Got more Saizen REIT today at 14.5c. >800 lots sell down today. Happened in the last few minutes of the trading day. Easily absorbed by the long buy queue. Counterparty: Kim Eng. I checked the last annual report. Kim Eng had 6.9m shares. Kim Eng could easily push the price down to 14c which would gel with the support seen in the daily chart. 14c? I'm buying more. Charts for Saizen REIT
Crude palm oil at RM 2,591, up RM 37 or 1.45%. I took some profit selling 20% of my current position in Golden Agriculture at 49.5c today. Not enough buyers to punch through 50c today. I will buy again if the price sinks to support and if the volume remains lacklustre, this might very well happen. Charts for Golden Agriculture
Healthway Medical makes me happy today. Yesterday, when I met up with friends for lunch, I repeated my believe that this is an investment that will do very well in time. So, I would continue to hold on to what I have and would buy more if the price weakens. Today, there were strong buy ups and its price closed at 13c, resisted by the rising 100dMA. Volume was a respectable 11.3m. OBV shows strong accumulation. All the momentum oscillators have turned up strongly. If the buying momentum continues in the next few sessions, a re-test of 14.5c, the brim of the previous cup formation, is on hand. Charts for Healthway Medical
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