Redtone - Intact for a vast array of swinging
5 posters
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Redtone - Intact for a vast array of swinging
Well, it had come to my attention over a hot counter - Redtone, that had
went into silence recently after all the happenings and dramatic saga
in the past couple of month. To recap back on its background, Redtone
had recently announced over it's improved performance that had seen the
revenue reaching a breakeven point. As the company continue to see more
positive changes and news on the upcoming quarters, this counter will
definitely be looking at a good juncture for a turning point.
It is no doubt that the environment is looking into "wireless"
technology, and with more development being focused on wireless
technology, company involves in this category will definitely benefit
into the massive demand in the upcoming future. Of course, everything
need to be justify together with how well the team or management is
doing the operation.
As of today, Redtone had been in a slacking mode of consolidation, with
price laying comfortably at the zone of RM 0.25 to RM 0.26. A quick
outlook will be able to foresee that Redtone might be reaching a turning
point for a breeze of action to come soon.
As the consolidation might be coming to an end, there are some spikes
and action as of the trading today in the 1st session. Would this be a
upcoming signal as time goes by?
In my opinion, Redtone will be definitely worth to be monitored as I
anticipate a strings of action to happen in Redtone soon, with a 1st
short term TP of RM 0.285, should the bullish signal get started and
rolling in to show.
Cheers and happy tradings.
Author: [You must be registered and logged in to see this link.] (Bonescythe)
went into silence recently after all the happenings and dramatic saga
in the past couple of month. To recap back on its background, Redtone
had recently announced over it's improved performance that had seen the
revenue reaching a breakeven point. As the company continue to see more
positive changes and news on the upcoming quarters, this counter will
definitely be looking at a good juncture for a turning point.
It is no doubt that the environment is looking into "wireless"
technology, and with more development being focused on wireless
technology, company involves in this category will definitely benefit
into the massive demand in the upcoming future. Of course, everything
need to be justify together with how well the team or management is
doing the operation.
As of today, Redtone had been in a slacking mode of consolidation, with
price laying comfortably at the zone of RM 0.25 to RM 0.26. A quick
outlook will be able to foresee that Redtone might be reaching a turning
point for a breeze of action to come soon.
[You must be registered and logged in to see this image.]
As the consolidation might be coming to an end, there are some spikes
and action as of the trading today in the 1st session. Would this be a
upcoming signal as time goes by?
In my opinion, Redtone will be definitely worth to be monitored as I
anticipate a strings of action to happen in Redtone soon, with a 1st
short term TP of RM 0.285, should the bullish signal get started and
rolling in to show.
Cheers and happy tradings.
Author: [You must be registered and logged in to see this link.] (Bonescythe)
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Re: Redtone - Intact for a vast array of swinging
to be honest it might breakout to the downside, there is a possibility with price action on the support and not testing resistance.
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Re: Redtone - Intact for a vast array of swinging
2day juz get redtone-wa for uncle play
Cals wats ur insight ????
Cals wats ur insight ????
joker- Junior Member
- Posts : 415 Credits : 432 Reputation : 16
Join date : 2011-10-08
Location : Melaka
Job/Hobbies : Trading
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Re: Redtone - Intact for a vast array of swinging
okay, hope is testing the resistance , not support.Cals wrote:wysiwyg mate
joker- Junior Member
- Posts : 415 Credits : 432 Reputation : 16
Join date : 2011-10-08
Location : Melaka
Job/Hobbies : Trading
Re: Redtone - Intact for a vast array of swinging
goreng stock anything can happen [You must be registered and logged in to see this image.]
today i go in hibiscus mom up 9ct my bb did not move [You must be registered and logged in to see this image.]
today i go in hibiscus mom up 9ct my bb did not move [You must be registered and logged in to see this image.]
phoenix777- Moderator
- Posts : 13701 Credits : 16143 Reputation : 1704
Join date : 2011-02-03
Location : Malaysia
Job/Hobbies : eating good food
Stock Exposure : 1 year
Stock Portfolio : empty handed
Re: Redtone - Intact for a vast array of swinging
same for jcy.....bb trading at 37 38 area when mom is 88 89....
at 95 96 ct mom price....bb still at 37 38
at 95 96 ct mom price....bb still at 37 38
phoenix777- Moderator
- Posts : 13701 Credits : 16143 Reputation : 1704
Join date : 2011-02-03
Location : Malaysia
Job/Hobbies : eating good food
Stock Exposure : 1 year
Stock Portfolio : empty handed
Re: Redtone - Intact for a vast array of swinging
this guy also promoting jcy
sun- Consulting Member
- Posts : 11087 Credits : 12324 Reputation : 356
Join date : 2010-12-22
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