Below are 2 Hibiscus price charts to show that despite its 5 sen drop this morning, it is still moving up trend.
The first chart is the 3 months price chart.
The second chart is the 20 day and 50 day moving average price chart.
The blue line is the 50 day moving average and the red line is the 20 day moving average. The blue line crossed the red line on 11 August when the share price was trading at 83 sen.
All expert chartists can tell you that when the blue line crosses the red line it means that it is moving up trend.
Hibiscus reported record profit on 24 August.
Hibiscus Petroleum Financial Year 2022 Results Fueled by Contribution from Recently Acquired Assets and High Oil Prices
All investors should note that Hibiscus share price is moving up-trend. Moreover, it has excellent profit growth prospect.
My sole intention for writing this piece for your information. Whether you buy or sell does not matter because the average daily traded volume is tens of million shares.
Chart | Stock Name | Last | Change | Volume |
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Yesterday said hopeless stock, today say on the uptrend! Next day say Hibiscus is an erotic stock! Remind me of the old senile five foot fortune teller foretold my future in 5 different version within 30 minutes! Well, at least out of 5, he got 1 correct!
2022-09-02 22:27
MMSV (0113) had met the uncle KYY golden rule share selection criteria which the stock must have reported increasing profit for 2 quarters and it is selling at projected PE below 15
2022-09-08 14:51
emsvsi
Dear Koon,
Does this mean you are selling Hibiscus
2022-09-02 17:49