3rd round on Tuesday?

Now 0.085 difference

Last minute selldown

Sold all at 0.21 yesterday, moving on to WCT-CZ and WCT-WD

Small cap and pennies are quite overbought throughout KLSE, I'm keeping cash, maybe moving on to CW of mid and large caps.

Sold all at 0.21. Chart doesn't look too good. Hard to push up in the near term.

Buyers at 0.21 manage to withstand selling pressure.

Some money should flow from DNEX to IRIS. Then can push up.

Need more buying volume

0.460 roadblock

Will go up or down? 50/50

Volume is coming

Big volume buying - 0.21 cleared

0.21/0.215 is possible today but seems like show is over.

Too much selling at 0.255 and 0.26, hard to move up unless syndicates keep pumping.

High volume buying at 0.255 but selldown again.

Need more volume to clear 0.255 to be convincing. Too many outstanding shares.

Machine jammed

Machine jammed

Why so many selling at 22 cents?

Another 1 day show?

I've moved on to IRIS. PWORTH is in distribution phase now, no point waiting. IRIS is in 2nd wave right now, with bullish breakout and high volume.

Chart doesn't look good. Hammer formation, no immediate support. IRIS is a safer choice.

I'm selling and moving to IRIS

Selldown...Game over?

2moro open 0.205/0.21, low 0.200, high 0.23, close 0.225

Just for the record, I've divested all my PWORTH holdings, so I won't be on this page anymore.

One day show?

Small roadblock at 0.21.

If the syndicates keep trying to push prices down, people will gradually lose interest, especially with so many better options. So yeah, if you sharks are reading this, don't keep testing our patience.

Too much selling, not enough buying.

@apparently Did this come out today?

Hopefully can close at 0.250/0.255 today. As it is right now, still too many sellers at 0.250/0.255. Not sure why so many people are impatient to sell right now. This stock can easily go to 0.265/0.280/0.30.

Not a bad day for PWORTH compared to MUIIND etc but it's whoever is dumping at 0.245 is really blunting the upwards momentum.

Yes. Or maybe 2 different syndicates trying to compete. High volume buyer wants to pump up the price, high volume seller wants to dump shares.

Someone is controlling the price at 0.245. High volume buy but high volume sell too.

@Chansey: Link please?

If uptrend and can break 0.245 with high volume buying, then can enter. Otherwise, just wait and see.

Game is over for this stock. Might rebound slightly tomorrow but overall sharp downtrend. Not worth the risk at all. Cut loss and move on to other stocks like PWORTH, EAH.

@luckyeveryday Depends on the momentum. PWORTH seems to be consolidating now, buy on uptrend. Above 0.245 should be fine.

Regardless PWORTH is still doing better than other recent plays like MUIIND and DNEX.

Depends, if can recover to 25, then might have some hope.

Buying volume incoming...Support held strong.

Why would anybody still buy at this point? Yes it might be Dead Cat Bounce (possible light rebound to 40 sen tomorrow) but is it really worth the risk? The game is over here, the syndicates have left. Stock will plunge to 30 sen in the next few days, headed for 20 sen. What's the point of holding out? Preserve your capital, move on to other stocks like PWORTH, EAH, MUIIND, DNEX etc.

If I'm a fundamental investor, I wouldn't be looking at these pennies or small caps at all. I would go for mid-caps at the very least.

@luckyeveryday Technical

Bearish engulfing today. Tomorrow might have slight rebound (up to 40), but also likely to slide to 30. Doesn't matter either way. Game is over, don't catch the falling knife. Cut loss and switch to other counters like PWORTH, EAH, MUIIND, DNEX etc.

Maybe too many syndicates lost money on Anzo, that's why no money to pump the price here.

My guess yesterday was close 41 (yesterday), open 42, high 44, close 36 (today). Looks like I'm not far off with my predictions.

I'd rather not trade Dead Cat Bounce. So risky and harmful to health. Better go with PWORTH, EAH, MUIIND, DNEX etc etc. Those are still in uptrend.