I used Hock Lian Seng as an example to chat with this reader in August 2016.
I wonder if he bought any before my next blog on Hock Lian Seng in February 2017. Don't scold me hor, I am just curious.
Blog in February 2017:
Hock Lian Seng returns 100% and more.
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Reader:
may i ask which TA you are using? candlestick, moving average or ?
AK:
I try to keep it simple. Example:
http://singaporeanstocksinvestor.blogspot.sg/2014/12/hock-lian-seng-robust-order-book-at-3.html
Hock Lian Seng: Robust order book at a 3 year high.
I also try to spot divergences sometimes:
http://singaporeanstocksinvestor.blogspot.sg/2013/05/hock-lian-seng-buying-on-weakness.html
Hock Lian Seng: Buying on weakness.
Reader:
I read, sometime u can't time the market, so shld we enter at a price we still think it's undervalue or use ta to determine entry price?
AK:
We can never get the lowest price. If we did, we were lucky. 🙂
So, if FA tells us it is undervalued, we can nibble.
Keep the TA picture in mind if it tells us prices could go lower. Have a war chest ready, always.
Reader:
Am reading this, have the same dilemma on when to sell
http://singaporeanstocksinvestor.blogspot.sg/2015/05/should-i-sell-my-investment-to-lock-in.html?m=1
Should I sell my investment to lock in gains?
Currently my war chest is hovering 20% 😁
AK:
Gambatte!