I think 0.375 is not a bad price coz I think it will go up to 0.40 or above depending of the volume and market sentiment these coming couple of days. Hope so and Pray hard.
Thanks to all forum mates for your concern. I shall not play index already. Lost 50% of my money. I want to withdraw my money from market & buy amanah saham better~
Today must close above 0.38 sen then we will be moving towards 40 sen again...sometimes it takes a few attempts to break the barrier...when the QR report is good...it will gap up...lets hold for another 2 weeks...hahaha
@ozzie75 That news not something new. The oil price now above US$50 already...so it is going to be better and better from now on for Malaysia. Relax bro.
Haha, i also have that 3 things... for hesitation, i must know first the counter i wanna play! In a good day, all across the world... the counter i choose i must knowhow much it will drop n how much it will up... when it will up n when it will down! But no matter how, i set my cl around 1 c only! N up 2 to 4 c i icthy to sell... depend on volume also...
Just look at IFCAMSC at $1.00 people shouted too expensive...then at $1.05 people said too expensive and now $1.15...people still buying...so what is expensive ? Just look at how cheap Systech is at 38 sen compare to $1.15 of IFCAMSC ? And don't be surprise...actually IFCAMSC was also 38 sen last year. I believe Systech is the next IFCAMSC and it will climb slowly up. If the QR report is good, it will shoot up fast to 50 sen. Just don't be too surprise...and don't keep saying it is expensive. Mobysys the subsidiary of Systech is the fastest growing IT company in Malaysia. The profit is coming, the dividend is coming...I am sure shareholders will be rewarded.
Systech was on the way up after 'break-out' from highest price 33.5 sen. It shot to a high of 39.5 sen and retreated to 36.5 sen due to profit taking activities. Buyers are coming back now. Sellers are finish selling. If the 38 sen resistant is broken today, tomorrow high chances we are going to break 40 sen. Lets stay tuned. I am sure the big funds are still holding on and having seeing IFCAMSC making the $1 mark, I am sure investors are more confident of investing in IT related companies.
Way to go Richkid. Sharing the same view as you. SYSTECH is a great company and at current price, it's way below its actual capability. Much potential for the coming weeks till QR and definitely a counter to hold on for next 6-12 months. Kudos
If today can closed above 38 sen, tomorrow we will see it retest 39.5 sen... stay tuned. The chart actually tells you that 38 sen is the short term resistant. We need to break this resistant before it can move to 40 sen. Market is bullish...up 23 points. So tomorrow it can be a follow through buy.
@weechin53 Sellers are absorbed during last Friday's selling. Today Systech is moving up slowly. I think force selling is for other counter like Takaso which rises too fast to 74 sen and now going down to 52 sen. Where you heard force selling for Systech?
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Atuk K
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Posted by Atuk K > 2015-02-04 11:35 | Report Abuse
I think 0.375 is not a bad price coz I think it will go up to 0.40 or above depending of the volume and market sentiment these coming couple of days. Hope so and Pray hard.