Fri, Aug 1, 2014, 5:37 AM EDT - U.S. Markets open in 3 hrs 53 mins

Recent

% | $
Click the to save as a favorite.

ChipMOS TECHNOLOGIES (Bermuda) LTD. Message Board

jpasc1234 10 posts  |  Last Activity: Jun 10, 2014 11:14 AM Member since: Apr 27, 2011
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Selling appears to have dried up

    by memoryxpert Jun 10, 2014 11:02 AM
    jpasc1234 jpasc1234 Jun 10, 2014 11:14 AM Flag

    Chop chop. Retrace shake. Chop chop retrace shake. Then boom $30. Good luck boys. This has been a very exciting time.

  • Reply to

    Highest close since Sep 7, 2007

    by memoryxpert Jun 2, 2014 5:18 PM
    jpasc1234 jpasc1234 Jun 6, 2014 1:02 PM Flag

    24, 26, 30 have always been my targets.. I won't stray from that.

  • Reply to

    Highest close since Sep 7, 2007

    by memoryxpert Jun 2, 2014 5:18 PM
    jpasc1234 jpasc1234 Jun 6, 2014 1:00 PM Flag

    HI marnis. Short answer is you shouldn't be concerned about a wave 3 on a uptrending stock you are long on. You should embrace and love it. This is when the most money will be made. This is what you have waited for.

    Elliot Wave theory is a tool used by some traders to predict short term movements within longer term bullish and bearish charts. The wave 3 is the strongest wave out of a 5 wave cycle in a uptrending stock. You can wiki for a brief overview. Technicals/charts are really just as important as fundamentals and prob. more so in the short term.

    My goal is to buy undervalued companies and hold them while trading around a pos. lowering your cost average with solid TA trading.
    Wave theory and fibb retraces have worked very well on this particular stock.
    This allows you to wait until the market realizes the asset is incorrectly priced. Fundamentals

  • Reply to

    Some TA work to keep an eye on

    by jpasc1234 Jan 26, 2014 8:10 AM
    jpasc1234 jpasc1234 Jun 5, 2014 9:27 PM Flag

    . You sure are funny. Apple disappointed to the tune of 250 points higher and chippy moved 6-8 points in your face from the high levels where I bought. You wins some you lose some.

  • Reply to

    Some TA work to keep an eye on

    by jpasc1234 Jan 26, 2014 8:10 AM
    jpasc1234 jpasc1234 Jun 5, 2014 9:23 PM Flag

    Okay fellas. The extensions. Have us at 24 and 26.17. Retracements common around these levels. Still holding half the core for 30.

  • Reply to

    Highest close since Sep 7, 2007

    by memoryxpert Jun 2, 2014 5:18 PM
    jpasc1234 jpasc1234 Jun 5, 2014 9:14 PM Flag

    Jay if you see a little chop chop sideways action. It's all good. I will look for any reversal and the post more levels to buy att For swingk trades . When we bust 26 we see 30
    Quickly. This is a wave 3 of a bullish uptrend. Perfect retraces. Consolidation and then run you over moves higher.

  • Reply to

    Highest close since Sep 7, 2007

    by memoryxpert Jun 2, 2014 5:18 PM
    jpasc1234 jpasc1234 Jun 3, 2014 12:03 PM Flag

    We will need a little bit of push thru 26'ish but we are really looking good here. As always Good luck to the LONGS.

  • jpasc1234 by jpasc1234 May 29, 2014 8:10 PM Flag

    retrace off the 24 level did happen shortly after I wrote that letter march 1 and now we should see a relatively straight shot to 30 with a little bit of chop chop come in at 26.. Best of luck to all the longs.. This should be fun

  • March 1
    Hey @%#@
    Thanks for the response. I am by no means a expert at TA. I do however feel like I have a good handle on IMOS just because I've spent years watching/trading it. The below is my take and how I arrive at it. Step by Step. Sometimes the best TA is also the simplest. Rule 1 being don't fight the trend.

    Got to yhoo imos page you want to use basic TA on the chart page.

    Bring up the max timetable in range

    Type - Line

    Scale - Linear

    Now print this page out.

    Use a pen and ruler and draw a trend line from 2009.. You obviously see a nice bullish uptrend from a dollar.

    Okay now look at the sideways action of the stock between 2005 and 2008 .. All between 20-30. I remember this trading as I traded this stock then. a bunch of runs from 5 - 7 ( just about 3 years worth of trading.

    What we will see now is a run to just about 24. You know that fibb cluster at 24.08. I fear we will see a few years worth of accumulated buyers become sellers at 24. We will need volume and lots of it to bust this. You might see these guys right now jumping ship at 23 in anticipation of resistance above.

    Long story short is I feel very connected to all of you guys on this board. I'm not going to flat out say sell it all at 24 but I will say I expect another retracement at that level. The wild card is and always will be the multiple given to the stock on the TWE and what Seth K does with his shares. I expect to see 30 eventually what i'm saying though is from 24 we might see 20 before 30.

    Best of luck to you and the rest of the gang Jay. Would love to see pictures from Vegas only because I like to put faces to names. If anyone wan

  • jpasc1234 jpasc1234 May 27, 2014 9:53 AM Flag

    We break 24 we see 30 rather quickly .. Good luck fellas.

IMOS
23.52-0.19(-0.80%)Jul 31 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Tesla Motors, Inc.
NasdaqGSThu, Jul 31, 2014 4:00 PM EDT
eHealth, Inc.
NasdaqGSThu, Jul 31, 2014 3:59 PM EDT