I have been monitoring this counter since last August when it attempted to breakout from the downtrendline for the second time but it failed. Having good earning doesn't guarantee the counter will be on uptrend.
Looks like its follow my prediction, to forming cup and handle pattern, once break 515 it will go to 670. For eforce need more patient as it moving slowly, when it go down slowly and go up also same pattern. if jerung help, there is another story.
Based on homily chart, there is lack of banker chips presence to push up the price, so each time the price failed to break resistence, it would fall back to support area. There must be consistent and sustainable banker money chips of 50% and above for at least 3 consecutive days for it to break the resistence level easily. As of now, there is no obvious selling pressure from retail chips, so there is a strong possibility of banker chips on the horizon hereon. So, patience is the key.
Overall market weakened partly due to Anwar going to hold conference call by 4:30pm, really sick with Malaysia old men politicians, old men they already cari cukup makan, they don't care about we who cari makan still. In future please everyone try to kick out all old men politicians who over 55 yrs old, on top of that see what their excuses given not to open Parliament was because parliament full of old folks who have weak immunity, what a sucks reasons, if that case we might as well vote in only young and strong future generation instead of useless old men
The Board of Directors of EFORCE wishes to announce that the Company intends to seek the shareholders’ approval for Proposed Renewal of Share Buy-Back Authority at the forthcoming Nineteenth (19th) Annual General Meeting of the Company.
A Statement to Shareholders containing the details of the abovementioned proposal will be made available via electronic means to the shareholders of the Company in due course.
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....
wehcant
1,259 posts
Posted by wehcant > 2021-03-07 13:23 | Report Abuse
I have been monitoring this counter since last August when it attempted to breakout from the downtrendline for the second time but it failed. Having good earning doesn't guarantee the counter will be on uptrend.