‘Bearish divergence’ is warning investors not to buy the dip in the stock market

Backstage wrote:Now close to 7100.
Yellen, Geneva and Warrant 22.  

What about planes landing in Mattala?

mymoney wrote:

OSEA is consolidating 23-25.50 range while we can see some slight positive divergence in both RSI and MACD. Is OSEA building some positive momentum silently ?

Did you all note OSEA Contingent Liabilities
The Company's Subsidiary Mireka Capital Land (Pvt) Ltd was assessed for Value Added Tax (VAT) for periods between January 2006 and January 2009 amounting to Rs 190 Mn plus penalties. The Company appealed against same and filed a Writ Application in the Court of Appeal to prevent recovery action being taken by Authorities. The Company appealed at the Tax Appeal Commission (TAC) on the same matter and the TAC Determination has been issued dismissing the said appeal of the Company. The Company appealed against the TAC Determination in the Court of Appeal. Although there can be no assurance, the Directors believe, based on the expert advise received and the information currently available, that the ultimate resolution of the said legal proceedings would be favourable to the Company and therefore would not have an adverse effect on the results of operations or financial position. Accordingly, no provision for any liability has been made in these Financial Statements

Backstage wrote:Now close to 7100.
Yellen, Geneva and Warrant 22.

I enjoy catching falling knives (target the handle).

Can u hint exactly what knives u catch

guruji wrote:Can u hint exactly what knives u catch

Look for ones fall slower and bounce up faster.

Tks

'Target the handle', Hunter you are talking about a big cup from early 2011 or small one from early 2015 or something else?

CFVH is a sure rebounder!

laksharemk wrote:'Target the handle', Hunter you are talking about a big cup from early 2011 or small one from early 2015 or something else?

Oh, I meant something else (Not ASI but was thinking of individual ones).

I meant to say catch 'safe', less risky ones. Not obvious 'hand cutting' ones.
(On the other hand, as you say, most of them will show a cup and handle - small one though)


Since some of you are interested in; I am clarifying what I meant, with the following chart.
(This counter itself is also a good one to watch now I think)

HUNTER wrote:

laksharemk wrote:'Target the handle', Hunter you are talking about a big cup from early 2011 or small one from early 2015 or something else?

Oh, I meant something else (Not ASI but was thinking of individual ones).

I meant to say catch 'safe', less risky ones. Not obvious 'hand cutting' ones.
(On the other hand, as you say, most of them will show a cup and handle - small one though)


Since some of you are interested in; I am clarifying what I meant, with the following chart.
(This counter itself is also a good one to watch now I think)

A good medium term counter with high DY

pathfinder wrote:

HUNTER wrote:

laksharemk wrote:'Target the handle', Hunter you are talking about a big cup from early 2011 or small one from early 2015 or something else?

Oh, I meant something else (Not ASI but was thinking of individual ones).

I meant to say catch 'safe', less risky ones. Not obvious 'hand cutting' ones.
(On the other hand, as you say, most of them will show a cup and handle - small one though)


Since some of you are interested in; I am clarifying what I meant, with the following chart.
(This counter itself is also a good one to watch now I think)

A good medium term counter with high DY

With a climate related risk attached.

I'm impressed if you both haven't noticed the 'watermark'.

Saw watermark first up, so didn't even try.

Now ASI,BFI, and many individual companies showing bullish divergence..