This is a weekly chart of IQGroup ... I started to check IQGroup in Dec 2016 as I anticipated tech-theme play in 2017 ... and I traded tech-sector theme play for whole 2017, except IQGroup as it broken the uptrend (earlier than many tech)

It gap down due to bad QR ... first gap down hugely ... SELL. EXIT. RUN ...



Last year in Aug, there is a JUMP ... in short sprint. crazy ... you better run/cutloss if you see such DISTRIBUTIONS. Of coz if you are newbies or naive ... you wont cutloss. Can you see the huge volume and the % it went up? hmm ...

Currently, it is trading around RM1 ... is it a BUY ...someone asked me as he is stuck inside (VERY high up there)

Note : my general rule to all is simple. 2019 is NOT an investing year ...it is a trading market. DO NOT average down stocks you are stuck up there, keep the cash tightly so that you will not be sucked inside when crisis crashing global markets ... dont worry, you could easily get IQGroup or anything much much cheaper ....


without liquidity, no traders should be checking on IQGroup. It could drift lower ... without interest or buyers. Current resistance RM1.10 ... and will it reverses? ONLY if profiting coming in ... or sector in play?

Tech-sector on DOWNTRENDING now ... I gave an e-meeting about that ... alert those attended to AVOID tech=sector if one is not well-versed in their fundamentals ... and also do not average down if one is stuck up there in Gtronic ... or IQGroup. It is suicidal ... understand?

Good luck if one is buying to hold.

TEH