yesterday was a convincing breakout with high volume. as long as it doesn't not fall below 60c we can still aim higher. But we must be reminded that it is still at overbought zone. It might need to take a rest before the next spike. and the operators have the tendency to squeeze out weak holders by pressing down the price like what they did on 8/Jan. I suppose many retailers were cutting out on 8/Jan under the bad sentiment in the broad market.
I booked my profit in the morning as my entry price is around 59c. Need to be cautious with the operators as they like to wash out retailers. Good luck to those still holding it.
UMA is deserved, although I'm hodling still. The price movement contradicts common knowledge, so it could well be because insiders started the movement when they got a big orders. Basically a few semiconductor equipment makers have been receiving a lot of orders the last two months. Will not be surprised same thing happened inside, but of course later will come out letter saying nothing that they know of, as getting a big order is really business as usual, not like someone want to takeover. Good time to top up
At present, I mainly put 0120 vis and give Rm1 target price. If you refer to vitrox (pe = 46), elsoft (pe = 28), vis (pe = 21), it must increase the space. 2020 EPs = 4 cents, pe = 28, stock price = Rm1.12 Vis's macd is above the 0 axis, and it is still a double bull trend. Last Friday, due to panic selling pressure caused by the kl Stock Exchange's uma, it will slowly recover next week.
Hey dude, vc in red last two qr and both qr reported same month, delayed! Vis reported improving revenue and profit last two qr. I will buy all u hv here
Technology industry-future industry investment theme
● The technology industry belongs to the future. Just look for capable and specific niche technology companies or stocks. In the event of a bad market, you still have the ability to resist and have the characteristics of both offense and defense. Investors can focus on new technology companies, such as artificial intelligence (A1), 5G and other stocks with future prospects and substantial demand.
Specific stocks in the technology sector are also one of the beneficiaries of the "trade transfer investment theme." Because of the US-China trade war, some semiconductor players realized that they could not place production lines or investments only in the Chinese market, and that they would transfer investment or production lines to other regional markets, including Malaysia, which is also one of the ideal locations.
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Posted by loke1024 > 2020-01-09 22:25 | Report Abuse
Hope 2moro up. Up up