This one you can see almost everyday up a bit. BBs play yoyo with this counter. But end of the day it will still go higher and higher until it hit 56 and then take a rest. After resting, it should break 56 to try to close the gap at 60 or even bigger gap at 66. So if you are playing short term, don't look at intraday movement because it may cause you to cut it. If you like this counter, can fight entry price at 49. The best is buy and keep for a while.
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Morning all! $DJI(^DJI) dropped again. Diam diam drop...lol. Stocks have been dropping for days and a dead cat rebound will come anytime. Today is Friday and normally ppls don't like to keep stocks over the weekend. This is the time where dead cat rebound can happen. So don't try naked shorts today. If morning market drop, afternoon may rebound.
$APAC Strategic(5RA) - those watching APAC trading pattern should be able to see power. For this counter, normally if BBs wanted to throw down the price e.g. at 61 on Wednesday, they will throw at one go and place a few k lots at 61. Retailers hardly have a chance to sell at 61 then. But they didn't did that. They still allow retailers to throw at 61 on Wednesday. So yesterday we should expect retailers to queue sell at 61. BBs computerised ate up the 61 lots in the morning. They ate retailers lots and then put 1-3 k lots again at 61 to show retailers that still have many 61 sellers. When 61 sell queue reached a certain level, they ate up them up again. This is very pro. BBs give ppls the impression that there were many 61 sellers. But during matching, we can see they show their true colour by putting out 2k+ lots to make sure it don't close at 60. I believe they have collected enough lots at 60-61, and today likely be showtime. Watch out.
$Polaris(5BI) - Yesterday I mentioned that 31 got 10k sell queue liao. Big sell queue can provide a reference on where the price may go. 31 is also the resistance. Yesterday morning the price suddenly moved too fast. I throw some at 31 because this is the last biggest queue and also the resistance. But another reason is that it moved too fast. This counter normally want to up one pip must take quite a while. When suddenly runs too fast is abnormal. When big lots were thrown down at 29. I follow to throw part of them again at 29. Later 29 buy queue slowly build up by retailers again(I said retailers because the lots add up in hundreds. Normally BBs for this counter will top up in 1000lots), then another big throw at 29. This time I throw all out. We must always take note of big lots thrown down. If this happen, better follow to sell. If BBs thrown 2-3 pips down at one go, sell immediately without hesitation.
$Terratech(40I) - Anyone who watch Terratech trading on Wednesday and Thursday will noticed that BBs place big lots at a certain price. Then they eat up their lots immediately. They do a rollover I believe. This happened on Wednesday at 183 and yesterday at 174. When happened after the rollover?. The price will drop. Bengkuang BBs likes to do this. Next time you all monitor yourself and see what happen.
Just some morning sharing. Huat ah!