Systech may trend higher after closing above the MYR0.33 level in a bullish bias could be present above this level, with a target price of MYR0.40, followed by MYR0.42. The stock may drift sideways if it retraces below the MYR0.33 level. In this scenario, additional support is anticipated at MYR0.31, where traders can exit upon a breach to avoid the risk of further correction.
40 sen target....just sabar...beli sekarang lah....apa tunggu lama2 ? takut? hahahaha Good stock like IFCAMSC already reach $1.00 level...everybody also scared to buy when IFCAMSC was 38 sen... SYSTECH coming 40 sen all also scared to buy at cheap price 36 sen?
When the price is down, it is good to buy now. Sharks are waiting. When there is no more selling the movement will be very fast until you cannot catch it. I witnessed this scenario when the price jump very fast last friday...from 33.5 to 37 sen within 1 hour...too fast to catch...keeps buying non stop...Now slow down is the best time...before shark make a fast move.
This counter is not oil and gas counter and not impacted by the oil price drop. Why the panic selling? In fact, if O&G is down, chances are higher that fund managers will shift their investment portfolio to IT. Look at RHB's report. Fund managers may already take notice of this counter.
King ...if you notice roller coaster counters are best to play as they provide excitement. Better than a counter that is sleeping and not moving like a big elephant. Don't you agree if you ride a roller coaster you get the adrenaline rush? From experience when a share is steady after heavy selling it is pose to rebound fast.
@tradervic Other than Systech , I am looking at Takaso, IFCAMSC, KMN, PDZ and Sumatec. But the O&G counters are not stable yet...so better just monitor ...until the oil price suddenly shoot up...then you can buy and profit fast. I shifted my attention now from O&G to mostly IT stocks now as it doesn't impact much by the oil price. Counters like K1, Efficen, Novamsc are in my monitors. Reason being IFCAMSC have risen from penny stocks to $1 inspires other IT stocks to follow suits.
Very healthy...closing at 36 sen after such a heavy selling....wow....just dropped 0.5 sen ....when everything looks gloomy....showed how resilient is Systech. Tomorrow a better closing. Happy trading Comrades.
There I told you...started moving....slow and steady....when down...at 35 sen nobody dare to buy..all scared....now moving 37...slowly but surely TP 40 sen coming....!!!
When I tell people SYSTECH is the next IFCAMSC nobody believe it...just like IFCAMSC last time at 38 sen...people doubt it will go $1.00....same history repeat...now don't miss the train...
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richkid
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Systech may trend higher after closing above the MYR0.33 level in a bullish bias could be present above this level, with a target price of MYR0.40, followed by MYR0.42. The stock may drift sideways if it retraces below the MYR0.33 level. In this scenario, additional support is anticipated at MYR0.31, where traders can exit upon a breach to avoid the risk of further correction.
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