*on buyback* RFM Corporation
#11
^^Not yet still checking if it has further breakdown.
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#12
back to 1.18 with lower rsi than yesterday. went up as high as 1.25.
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#13
(06-08-2011, 11:51 AM)aiz Wrote: back to 1.18 with lower rsi than yesterday. went up as high as 1.25.

Retested and revisited the gap it closed yesterday at 1.18...Due for a bounce tom.Break 1.26 we may see 1.38 nextHeart
"The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius."
-Alan Greenspan-
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#14
Making a good bounce at the bell and rose to 1.26... but Da Market spoiled the fun from 123 to 1.22 with a lone buyer of 500k chu chiaco. Will RFM beat the bears till closing bell? More support needed from 220 to defend against 204.Heart
"The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius."
-Alan Greenspan-
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#15
^^What if all of a sudden macky and pcci goes in tandem for support? Rolleyes
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#16
(06-09-2011, 10:44 AM)Ruach Wrote: ^^What if all of a sudden macky and pcci goes in tandem for support? Rolleyes

1.38 would be shining then... the least...Heart
"The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius."
-Alan Greenspan-
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#17
So far, broker 204 is still the biggest seller of this stock and RCBC securities still continues to buy. This is very yummy when it rallies and I feel like eating selecta double dutch ice cream now even if it is cold. Big Grin

Thanks Master Bordz and I want to learn and know more how you trade coz I perceive that you are really very good. Big Grin and I like it when you always put this Heart.
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#18
(06-09-2011, 11:57 AM)Ruach Wrote: So far, broker 204 is still the biggest seller of this stock and RCBC securities still continues to buy. This is very yummy when it rallies and I feel like eating selecta double dutch ice cream now even if it is cold. Big Grin

Thanks Master Bordz and I want to learn and know more how you trade coz I perceive that you are really very good. Big Grin and I like it when you always put this Heart.
Not only very very good , but the best yan dapat ni recruit ni Ollie ,kung bakit kasi nagtyatyaga sa akin Big GrinBig GrinBig Grin

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#19
The bears pulled it through before closing time and bids were served at 1.18 though it closed 2notches from previous close it is not enough post a good candle. But if there was any consolation, the bulk of bid at 1.16 ws moved to 1.18 signifying that this could now be the major support for RFM. We need to see th eprice to be unchanged for today if not at least higher than 1.20 to confirm the reversal. Heart
"The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius."
-Alan Greenspan-
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#20
Heart 
Opened a fluct higher and a high of 1.22, but Da Market the spoiler still have lots in its sleeves. First line of defense is 220 at 1.20,followed by the 500k of Ms Ruach fave 282 at 1.19, and another 500k by the same broker at 1.18. 1.17 was exposed for quite sometime but good thing it was never been touched to end the day at 1.20, unchanged. Heart
"The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius."
-Alan Greenspan-
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