The Investor Sentiment - Equity and investments forum for Sri Lankans



Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans

The Investor Sentiment - Equity and investments forum for Sri Lankans

Would you like to react to this message? Create an account in a few clicks or log in to continue.
The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting

Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
PARQ Chart Pattern EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
PARQ Chart Pattern EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
PARQ Chart Pattern EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
PARQ Chart Pattern EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
PARQ Chart Pattern EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
PARQ Chart Pattern EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
PARQ Chart Pattern EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
PARQ Chart Pattern EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
PARQ Chart Pattern EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
PARQ Chart Pattern EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
PARQ Chart Pattern EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
PARQ Chart Pattern EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
PARQ Chart Pattern EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
PARQ Chart Pattern EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
PARQ Chart Pattern EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
PARQ Chart Pattern EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
PARQ Chart Pattern EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
PARQ Chart Pattern EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
PARQ Chart Pattern EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
PARQ Chart Pattern EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
PARQ Chart Pattern EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
PARQ Chart Pattern EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
PARQ Chart Pattern EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
PARQ Chart Pattern EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
PARQ Chart Pattern EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
PARQ Chart Pattern EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
PARQ Chart Pattern EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
PARQ Chart Pattern EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
PARQ Chart Pattern EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
PARQ Chart Pattern EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
PARQ Chart Pattern EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
PARQ Chart Pattern EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
PARQ Chart Pattern EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
PARQ Chart Pattern EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
PARQ Chart Pattern EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
PARQ Chart Pattern EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
PARQ Chart Pattern EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
PARQ Chart Pattern EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
PARQ Chart Pattern EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
PARQ Chart Pattern EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
PARQ Chart Pattern EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
PARQ Chart Pattern EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
PARQ Chart Pattern EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
PARQ Chart Pattern EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
PARQ Chart Pattern EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
PARQ Chart Pattern EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
PARQ Chart Pattern EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
PARQ Chart Pattern EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
PARQ Chart Pattern EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
PARQ Chart Pattern EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

5 posters

    PARQ Chart Pattern

    xmart
    xmart
    Top contributor
    Top contributor


    Posts : 732
    Join date : 2015-01-17

    PARQ Chart Pattern Empty PARQ Chart Pattern

    Post by xmart Tue Feb 03, 2015 9:25 pm

    This one is on my watch-list for some time and thought of sharing with all.

    PARQ currently trading at FIb 38.2% retracement of 35. there is a (not perfectly theoretical) three drive pattern which indicate the bullish trend before the sudden ASI drop.

    I do believe irrespective of ASI, each stock has its own style. like many other individual stocks in the market this one is also looks attractive.

    open for discussion. ( i tortured the chart bit, one could see what he want to see if he torture a particular chart)

    PARQ Chart Pattern Parq12
    sashimaal
    sashimaal
    Top contributor
    Top contributor


    Posts : 5785
    Join date : 2014-02-28

    PARQ Chart Pattern Empty Re: PARQ Chart Pattern

    Post by sashimaal Tue Feb 03, 2015 9:30 pm

    Thanks Xmart , +

    I am in collection mode for PARQ. Would like Rs 32 to be reached Smile
    xmart
    xmart
    Top contributor
    Top contributor


    Posts : 732
    Join date : 2015-01-17

    PARQ Chart Pattern Empty Re: PARQ Chart Pattern

    Post by xmart Tue Feb 03, 2015 10:32 pm

    thanks  sashimaal, im bullish too. any way did some digging too,

    Phase 01: bearish divergence
    Phase 02: bullish convergence
    Phase 03: Price bounced back and dropped with thin volumes with ASI movements. but no force behind it.

    therefore we can expect a bounce back at 38.2% which is a strong support. if ASI down to 6845 level (which is possible before a correction) PARQ has strong potential to bounce back at FIb 61.8% of 32.10.

    PARQ Chart Pattern Parq110
    sashimaal
    sashimaal
    Top contributor
    Top contributor


    Posts : 5785
    Join date : 2014-02-28

    PARQ Chart Pattern Empty Re: PARQ Chart Pattern

    Post by sashimaal Tue Feb 03, 2015 10:34 pm

    Thanks Xmart, +
    smallville
    smallville
    Top contributor
    Top contributor


    Posts : 1872
    Join date : 2014-02-23
    Location : Trying to figure out..

    PARQ Chart Pattern Empty Re: PARQ Chart Pattern

    Post by smallville Wed Feb 04, 2015 7:30 am

    So at 40s PARQ is a double top..

    At 32s, is gonna be a double bottom too Smile


    _________________
    I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
    Stumpie
    Stumpie


    Posts : 38
    Join date : 2014-07-07

    PARQ Chart Pattern Empty Re: PARQ Chart Pattern

    Post by Stumpie Wed Feb 04, 2015 7:33 am

    Buy @ 29-30
    xmart
    xmart
    Top contributor
    Top contributor


    Posts : 732
    Join date : 2015-01-17

    PARQ Chart Pattern Empty Re: PARQ Chart Pattern

    Post by xmart Wed Feb 04, 2015 8:25 am

    Yes small, its double topped and if market remain bearish it will break 32, but the problem is volume support. it is interesting to watch this chart.

    stumpie, thanks mate. you are saying it is gonna break 32 (golden retracement) and stay at 30 level before breakout. anything is possible in CSE. we'll see! Smile

    smallville wrote:So at 40s PARQ is a double top..

    At 32s, is gonna be a double bottom too Smile
    sashimaal
    sashimaal
    Top contributor
    Top contributor


    Posts : 5785
    Join date : 2014-02-28

    PARQ Chart Pattern Empty Re: PARQ Chart Pattern

    Post by sashimaal Wed Feb 04, 2015 8:42 am

    Quantities available will be very small if it comes to this level

    Rs 32 will be good and last big quantities would be sold at these levels

    Stumpie wrote:Buy @ 29-30
    Stumpie
    Stumpie


    Posts : 38
    Join date : 2014-07-07

    PARQ Chart Pattern Empty Re: PARQ Chart Pattern

    Post by Stumpie Wed Feb 04, 2015 8:46 am

    I bought it @ 10 sold @ 39.
    This isn't a share which has very big volume!

    Expecting to buy again around 30 depending on the market direction.
    sashimaal
    sashimaal
    Top contributor
    Top contributor


    Posts : 5785
    Join date : 2014-02-28

    PARQ Chart Pattern Empty Re: PARQ Chart Pattern

    Post by sashimaal Wed Feb 04, 2015 8:53 am

    Great work Stumpie !

    Dr Senthilverl has sold his quantity. So that 4 million plus shares are with others now...


    Stumpie wrote:I bought it @ 10 sold @ 39.
    This isn't a share which has very big volume!

    Expecting to buy again around 30 depending on the market direction.
    WasteofTime
    WasteofTime


    Posts : 271
    Join date : 2014-09-29

    PARQ Chart Pattern Empty Re: PARQ Chart Pattern

    Post by WasteofTime Wed Feb 04, 2015 9:21 am

    I am holding 2 million worth of shares, bought at 20's
    sashimaal
    sashimaal
    Top contributor
    Top contributor


    Posts : 5785
    Join date : 2014-02-28

    PARQ Chart Pattern Empty Re: PARQ Chart Pattern

    Post by sashimaal Wed Feb 04, 2015 9:30 am

    WasteofTime - Good to hold long term.

    Let me know if you plan to sell.
    Thanks

    WasteofTime wrote:I am holding 2 million worth of shares, bought at 20's
    WasteofTime
    WasteofTime


    Posts : 271
    Join date : 2014-09-29

    PARQ Chart Pattern Empty Re: PARQ Chart Pattern

    Post by WasteofTime Wed Feb 04, 2015 9:38 am

    I want to hold it for some times, probably few quarters. However, I want to re think  after  recent comments  by RW about 4 gods .Will their be any impact like JKH and AEL?


    sashimaal wrote:WasteofTime - Good to hold long term.

    Let me know if you plan to sell.
    Thanks

    WasteofTime wrote:I am holding 2 million worth of shares, bought at 20's
    sashimaal
    sashimaal
    Top contributor
    Top contributor


    Posts : 5785
    Join date : 2014-02-28

    PARQ Chart Pattern Empty Re: PARQ Chart Pattern

    Post by sashimaal Wed Feb 04, 2015 9:46 am

    I was also concerned about that matter a lot.

    According to RPPA, chances of that affecting the tile industry and Parq is much less due to the impact it will have on foreign reserves - where people will import cheap Chinese and Indian tiles and that has to be paid in USD, etc.


    WasteofTime wrote:I want to hold it for some times, probably few quarters. However, I want to re think  after  recent comments  by RW about 4 gods .Will their be any impact like JKH and AEL?


    sashimaal wrote:WasteofTime - Good to hold long term.

    Let me know if you plan to sell.
    Thanks

    WasteofTime wrote:I am holding 2 million worth of shares, bought at 20's
    xmart
    xmart
    Top contributor
    Top contributor


    Posts : 732
    Join date : 2015-01-17

    PARQ Chart Pattern Empty Re: PARQ Chart Pattern

    Post by xmart Tue Mar 03, 2015 9:15 pm

    History repeats. nice theoretical flags and bull trend. it was double bottomed at 33.50 and reached 49. this time it will retreat to its Fib 43.20 and may fluctuate bit and build its base around 43 then it will fly to 60. most probably with the March 31st results.

    (this is purely based on technical. not a buy/sell recommendation)

    PARQ Chart Pattern Parq13

      Current date/time is Wed Jul 24, 2024 3:05 am