_MK_Watcher_
:
Volume of >50mil (as now, 1448h) is seen to be the highest in recent weeks/months. It has positioned itself as the top of the volume chart today. The main resistances as now, remains at 220 and 225 which could be tougher than 210 to crack.
Blue Eyed Boy
:
It took roughly 3 months since it hit 215 early last October for the counter to consolidate and try again and this time it was successful.
_MK_Watcher_
Blue Eyed Boy
:
Now .. needs to see if this is sustainable to stay above 215 in the coming sessions. Reservations are always suggested to made when the price gradient is too sharp for comfort.
_MK_Watcher_
:
Looks like the train's steam has slowly dissipated.. If no coal is added in the next two hours, it might close the week at 217/219? Perhaps? (Updated) Indeed spot on, it closes at 219 for the week. Will this be the reference springboard for next week? We'll see.
VictorT : re enter at what price will be good?
_MK_Watcher_ : Volume of >50mil (as now, 1448h) is seen to be the highest in recent weeks/months. It has positioned itself as the top of the volume chart today. The main resistances as now, remains at 220 and 225 which could be tougher than 210 to crack.
Blue Eyed Boy : It took roughly 3 months since it hit 215 early last October for the counter to consolidate and try again and this time it was successful.
_MK_Watcher_ Blue Eyed Boy : Now .. needs to see if this is sustainable to stay above 215 in the coming sessions. Reservations are always suggested to made when the price gradient is too sharp for comfort.
bullrider_21 OP VictorT : Maybe time to take profit. Need time to pullback and consolidate before rising again.
_MK_Watcher_ : Looks like the train's steam has slowly dissipated.. If no coal is added in the next two hours, it might close the week at 217/219? Perhaps? (Updated) Indeed spot on, it closes at 219 for the week. Will this be the reference springboard for next week? We'll see.
bullrider_21 OP _MK_Watcher_ : Possible.
Detached House : No right answer but agree the price cannot go up too fast unless the EPS growth is equally fast!
102591443 : Then question is who is buying?
bullrider_21 OP 102591443 : They bought back at 2.059. You can check the News section or SGX website for transactions.
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