • KongWeePeh OP Kelong88 : A indictor just like moving average.  Just have to understand how to predict price movement. I read with MACD, RSI, and KDJ to feel the relative strength of the movement. Try to elimate the US Stock analysis in mobile app that lack in SG stock.

  • KongWeePeh OP Zerocool888 : BB Mean Big Player.hmm... I respect your decision to play like fund manager

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