Wednesday, October 7, 2009
Portfolio Analysis - Genting
Following is analysis on Genting on 7 Oct 09.
Intraday Analysis
Looks like there is 3 different group of major buying at 1.08, 1.09 & 1.10.
After 4.30pm, big buyers started coming in and up the price from 1.08 to 1.10!
Coincidentally, I saw some price manipulation yesterday too!
My guess is Genting need to maintain the good price till the end of Rights Issue date (12 Oct 09).
Looks like there is 3 different group of major buying at 1.08, 1.09 & 1.10.
After 4.30pm, big buyers started coming in and up the price from 1.08 to 1.10!
Coincidentally, I saw some price manipulation yesterday too!
My guess is Genting need to maintain the good price till the end of Rights Issue date (12 Oct 09).
Portfolio Analysis - Wilmar
Analysis on Wilmar on 7 Oct 09.
Intraday Analysis
Distribution : Normal
Mean : 6.325
Range : 6.390-6.270 = 0.12
Price pattern
Sidaway 1st half of day
Downtrend 2nd half of day
Volume
Total : 7,326k
Summary
Some big institution have been buying most of the day at 6.32. But a small group is selling near the end of day when the price is trending down.
Then suddenly at the end at 5:05pm, there is a major buy up of 329k volume!
My guess is that some one is making the price trending down then buy up again at a lower price in bulk!
Distribution : Normal
Mean : 6.325
Range : 6.390-6.270 = 0.12
Price pattern
Sidaway 1st half of day
Downtrend 2nd half of day
Volume
Total : 7,326k
Summary
Some big institution have been buying most of the day at 6.32. But a small group is selling near the end of day when the price is trending down.
Then suddenly at the end at 5:05pm, there is a major buy up of 329k volume!
My guess is that some one is making the price trending down then buy up again at a lower price in bulk!
Review
For the past few days, even thought I had gotten the market & stocks directions right, however , I wasn't getting much profit. This is due to my weakness in the following :
1. Lack of patience.
2. Cannot get my eyes off the screen.
3. No strategy and confidence before getting into the market.
4. Still have a lot to learn from the market.
1. Lack of patience.
2. Cannot get my eyes off the screen.
3. No strategy and confidence before getting into the market.
4. Still have a lot to learn from the market.
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