My market view

TOMEI Correction Overdone

milosh
Publish date: Fri, 25 Jun 2021, 09:41 AM
milosh
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Killing my extra free time by sharing ideas.

For more check out my blog: http://miloshtrading.blogspot.com

<i>These articles are not trading recommendations, just expression of my personal views, please do your own "homework" when deciding to invest! I am not licensed advisor by SC and I am not recommending any action to buy, hold or sell. All articles here are based on publicly available data from Bursa Malaysia. I do NOT profit from it in any possible way.</i>

 TOMEI is one of my favorite picks with impressive fundamentals, but become a victim of speculation and after "pump" came "dump". Fundamentally it is a very strong company with a great potential, I keep on accumulating as I believe its share price should be way much higher.

 

TOMEI chart

 

As you can see, technically it looks like it is already very low, oversold. 

 

gold chart


Gold chart 5 days, looks stable with UP potential

 

I keep positive on this one!

 

Previous post on TOMEI correction HERE.

Read more on my blog: https://miloshtrading.blogspot.com

 

Disclosure: I am holding TOMEI

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Discussions
Be the first to like this. Showing 2 of 2 comments

kelvin61

The problem is everyone is avoiding this stock the moment Geezer the conman said it was his major holdings among his margin accounts purchases.

2021-06-25 14:29

milosh

yes, but it has a rally good value, in my opinion, it should reverse direction soon and go up

2021-06-25 14:36

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