Post Reply
6561-6569 of 6569
This counter is heavily shorted. Margin to increased on 1 Feb (as per Poems CFD).
The English is bad. Sorry got F despitre numerous attempt. :)
Bad spelling , careless typos.
I failed for life even in English :(
moneycow ( Date: 27-Jan-2012 17:25) Posted:
The Brokerga efirm put its target at just 50 cents should be hang for grossly get it wring and with their report, many whom buy high and hold and when it drops to below 80 cents - panick and sold. The report inluence their decisiion to sell and not to hold.
If they had hold on - they would have make some not lost.
So do lean that, brokerga e houses reports. even from so call reputated ones are BULL SHIT. assumptious and many times get it wrong and eiother influence PPL to go in high or sell off low. When it actually have good potential to move up.
Brokergae house, some could be working with big syndicate to attempt to influnce the market by releasing negative report and adjust low target price.
Manupulation of market is illegal - but thses ppl seem to get away scott free.
But how to get evidence and exposed this rotten apples.
Like bopianz. Just be careful. |
|
The Brokerga efirm put its target at just 50 cents should be hang for grossly get it wring and with their report, many whom buy high and hold and when it drops to below 80 cents - panick and sold. The report inluence their decisiion to sell and not to hold.
If they had hold on - they would have make some not lost.
So do lean that, brokerga e houses reports. even from so call reputated ones are BULL SHIT. assumptious and many times get it wrong and eiother influence PPL to go in high or sell off low. When it actually have good potential to move up.
Brokergae house, some could be working with big syndicate to attempt to influnce the market by releasing negative report and adjust low target price.
Manupulation of market is illegal - but thses ppl seem to get away scott free.
But how to get evidence and exposed this rotten apples.
Like bopianz. Just be careful.
too bad that I was inexpereinced to have sold off the shares at below $0.90after buying high.. seems to be coming back now.. sop :(
| China(1): Earnings Rise |
 
China's shipbuilding-related companies over a certain size increased overall operating revenue to CNY 622.1bn ($98.2bn) in the first 11 months in 2011, up by 24.9% on the same period 2010.
Shipbuilders' operating revenue jumped 25.6% to CNY 473.2bn, marine equipment makers rose by 25.6% to CNY 76.1bn and ship repairers and scrappers grew by 16.3% to CNY 66.3bn.
During the same period, total profit increased to CNY 48.1bn, up by 25.5%, among which shipbuilding industry went up by 28.4% to CNY 40.2bn, taking 83.6% of overall profit. Marine equipment jumped by 16.5% to CNY 4.3bn (8.9% share) and ship repair and scrapping rose by 14.9% to CNY 3.3bn (6.9%).
Meanwhile, China's ship exports during January-November period in 2011 stood at $39.78bn, up by 8% on the same period 2010.
Vessels were exported to about 175 nations and regions. Asia and Europe were China's major markets, as Asia took about 50.1% of overseas market, having exported $19.93bn of vessels there, while China exported $8.81bn of vessels to Europe, making up 22.1%.
Published : January 25, 2012
|
|
trend reversal, nice break
Last price: 1.045
Technical Call:
Buy - After crossing resistance, currently at 1.06
Technical Indicator:
Double Bottom Reversal
Crossed up 100MA
Cosco has formed a double bottom and current price is near the resistance of double bottom. Double bottom is the opposite chart pattern of the double top as it signals a reversal of the downtrend into an uptrend. The security needs to break through the resistance line, currently at 1.06, to signal a reversal.
Similar Double Bottom Reversal of Semb Marine chart shown below.
Alternatively, RSI and stochastic are showing overbought.
nice breakout ..... let's see if other laggard counters will follow ?
On Friday, Cosco re-test the resistance at $0.94 and closed at $0.925 with HIGH volume of 6.2 million shares traded.
A
doji star occurred (where a
doji gaps above or below the previous candle). This often signals a reversal with confirmation occurring on the next bar.
Both RSI & MACD are bullish as RSI trend upwards.
Important Resistance of Cosco: $0.94
Immediate Support of Cosco: $0.835
Currently prices are supported by 50 days MA.
Since 10 Nov, prices have been .....................
READ MORE
