Lynlynnakamori - TA guru or TA gungduh

Update 7th September 2019: -

I visited InvestingNote today and realised this old post was being put up to talk about lynlynnakamori. In trading, no one is above all, every trader's decision to execute a buy or sell is just one voice, one view. You will win money when market agree with your view and you made money, simple. 

If you pay money and join in a guru group or syndicate, each guru's call on a particular stock will likely to create massive interest on that stock. This is because your action to follow that guru's call also followed by others in the same group. So, this sudden spike in demand causes the stock price to go up..
So, is the guru's TA skill good or you are the reason why her TA skill good ? Think about that.

If you wish to join in a channel with all the profession traders, come join in this Telegram channel : https://t.me/Trading_Gram
There are free TA courses being shared in this channel.


I am just going to wind up my last comment on Hi-P showing some real time pricing today and show how Hi-P had done the magnificient drop since my first post.

Date : 4th May 2018, Hi-P last traded price was at 1.48!

If I have been a short, I would cover my short at current price and wait for some mini rebounds to take place. So will this mark the end of Hi-P drop? I see recovery short term but only to see further drops on longer timeframe. Why so?
Hi-P reported only $10Mil plus net profit first quarter, if I use $10Mil each quarter to project full year, the annual profits will only be $40Mil. Market cap for current price $1.48 of Hi-P is still at $1.2bil. This translate to PE 30 times. Expensive or not? You decide. Well, one can argue that quarter one is generally slow for the industry, so I take $20Mil for balance 3 quarters and derive at $70Mil net profit for 2018. It is still PE 17 times.

Ok, let us see what TA guru - Lynlynnakamori has to say about Hi-P this time. Oh by the way, when her stocks crashed, her blue blood also crashed. She claimed her bloodtest results not good when Hi-P price was plunging. I mean, my blood will also be bad if I watch my investment money burnt. Here it goes :

 

See, TA guru estimated price target for Hi-P to be $2.50 in a year time. Oh yah, this target has gotten to do with Apple share buy back. So, Hi-P now need Apple to support its results. How confusing it is. 

Let me share all Lynlynnakamori previous TA charts on Hi-P, you decide if she is indeed a TA guru or TA gungduh. 

1. Hi-P chart dated 10-Apr-2018

Verdict : Wrong, false break out, price came down.

2. Hi-P chart dated 11-Apr-2018. 

Verdict: Wrong, tripple tops seen, pointing down.

3. Hi-P chart dated 20-Apr-2018

Verdict: Wrong, support so weak, price came down fast and furious.

4. Hi-P chart dated 30-Apr-2018
Verdict: Wrong, price went below crucial support, head lower below 1.50 region

Four times! Four readings all wrong! How could Lynlynnakamori claimed to be TA guru with all these bad charts. Let us don't be a gungduh blindly following a TA gungduh.