If this rally cannot break 0.08, it will just be the same like last time. If you can sell at 0.075 then sell after 1 month, wait it drop back to buy again.
(IMPORTANT) Something is definitely going on in this company... Author: skyhighinvestor |
Publish date: Tue, 05 Apr 2022, 04:08 PM (IMPORTANT) Something is definitely going on in this company...
After a long rest for this company, you can see that clearly something is brewing for them as the share price had broken the 8.0 cents neckline resistance with huge volume today.
What exactly is going on?
For investors’ reference, this company – FAST ENERGY had been actively engaging in oil bunkering and solar related business.
And I think this is quite smart for the management to strike a balance in between – in the sense that leveraging on the up-trending oil price as well as complying to carbon requirements via involvement in solar related business.
The company had gone through some losses throughout the last few quarters due to their gestation period converting from electronics related business to oil bunkering and solar related business.
A huge step, indeed.
So with that in mind, I suspect the company may secure some very good projects or partnership, as we are seeing active announcement coming from other listed solar related companies.
What could be brewing for FAST?
I do not know, but a breakthrough of key resistance level with volume is without a doubt, a very good sign.
Maybe investors could invest today, and lookout for more upside in the coming week!
I only have few words for supporters here. Don't ask people to buy this counter when oil price still so damn high. Even if they don't have scandals and controversial stuffs in the making, they sure will be having repeated PPs and RIs just to raise capital for oil trading.
Only through bulk trading, oil bunkering can earn, since they earn fixed premiums instead of royalties per gallon of oil. Now, they can only sell little because of oil price.
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....
kobaytanhl
69 posts
Posted by kobaytanhl > 2022-04-04 13:40 | Report Abuse
i mau duit raya plsss