EXPO breakout???????????

ruwa · 1 EXPO breakout??????????? Sat Sep 20, 2014 10:05 am

ruwa

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Yesterday EXPO tried to breakout from 9.50 level with good volume.Is this the begining of a breakout?
Shark, NC & others your expert advice please..

SHARK aka TAH · 2 Re: EXPO breakout??????????? Sat Sep 20, 2014 10:56 am

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ruwa wrote:Yesterday EXPO tried to breakout from 9.50 level with good volume.Is this the begining of a breakout?
Shark, NC & others your expert advice please..

Ruwa if you had checked my video on TA@C section you would have got some idea about EXPOLanka. we are seeing a Run towards 10 with extension further up.
EXPO was in consolidation mode and trending up on the B/o towards initial RES of 10rs. Very Happy

ruwa · 3 Re: EXPO breakout??????????? Sat Sep 20, 2014 11:31 am

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Shark, Can you please post a link to that video you reffering to.

SHARK aka TAH · 4 Re: EXPO breakout??????????? Sat Sep 20, 2014 11:37 am

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ruwa wrote:Shark, Can you please post a link to that video you reffering to.

http://forum.srilankaequity.com/t34941p1075-technical-analytics-charts

VALUEPICK · 5 Re: EXPO breakout??????????? Sat Sep 20, 2014 11:54 am

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Very soon this will pass Rs.10/-. We cannot stop that.. Only Mr Market can stop that. Actually I had some EXPO and sold them Rs.9.00 and 10.50 levels in the reason rally. -. I must have cut losses or must have covered cost. Loss making is part of this market journey. Pullback create buying opportunity and now it is going to pass Rs.10/. Good luck

ruwa · 6 Re: EXPO breakout??????????? Sat Sep 20, 2014 12:30 pm

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Thanks Shark, Valuepick for your contribution they have been really useful

Another share i think is gathering momentum is LVEN can you do an analysis on it as well

VALUEPICK · 7 Re: EXPO breakout??????????? Sat Sep 20, 2014 1:32 pm

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Those days LVEN didn’t have much investor interest. It was stagnated for a long period around Rs.12 level. I had some LVEN in the past. I sold them at a very low price as it was stagnated. LVEN hardly had liquidly and didn’t do well in the market despite good numbers. Instead there was a demand for CFVF. Later market recognized this stock. Something to learn here: Even stagnated stocks should not sell unless there is a valid reason. Because those stocks have more room to appreciate later. Despite bull or bear market it is better to hold some stocks. When compare with other stocks LVEN was steady even during weak market. Just like LVEN some stagnated stocks in the current market should start their uptrend journey sooner than later. Already some stocks have come out of their bases. Sorry I didn’t do any study on this stock lately.

NC · 8 Re: EXPO breakout??????????? Sat Sep 20, 2014 4:02 pm

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SHARK wrote:

ruwa wrote:Yesterday EXPO tried to breakout from 9.50 level with good volume.Is this the begining of a breakout?
Shark, NC & others your expert advice please..

Ruwa if you had checked my video on TA@C section you would have got some idea about EXPOLanka. we are seeing a Run towards 10 with extension further up.
EXPO was in consolidation mode and trending up on the B/o towards initial RES of 10rs.

NC · 9 Re: EXPO breakout??????????? Sat Sep 20, 2014 4:46 pm

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@ Shark;
I had this idea when I was starting my thread.
I think it'll be more easy to refer for anyone, if it could organize like a book.

Currently, its not organized, everything is under a one topic. All the analysis, comments, songs all other stuffs inside that, like a mix. Even, we cannot find the exact location in our chart reading. Mine has started recently but you did and doing many charts per a week, I think you too also feel uncomfortable referring your past charts of your own thread.

So, if we can organize like this. (This is my view, you can add/ or change)
1. General/Main page
2. Content (URL address of following topics/charts)
3. Osea.n
4. Expo.n (all readings, comments of Expo comes under this)
5. Lioc.n
6. .........
7. .........
8. ......... ( Any new topic can be started under the thread )

Hope you got it... Very Happy

So, if we can open new topics under a one thread, and organized properly, hope it'll be more easy to refer, update and useful for many.
But, I don't know whether its possible for the IT team.... If so>>>>
Surprised

ecse · 10 Re: EXPO breakout??????????? Mon Sep 22, 2014 1:14 pm

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I think this forum created with FORUMOTION.COM where it is free.So it's a function of them to decide we you it as classified system.

VALUEPICK · 11 Re: EXPO breakout??????????? Mon Sep 22, 2014 2:27 pm

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Now it is trading around Rs.10/-.There is a demand for stocks irrespective positive earnings and negative earnings due to strong market situation. Stocks are adjusting one by one to the next levels. If we don’t see bull market stock prices can go down. We should take trend as our friend. In the current market any stock can go up rapidly. Even illiquid stocks have become liquid stocks now. Good luck

enslive · 12 Re: EXPO breakout??????????? Mon Sep 22, 2014 3:08 pm

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ecse wrote:I think this forum created with FORUMOTION.COM where it is free.So it's a function of them to decide we you it as classified system.

Agreed

NC · 13 Re: EXPO breakout??????????? Mon Sep 22, 2014 9:21 pm

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enslive wrote:

ecse wrote:I think this forum created with FORUMOTION.COM where it is free.So it's a function of them to decide we you it as classified system.

Agreed

What to do then ne.... Sad

Octopus · 14 Re: EXPO breakout??????????? Tue Sep 23, 2014 6:50 am

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VALUEPICK wrote:Now it is trading around Rs.10/-.There is a demand for stocks irrespective positive earnings and negative earnings due to strong market situation. Stocks are adjusting one by one to the next levels. If we don’t see bull market stock prices can go down. We should take trend as our friend. In the current market any stock can go up rapidly. Even illiquid stocks have become liquid stocks now. Good luck

My English is not as good as yours VP but in sinhalese we say,

"bummbare walleth karekenawa."

when the time comes, spinning tops spins even in the beach???

indi009 · 15 Re: EXPO breakout??????????? Mon Nov 17, 2014 7:32 pm

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As we all know EXPO has sold some of their companies. I just wanted to know 2 things,

1. What is the impact for the share price? Can we expect a sudden price increase on this share?

2. Both these sales proceeds that they have mentioned, 740Mn & 421Mn respectively. Company will be receiving both these proceeds before 30th November 2016 or Rs.740Mn immediately and the land sale of Rs.421Mn before 30/11/2016?????

SHARK aka TAH · 16 Re: EXPO breakout??????????? Mon Nov 17, 2014 10:55 pm

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Octopus wrote:

VALUEPICK wrote:Now it is trading around Rs.10/-.There is a demand for stocks irrespective positive earnings and negative earnings due to strong market situation. Stocks are adjusting one by one to the next levels. If we don’t see bull market stock prices can go down. We should take trend as our friend. In the current market any stock can go up rapidly. Even illiquid stocks have become liquid stocks now. Good luck

My English is not as good as yours VP but in sinhalese we say,

"bummbare walleth karekenawa."

when the time comes, spinning tops spins even in the beach???

I agree 110% with what VP states..... The shares are appreciating and some shares will go into next upper levels example PLC/JIN/TJL moved from 10 to 20 ish and going into next .....

VPEL will move from below 10 to next level ......

VLL from 3 to 5+

COCR/GREG/TFIL move from 10ish to where its now

LION from below 300 to 600

TPL /VONE/OSEA move from 15 levels to 25+

LIOC from 20ish to 60+

So likewise we see Shares becoming more expensive day by day and there will be acute demand for undervalued such as

ASIY/VPEL some example Very Happy

Dont think i am promoting specially VPEL Rolling Eyes