Time to sell Insas? EMA 10d right on the dot 0.907. Price SMA 10d > SMA 20d>SMA 50d still trending. MACD still trending. So if price is in positive territory continue to hold and accumulate else selling 2 points below 89.5 sen. Trade at your own risk. Happy Investing.
30 MINS into trading. Insas is holding well. Taking que from Inari, Inari trying to test all time high today of RM 2.08. Insas riding high on Inari. Volume will start picking up in the 2nd halves of trading session.
No Sweat.... quarter end price is always "manipulated". So, those who want buy sometime better off buy at early april or late end March. This is especially true for stock with low volume. I might buy again early April if price is right...
Don't worry about DJ. It's already toppish. Funds that exit Wall Street will find its way to emerging stock markets. Insas fall towards the end due to forced selling of contra players' open position.
Definitely a rebound. Gap up at 89.5 sen. Like I said before. Insas is mirroring Inari shares. Just calculate Jan 1 2017- Mar 28 2017 of Inari's gain. Compare against Insas. Aren't they are the same gain in term of percentage? 28% +/-
After 3rd attempts Inari finally broke the resistance level of RM 2.08. If on parity Insas should be 96 sen and above today. Now Insas traded at a discount of 89 sen.
Insas owns 400 million shares in Inari. Insas has 693 million shares. Each Insas share owns 0.577 Inari share. At RM2.08 per Inari share each Insas share owns RM1.20 worth of Inari share.
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trader8899
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Posted by trader8899 > 2017-03-26 18:41 | Report Abuse
Time to sell Insas? EMA 10d right on the dot 0.907. Price SMA 10d > SMA 20d>SMA 50d still trending. MACD still trending. So if price is in positive territory continue to hold and accumulate else selling 2 points below 89.5 sen. Trade at your own risk. Happy Investing.