given the whole Share on issue for 4CE is roughly 280m and only...

First 269 Last

Share
Profile

Follow
xindongzuitaohua

4,793 Posts.

90

21/09/17

08:11

Post #: 27357957
Share

Originally posted by insaf ↑

Confirmation bias my man. The chart is in retracement or correction mode. Also remember, in speculative stocks where liquidity is an issue, the TA can be exaggerated. Both bearish or bullish patterns are being played out. Which one prevails.
The formation of a bullish pennant or wedge or is it a retracement rectangle or even a bearish descending triangle, the key here is it is the midst of a retracement/ pause/ correction. The outcome is in the breakout and most recent break was bearishso extreme st player would have exited at the breach in the low 5s. Now 4.5/4.6 comes into play with and it was encouraging to c the rejection.
So now we are looking for a move up to break through that descending trendlines.
Entering at these levels is risky as many holders are still holding on a great buffer since the move from the 1s and 2s. However risk reward is great and a buy with monitoring of stops is important.

Expand

given the whole Share on issue for 4CE is roughly 280m and only 53m placement issued back middle July and the total turnover is roughly 3 or 4 times of whole share on issue.

Everyone who could get paniced by these talking can simply check Trade History of 4ce and have a clear look of how many units changed hands at how high.....

Millions traded above 4/5/6c so I believe majority average is above 4.5c or even 5c....

So is it proper to talk down AVZ by saying it used to be 2c, 1.6c for AGY, 1.4c for EUC, so the same as 4CE, every stock rose from low and made Multibaggers so we can't blindly ignoring the facts of the past trading history and timeline...

Bear in mind, we are waiting Due diligence which will be available before 30th Sep and same people did jobs for AVZ is doing the same tranching/planing for 4CE and we are merely $12.6m MC...

Time tuning out for game players and it could be time for 4CE to rise on its own news.....

4CE Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply